NZDUSD SHORT TRADE IDEA ON H1 Short

New Zealand Dollar/U.S. DollarFXCM

Opis

⋅ 2 sie 2016 15:01

Taking a short trade after a bearish engulfing candle supported by macd divergence with 0.7155 and 0.7060 as profit targets.

Komentarz

⋅ 3 sie 2016 14:44

NZDUSD reached 0.7155 , closed half of my position. Remaining half i will let it ride with stop at break even.

Transakcja zamknięta: osiągnięto wyznaczony cel

⋅ 9 sie 2016 08:39

Closed the last half position on this trade because i dont like how it is developing.

NZDUSD h1 short Divergence

Komentarze

Anthony12

⋅ 4 sie 2016 13:24

Hey tonz what does that mean '' i will let it ride with stop at break even.'' Thank you :)

tonz_of_gunz

⋅ 4 sie 2016 13:32

It means that i will let trade run free until i find a good reason to close it because it can have even a bigger potential profit that i initially thought(go down even more than 0.7060).If it doesnt happen i have nothing to lose anyway but long term i think i can get more profits this way:).

OutsideTheBoxHK

⋅ 4 sie 2016 05:33

I published an almost identical chart as this! We certainly are in agreement

tonz_of_gunz

⋅ 4 sie 2016 05:39

Yeah i saw it with that possible H&S play, nice one!

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