:::: 01.09.2008 11.33 GMT Short NZDUSD @ 0.6975::::
gt;gt;gt; Trailing stop currently @ -1 pip. Lt;lt;lt;
you'll be able to find my price projection for NZD/USD in the graph attached.
Trade would be a winner for sure now. Let it run, trailing stop would closed my position since I'm constantly bull for the dollar and the now move of Crude and Gold affirm me that the dollar still strong for the moment. I want to see the pink rectangle behaving like a resistance.
Would see tomorrow, Good night!
gt;gt;gt; Trailing stop currently @ 53 pips ( 3:1 R/R ratio ) lt;lt;lt;
NZDUSD have clearly moved as expected, the pink rectangle have acted as a resistance.
gt;gt;gt; Trailing stop currently 63 pips lt;lt;lt;
We arrive in the target zone of my price projection. I'll watch at price action within this zone and may close my commerce manually otherwise my trailing stop still here.
\\\\ 02.09.2008 08:48 GMT NZDUSD Closed @ 4,2:1 R/R Ratio ( 76 pips ) ////
( 76 pips = (18 134)/Two )
No commerce since Monday, as the dollar have continued to move up without retracement and as I've missed an other trade on NZDUSD through the night ( we must sleep lol... Never worry about that! Tons of commerce wait us...)
Nowadays, dollar appear to discover a heavy support on Crude and Oil, so USD pairs made small retracements and these means that we have to have great opportunities to exchange at the next times ...
Yet I will trade with caution in the next 2 days as it have lots of very significant news events. For information, I will look to long USD ( naturally ) and see closely in USDCAD, GBPUSD and NZDUSD chances mostly!
Missed the trade on NZDUSD at the finish of the 1H candle closed at 15:00, since the opportunity to calculate my position for risk my fixed 5 percent the price is going and I finally can't enter in the trade since the price do not return into my order.
It occur me quite often and I hate that, so if you have an idea to advise me, do not hesitate!!!!!!!!!!!!!!!!!!!!!
Oooo 04.09.2008 19:11 GMT TP hit @ 1:1 R/R ratio ( 35 pips ) ooooo
Free trade today with Trailing stop of -70 pips