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microfx
Jun 17, 2021 6:28 AM

LOOKING TO SELL NZDUSD Short

New Zealand Dollar/U.S. DollarFXCM

Description

SWING TRADING JOURNAL

I'm bearish for NZDUSD but I need a little pullback first

So, this is my plan

I will;
SELL NZDUSD somewhere at Green Box (try to sell as high as possible)
SL ABOVE Red Line
Final TP at Blue Box

Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bearish structure still valid
6. etc

No Profit Guarantee, Good Luck!
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