Alongside NZDUSD, this NJ trade can come in handy with correlation to NZD bearish sentiment as a whole. Pending is based on:
- Key level break retest
- 50 fib retest
-Correlation with Nikkei
Smaller stop used here as with JPY pairs we hope to see a quicker reaction
ECHO
- Key level break retest
- 50 fib retest
-Correlation with Nikkei
Smaller stop used here as with JPY pairs we hope to see a quicker reaction
ECHO
Giao dịch đang hoạt động:
Likewise with NZDUSD we have a correlation between both NZD pairs. Now running +15 pips depending on where you entered from the short.
Giao dịch được đóng thủ công:
Closing the trade around BE to mitigate potential losses. JPY index is moving against us, and no further correlation to support a pullback across JPY pairs.