Automated Forex Trading Signals Suggest Short NZD/USD, Breakout
Posted: 16-09-2008 , 04:46 GMT
Our Forex Buy/Sell Trading Signals went short NZDUSD within the last five minutes at 0.6512 using the “Breakout” system. A trailing stop order was also placed ay 0.65796.
Given that this is a breakout system, volatility may pose the threat of a false signal. As such one may want to consider the level of volatility indicated by the signal before placing a trade.
See more Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates on these specific signals, as our automated forex signals can and do change on a daily and intraday basis. For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.
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