As market close approaches I still find myself in an NZDUSD short trade.

We are using our POW reversal script for this strategy.

Trade details for current trade are shown on the chart.

We are working the 15M time frame on this strategy.

We're looking for the green line which is take profit target.

Little red arrow is entry point and purple line is stop loss.

Previous trades can be seen on chart one of which was covered in an idea this morning seen below

NZDUSD has just alerted 🔔📳


Since that trade we have had three more trades and two of those were once again in profit.

Stats shown in the report box at the foot of this idea show the performance of this pair for the week.

This is based on 1% risk per trade on a 10k trading capital and has seen 9.9% gains this week.

Have a play in that box you can select the tabs as the viewer of this idea and see all 21 trades for the week logged.

Lets see if the current trade left open can start next week of to a good start 👍

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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.

Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.

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Also, see my 'related ideas' below to see more just like this.

The stats for this pair are shown below too.

Thank you.
Darren
Chart PatternsdaytradingTechnical IndicatorsmechanicaltradingsystemNZDUSDtradeideatradestrategytradesystemtradingscripttradingtoolsTrend Analysis