14.04.202011:41 Forex Analysis & Reviews: AUD/NZD Grid trading method

Good afternoon, dear traders! Here is a trading idea for the AUDNZD pair.

In my previous trading recommendations I rely on two trading methods:

1. Price Action + Observing the course.
2. A grid method of trading certain cross-rates.

For this trading recommendation, I will apply the second method. Let me remind you that its essence is to work out kickbacks after strong recoilless movements of a certain size on daytime TFs. The value of the average recoillessness and the value for each tool is different.

The AUD/NZD tool is the best suited for this kind of trading method. In early March, we already presented with you a grid of long orders. The graph shows the execution of this method. The average pass was 1000p, but as you can see, the price went much further.

The important thing in this method is not to rush and not to be greedy. Its other feature is the preferred trading on swapless accounts, and INSTAFOREX, unlike other brokers, provides this opportunity without problems and preconditions.

But let me remind you that the grid method involves trading in reduced volumes. This means you can calculate more with the trader's calculator. The step between orders from 500 to 1000p for 5zn. is equal to volumes in each transaction. Note that there is no increase in volume (without Martingale).

I recommend putting an indicator of round levels to make it easier to count passages. TF D1.

Success in trading and control the risks!