NZD
- Dovish rhetoric
- Market Internals
USD
- Mixed PCE & Income data
- Oversold dollar due to exaggerated cut expectations
Technical & Other
- Entered shortly after the release
Setup: TR(B)
Setup timeframe: 1h
Trigger: 5m
Medium-term: Up
Long-term: Up
Min target: Mirror level, DMA(10)
Risk: 0.38%
- Dovish rhetoric
- Market Internals
USD
- Mixed PCE & Income data
- Oversold dollar due to exaggerated cut expectations
Technical & Other
- Entered shortly after the release
Setup: TR(B)
Setup timeframe: 1h
Trigger: 5m
Medium-term: Up
Long-term: Up
Min target: Mirror level, DMA(10)
Risk: 0.38%
Trade closed manually
Closed before weekends due to price actionTrade active
Reentered (risk 0.5R), chose to short NZD instead of AUD due to the news of Blackstone AUD 20bln acquisition of Australian data operator. The news apparently triggered intraday strength in aussie.Trade closed: stop reached
Trailing stop, +0.7R
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.