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Aqua_Trader
Aug 24, 2018 10:22 AM

AUD/NZD - MOMENTUM TRADING - BUY SETUP Long

Australian Dollar/New Zealand DollarFXCM

Description

Entry @ 1.0953 (BUY STOP order)
Stop loss @ 1.0933 (20 pips)
Target @ 1.0986 (33 pips)
Risk-Reward = 1.65

Disclaimer:
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.

Trade active

Nice follow through too for the moment..

Trade closed: target reached

Comment

a beautiful setup and follow through...If only all trades played out like this one ;)
Comments
LiLoPro
Thank you for your idea, I love your charting!
Aqua_Trader
@LiLoPro, appreciate it thank you!
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