I don't normally trade the NZDUSD but the chart looks very clean we the Pro-Trading System on it. Started to nibble on the short side today. I know the Dollar is playing out a 4th wave retracement and so we should be seeing the NZDUSD pushing higher but, we are I think this could be a good area to enter. Stop placement wouldn't be so far away and the reward would be down at wave 5. So good risk reward.
I don't know how to put videos on here because I wanted to show you why and how I took 100 points out of oil this morning.
I don't know how to put videos on here because I wanted to show you why and how I took 100 points out of oil this morning.
Comment:
We are certainly in a position to roll over from here but we could see one final move higher to 7093.
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