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I assume you mean to buy the NZD against the USDThis means you think that the dollar will get weaker vs the NZD over time right?Im about half way through your course and have the OANDA practice app. What parameters would you suggest?
Yes, buy NZD sell USD. That is expressed as "go long, NZDUSD."Parameters are buy your first unit here and wait to see what happens. If NZDUSD goes down further you add another unit at the proper level.Initiate with 5% of available units.
Hey MikeSorry to be so dense as Im a total neophyte only about half way through your online course but when you say.... "buy your first unit here..." I don't know where here is. What I learned thus far is to not make "market orders" but instead make "limit orders" (which I think are called entry orders on the current OANDA platform) so I am not sure where to set my limits for purchase price. You can send an email if you wish. I think you have my email address its under gpbgasser
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