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Open Trade: Long NZDJPY

by Gav Leave a Comment

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)

nzdjpy_h4_sdt

Filed Under: Trading Journal Tagged With: FX, NZDJPY, SDT, Trading Journal

Reader Interactions

Comments

  1. Jay says

    January 26, 2009 at 1:14 pm

    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?)

    Reply
  2. Jay says

    January 27, 2009 at 12:14 am

    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?)

    Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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