SDS New Signal 29th, April 2013

Shark’s Daily Signal

NZDUSD long

Price has pulled back in to the trading zone (yellow area). Wait for stochastic to roll over before entering the trade. You can also wait for break of reversal candle (RC). Trade long from the swing low. Place stop loss below the 50.0 fibonacci level (>35 pips). TP at 0.8550 big number.

NZDUSD-20130429

Here the trade result. Price hit TP at 0.8550. +45 pips profit if entered at RC break.

2013-04-29-NZDUSD-2

4,405 thoughts on “SDS New Signal 29th, April 2013

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