This week's trade theme was NZD and RBNZ.

The RBNZ failed to deliver to the 5 day interest rate rule as RBNZ interest rates traded less than 5 basis points in 5 days. The RBNZ informed long before the statement to on hold for OCR.

But did we really need the 5 day rule for the NZD trades to work perfectly. No we didn't as math rules dominated the actual weekly trades. The trades and results below as posted.



Long 0.6394 and 0.6383 to target 0.6496.

Low 0.6378, High 0.6479.

Trade runs from 0.6383 +96 pips and 17 pips to target.



Long 70.22 and 69.88 to target 70.75.

Lows 69.98, Highs 70.75. Target Complete +77  pips.

2nd Leg. Long above 70.89 to target 72.21

Highs 71.31, Trade Runs +41 pips.

Total 118 pips and 2 trades.

70.75 Vs 70.89? Remember the non touchable gray area prices highlighted in many posts.



Long 0.6251 and 0.6239 to target 0.6339.

Lows 0.6236, Highs 0.6323.

Trade Runs +87 pips and 16 pips to target.

Total 4 trades and 301 Pips.

The trades are few and perfect but profits high.



Short 9.3039 and 9.3168 to target 9.1367.

Highs 9.3057, Lows 9.2040.

Trade runs +999 Pips and long way to target.



Short 10.1906 and 10.1957 to target 10.1235.

Highs 10.1938, Lows 10.0569.

From 10.1938 to 1.1235 trade ran +703 Pips. To 10.0569 trade runs +1359 pips.

Watch 10.0512 break  for next leg lower.



Short 19.4365 and 19.4448 to target 19.2370.

Highs 19.5342, Lows 19.1092.

Forced to add 1 lot on missed entry.

From 19.5342 to 19.2370 = 2972 pips.

From 19.4448 to 19.2370 = 2078 Pips.

Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.

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