GBP/NZD shorting level Short

British Pound/New Zealand DollarFXCM

Description

⋅ Dec 9, 2014 9:07 AM

We're looking for a very simple technical short on the GBP/NZD 4H chart, carrying around 4.15:1 in risk vs reward terms.
Our trade parameters are:
entry @ 2.061
stop @ 2.07
profit @ 2.031
risking 90 pips to win 400.