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TimStuyts
Oct 20, 2016 12:23 PM

NZDUSD update and a lot of profit 

New Zealand Dollar/U.S. DollarFXCM

Description

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:
Comments
tomj2417
lovely jubbly. Nice trade. Thanks for posting.
Niverto
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