NZDCAD - 4H - Riding the Trend

3 May 2016

NZDCAD has been slowly trending downwards this year. now once more we have a chance to hop on board. im looking for a sell at the 618 retracement of the most recent downmove - hope we can get up there. stops at least above the small swing. you can also go short now but i stay patient for better risk reward - or better targets.

4 May 2016

Not

nice pinbar in the entryarea for those of you who pay attention to it.
im short, and tho i could pull my stops above the pinbar. i will still wait abit more to see if we can get some followthrough to the downside. if so, i then will pull my stop above the pinbar.

6 May 2016

Not

will bring my stops above yesterdays highs now. nearly no risk left.

10 May 2016

Not

brought my stops to 8820 after yesterdays break of the lower trendlines. so already some small profits secured, now lets see if we can find some followthrough