Technician
Long

Swing Trading The EURNZD

FX:EURNZD   Euro Fx/New Zealand Dollar
443 1 9
Update: Cancelled Trade

I am looking for a swing trade here, from areas near the main rising trend line , which held against the recent bearish wave, a falling wedge pattern has also completed. A trade with a around 2.5 risk-reward

https://twitter.com/thefxchannel
thefxchannel.com

Trade Number 85
Accumulated Profit(pips)=+2372

Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is moved to breakeven
4. Second unit at second target
5. If 90 percent of first target is reached without triggering entry, trade is cancelled
6. Remember: Losses is a main part of the game ;)

For more: https://twitter.com/FxInstinct
http://stocktwits.com/FxInstinct
Update: Cancelled Trade
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