For transparency, I have a small position long in the NZDUSD (.5) with a TP at .73134 (just 9pips). Not looking amazing at the moment, and again, the Asian session may be a little lacklustre or coming into overhead resistance. Let's see how we play out. I may just take a small loss which is 0.002% loss (well nothing like keeping my losses small when I feel I have made a wrong decision!). I don't usually take a full 1% loss on anything, usually try and only lose 0.5% where possible to preserve capital until I become way more confident!
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Forex can only be understood backwards, but it must be traded forwards.
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Forex can only be understood backwards, but it must be traded forwards.
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Forex can only be understood backwards, but it must be traded forwards.
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Forex can only be understood backwards, but it must be traded forwards.
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Forex can only be understood backwards, but it must be traded forwards.
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Forex can only be understood backwards, but it must be traded forwards.
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