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cyanfrog
Oct 14, 2016 8:30 AM

NZDUSD price action long Long

New Zealand Dollar/U.S. DollarFXCM

Description

Clear potential for longs here. We got nice fibo levels, outsidebar, MA150 which proved to be effective in May, trendline and nice support zone(also harmonics signal which I ignore but anyways, it's a fun addition). There are also few trouble areas to keep in mind(light blue boxes). Initial SL right under outside bar low - to be adjusted in the future.

Comment

S1 reached. Closed half of my position and moved SL to break even.

Comment

Trailing stop added 0.7117

Comment

Stop moved to 0.718

Trade closed: stop reached

Trade closed manually

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