Just an idea , trust your analysis. For now and the days to come , we are buying NZDUSD.
Position trading . Trade will take time to play out . Manage risk and take partial profits
Position trading. Long seeing bearish eurnzd . Manage risk, take partial profits along.
For position traders . Manage risk, take partial profits along .
Buy stop - 0.92021 Stop loss- 0.91821 Take profit-0.92621 Money management: after 1:1R (take profit 1) , move sl to break even .
Wait for pullback into 0.83400 . After , set buy stop order at 0.83789. Money management: target a 1:5R , but after a 1:1R/1st to, move sl to break even.
Entry -1.87854 Sl-1.88039 Tp-1.87239 Money management. Move sl to break even after 1:1R (tp1).
Sell stop order -1.03627 Stop loss-1.03957 MONEY MAGAMENT : tp1 1:1R or move to break even after 1:1R and tp2 1:2R ,tp3 1:3R.
AUDUSD REVERSAL Buy limit order-71.847 Stop loss-71.647 To-72.847 MONEY MANAGEMENT: Move sl to break even after a 1:1R,better to have a lot of break even trades than a lot of losses. Close trade at 1:5R
BUY STOP ORDER-91.532 SL-91.202 MONEY MANAGEMENT: move sl to break/tp1 after 1:1R,better to have a lot of break even trades than losses. NEVER LOSE MONEY! 1:2R TP2,1:3R TP3
BUY STOP ORDER-78.882 SL-78.552 TP1/BREAK EVEN PRICE (1:1R) MONEY MANAGEMENT: move sl to break/tp1 after 1:1r,better to have a lot of break even trades than losses. NEVER LOSE MONEY! 1:2R TP2,1:3R TP3
buy stop- 83.752 stop loss-83.422 tp1- 84.082 money management : after a 1:1R , move sl to breakeven or simply take some profit . better to have a lot of break even trades than losses,NEVER LOSE MONEY. tp2= 1:2R ,tp3=1:3R.
Still room for more stop hunting to go Long to 0.7000 quarter point . Monday , wouldn’t be a bad idea to see another move down to Thursday & Friday low before we trade long . On the technical aspect, an inverse head and shoulders pattern forming on daily. Buy limit -0.67270 Stop loss-0.67063 Take profit 0.7000