TimStuyts

NZDUSD update and a lot of profit

FX:NZDUSD   Dollar Néo-Zélandais / Dollar Américain
13
This trade is an absolute winner with three positions in a nice profit. I have said it before pips are for marketing purposes. Risk/reward is for traders. Based on my current stop loss:
risk reward for position 1 = 8.5/1
risk reward for position 2 = 5.8/1
risk reward for position 3 = 5.9/1

if we extend higher I will adjust stop loss to an even better risk reward ratio
We can all do the math. Swap is in our favor as well. Keep it simple guys!

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