IN Nzd from 8125, still holding and will cont to hold, this afternoon saw a stophunt and squeeze on usd but only had to hold thru 60 pip drawdown in nzd, thats why choosing the pair, month end this week which is ripe time for stophunting for more month end profit. I am looking for 100 pips initially, and looking for mid term position to 7600-7700. Can put a stop above 8225 fro mid term positions. If not comfortable with that risk, once back past breakeven you can stop at breakeven ready to reenter on a move higher.
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
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Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
