jueves, 2 de marzo de 2017

Short NZDUSD +15 pips

I have been looking for NZDUSD to reach for 0.7125 Daily +OB, but it had failed to do so, so I was looking for it one more time.

As I've been doing lately, I look at the price past midnight and see where we open, where we could go and then go the opposite way. I set my sell limit order at 0.7170 and went to sleep.



When I woke up, NZDUSD had moved to 0.7154 which was an old equal low, even though I expected it to move lower, it had previously failed so I decided to take half of my position off here for 12 pips after it gave back a few pips at this area.



I was afraid that dollar would fill in what I thought was a H1 void as it was breaking below the OB, so I trailed my stop to break even.


Price went back up and ended up taking me out for a 3 pip profit.


I think I moved the stop tight very fast, but also 0.7125 was never reached, and Kiwi gave most of the trade back.

Overall: +15 pips that taste like too few.

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