Updated: Aug 1
NZDUSD Member Trade Submission
The LogicStrategy™ has had some high volatility this week with scheduled news showing a diverse range of results. Countries are starting to show signs of both strength and weakness. This week one of professional members were able to use the LogicStrategy™ in a unique way. Identifying shifts in strength vs weakness they were able to snipe an entry on NZDUSD.
Opportunity identified on 26/02/2019
After our member saw this huge momentum change in the LogicStrategy™ they thought it was a good idea to short NZDUSD. Below is their position where they identified the opportunity, going for a high risk reward trade!
Below is the after picture of the price chart NZDUSD. The member has now closed the position because of personal risk management however he still believes it can reach the take profit provided. Especially if the LogicStrategy™ continues to show NZD weakness and USD strength.
This swing trade opportunity just goes to show the different creative ways you could use the LogicStrategy™! Feel free to submit your trade ideas to email@example.com to get featured when using the LogicStrategy™.
Read more on US economy here.
To keep up to date with the latest opportunities upgrade to Trader and Professional memberships.