Price Action Reversal System - Live trades with myfxbook verification

NZDUSD short


When price reaches 0.7050, a management decision is to be made.

  1. Take partials, hold for full profit on remaining position do NOT adjust SL.

  2. Set SL to Breakeven and hold for full profit; risk on position is now zero, but you are vulnerable to a whipsaw.

MM

NZDUSD now - Partial profits taken, holding partial for rest with SL set to BE.


Stalking GBPAUD: Like a predator stalking prey; we don’t jump at every opportunity, only the ones with a High Probability of payoff.

Lets see if this one turns into a High Probability Setup.