marcmpb

I think this trade has a lot of potential. LONG

Long
marcmpb Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Its all of the chart. I plan to use a $1000 account with 3000:1 leverage and as I said on the chart I will be scaling into this trade with caution. By the time the price reaches 1.9400 I will be getting $100 per pip all the way up to the 1.9725 take profit area with a 1.9250 stop loss which will have me in profit if it hits. Many people think this trade has no chance because of the leverage I'm using but its all about using your fire power gradually not all at once. I love this pair for the opportunities it presents for massive gains with low drawdown provided you scale in with patience and don't get greedy most important of all. Lets see how it goes
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