Busy with the Forex markets… NZDUSD and AUDNZD

The previous evening before I went to bed, I put on a couple of trades based on the stochastics cross method I'd been using lately. Firstly the NZDUSD short at 0.7820. I was probably a bit late in the entry as the trigger is a turn on the moving average trend indicator together with the stochastic cross. However, I got out when the trend indicator started to change at 0.7803 for +17 pips Secondly, I went long AUD/NZD at 1.2185 seeing the stochastics cross and the changing of the trend

June 4, 2008 No Comments Full Story