BenWright21
Short

Possible NZD/JPY Short position!!

FX_IDC:NZDJPY   New Zealand Dollar / Japanese Yen
SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY


Chart time frame - H4
Timeframe - 1-2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @75.87 - 76.50 and fall to the @ 74.5 In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 74.5

FX:NZDJPY

Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 74.5
Target 2 @ ....

Risk/Reward @ 3.1

Happy trading :)


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
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BenWright21 GabrielHernandez
@GabrielHernandez, Good Morning Gabriel, Hope your having a great day!! At this stage I don't have anything until the 15th May 2019.

For more Trading ideas, Education and useful information please feel free to follow my twitter page @ - https://twitter.com/smptraing. Happy Trading Regards :)
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Nice man. I am in this short already from the previous London session. Best of luck
Reply
@taidhgfx, Thanks for your comments :) Sounds great!! I haven't entered yet as its not inline with my trading strategy. History has demonstrated that second top on double tops push higher so I will be sitting on the sidelines at this stage. Happy trading and all the best
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