Observation
EURNZD followed my analysis perfectly, breaking out and retracing down.
It is almost at my entry zone now which is at 1.4710.
Execution
Initiate long at 1.4710 with stop loss at 1.4650
TP will be at 1.5
Easily a 1:5 R:R trade/
Do not risk more than 2% on all your trade setups, I will not be in any way liable for your losses.
Thanks you for all the kind comments you guys showered on my postings, glad to continue serving and sharing ideas with all of you.
Terry
EURNZD followed my analysis perfectly, breaking out and retracing down.
It is almost at my entry zone now which is at 1.4710.
Execution
Initiate long at 1.4710 with stop loss at 1.4650
TP will be at 1.5
Easily a 1:5 R:R trade/
Do not risk more than 2% on all your trade setups, I will not be in any way liable for your losses.
Thanks you for all the kind comments you guys showered on my postings, glad to continue serving and sharing ideas with all of you.
Terry
Trade closed: stop reached:
Hey guys, just want to update that I got stopped out on this trade.
Lost 60 pips on this.
Total equity loss 1.5%.
On to the next quality trade.
Lost 60 pips on this.
Total equity loss 1.5%.
On to the next quality trade.
