Short

NZDCAD :Long Term View

Good morning traders,

I´m posting a potential long term view for NZDCAD .

A top might be formed around 0.965 and since then new lower highs . Also with the rationale of my other post that Oil prices bottomed, I have bearish bias on AUD & NZD vs CAD pairs

SL @ 0.7275

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

Realisto_FX

Josep Pocalles
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