GBPNZD Short Trade For 4.7-to-1 Reward!

By FollowMyForex
Updated
Hi guys, our FollowMyForex trend following system just gave a short signal on GBPNZD for a whopping 4.7-to-1 reward to risk ratio. We will be taking half off at the first target as marked on the chart and ride out the rest of the position to the second target.

Remember to never risk more than you can lose, even if the potential profits look very enticing. It's not the single particular trade that matters, but your consistency in following the system over time.

Good luck, updates to follow.
Trade closed: target reached
First target reached quickly, 50% profits in the bank :)
Trade closed: stop reached
Last half stopped out, so we close this trade as a break-even trade. Capital preserved, onto the next opportunity!
GBPNZDprofitsriskrewardswingtradingtrendTrend Analysistrendfollowingtrendstrategy
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