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March 2019 Results

Writer: Matty CheungMatty Cheung

Updated: Aug 1, 2020

NZDUSD Member Trade Submission


The LogicStrategy™ has had some high volatility this week with scheduled news showing a diverse range of results. Countries are starting to show signs of both strength and weakness. This week one of professional members were able to use the LogicStrategy™ in a unique way. Identifying shifts in strength vs weakness they were able to snipe an entry on NZDUSD.

Opportunity identified on 26/02/2019

NZD shifts to -34 from 6, USD strengthens slightly from -10 to -7

After our member saw this huge momentum change in the LogicStrategy™ they thought it was a good idea to short NZDUSD. Below is their position where they identified the opportunity, going for a high risk reward trade!

NZDUSD 26/02/2019

Below is the after picture of the price chart NZDUSD. The member has now closed the position because of personal risk management however he still believes it can reach the take profit provided. Especially if the LogicStrategy™ continues to show NZD weakness and USD strength.

NZDUSD 1:8 Risk Reward Closed

This swing trade opportunity just goes to show the different creative ways you could use the LogicStrategy™! Feel free to submit your trade ideas to support@logikfx.com to get featured when using the LogicStrategy™.

Read more on US economy here.

To keep up to date with the latest opportunities upgrade to Trader and Professional memberships.

5 Comments


Logikfx Support
Logikfx Support
Mar 01, 2019

@Paul Murphy that could be a great idea! We'll pass it onto the teams and see what we can do.

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Paul Murphy
Paul Murphy
Mar 01, 2019

Beautiful!


@logikfx any interest in making a telegram chat that members can share ideas in?

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Mohammed Shahan
Mohammed Shahan
Mar 01, 2019

ye this was my trading view account here's the trade on my live account: https://gyazo.com/04f905fa705c0c8bb3323a336f69f29e

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Matty Cheung
Matty Cheung
Mar 01, 2019

I wish i caught it haha!

Like

Paul Murphy
Paul Murphy
Mar 01, 2019

Fantastic spot!

Like

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