Last night, NZDJPY currency pair for the Forex market is now a free trade! Our stop value is 18 pips above our entry value.
Since we now have a free trade, our money management mindset is switching “gears” to PRESERVE our profits. We definitely don’t want to give our profits back to anyone.
Here is the chart today:
For EDUCATIONAL USE. Commodity Futures Trading Commission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provide d on the Blog is for educational purpose .