Thursday, September 24, 2009

SEPT TRADE #5 - BUY NZD/USD

Sept 25, 2009 8:38 am (Manila)

At about 8pm last night, Limit 1 was hit @ +30 pips/lot for a total of +60 pips.

About 30 minutes later, I took out the rest of the trade @ +56 pips/lot for a total of +112 pips.


Summary:

1st Half: +60 pips
2nd Half: +112 pips

Total: +172 pips


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Sept 24, 2009 8:33am (Manila)

BUY BZD/USD @ 0.7207 (4 Lots)
Stop - 0.7149
Limit 1 - 0.7237
Limit 2 - 0.7300

Westpac Consumer Sentiment is out and broadly-positive --- good for the Kiwi. On the hourly chart, the pair has bounced back from this mornings volatility.

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