NZD moves higher in the US session as traders go long above yesterday's high.   The Kiwi set up nicely making a series of higher lows.  We are willing to accept a 2:1 Reward to Risk to our Target 2 once the US session begins.  We look for a 3:1 or better R/R during the early UK part of the session... before the US traders are active. Once the US session is underway this becomes a 2:1 R/R because we only have 4 hours left.



It is never a good idea to be greedy in trading and we exit at our Target 2 level.

Good luck with your trading and always be very selective in choosing your setups.

Back tomorrow if we find a trade.

Michael  www.privateforexcoaching.com




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