Quick update on the NZDUSD trade I covered the other day.
Trade is currently running at just over 1:4 risk reward and seeking to hit the TP target.
Touched on patience in that post when it comes to trade execution and this shows sitting on hands and letting trades play out is key! I've been in this trade a full week now!
We are not at desired target yet and we have NFP news this afternoon so lets see if we can find that TP target today.
Previous Idea covering this trade can be seen below.
As always trade entry details can be seen on the chart.
We are working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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