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Wednesday, April 29, 2015

Trading Signals for NZD Pairs (April 30 – May 20, 2015)

NZDUSD = Sell

NZDJPY = Sell

NZDCAD = Sell

NZDCHF = Sell

EURNZD = Buy

GBPNZD = Buy

AUDNZD = Buy

NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position size of 0.1 would be used. The breakeven stop is set after about 70-pip profit is made. A trailing stop of 100 pips is set after over 170 pips have been gained. You need to use your technical analysis to know when to enter, since you may want to trade a pair only after your entry criteria have been met.

Recent performances
December 2013 – December 2014 = 12.0%
January 2015 = 0.7%
February 2015 = 2.6%
March 2015 = 2.1%

Disclaimer: Trading signals are provided for information purposes only and shouldn’t be construed as trading advice.



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