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Naomi293
Dec 24, 2018 5:25 AM

Back Test: GBPNZD (3a) 1-hr Long

GBP/NZDOANDA

Description

1-hr chart
EMA Strategy: GBPNZD

Long
Trade Entered @ 12:00 AM Monday 24/12/2018

Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as support -
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern
5. Long Lower Shadow, Short Upper Body

Risk
- Christmas Eve, so charts might behave funky

Comment

TP 1: 1.88550
TP 2: 1.88950

Comment

Take Partial profits once Trade is 20 pips in profit and move SL to breakeven

Comment

TP 1 & 2 hit.
Trade successful.
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