GBPNZD

29 May 2015

This long trade is now two weeks old and is making excellent progress. Currently +400 pips with the possibility of increasing the trade looking quite likely on a close above 2.20 (still 500 pips away). I have not been able to move the stop loss yet which is one of the negatives of my long term strategy. I expect this trade to last several months or longer and if it makes target to deliver upwards of 3000 pips.