Spiga

Trade Update - NZD/USD Short

Reason/Setup:
Entered this trade based on the OzFX setup on daily chart. This trade was recommended by the OzFX forum. The pair has had some good move the past couple of days, but the indicators signal the trend is still valid and healthy. But just to be on the safer side, I am going to enter with just 5 lots. Stop is 75 pips away, and target is 50 pips.


Trade Details:
Date: May 08 2008, 5:30 pm
Entry: 0.77185
Lots: 5
Stop: 0.77935
Target: 0.76685

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