FollowMyForex

NZDUSD Short For 2.8-to-1 Reward!

Short
FollowMyForex Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hi again @FollowMyForex fans,

Our trend following system just gave us a signal to go short on the NZDUSD. After more than a month of no trading, we suddenly get 3 signals in 3 days, it just keeps pouring in!
We actually had to weight up the risks and choose between multiple signals. Factors we take into consideration was:

* Economic calendar
* Day of the week
* Risk-reward

This trade has a very nice 2.8-to-1 reward ratio.

Update to follow, trade safe!
Comment:
After the week open and the current ranging conditions, we have moved our second target up to: 0.6250.

We advice everyone following this trade to do the same.

Trade safe!
Trade closed: target reached:
All targets reached!

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