Looking for a minor reversal to go with overall market weakness. Long 10 lots NZD.USD @6630 with a target of 6700 overnight before resumes downtrend. Will reverse if target hit or if it breaks support at 6590.
Stops moved to B/E, +15 pips. Rethinking this one...and seeing an ascending triangle on the 3hour...global USD strength and a bit too much risk for a mere 100pips.
bumped the t/p up to 106.10, in an attempt to avoid any support bounce @ 106. S/L remains at breakeven. We just closed up the hourly candle @ 12am PST and are at +39pips. Taking 1/2 off the table.
Closed a 1/4 out @ 106.3, 1/4 remaining. Sorry for bumping this thread so much on my one USD/CAD position! :\
Woke up and saw TP was hit for 70 pip profit and trade reversed. Trade now short 10 lots @ 6700, similar trade to Mon: S/L @ 6850, taget of support @6590.