Hi Traders,
I have another idea here which i think will play out very nicely, I have bought GBPNZD LONG TERM with the target of 2.2. Technically, a fib .618 retrace is likely at this stage.
The bias against the kiwi here also is quite appealing.
I trade on two levels, buying at low prices to build a good low base for the target. Secondly, having shorter 1-5 day trades to cover interest and build a modest monthly profit.
I may hedge depending on my risk appetite for that particular instrument.
Good luck,
Have fun
I have another idea here which i think will play out very nicely, I have bought GBPNZD LONG TERM with the target of 2.2. Technically, a fib .618 retrace is likely at this stage.
The bias against the kiwi here also is quite appealing.
I trade on two levels, buying at low prices to build a good low base for the target. Secondly, having shorter 1-5 day trades to cover interest and build a modest monthly profit.
I may hedge depending on my risk appetite for that particular instrument.
Good luck,
Have fun
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