It was a slow burner and almost hit the profit target but I've eventually closed my NZD USD trade for a small +0.7 profit (to avoid weekend risk).
All in all, the positive narrative remains, meaning until something changes, I'll continue looking for 'risk on trades' short USD, JPY (BOJ rate hike chatter being a risk) and also, short CHF appears viable again. (It's now all eyes on next week's fed meeting).
Side note that positive data boosted the CAD today and would have made a nice trade for anyone at the charts at the time and not already in a trade.
Wishing you a lovely weekend
All in all, the positive narrative remains, meaning until something changes, I'll continue looking for 'risk on trades' short USD, JPY (BOJ rate hike chatter being a risk) and also, short CHF appears viable again. (It's now all eyes on next week's fed meeting).
Side note that positive data boosted the CAD today and would have made a nice trade for anyone at the charts at the time and not already in a trade.
Wishing you a lovely weekend
johnelfedforexblog.ghost.io
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Join the mailing list to learn fundamental trading.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
johnelfedforexblog.ghost.io
Join the mailing list to learn fundamental trading.
Join the mailing list to learn fundamental trading.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.