AUD/NZD Long - 16 Aug 2021 | Hybrid Move Result: -1.00%
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Hey Traders,
Let's do a few trade recaps from the calls made here.
These educational posts about our type of analysis together with our 1:3 fixed risk to reward makes mechanical trading extremely interesting. The first trade was of course entered based on our script entry indicator within our daily and higher-timeframe demand area. When price was located within our zones, it was just a matter of time to get an entry and play this long bias with an edge. The outcome of this setups was a -1.00% loss, price jumped higher but choppy price action followed.
It's all about executing your edge, mechanical rules and deeply tested management.