vlad.adrian
Short

AUDNZD - Going for the floor again

FX:AUDNZD   Australian Dollar / New Zealand Dollar
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6
I have written some of the trades that I've been taking and didn't publish here. The tip of the text label is positioned approximately to the price where I entered and exited the particular position, reasons are written on chart. AUDNZD has a very important floor, just like commodities , around 1.05000, very close to parity.

Here is the weekly chart, and I believe it clearly points that on the long term this pair is going up, but for the short term it is probably going to its floor again

Comments

added twice the original amount at 1.07556 on 25.06.2014
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vlad.adrian vlad.adrian
stopped out on the added amount
probably a big mistake to place the stop there
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