NZD/USD Great place to enter a short position. LOW RISK !

Sorry if the chart is a little bit vague, please do not hesitate to ask any question you may have.
I believe during this week, we would heat target 2.
Please set your TP and SL for target one for now and I will update once we got closer.

Cheers,
Masih

Kommentera:

Please note that because of US bank holiday, the liquidity in the market is low and the reason for these long shadows/candles is that, I still think it would be a short trend however it might play a little bit and get close to our stop lost.
What I did for my own trade is that I increase my stop lost and setting an alarm to get notified if the trend changed.

Please always remember this, no matter how confident you are in your prediction, always enter with a logical risk level ! for me logical risk level is one that has less than 2% of my margin.

Cheers.

Handel aktiv:

With ending to the Closed US market and Opening the Sydney market, I believe that our trend is back and we will reach our target 2 by the end of the week.

Go short guys

Cheers,

Handel aktiv:

I am hopeful that we will hit target one in today's London's time.

Kommentera:

This rally that happened is because of Australia news, I think after NFP get outs, the trend going to be the same ... ( couple of minutes from now )

Kommentera:

Little bit more patience and I believe it is going to drop heavily !