NZDJPY SHORT (Daily) #42

-Swing Low broken and retested.
-Rejection at the swing low/resistance.
-10, 20 EMA's acting as dynamic resistance.

-Entering at .50 of Rejection candle.


1:4 RR MINIMUM 1:6.4RR MAX.


* KEEP YOUR TRADING SIMPLE, WITH PROPER RISK MANAGEMENT.*

Trade chiuso: stop raggiunto:

This is why Risk Management is important.

Commento:

Looking back on this post, I can see in hindsight that the rejection candle I took was less probable than the following rejection candle. Always study your losers.

Trade chiuso: stop raggiunto:

Refer to #41
5%-1%= 4%