This is a relatively long term trade. The trick of this trade is to enter the trade in 3 portions, i.e, divide my risk into 3 parts, and establish the positions in different time as long as the set up holds.
So, LONG NZDJPY. (Click to view full chart)
I know we trade on different time frames, with different methods, but I’m glad to see you come over to the dark side…even if I’m only imagining that you are. But one thing: Where are your potential entries and stops? (You usually trade with stops, right?)
I know we trade on different time frames, with different methods, but I’m glad to see you come over to the dark side…even if I’m only imagining that you are. But one thing: Where are your potential entries and stops? (You usually trade with stops, right?)