TAG-Strategy-Trading

NZD/USD - Trade #3

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
It's a clear ABC.
The certainty is really high
Risk-Reward-Ratio is also really good.
Comment:
My risk is 1%, and i'm pretty certain about this position. I don't want to risk more right now because my strategy tells me to be Tight - and my first priority is to protect my capital. If it goes as planned I will add on this position as we see profits. Good Luck my Friends and Traders.
Comment:
increased my risk to 1.5% because i think it's pretty certain and even if i lose on it i won't feel regret because the Expected Value is positive.
Trade active:
Great position.
Time to Reduce the risk to 0.5% (for me)
S/L @ 0.6960
Comment:
Target not reached yet and i felt angry when i saw that It missed it for 3pips but now i feel good because it looks like a new wave and we can extend our profit target!
Even if my SL get hit it's not a big deal I love using the market-money to make even more and now i feel more certain about this going even lower so.. Good Expected Value is always welcome!
Trade active:
Change in plans.. Putting the Profit target where it was before.
keeping the same S/L because we can still be in wave B.
Trade closed manually:
Closed with Profit of 2.5% (for me), Not a lot, but since it missed our target by a little bit we can't gamble and hope for the market to hit it and not just that we have a big even in 20min so if i keep my position it will be a gamble. It was a great trade.
Comment:

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