New trade NZD/USD

Hello Guyz,
Just Now opened Long on NZD/USD . NZD is extremely bullish trend so its better to go long on NZD ( Trend is friend ) Buy @.6584 and TOP is yesterday’s LOw @.6530 . and Target you can keep same distance of PIPS as taken in STop loss 50 Pips around .

Its very simple follow the trend don’t CHASE the market daily .

Of course it is!

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:smile: :smile: :smile:

May not be as simple as you think. Price has the potential to retrace to 0.6500 so you might need a wider stop. Enter in a retracement rather than a breakout from a high.

Be aware of two resistance regions at 0.6640 and 0.6701.

Also be aware that I could be absolutely wrong in my analysis. :slight_smile:

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Hello bud , Its all about closeness of our probability of success yesterday i got Stop loss hit but as i know it was wild swing again took position @.6550 and closed today @.6585 . as primary trend is still bullish we can go long as long as trend is not broke on @.6545