Bearish Trade Setup: NZD/USD on H4 Timeframe (Forex)

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We just took a new LIVE trade on NZD/USD on the H4 timeframe, and the trade parameters (EP, SL, TP) are indicated on the chart.

The NZD is one of the most bearish currencies at present due to the easing cycle of the RBNZ.

The USD remains the strongest currency in the longer term. Fed Fund Futures currently price a rate hike in March, with October at less than 10% and December around 30%.

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Here are some of our other open positions:

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Next week, I will going through all these positions and new trading opportunities in my new FREE seminar, as well as the strategies used for these trades.
Check availability: http://synapsetrading.com/free-workshop-7-best-kept-secrets-professional-traders-live/

See you there! 😀

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About the author

Spencer is an avid globetrotter who has been trading, travelling & teaching across 50+ countries, making his first million at 28 and amassing over 300k followers worldwide. As a former professional in private equity and proprietary funds, he has over 10 years of market experience, and has been featured on more than 20 occasions in the media.

 

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