Currency Pair: EUR.NZD Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short
EUR.NZD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
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Perfect pullback into the entry zone, simply awaiting entry confirmation.
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No position executed, GBP.CHF provided better technicals as we approached data.
We didn't execute this position, we went with the GBP.CHF instead.
abidnaeem.fml
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@tomhall, soo, EUR/NZD pair should i hold? i am in loss right now
UnknownUnicorn180388
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@abidnaeem.fml, It all depends on your rules, if you are happy with the position, your stop loss, risk reward etc then keep it live.
If you have executed the position and don't feel comfortable then close the position.
waynepipkill
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Good stuff
UnknownUnicorn180388
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@wayne4x, Thank you :-)
TEX57
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I just joined the real club for 3 months. Getting the timing right is where I need the most training. Looking forward to learning a lot more about when to execute.
UnknownUnicorn180388
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@NSK57, Thanks very much.
It's certainly crucial especially as price approaches the entry zone, one must wait for the perfect entry.