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leharman
Oct 2, 2015 11:45 PM

NZDUSD Short

New Zealand Dollar/U.S. DollarFXCM

Description

Short

Comment

Happy to risk 50 pips on this trade.

Pretty confident it will work out this time. Did not go my way last time around.


Breakout of the trendline will confirm the trade and will move it to break-even.

Trade closed: stop reached

Stop loss hit.
Lessons learnt:
- not to overlook minute moves
- double tops do not work all the time
- divergence can turn in to convergence
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