AGold54

GBPNZD SS Long + 75 Pip Potential

Long
AGold54 Updated   
OANDA:GBPNZD   British Pound / New Zealand Dollar
Price is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
Entry = 1.9201
Stop = 1.9176
Risk = 25 pips
Profit target = 1.9276 ( The projected daily high )
Reward = +75 Pips
RRR = 3-1

I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen

Trade active:
This trade has been triggered and is now Active :)
Trade active:
This trade is up + 30 pips, I am going to bank 1/2 of my position and move my stop to flat. :)
Trade closed manually:
This trade is up +66 Pips. I am going to close the remaining 1/2 of my position :)
Trade closed manually:
Interesting and important point. Usually I only take/post 1 trade set-up per day. Today I posted 2. While this trade ran perfectly. The other (GBPJPY) got stopped out. Even with the loss I ended up banking 2.54% for the day. That is the benefit of having a good RRR comes in.

Moreover, clearly the GBP was surging and I should have listened to what the market was telling me...don't sell GBP. So the loss could have been avoided...
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