gcplau

GBPNZD Short

Short
gcplau Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Short on pins, and other confluences
Comment:
SL: 218.83 (1R=56pips)
Entry: 218.27
PT: 217.22 (105pips)
(ultimate trail target: 214.30, 400pips, 7R/R; subject to surviving next swing high from top, with LH/LL)
Comment:
Whenever 1R higher high is attained Trail down TP by 1R & SL by 0.5R .... all the way until TP is trailed to 214.30
Comment:
sorry... typing mistake,
whenever price move lower low by 1R, trail down the TP by 1R & SL by 0.5R
(i.e. trail both SL & TP)
until TP reach 214.3
Comment:
Profit Extension using trailing or pyramiding.
See revised as idea here:
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