EUR/NZD SELL IDEA

Hey tradomaniacs,

welcome to another free trading-setup.


EUR/NZD: Daytrade-Preparation


Market-Sell: 1,67300
Stop-Loss: 1,67600

Point of Risk-Reduction: 1,67050
Take-Profit: 1,66500

Stop-Loss: 30 pips
Risk: 0,5% - 1%

Risk-Reward: 2,50

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Peace and good trades
Irasor

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Trade attivo:

EUR/NZD: Execution with market-sell-order

Aggressive management as market is choppy!

Commento:

EUR/NZD: Adjusting stop-loss by 15 pips (+0,5% risk) up to 1,67750

Reason:

We currently see healthy pullbacks in stocks which are a bit volatile. As major support-zones are holding I expect more risk-on and so a falling EUR/NZD.

Buy-Volume in EUR/NZD is decreasing and I want to give the market more space for the volatility.

If trade makes no sense anymore due to more risk-off we will early exit.

This adjustment is just for the volatility!

Trade chiuso manualmente:

EUR/NZD: Early exit -11 pips (-0,33%)

I still expect EUR/NZD to fall but the high spread of this pair could eventually stop us out, which is why I rather close the trade and re-enter tomorrow if confirmed.