Pivot Trading

NC kicking ass
look up the post I suggested to go big on this!

AN

Holy shit. I am done for the month
EA is the cherry on the top
and AC is just spare change

$$$ Raining from the sky lol

Woow.. heavy rain.. on NU
Green piiips... all

Closed all my NZD trades.

Big bucks!!!

Will look at taking the other side of the NZD trade, some pairs look better than others. AUD/NZD looking prime to start shorting. It is still early in the game so no hurry to get big. I will stay small till dust settles.

EDIT: NZD/USD looks to be the best play ATM. Swap is a tiny bit good.

Best to all!

That is 19% gain $$$$$

EA & AC

I missed that NJ its drop very fast

nice trade. too bad i missed this!

AC watching

Trade Manager closed my AN Long +352

Trade Manager closed my EN Long +280

Why the plunge? Extremely dovish statement basically saying future rate will most likely be cut down.This takes the NZD wings out.


"The Official Cash Rate (OCR) remains at 1.75 percent. Given the weaker global economic outlook and reduced momentum in domestic spending, the more likely direction of our next OCR move is down.
Employment is near its maximum sustainable level. However, core consumer price inflation remains below our 2 percent target mid-point, necessitating continued supportive monetary policy.
The global economic outlook has continued to weaken, in particular amongst some of our key trading partners including Australia, Europe, and China. This weaker outlook has prompted central banks to ease their expected monetary policy stances, placing upward pressure on the New Zealand dollar.
Domestic growth slowed in 2018, with softness in the housing market and weak business investment contributing.
We expect ongoing low interest rates, and increased government spending and investment, to support economic growth over 2019. Low interest rates, and continued employment growth, should support household spending and business investment. Government spending on infrastructure, housing, and transfer payments also supports domestic demand.
As capacity pressures build, consumer price inflation is expected to rise to around the mid-point of our target range at 2 percent.
The balance of risks to this outlook has shifted to the downside. The risk of a more pronounced global downturn has increased and low business sentiment continues to weigh on domestic spending. On the upside, inflation could rise faster if firms pass on cost increases to prices to a greater extent.
We will keep the OCR at an expansionary level for a considerable period to contribute to maximising sustainable employment, and maintaining low and stable inflation.

RBNZ Statement

"The Official Cash Rate (OCR) remains at 1.75 percent. Given the weaker global economic outlook and reduced momentum in domestic spending, the more likely direction of our next OCR move is down."

Trade Manager closed my NJ Short +113

Trade Manager closed my NC Short +431

thank you friend, it will be very good

I caught a little live bump today on NC, +717.5 Pips ......................Thanks Davit !!!!!

I am done this month. Almost 20% (my target is 10%) so far.

Yesterday i got some great results on EC short, now NC.



I always remember this Davit's post, that say:

Middle of the night here but worth setting alarm for! Patience paying off.

Taken partial tp on NC, NJ, NU & AN.

NC H1 Chart:

nice bump!