tomonz
Long

Change in market Sentiment NZDJPY 4 Hour

FX:NZDJPY   New Zealand Dollar/Japanese Yen
21 0 3
Potential setup long on the NZDJPY             4 Hour

Buy stop 74.632
Stop loss: 73.972
TP 1 : 75.292
TP 2 - Runner Open TP

Concerns: Major Resistance ahead 74.766, but we have had a very strong bullish break of the 100 SMA , which would indicate a potential market sentiment change.


Welcome to Forex Signals NZ            
Market Sentiment Strategy:
Based on Naked Price Action. The only indicators used are two simple moving averages , taking into account minor and major Support and Resistance levels.
80% of trades are made with the trend.
20% of trades are made against trend, only once change in market sentiment has been confirmed through very strong price action..
Money Management VERY STRICT:
Max 2% Risk per trade.
Per Signal
- 1% Trade 1 Fixed TP 1:1 ROI            
- 1% Trade 2 Runner 1R + TP (waiting on reverse signal)
FOREX " EXPECT THE UNEXPECTED"
Signals Provide Tuesday NZT after the close of the Asian Session through until Thursday NZT close of European and US Sessions. (* I do not trade outside of these session times)
Very little Trades are made during the Asian Session.
The System trades multiple currency pairs on the 4 Hour, Daily charts . With confirmation coming from weekly and monthly charts.
NO news trading.
Please note: This is a slow and steady fund. We do not scalp. Average trades 2-4 per week. Profits will constant with very little risk. We are in it for the long term.
To many signal providers are "boom or bust" they risk to much capital, which is great when the market goes in your favour not so much when it doesn't.
Get our Automatic Forex Trade Signals here: http://www.signalstart.com/analysis/forex-signals-nz/11793
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