September 19, 2019 NZDCHF short positions. Realized profit: 4,0%
After a four week consolidation period, the trend continues after a clean breakout rejecting key support & resistance at 0,64 and the daily 50 EMA. This is where our 2nd strategy kicked in and banked as a nice 2% in profit. Fast forward 5 days and price is now breaking a rising channel to the downside with momentum. Get ready for strategy 3 to kick in and present an entry.
After the break-out with momentum all our strategy prerequisites and bespoke indicators were giving us the green light that this trend would now continue. The trade ticked off a clean 90% score on our ‘pre-flight’ checklist.
Two clean trades managed as hybrids, meaning quick 1:1s with 50% of both positions still running risk free. Let's see how far this setup takes us!
Just after our 2nd position hit its first profit target, the market started to pull back and took us out of both trader for a total of 4% in profit.
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