Sunday trade review NZDCAD long.
Afternoon traders.
Every Sunday I review the trades I am currently entered before markets open.
One lesson I have learnt over time is sometimes the best trade is the one you already in.
Here's one trade I am still currently in from the 11th of November on NZDCAD long. Trade status is running at a risk to reward ratio of 1: 3.63 before markets reopen.
The strategy I am using here on the H1 time frame has shown best results following the trend with a stop loss.
I'll hold this trade to next signal occurs as the 144 pips gained so far could well increase or if trend reverses I'd still expect to bank a good few pips of profit.
For more information on the strategy I am using please feel free to message me.
Every Sunday I review the trades I am currently entered before markets open.
One lesson I have learnt over time is sometimes the best trade is the one you already in.
Here's one trade I am still currently in from the 11th of November on NZDCAD long. Trade status is running at a risk to reward ratio of 1: 3.63 before markets reopen.
The strategy I am using here on the H1 time frame has shown best results following the trend with a stop loss.
I'll hold this trade to next signal occurs as the 144 pips gained so far could well increase or if trend reverses I'd still expect to bank a good few pips of profit.
For more information on the strategy I am using please feel free to message me.
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