So I'm just marking up really clear and obvious levels of support and resistance starting on daily charts. NZDUSD looking really obvious to me with a slight descending trend line and a couple of horizontal resistance lines.
I've marked up a trade that I've placed with my broker waiting to see if the levels get tested again.
I've marked up a trade that I've placed with my broker waiting to see if the levels get tested again.
Trade active:
This has now triggered for me and at the time of updating is 30 pips to the good. Not far enough yet to start thinking about managing stops as it's a longer term trade. So nothing to do
Trade active:
Trade continues to run in favourable direction. Still no trade management yet to do.
Trade active:
First target has been reached this morning. I've not moved stop in to entry and will trail this trade.