NZDUSD - Breakout in sight

Feb 25, 2016

if we break the current consolidation we can expect the market to go up for the next month or even longer.
i will also look to trade lower timeframes but i also will have this long term position

Feb 26, 2016

Trade active

Mar 1, 2016

Note

gettin close to my stops. the rest of the way to my stops i will be looking for a hedge, if we go lower from here.
since we broke the orange triangle and are now consolidating below it, i will be looking to sell if we break consolidation to the downside. that way i will hopefully profit from the fact that im gettin stopped out on the big position and can hopefully make up my loss.

Mar 1, 2016

Trade active

short hedge active.
this will be my rouhg target setup for the moment anyway.