EURNZD - Double Bottom on Daily - Long

25 set 2016

Previously I have shorted this pair from 1.54231 to 1.52103. Made a U-Turn and went long out of the consolidation box @ 1.53115. It broke above an intermediate resistance, I would be adding more on a retrace. (Grey Box on chart)

25 set 2016

Nota

1st entry out of the consolidation box

26 set 2016

Trade attivo

Second position in @ 1.54532

27 set 2016

Trade chiuso manualmente

Closed all positions - 2nd position stopped out for 40 pips.
Net total : 52 pips

27 set 2016

Nota

Will re-enter upon bullish signal

29 set 2016

Trade attivo

Manually entered @ 1.53990 with a buy stop (2 positions)



Trading PLAN

Will add another position at the break and place a buy limit shown on the chart. You can confirm PA on lower TF.

Will move SL of 1st position @ b/e at the break.

5 ott 2016

Nota

Price now at 1.56208

10 ott 2016

Nota

Took profit of 1 position @ 1.56040 from 1.53990 (200 pips)
SL moved to 1.54263

11 ott 2016

Nota

TP 1 hit

12 ott 2016

Trade chiuso: obiettivo raggiunto

TP1

Positions @ entry
1.53990 closed @ 1.56040 (200 pips)
1.53990 closed @ 1.57558 (350 pips)