Currently position long in AUDNZD, but taking a cheeky short going for only a 1:1 initially and then will trail stops on second portion
Not the highest probability trade as it is fading strong upward momentum and I do think longer term this will break higher but if I get to first target I will try and guarantee at least a small win
Not the highest probability trade as it is fading strong upward momentum and I do think longer term this will break higher but if I get to first target I will try and guarantee at least a small win
Comment:
Target 1 reached - wasn't exact on chart but actual order was at 1.0748, trailed stop just above high, small win locked in
Trade closed: target reached:
Hit target 1 trailed stop on second portion to lock in a small profit overall