1-hr chart
EMA Strategy: GBPNZD
Long
Trade Entered @ 12:00 AM Monday 24/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as support -
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern
5. Long Lower Shadow, Short Upper Body
Risk
- Christmas Eve, so charts might behave funky
EMA Strategy: GBPNZD
Long
Trade Entered @ 12:00 AM Monday 24/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as support -
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern
5. Long Lower Shadow, Short Upper Body
Risk
- Christmas Eve, so charts might behave funky
Comentarios:
Take Partial profits once Trade is 20 pips in profit and move SL to breakeven
Comentarios:
TP 1 & 2 hit.
Trade successful.
Trade successful.
TP 2: 1.88950