FX:EURSEK   Euro / Swedish Krona
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3
Good morning traders,

I´m attempting an small long on EURSEK . Be careful with the size of this position because this pair is highly volatile .

From a fundamental stand point, yield diferentials between Euro vs Sek support this trend.

Technically the move above 200 MA , and upside breakout of the triangle favours a bullish scenario.

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles
Trade active: Trailed stop to break even, no risk
Trade active: Trailed stop to 8.3985 and locked profits
Trade closed manually: The pair retraced significantly today which is a sign of possible reversal, I´m happy to close manually at 9.48

Comments

This is one heck of a setup.
Reply
Realisto_FX IvanLabrie
Yep, thank you
+1 Reply
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