BKSWING – 2 Post NFP Orders 05.02.14

While we do not want to be in any live trades pre-NFPs, there are 2 attractive opportunities post data. NZD has been performing very well this morning, if non-farm payrolls beats, we should see an extended rally in NZD/JPY. AUD/CAD should also benefit from stronger data with the CAD strengthening on good U.S. numbers.

1. Buy NZD/JPY at 89.37


Stop at 88.77

Close 1/2 at 89.67, move stop to break-even

Close rest at 91.25

2.Sell AUD/CAD at 1.0092


Stop at 1.0152

Close 1/1 at 1.0062, move stop to breakeven

Close rest at 0.9927
Swing

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