Trader2502

NZDCHF DAILY SWING BUY

Giá lên
Trader2502 Cập nhật   
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Directional bias on daily and weekly time frame

Monthly time frame has broken out above monthly down trend line

NZD is a strength story - CHF is a weakness story
Bình luận:
NZD strength has been effected by the measure implemented by the NZ government to curb house prices.

Swiss franc has been really strong too - this pair has flipped it's strength and weakness story.

Had to opportunity to get out at $10 profit but I decided to stay in the trade to see where it would go and now I regret that. Once the set up is over I need to get out, hanging on is what destroys me
Giao dịch được đóng thủ công:
didn't take opportunity to get out when I saw the trade was no longer valid

closed trade 0.6492 -30.82 LOSS
Bình luận:
It has gone back to my entry and is now in a profit.

Better management - getting out earlier or if I decide to stay in I need to be prepared to buy the correction or wait it out.

The weekly and the Monthly are in uptrends, which supports the idea of buying on the OS correction
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