Trade 7: Long EURNZD
Updated
Reasoning
Trade Levels
Entry: Buy at 1.5850 - Target 1: 1.5993 - Target 2: 1.6150 SL: 1.5778- Avg. RR = 3
This Trade will have Risk of capital of 1.5%
Stats before this trade
Number of trades: 6
Winning Trades : 2 Losing Trades: 3 Breakeven= 1
Net return: +1.6
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
- Bullish breakout above falling wedge
- Breakout in the direction of the main daily trend
- Bullish engulfing candle on the daily chart
- Stochastic near oversold on the daily
Trade Levels
Entry: Buy at 1.5850 - Target 1: 1.5993 - Target 2: 1.6150 SL: 1.5778- Avg. RR = 3
This Trade will have Risk of capital of 1.5%
Stats before this trade
Number of trades: 6
Winning Trades : 2 Losing Trades: 3 Breakeven= 1
Net return: +1.6
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Trade closed: stop reached
Profit= -1.5%Net return after trade: +0.1%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.