DACapitalTrading
Long

GBPNZD - FOREX - 15. JULY. 2019

FX:GBPNZD   British Pound / New Zealand Dollar
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for Forex and Crypto-Currency Markets every day!

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1 HOUR
Bearish price action and pressure.

4 HOUR
Break below previous lows and support zone of short/midterm long holders.

DAILY
Market structure at a strong support zone , expecting some bullish price action now!

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FOREX SETUP
BUY GBPNZD
ENTRY @ 1.87160
SL @ 1.86370 (80 Pips)
TP @ 1.88500 (135 Pips)
RR: 1.70
Use 1% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)


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Have a great week everyone!

ALAN
Trade active
Trade closed: stop reached: Closed with -80 Pips!
Good signal
+1 Reply
DACapitalTrading damianrattray
@damianrattray, Thank you!
Reply
The reason it hit the SL is trading and analysing against the trend. I am sure that you will also comment on my failed trades to let me avoid mistakes in the future.
+1 Reply
@Hameedfx, Our strategy is based on anti psychology, everyone follows the trend guess why 90% of all traders fail in the longterm ;)
Reply
Hameedfx DACapitalTrading
@DACapitalTrading, hmmmm sounds OK, yet I believe of trends. If I don't find a trendy signal I am not trading even if it is 100% sure....
+1 Reply
@Hameedfx, nothing is 100% sure mate
Reply
nice work guys :) clean and clear
+2 Reply
@Husain_Zabir, Thank you!
Reply
How you are long on this pair. NZD is very strong and GBP have to come with some very good news to pull it back. Otherwise it will keep the bearish trend
+1 Reply
@awanje, I saw a turn
Reply
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