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Thread: NZD USD daily signal 9/30

  1. #1
    kon
    kon is offline Junior Member
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    Default NZD USD daily signal 9/30

    Hello All,

    I saw a daily signal at 5 EST on 9/30. The green candle was engulfing, so I took a long trade. Still I had a bad feeling about the trade. The trend was going upwards, but there wasn't a significant pull back. Sure enough it has just about hit the stop loss.

    Did anyone else take or pass on this trade, and for what reason?

    Thanks.

    Kon

  2. #2
    markyboy is offline Senior Member
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    Default

    Marc explained why it was not a good trade to take in his new forum....

  3. #3
    kon
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    Alx, The trend was up so I went long. I thought it would be OK since the signal was on Wednesday but the NFP isn't until Friday. But that make sense, since we are looking for a few days of movement. Thanks.

  4. #4
    KiwiForex's Avatar
    KiwiForex is offline Senior Member
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    I took the trade too and lost! Only on demo, and all a big learning curve....!! And I live ine NZ

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