FX:NZDJPY   New Zealand Dollar/Japanese Yen
Despite the strong move away from this price area, a lot of price action has occurred in the area.
Therefore, a 2:1 return is probably best. This is no more than income trade (to pay the bills             ).

EP: ~86.070
SL: ~86.000
TP: >86.220

If you trade multiple positions, close some at 86.220 and let the rest run to ~86.320.
nmike MOD
a year ago
...better to align trades with higher TF trend in my opion
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selfrighteousgambler nmike
a year ago
Indeed. As I do... Most of the time. Sometimes, I go against the trend, especially as I am only going for 20 pips.

But I agree. Trading with the bigger picture timeframe is key.
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