piphunters
Long

EURNZD: 1 hour buy setup

FX:EURNZD   Euro Fx/New Zealand Dollar
752 14 29
Expecting the price to fall briefly towards the trend line and when it does I will be looking for a possible opportunity for another long entry.
Comment: actually it broke the smaller correction just minutes after chart was posted.
Comment: looks like we may be setting off much earlier than expected on this too...
Comment: here we go...
Comment: The trade ideas posted here are only my view of the respective market and is intended purely for guidance/informative purpose only and should not be taken as a trade call.

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Agree, looks very likely to happen for me.
+1 Reply
piphunters Piet.Hein
thanks!
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very nice
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piphunters Hiisham
thank you
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What is your rule for where you put the trend line? is it on the bodies of the candles or on the wicks or does it matter to you and how you trade?
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actually it doesn't matter to me but normally I discount the wicks and ignore it. It's just for visual guidance only... you cannot get them pinpoint or even need to on a market that is moving constantly.
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Congrats!
+1 Reply
piphunters johan.verm
thanks
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Stoploss ??
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piphunters pathaniasourabh
I have sent a private message to you for SL, it's very difficult to give an SL or TP when I don't know your approach to markets, equity size, exposure and so on but hopefully if you traded this setup you wouldn't have needed much of an SL
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Target done :)
+1 Reply
piphunters pathaniasourabh
good!
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nice
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piphunters Jhanmer08
thanks!
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