Short - EURNZD

17 ก.พ. 2018

TRADE #8

I waited for the price to come to 61% but it never came stayed in the 50%.
Price just broke the flag formation and is heading down.
I am selling on the market when the market opens on Monday and will decide where to put my stop loss.

First target could be 1.66887
Second 1.65600
Third 1.62500

Reason for the trade
1) 50% retracement
2) seems to be trending downwards now

19 ก.พ. 2018

การซื้อขายยังคงดำเนินอยู่

Opened manually. at 1.67906
I believe that there will be a pull back to 1.68400 +- and then go back down again.
If not prices will meet my stop loss at 1.68096 and 1.68773.
Sell limit order at 1.68400 as well.

20 ก.พ. 2018

การซื้อขายยังคงดำเนินอยู่

So far so good.
75pips in one
and 25 pips in the other trade.
I think we can go further.

26 ก.พ. 2018

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

Unfortunately I got stop loss.
All good. Move on.
Open - 1.67096 - Stop loss - 1.68773 - and prices went to 1.69128
Open - 1.68400 - Stop Loss - 1.68900 - prices went to 1.68128

It was a good exercise.
I kept my stops in place and didn't cry to see a profitable trade hitting stop loss.