GBPNZD - Buying after a bounce @ 1.9932

FX:GBPNZD   British Pound / New Zealand Dollar
188 8 10
Waiting for the pair to drop some more then bounce. Will enter after the bounce.
Entry @ 1.9932
TP @ 2.0502
SL @ 1.9670

Target 500 pips plus
Full target Ladies and Gents, it sure didnt look like it was gonna be a full win trade there for while. it only shows how patience is a virtue when trading
Man , You are the master, thanks for sharing.
Very good analyze.
Wait and will see ...
FOREXEL ThierryTran
this pair is figthing a level of resistance rigth now and migth head south again. it is advisable to take profit and re-enter above curret level when it gets there and confirms above.
thats very kind of you
would you please post your trade set up
FOREXEL manijeh.kazemi.33
the setup is visible on the chart but here you have the numbers.
Entry @ 1.9932 - 2.000 ( I will enter at 1.9932, and will add on to the trade once confirmed at every 50 pip up or so I hopefully can maximize profits on this trade (I always try to do that on winning trades)
TP @ 2.0502
SL @ 1.9670
+1 Reply
thanks for this post I love it
FOREXEL manijeh.kazemi.33
there is one risk to watch closely. as you can see on previous price action it has been ranging between my SL and Entry level. So for this trade to be really good we need to get good momentum after the bounce or it might get triggered and stopped out fast, Worth the risk for me though )
+1 Reply
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