FX.co ★ Trading tips for NZD/CAD

NZD/CAD rose, completing the plan presented last January 10. Back then, we said traders should put up a grid of buy limits in order to raise the price up.

Plan:

Development:

Congratulations to those who followed the strategy!

If the pair hits another all-time high, a grid of buy limits can be placed again. This is called "grid trading", which is usually used on cross rates.

Good luck and have a nice day!