NZDCAD buy Long

New Zealand Dollar/Canadian DollarFXCM

Description

⋅ May 17, 2018 5:38 PM

inside bar trading
at a low price.

stopploss 10 pips below the inside bar
or below the big low.

dont risk more than 1% of your trading money on that stopploss.
take partial profit at a 1:1 win:risk and put rest to breakeven then.

remember: inside bar levels may be tested again and that may give you another entry (or a too early stoppout...) ;)

Comment

⋅ May 21, 2018 7:55 PM

nice profit already. took some and rest to breakeven. no more risk.

Comment

⋅ May 24, 2018 11:30 AM

i think there is one more downmove within that corrective part coming going to 0.8850-0.8830 area and then up.

Comment

⋅ May 25, 2018 9:41 PM

as always: patience was the key...

Comment

⋅ May 28, 2018 8:06 AM

my best forecast and live trade ever ;) hope anyone is in this with me?

Comment

⋅ Jun 8, 2018 10:33 AM

these trades risking only 1% of your account but gaining big time give you back a lot of money you spent on losing trades.

Comments

solenmike

⋅ Jun 8, 2018 12:35 PM

@ernstschwarz nailed it :o)

ernstschwarz

⋅ Jun 8, 2018 1:24 PM

@solenmike, :)

PowerOfCapital

⋅ May 17, 2018 6:15 PM

look like prior gap will be filled first.

ernstschwarz

⋅ May 17, 2018 8:38 PM

@watsonzou26, would you show me the gap? thanks.

PowerOfCapital

⋅ May 28, 2018 4:11 AM

@ernstschwarz, Sorry for reply lately. Recently i was so focused on oil trading. I mean the gap on Dec. 8 2017. Big congratulation to you. almost perfect timing to go long.

ernstschwarz

⋅ May 28, 2018 8:04 AM

@watsonzou26, thanks man!