Hey traders, here's a NZDJPY cross trade. I like the price action off of the short term moving averages. Lots of support between entry and SL. Targets are big, with a nice R/R. B/E @ 1:1. Cheers
Trade active
Comment
Moving stop to 1:1. Nice strength in the New Zealand dollar after the employment numbers were announced. We're sitting at about 2:1 Reward/Risk with 34 pips profit. Letting her run... Cheers!
Trade closed manually
Lack of follow through on the kiwi after positive news. Closed at breakeven. Cheers
Comment
This should say, "Closed @ 1:1". Made a modest 17 pips on this one.
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