$NZDUSD: Tight stop, big target...

2022년 8월 27일

I think the Kiwi offers a tremendous reward to risk ratio on the short side here. The situation with persistent inflation and rising energy prices is certainly a headwind for the economy, combined with Powell's increased determination as per his last speech at Jackson Hole, has helped bears gain ground here, triggering both a daily and a weekly down trend simultaneously. The invalidation for this signal is a move back above the 0.6255 mark, in which case a short squeeze would happen. Currently, the chart signal points to a decline towards 0.5762 by October 21st, the latest.
Overall, good setup in the currency market to add to a more holistic trading portfolio (like mine). Any market that adds uncorrelated returns, is a good use of leverage/cash.

Best of luck,

Ivan Labrie.

2022년 8월 27일

노트

Here's the monthly trend in NZDUSD as a bonus:

2022년 8월 27일

노트

2022년 8월 31일

노트

2022년 9월 13일

매매 수동청산

I'm not in this one anymore, banked in profit and didn't reshort but it flashed a signal in the daily today.

2022년 10월 4일

거래청산: 타겟 닿음

2022년 10월 26일

노트

Daily trend now up:
Could be a substantial reversal...

2022년 11월 12일

노트

It was a reversal...trend is now up.