New York Watchlist: Buying EURZD & Selling the DAX

OANDA:DE30EUR   Germany 30
Ok so the NEw York session is in full swing and I took EURNZD buy for this one... have a small profit already. Below are the details of the trade!

ENTRY 1.68910

TP 1.69465 with a chance of rising it to 1.69725.

SL 1.68560
Here we have a contraction leading to a support level , the support levels were tested x3 times in the last 24 hours or so and we are now breakout out of the trendline resistance.

The RR is not excellent, just 1.5 at the first TP which is the 100% of the pattern while if we get signs to target 120% then the RR becomes 2.25 which makes sense... either or the move can happen throughout the day.

While recording this I saw that the DAX completed its contraction which might be the right shoulder of a head and shoulders pattern!

Comment: LOCKED IN 50% of the positon. SL is 15 pips in profit right now. Im targetting 120% seen on 1H chart (left)
Trade closed manually: Ok so I just closed out EURNZD its near TP 1 but it helps me reach my session profit %! Just riding DAX Sell now!

We Make Real Day Traders, With Real Skills.

7 day test (full access) €9.99
Full Premium Access €49.00


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out