SWING TRADING JOURNAL
Some people says, there is only small chance that this pair will go down
But, it is what it is, I will take my risk. I will put proper lot size for this trade
I'm bearish for NZDUSD and this is my plan
I will;
SELL NZDUSD as close as possible to the Red Line
SL ABOVE Red Line
Final TP at Blue Box
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc
No Profit Guarantee, Good Luck!
Some people says, there is only small chance that this pair will go down
But, it is what it is, I will take my risk. I will put proper lot size for this trade
I'm bearish for NZDUSD and this is my plan
I will;
SELL NZDUSD as close as possible to the Red Line
SL ABOVE Red Line
Final TP at Blue Box
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc
No Profit Guarantee, Good Luck!
