USDZAR Swap Sell Long-Term Trade Idea
Overnight swaps short-selling USDZAR for most brokers run 6%-15% today and the weekend quote is 14.34, down from an all time high February 2016 at 16.16. Today is May 4th 2018.
High probability trade with limited risk.
Take profit target 11-13 while cycling partial-positions for profit targeting 13-14.
Economics fundamentals are a large factor for this trade idea.
High probability trade with limited risk.
Take profit target 11-13 while cycling partial-positions for profit targeting 13-14.
Economics fundamentals are a large factor for this trade idea.
Trade closed manually:
July 24th, from May 4th
Close sell-USDZAR
Quote 13.87 from 14.34 for a 3% difference, plus overnight interest for more than 2 months.
Close sell-USDZAR
Quote 13.87 from 14.34 for a 3% difference, plus overnight interest for more than 2 months.