Mutondi
做多

NZDUSD-"better to fail in originality & not succeed in imitation

OANDA:NZDUSD   纽元/美元
Hope everyone has had a great year of trading.

I know I haven't posted here in a while but i'm going back to making a habit of it.

Lets take a breather from GBPUSD             and attempt this simple cyclical trade.

An easy 100 pips is up for grabs should price come to our entry point.

Although not entirely recommended, aggressive opportunities exist on the way down, if you can manage the drawdown whilst being true to your own risk management rules then position yourself as price moves down. I know I will :)

The year is over but that doesn't mean risk management falls out of the window. Stay Safe and Good Luck!!! Forex is Risky afterall.



评论: 80 Pips in profit. I have reduced half my position and gonna let the rest run to TP
评论: Stop at breakeven on open position , i'm paying attention to this approach price action for a bounce at 0.6890. Ill update if I end up taking the sell
Looks good so far :)
Thanks for sharing!
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Mutondi euromark
@euromark, I hope you participated
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euromark Mutondi
@Mutondi, Yes I did, however my TP target was a bit lower, 0.6976. Do you still think this may reach your target before weekend? Cheers
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Mutondi euromark
@euromark,Im glad you did :) Looks like it will still go up before the weekend but I took most of my trade at 80pips cz I figured today is still trap day afterall.
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