BENC-FX

EURNZD POTENTIAL POSITION

Long
OANDA:EURNZD   Euro / New Zealand Dollar
1.73400 IS MY TARGET
This trade is a 1:40 trade which if you check my recent trades is more than possible. However, this is a much longer term trade which i am using a slightly different approach to the trade. Given the current economic climate i am buying all dips on the EURO. I see big potential for this trade but when using such small SL anything can happen and you may get stopped out in a matter of minutes. I will only be using 0.5% risk.
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.