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Bastosai
Feb 5, 2018 10:58 PM

NZDUSD - D - SHORT Short

New Zealand Dollar/U.S. DollarFXCM

Description

If you're brave enough you can try this SHORT setup. On monthly and overall, I see this pair as bullish but after the huge run we had last months, a healthy correction "should" arrive. However, as far as I remember, anything can happen in trading so this trade has a good RR, that's why I'm taking it. My plan is to take on TP1 and set SL@be quickly and target a quick TP2. TP3 and TP4 shall be for "bonus" trade.
As already said by a lot of good traders here in TV, mitigate your risk with % of your account, not taking absolute pips numbers.

Trade with you own diligence,
GL HF

Comment

Closed 30%@TP1, nice start.

Trade closed: stop reached

SL@be hit!
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