Sold NZD/USD @ .7025 on 1/9/2017

10 Hours ago I entered a buy position (at .6973) because although the symbol is in a massive down trend, it appeared to need to reach upper trend line before getting back on track (down). I didn’t expect it to take profit so quick. But it did. Now it’s time┬áto descend.

The question is just back to recent support level and stay in sideways channel or is it heading in the direction it’s meant to go (further)?

Only time will tell I guess. I have a pretty tight stop lost in case I’m wrong.


Quick (or Not) Sell Position by jameseo on

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My Trade of the Week

Quick (or Not) Sell Position by jameseo on