I said this was one for the swing traders 👌🎯
This is a quick update for a trade idea I shared two weeks back.
I did say it was going to be one for the swing traders and the trade has hit profit target 17 days later.
The pair in question is a NZDUSD working the H4 time frame. Strategy is a 1:5 RR ratio.
This kind of trade epitomises the importance of sticking to the plan.
Good profit was on the table a numerous points. Slight retraces occurred but it's crucial to stick to your strategy.
A back test of 34 trade samples over three years tells me this strategy is profitable. I simply let probability play out combined with patience.
That very trade history can be seen below this trade idea too for full transparency.
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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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Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
I did say it was going to be one for the swing traders and the trade has hit profit target 17 days later.
The pair in question is a NZDUSD working the H4 time frame. Strategy is a 1:5 RR ratio.
This kind of trade epitomises the importance of sticking to the plan.
Good profit was on the table a numerous points. Slight retraces occurred but it's crucial to stick to your strategy.
A back test of 34 trade samples over three years tells me this strategy is profitable. I simply let probability play out combined with patience.
That very trade history can be seen below this trade idea too for full transparency.
------------------------------------------
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.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
More Info here:
link.team-pow.com/1gN7L3
link.team-pow.com/1gN7L3
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