TRADE, NZDUSD, 1.3.2017

TRADE SUMMARY: market pushed higher, I was expecting the retrace to play the takeout of the stops. This trade was quick and I knew I was immediately wrong. I got out on the rebound. 

Pattern:

• SDZP

Good:

• Getting out on rebound

Bad:

• B type of position

To Improve:

• High correlation play, should be avoided

Result:

-0,5R

SCREENS:

H1