Thursday 24 January 2013

23/01/2013 EUR/NZD long (profit)

Another profitable trade. Long trade on EUR/NZD H4 time frame. The entry chart below explains, stop, entry, target, and reason for entry. Risk was 0.5%, aiming for 2:1 RR. Click chart to enlarge.





Here is the exit chart. Was almost stopped out. Survived by a few pips but in the end price went back up and hit my target of 2:1 for a nice bit of profit.


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