NZDUSD - My commentary made in 2nd March turned out nicely as it went short for almost 1:2 risk reward profit at the time of writing. Also, the green dotted lines you see are the lines which i have created to mark the 1:1 and 1:2 risk reward level. When the price moved to the 1:1 level, i have moved the stop-loss to the breakeven point, which i have implemented it as my trading style. - The setup which i have mentioned yesterday did not turned out as hoped. I did not enter for the trade though, as i personally limit and disciplined myself to two trades per week. As a reminder, not all price action setups work. We need to have some discretions like how many trades you wish to do in a week or month, so that you will avoid overtrading.
NZDUSD - My commentary made in 2nd March turned out nicely as it went short for almost 1:2 risk reward profit at the time of writing. Also, the green dotted lines you see are the lines which i have created to mark the 1:1 and 1:2 risk reward level. When the price moved to the 1:1 level, i have moved the stop-loss to the breakeven point, which i have implemented it as my trading style.
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