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glennmercer

NZDJPY Long: Rally To Missed Pivots

Long
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
glennmercer Updated   
FX:NZDJPY   New Zealand Dollar / Japanese Yen
NZDJPY LONG breakout missedpivot Pivot Points glennmercer gmercerfx
7
2
nzdjpy long breakout missedpivot pivotpoints glennmercer gmercerfx
Hey traders, here's a NZDJPY cross trade. I like the price action off of the short term moving averages. Lots of support between entry and SL. Targets are big, with a nice R/R. B/E @ 1:1. Cheers
Trade active:
Comment:
Moving stop to 1:1. Nice strength in the New Zealand dollar after the employment numbers were announced. We're sitting at about 2:1 Reward/Risk with 34 pips profit. Letting her run... Cheers!
snapshot
Trade closed manually:
Lack of follow through on the kiwi after positive news. Closed at breakeven. Cheers
Comment:
This should say, "Closed @ 1:1". Made a modest 17 pips on this one.

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