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Trade of the day 08-June-2010 : $NZDUSD short

by Gav

I opened few short positions during since early London session, and they came to fruition during early U.S session.  I decided to share $NZDUSD trade, which was a fast, and aggressively sold off. I have waited for few hours for Kiwi dollar to pull back , and I decided to pull the trigger when it struggled around Friday's low. 2 profit targets were achieved, with last portion of the position is still trailing.

Here is the CHART. I thought it was another simple trade. (mind you, I said SIMPLE, but not EASY.... :-) )

Comments

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  1. Gav (Trader Gav) — Trackback
    Trade of the day 08-June-2010 : $NZDUSD short http://bit.ly/bY6myX
  2. Equifax PF Blog — Trackback
    Trade of the day 08-June-2010 : $NZDUSD short http://bit.ly/bY6myX
  3. Casey Stubbs — Trackback
    RT @tradergav: Trade of the day 08-June-2010 : $NZDUSD short http://bit.ly/bY6myX
  4. caseystubbs — Trackback
    Enterprise 2.0 changes the kind of Leader you need to be. #e20 http://bit.ly/dyAUBR article in Forbes by @rawn
  5. John Adams — Trackback
    Trade of the day 08-June-2010 : $NZDUSD short: I opened few short positions during since early London sess... http://bit.ly/bAySEI
  6. daytraderjohn — Trackback
    Trade of the day 08-June-2010 : $NZDUSD short: I opened few short positions during since early London sess... http://bit.ly/bAySEI
  7. fxseekin — Trackback
    RT @tradergav: Trade of the day 08-June-2010 : $NZDUSD short http://bit.ly/bY6myX >caught +77 pips on that move, my self-esteem needed it:)
  8. Trade Income — Trackback
    Trade of the day 08-June-2010 : $NZDUSD short | Gav's trading blog http://bit.ly/dvVEqD
  9. Francis Pedrotti — Trackback
    RT @rawn: RT @sweettt: Enterprise 2.0 Leadership - explicit or implicit - http://bit.ly/9BJaOl - new Forbes article by my colleague @Rawn <-- thx Matt
  10. 0-i biz — Trackback
    Trade of the day 08-June-2010 : $NZDUSD short | Gav's trading blog http://bit.ly/dvVEqD

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