gecko's Blog

Avatar

NZDUSD

NZDUSD
Trend-Outlook: Bearish
Trading method: Technical, Volatility breakout method and Trend following trading method.
Time frame: hourly chart.

Indicators:
RSI and CCI.
Trading plan: Sell lot sizes of 500 000 units; hold positions for longer durations in the direction of the trend;
entering on tops and exiting on bottoms using CCI and RSI indicators as guidance.
Expectations: NZDUSD to weaken relative to the US dollar. The 25th of Jan 2017, 02:00 marks an
important price level. If the the cu…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires
Avatar

Overall Trading Strategy

Overall Trading Strategy
My trading will focus on commodity currencies (AUDUSD,AUDNZD,NZDUSD,CADJPY,CADCHF)
They require little margin to trade and have a high pip value.
They are considered risk-on investments, and have a daily minimum average of 70 pips.
For my trading objectives; commodity currencies are a good choice, considering their pip value and
daily pip range.
Trading method: My method is based on technicals; I employ volatility breakout method and
trend following trading method on an …
Lisez l'histoire complète
Traduire en Anglais Montrez l'original
oupour laisser des commentaires