RBNZ meeting trade idea.

‪So if the RBNZ tonight is a little less dovish than expected. I’d like to sell AUDNZD on the breakout lower just as I have laid out here on my chart.
So I’d sell 1.0735-40 zone
Set a stop of 25-35 pips
TP 1.0650-75 zone
I’d be hoping to get filled off a momentum play down where if everything goes as planed it will keep going lower after the order is filled. We have 15 minutes till the RBBZ meeting. Good luck everyone.

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The stop zone or the red box will only become live if price presses down past that small white zone in between the red box and the green profit box.

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Took 1.2 off to create a free ride trade / risk free trade now. Allowing the market to decide fir me. The best kind of trade. No more computer screen watching. Off to live life again.

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Eating chart on previous post

Trade stängt manuellt:

We’re done! Took the last bit off a few minutes ago. First bit was +20 pips, and took the last off for +30 or a total of 50 pips banked.
All the best to everybody. Off to the next trade idea.