Inizia
ridethepig

Buying Commodity Currencies vs JPY ... the Fade Deal

Long
Dollaro neozelandese / Yen giapponese (FOREXCOM:NZDJPY)  
ridethepig Aggiornato   
FOREXCOM:NZDJPY   Dollaro neozelandese / Yen giapponese
Trend Analysis Beyond Technical Analysis Wave Analysis NZDJPY NZD jpy rbnz boj tradedeal uschina trump XI
11
0
trendanalysis beyondta waveanalysis nzdjpy nzd jpy rbnz boj tradedeal uschina trump xi
I am fading the Tweet yesterday as a US-China trade deal is around the corner. I expect the final summit to come in late May. A trade deal will be enough to support the recovery in China and Europe. From a markets perspective, the deal is now mostly priced into Equities giving a very typical “trade the rumour” and “fade the fact” opportunity. Whilst on the FX board, a deal will support commodity currencies notably AUD, NZD, CAD and NOK.


Commento:
Risk prevailing creates a difficult environment for longs ...this had to be used in combination with the AUDNZD hedge

Using AUDNZD as a strategic hedge (intraday flows)
Trade chiuso: stop raggiunto:
Stops hit here... no surprises to be honest after we lost the 73 quarter overnight.

Idee correlate

ridethepig
Technical Portrait for USDNOK
ridethepig
Using AUDNZD as a strategic hedge (intraday flows)
ridethepig
The "fade" deal
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.