Long NZD/JPY

14 thg 9, 2020

Have entered long at 71.00 on news that New Zealand have reduced their lockdown restrictions from level 2 to level 1 except for in one state.

This is coupled with a positive risk tone due to AstraZeneca resuming their phase 3 trials.

This is primarily a day trade mostly supported by risk sentiment. If we cleanly break 71.00 then I will hold a bit longer with stop at break even and target of 72.00.

If price bounces off of 71.00 then I would like for another entry maybe around 70.80.

22 thg 9, 2020

Ghi chú

Still in this position holding a £9 loss at the moment. Looking for the 68.00 level to hold.

Need markets to turn back to risk on and equities to turn to the upside. Markets may start to turn more risk off building up to the US elections.

9 thg 11, 2020

Giao dịch được đóng thủ công

Closed at a £5 profit in the end after sitting through a long drawdown. Have closed at 71.80 which are pandemic highs.