Good morning traders,
NZDJPY resumed downtrend after pullback where I was stopped out. I entered short again at 74.8 , SL 75.6 on a daily close, let´s see how plays out
Many indicators support the view, Clear downtrend below 200 & 50 MA, new lowe highs, and bearish stock market
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6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
NZDJPY resumed downtrend after pullback where I was stopped out. I entered short again at 74.8 , SL 75.6 on a daily close, let´s see how plays out
Many indicators support the view, Clear downtrend below 200 & 50 MA, new lowe highs, and bearish stock market
You can subscribe to my mailing list for FX Alerts : eepurl.com/bp_sgP
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
Trade active
Stop moved to B/E , no risk on this tradeTrade active
Stop moved 78.2 , 60 pips protected, have a great weekendTrade closed: target reached
Stop profit hit
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.