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AUD/NZD, DAY CHART, SHORT (27-NOV-2016)
Australian Dollar / New Zealand Dollar
Short
AUD/NZD, DAY CHART, SHORT (27-NOV-2016)
By YongLiang
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Updated
Nov 29, 2016
4
Cheer
Cheer
Nov 27, 2016
AUD/NZD is trading in a range between the resistance and support zone indicated.
In recent time, it is trading within the downward channel.
The price rally up near to the upper side of the downward trend line.
Wait for bearish signals to short this pair.
You can earn little convenience interest by holding this pair for longer time.
If the bullish trend continues, don't bother to entry as the risk/reward ratio is not so nice.
Trade safely with proper risk management skill.
Nov 29, 2016
Trade active
The price follows our plan. Now is the executing time.
EP: 1.05148
SL: 1.06529
TP: 1.03720
Trade safely with right risk management :)
Nov 30, 2016
Trade active
The price is moving down.
Decided to move SL to 1.05148 as Break Even Point.
Now it is our risk-free trade :)
Nov 30, 2016
Trade active
Now, we move the SL to become Trailing SL at 1.04732.
With that, we secured a profit of 41 pips.
AUDNZD
audnzdsell
audnzdshort
audnzdsignal
Daily Charts
dailyforecast
dailysignal
Good Risk/Reward
priceaction
swingtrading
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