Disliked{quote} SCT Family, this is a perfect example and exactly why it is so critical to wait for all the rules of entry, if you entered early on this without banking you would be in a 200pip drawdown, GWIgnored
anyway all this crap over summer that the trade wars is screwing these economies isn't showing in there exports / cpi or unemployment. so there I can only think that there is just so much BS out there. and major events like midterms and tradewars are hard to navigate around. therefore answer I am becoming more and more resolute on is trade exhaustion!... if we look back on the JPY trades from last weeks have done really well. leaving some money on the table and you would have banked some nice coin.... I am keeping my monitoring on so I can stay to get a good picture on some of the less volatile less pip moving crosses.
EURNZD looks to be the better of the 2 for me.
GBPNZD has either an inside Weekly candle and a higher low... for me that needs more confirmation than EURNZD that broke below 1.70 wash out stops for rally back. Also EUR has so far this week been held back when all other majors have rallied quite a lot. maybe this is a strong sign of ongoing weakness in the EUR but lets see what happens.
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