NZDJPY

NZDJPY has been in a bearish trend 9-14-2017. Since than all commodities prices has continue to fall. Also, I expect Gold, Oil, Cooper and Silver continue to drop. NZD is a stronger currency and i expect NZD to reverse in the first Q1 of 2018. I normally risk 1.5% of my account but since im anticipating the move. i will only risk 0.75% per position in case my SL gets trigger.

First Position
Sell NZDJPY
Entry 77.6
SL 78.2 60 pips
First TP 1.761 150 PIPS
Second TP 1.7525 245 PIPS

Second Position
Sell NZDJPY
Entry 78.2
SL 78.9 80 PIPS
First TP 76.125 207 PIPS
Second TP 1.75245 295 PIPS