minthooka

AUD/NZD Short to 108.00

Short
minthooka Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Hi boys! I'm putting a sell order at 1.1030. My positions are shown and the chart is pretty self explanatory. Constructive criticism always welcome! Thank you :)
Comment:
Donations always help :) BTC address: 1NRe8YKANkcntHM8fUmhAt3fkuScATayeB Eth: 0x4545589DBB98B83c8A0F48F580295aa50397823c
Trade closed: target reached:
I just closed TP2 manually No need to get greedy for another 30 pips. We have already made a substantial amount of pips on both positions. Although I believe it will still hit the 108.00 goal, it started developing higher highs on the 15 min time frame so I closed with big profit regardless
Comment:
Just for education purposes, I just want to say that sometimes there is no need to be greedy. We were very close to the second TP, but I said to close because I saw higher highs on the smaller time frames. I'm a strong beliver in "set and forget" Stick to your trade and let your SL or TP hit. This is one of the rare instances where there was no reason to be greedy for 30 pips. I closed right at the bottom and boom it shoots up. :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.