See chart of GBPNZD below for the discussion that follows.
GBPNZD is currently sitting at a support area which has been tested a couple of times. I will be looking to go long if I can see price move a bit further into support and get confirmation in terms of candles.
EURCHF (last week’s post) did move higher nicely. My entry never got triggered as I placed a limit order which was missed by a hair. This happens all the time and it’s something we as traders have to make peace with.
Remember to always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Honor those stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Thanks and Regards,
Trading SOS SOS