BernhardAnalytics
Short

short set up for EURNOK

FX:EURNOK   Euro Fx/Norwegian Krone
118 9 10
Trade active: short entry got kicked in.
Comment: My friend Ivan says this is a long term long, I am not trading this pair yet. but I think it is a short as short term, if you are in short, just set stop loss below your entry price, so you wont lose anyway.
I really wouldn't short an uptrend...these patterns always have you do that.
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but it did play our, no?
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IvanLabrie PRO BernhardAnalytics
It dropped just a bit...compare the drop to the stop loss distance, and it will probably go back up.
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Stubbon Ivan.
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IvanLabrie PRO BernhardAnalytics
I trade what I see with my methods...and I won't ever take a trade I don't have a reason for.
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@IvanLabrie, checking again, it was a short, and it hit my target.
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IvanLabrie PRO BernhardAnalytics
@BernhardAnalytics, yeah! This was ages ago though :p
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@IvanLabrie, yes. but still, I said you were stubborn
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IvanLabrie PRO BernhardAnalytics
@BernhardAnalytics, funny you bring it up now...and yes, I'm always stubborn because I follow my method. I don't trade these forex crosses now, almost never.

I am only trading EURUSD, AUDUSD, USDJPY, GBPUSD, GBPJPY at times, depends on the situation at hand.

NOKUSD and EURUSD move quite similarly lately, makes it hard to trade EURNOK.
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