Hi Navk ,to me in todays condition the trade is risky ,overall your find yourself in trouble over time ,eur nzd I haven't looked ,
its actually easier to trade with movement ,
its actually easier to trade with movement ,
Disliked{quote} You said taking a trade like this extremely risky, I feel other way. If you notice all the PA it will be like this. One day extremely over sold, next day retracement 23 to 38 %. Then it will to test previous day low and even it breaks it, But still safe to go long. See for instance what happened with EURNZD. Yesterday and today PA. Yesterday the pair moved up by 170 pips. The ADR IS 90 pips. Today the range is just 60 pips. {image}Ignored
#doyourownanalysisordietryin