XavierAlexander
Short

GBPNZD H4 - Potential Sell Idea - Trading Made Simple Volume.4

FX:GBPNZD   British Pound / New Zealand Dollar
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Look and Learn, chart tells 1000 words!

.618 Rejection, following the waves. I give a minimal picture to try and show you how clean it can all be.

Lets see how it pans out, enter on a macros scale, and try and structurally protect your position as soon as possible!

Set - Protect - Forget - Next !

Speculate Wisely =)
you where wrong
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@youssef001, Great observation, I was indeed wrong! However my initial risk reward allows me to be wrong 50% of the time and still be profitable. Also, on a micro scale, price came into profit on my entry before the bullish drive which is more outstanding on the macro scale.

Entering at key price points allows you to protect your position almost instantly. For more insight to how live postions look like, check out my instagram-: CertifiedSan - you can see various examples of RR scaling and how to protect and chase profits using your stop loss.
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