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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…
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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 …
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