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SimpleTradingTechniques
Sep 21, 2016 9:39 PM

NZDJPY – BEARISH Strategy Short

New Zealand Dollar/Japanese YenFXCM

Description

Go short the NZDJPY if it trades at 73.42 or lower. If triggered, place your stop at 75.07 and exit the position for a profit at 71.97 or at your own discretion. (Signals are valid for 1 day only. Always invest wisely).

Comment

this trade idea is still valid

Trade active

Trade closed: stop reached

Comments
millersunsine
Nice shot. I suggest if there shows a pinbar around 72.90-73.00, it's time for long. your comments?
SimpleTradingTechniques
price is below the buy/sell line so i will be looking only for sell opportunities. currently i have an open trade to go short with standard exit (TP1) set @ 71.97 after which i will be trading for the market deciding price exit (TP2).
hamedo
yes its active and im in love with it (Y)
hamedo
can i sell now ?
SimpleTradingTechniques
Look to sell at 73.42
hamedo
i will make a pending order
thank you :)
SimpleTradingTechniques
You are welcome. Set your stop loss and profit target
hamedo
sell stop 74.42
SL 75.07
TP 71.97

hamedo
sorry my mistake
sell stop 73.42
SL 75.07
TP 71.97
SimpleTradingTechniques
Right. Risk only 2% of your account on each trade.
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