NZDUSD 4H SMA TRADES

5 Tem 2018Pair is at the bottom above the 50 sma

Price can move up to the 100 sma
Long trade
Buy Stop @ .6800
Long Take Profit @ .6858
You place SL

Price can break below 50 sma
Short trade
Sell Stop @ .6773
Sell Take Profit @ .6691
You place SL

6 Tem 2018

Yorum

Looks like price is headed towards the 100 sma.
Price went about half way and returned to 50 sma and then went up

6 Tem 2018

Yorum

You can keep the opriginal TP or adjust it to the current location of the 100 sma.

6 Tem 2018

Yorum

I closed out.
Don't want to risk the gap on Sunday open.