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legegg
Jan 25, 2021 5:28 PM

NZDUSD, range trades in supply and demand, tested areas. 

New Zealand Dollar/U.S. DollarFXCM

Description

Both trades are in over and under-supplied zones. Market is range trading. Extremes of ranges both tested, zones refined to 15min TF to reduce margin
Comments
legegg
Thanks for the feedback Fredrik. I am really concentrating on refining my zones now, to reduce risk/margin. I was short and long here, the short was stopped out by 0.7 pips meaning i missed out on a 15:1, and then it missed my long by 2 pips as you identified, before returning back for another 15:1. So close to getting a 30:1 return but ended up with nothing.....guess thats trading eh !
inspiretrades
Great identification of trades, unlucky that the long missed by a couple of pips but it looks like you have the zone identification down very well! Thank you for posting!
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