NZDUSD long currently running at over 1:4 risk reward
Quick update on the NZDUSD trade I covered the other day.
Trade is currently running at just over 1:4 risk reward and seeking to hit the TP target.
Touched on patience in that post when it comes to trade execution and this shows sitting on hands and letting trades play out is key! I've been in this trade a full week now!
We are not at desired target yet and we have NFP news this afternoon so lets see if we can find that TP target today.
Previous Idea covering this trade can be seen below.
As always trade entry details can be seen on the chart.
We are working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Trade is currently running at just over 1:4 risk reward and seeking to hit the TP target.
Touched on patience in that post when it comes to trade execution and this shows sitting on hands and letting trades play out is key! I've been in this trade a full week now!
We are not at desired target yet and we have NFP news this afternoon so lets see if we can find that TP target today.
Previous Idea covering this trade can be seen below.
As always trade entry details can be seen on the chart.
We are working the H1 time frame on this strategy.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Trade closed: target reached
