Simple Shorting on the Kiwi

Looking at the daily chart if you had noticed the 123 at a breather level which is also at a strong RN, you would had the opportunity to make exceptional large profits, by taking a short position.

With good trade management you would have been able to maximise your profits, as there was plenty of warning to tighten your stops.

The signals we had to manage the trade came in the form of convergence from the MACD and price heading towards a key RN. These signals came in on multiply times frames and also gave plenty of warning.














Well done to those of you who saw this and were capitalised on this.