TimStuyts

NZDUSD update and a lot of profit

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
312 2 13
This trade is an absolute winner with three positions in a nice profit. I have said it before pips are for marketing purposes. Risk/reward is for traders. Based on my current stop loss:
risk reward for position 1 = 8.5/1
risk reward for position 2 = 5.8/1
risk reward for position 3 = 5.9/1

if we extend higher I will adjust stop loss to an even better risk reward ratio
We can all do the math. Swap is in our favor as well. Keep it simple guys!

Original post see below:
NZDUSD might make one leg higher

Related Ideas

lovely jubbly. Nice trade. Thanks for posting.
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