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Gustav.Mejlvang
12 mai 2016 20:22

Buying NZDUSD blind @.67670 for a quick run Long

New Zealand Dollar/U.S. DollarFXCM

Description

Decent little area with fib-confluence

Ordre annulé

Keeps getting bid at 67600 and therefore that level has to be the target. Reward is now too little in regards to the risk. Therefore, order has been cancelled
Commentaires
Gustav.Mejlvang
Even though i did not take the trade because of the low R, look how nicely it bounced to the target @ .67800.
Red_Carpet
it is ready now
Gustav.Mejlvang
Giving the correlation between NZDUSD and AUDUSD, I will only take this trade to avoid over-exposure.
Gustav.Mejlvang
I prefer the NZDUSD over AUDUSD..
Plus