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Hi Traders
Its day 2 of the contest. Yesterday I posted AUDNZD, and I am glad the trade is working except it pushed slightly deeper than anticipated Fib wise and this slowed down the speed to reach its profit. This is because of the BIG NZD employment change news later today. This leaves me no option but to close with a little profit or around 1.2838 within the days range, as long as it stay inside the buy zone inside todays Europe session. We still looking good to grab 30 Pips here.
So My trade of the day is NZDJPY - PROFIT 90 PiPs
Reasons are simple:
1. JPY Massive easing announcement 3 days ago has placed all JPY pairs into very aggressive trends.
2. Employment change news is expected positive which is in line with JPY's trend of easing policy.
3. Taking profit before the next high and major support.
I would also like to make a small declaration that I will win this month and believe it with all my heart up into the heavens :-)
Love trading with you all !!
Giorgio
Its day 2 of the contest. Yesterday I posted AUDNZD, and I am glad the trade is working except it pushed slightly deeper than anticipated Fib wise and this slowed down the speed to reach its profit. This is because of the BIG NZD employment change news later today. This leaves me no option but to close with a little profit or around 1.2838 within the days range, as long as it stay inside the buy zone inside todays Europe session. We still looking good to grab 30 Pips here.
So My trade of the day is NZDJPY - PROFIT 90 PiPs
Reasons are simple:
1. JPY Massive easing announcement 3 days ago has placed all JPY pairs into very aggressive trends.
2. Employment change news is expected positive which is in line with JPY's trend of easing policy.
3. Taking profit before the next high and major support.
I would also like to make a small declaration that I will win this month and believe it with all my heart up into the heavens :-)
Love trading with you all !!
Giorgio
