Gustav.Mejlvang
Long

Buying NZDUSD blind @.67670 for a quick run

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
91 4 5
Decent little area with fib-confluence
Order cancelled: Keeps getting bid at 67600 and therefore that level has to be the target. Reward is now too little in regards to the risk. Therefore, order has been cancelled
Even though i did not take the trade because of the low R, look how nicely it bounced to the target @ .67800.
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it is ready now
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Giving the correlation between NZDUSD and AUDUSD, I will only take this trade to avoid over-exposure.
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Gustav.Mejlvang Gustav.Mejlvang
I prefer the NZDUSD over AUDUSD..
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