I will be trading the trend, though it seems a little bit late. Looking at the weekly TF, My bias is to the downside therefore the trend will continue. Take profit may not be hit, therefore i will break even when i am fifty pips up.
Happy Trading.
Happy Trading.
Trade active:
The trade has gone against me by almost seventy pips, GBPNZD has a daily range of more than two hundred pips therefore i am still unfazed and i will hold the trade. If it reaches 1.91000, I will close the trade manually at a loss.
Trade closed: stop reached:
Unfortunately this trade was a loser.