FX:GBPNZD   Libra esterlina/Dólar neozelandés
5
This is just an update to my other GBPNZD. I usually never do this but I noticed an obvious mistake in my stop placement and moved it up. I noticed after it broke the orange trend line that the price may continue to rise. Then I realized that the price has been testing the 100ma and bouncing back off of it for this whole trend. Considering it was just a slight adjustment and the risk to reward was still potentially great on this trade I decided to break one of my own rules and move a stop or TP while the trade is on. The only time I usually do this is after the price hits the first TP I move my stop to the buy point. Was a struggle between doing what seems obviously right and breaking one of my rules.... I almost want to get stopped out now just to teach myself a lesson :)
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