NZDUSD
Price has retraced to the 0.685 resistance.
I have shorted the pair with take profit at swing low.
It is also good to note the weekly bar (if it closes as it is) will form a strong bullish pin bar at a key weekly level.
This will then contradict my short term bearish bias.
Either way, until price closes significantly above the 0.685 resistance, i am bearish !!
Stop loss above 0.685
Price has retraced to the 0.685 resistance.
I have shorted the pair with take profit at swing low.
It is also good to note the weekly bar (if it closes as it is) will form a strong bullish pin bar at a key weekly level.
This will then contradict my short term bearish bias.
Either way, until price closes significantly above the 0.685 resistance, i am bearish !!
Stop loss above 0.685
Trade closed: stop reached
Trade active:
Trade already at 1R.
I have just moved my stop loss to break even.
Its now a risk free trade.
I have just moved my stop loss to break even.
Its now a risk free trade.
Comment:
Trade active:
Trade now past 2R.
I have moved my stop loss to 1R.
I have moved my stop loss to 1R.
Trade active:
Trade now past 3R.
I have moved my stop loss to 2R
I have moved my stop loss to 2R
Comment:
Stop loss was hit when i was asleep.
Trade closed at 2R
Trade closed at 2R
Trade closed manually
Stop loss:0.687
Take profit: 0.669