NZDCHF DAILY SWING BUY

14 mar 2021

Directional bias on daily and weekly time frame

Monthly time frame has broken out above monthly down trend line

NZD is a strength story - CHF is a weakness story

9 apr 2021

Nota

NZD strength has been effected by the measure implemented by the NZ government to curb house prices.

Swiss franc has been really strong too - this pair has flipped it's strength and weakness story.

Had to opportunity to get out at $10 profit but I decided to stay in the trade to see where it would go and now I regret that. Once the set up is over I need to get out, hanging on is what destroys me

9 apr 2021

Trade chiuso manualmente

didn't take opportunity to get out when I saw the trade was no longer valid

closed trade 0.6492 -30.82 LOSS

15 apr 2021

Nota

It has gone back to my entry and is now in a profit.

Better management - getting out earlier or if I decide to stay in I need to be prepared to buy the correction or wait it out.

The weekly and the Monthly are in uptrends, which supports the idea of buying on the OS correction