GBPNZD SS Short + 194 Pip Potential
Updated
Price is below the Daily and 60 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position.
PB Entry = 2.0129
Stop =2.0154
Risk = 25 pips*
Profit target = 1.9963 ( The daily projected low )
Reward = 191 Pips
RRR = 7.64-1
BO Entry = 2.0073
Stop = 2.0098
Risk = 25 pips
Profit target = 1.9963 ( The daily projected low )
Reward = 110 PIps
RRR = 4.4 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
* I am using a slightly larger stop
** I apologize if I am a little slow responding to comments as I am conducting a training room.
2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position.
PB Entry = 2.0129
Stop =2.0154
Risk = 25 pips*
Profit target = 1.9963 ( The daily projected low )
Reward = 191 Pips
RRR = 7.64-1
BO Entry = 2.0073
Stop = 2.0098
Risk = 25 pips
Profit target = 1.9963 ( The daily projected low )
Reward = 110 PIps
RRR = 4.4 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
* I am using a slightly larger stop
** I apologize if I am a little slow responding to comments as I am conducting a training room.
Trade active
This Trade has been triggered and is now ActiveTrade active
This trade is now + 20 Pips. I am going to move my stop to flat.Once it is + 25, I will take 1/2 of my position off.
Trade closed manually
Trade closed flat. No harm no foul.Never die with a trade
Note
Note
Above is how we document trades. We also use a spreedsheet
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