FX:EURNZD   Euro / New Zealand Dollar
14 0 1
learn to trade forex successfully for free - This trade is attributed to an early position that missed the pull back trigger point by just 20 pips you can see this trade idea in the related ideas link. The better than expected trade balance that came out on the NZD and the poor sentiment due to the Greek bailout talks should bring this currency pair back down to 14550. I am using the rejection of 15000 this morning as an indicator and will wait to get in for a new low. Although this involves over a 100 pip stop loss we stil have a 3:1 risk reward ratio.

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