Hi, I'm still stuck in a GBP/NZD long started Thursday by Smart Scalper which has since plumeted from about 1.9585 to 1.9445 so in big drawdown. My fault as I turned off the EA and didn't get out when it closed. I'm pretty new to trading and writing here to ask for advise from anyone who understands the charts and can indicate whether there is potential for it to go back up or is it is still looking like it will keep going lower. I just don't know whether the draw down is going to continue to get much bigger or whether there is some hope if I hold on to the trade. Anyone understand the charts to give their opinion appreciated please.
No announcement yet.
Help stuck in a GBP/NZD trade