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Kiwi stopped me out at -80 pips

Daytrader21 Posted 5 Feb.  in #Trader's blog #Nzdusd
Yesterday I've got stopped out on my short kiwi trade it seems that the broad based dollar weakness across the board didn't spare not even the commodity currencies. On this trade I've lost almost 80 pips but right now I've decide to get back in. I think I've made a bad management decision as I could have moved my SL further and not let this move to get me out. Nothing has changes and the reason why I've re-entered is because I can still see the short side.
Today we a;so have the NFP day which sh…
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NZDUSD Finally breaking down

Daytrader21 Posted 14 Jan.  in #Trader's blog #Nzdusd
I've week but it only now started to break to the downside. I had a trade but got stopped out at BE but I've managed to get in again yesterday a little bit lower. NZD/USD is already at extreme like many other commodity currencies so this trade may be a little bit risky as we're in the final stage of this move before having at least some correction.
My target remains around 0.8400 round number where there is a high change of a bounce.
Best Regards,
Daytrader21
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Taking Some Losses

Daytrader21 Posted 8 July  in #Trader's blog #Gbpusd #Nzdusd
Both of my trades long GBP/USD and NZD/USD have not worked out that well. If at one point my account balance was standing at 150k now it stands at around 85k. On cable I was at one point 70 pips in profits but I ended up losing around 15 pips on that trade as the market reversed with the broad based dollar strength across the board.
Right now I'll be waiting for another opportunity to make some of the losses back.
Best Regards,
Daytrader21
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NZD/USD COT Report

Daytrader21 Posted 31 May as Analysis on NZD/USD, Target: 0.7132, Date: 1st of July, 12:00 GMT  in #Technical analysis #Trendline #NZD/USD #Nzdusd #Psychological Number #Support And Resistance #Cot Report #Open Interest
NZD/USD has broken key support level at 0.7200 which held the price since beginning of the year and it seems now that the bearish trend is ready to resume. First we also need a retest of the broken support which now is expected to act as resistance. We also have confluence if we draw and connect all the high from 0.7750 high, we have a nice trend line which should act as resistance.
Major Levels to watch:
[list][/list]…
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3 Comments
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Daytrader21 5 June

Update 1: The market has not managed to break below key support level and big round number 0.7000 but we neither where able to retest the previous broken support level at 0.7250 which as based on my prediction should happen before the downtrend resume

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Daytrader21 14 June

Update 2: This week the COT has continue to widen again and although technically we broke below key support level and round number 0.7000 a reversal is still in place. Next key support level remains at 0.6900 which is a multi year pivot level.

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Daytrader21 19 June

Update 3: Right now the market is trading near an very big inflection zone between 0.6900-0.6885 which should produce a bounce as the COT extreme is still widening suggesting a reversal may come soon. However we still need a break above the big figure 0.7000 in order to see more upside momentum

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