LazorSoon
Short

SGDJPY ranging?

OANDA:SGDJPY   SGD/JPY
Have observed SGDJPY for quite some time now. Seems to me that this pair is ranging + we are at a resistance zone . It might be a good idea to take a short trade here.
Trade active: Shall place a short position and see how it goes
Comment: In drawdown right now. -_-
I have my SL at 83.200.
Will hold until I get stopped out
Comment: You may shift to breakeven :)
Comment: We are now up 50+ pips!
You may close 1/2 position here!
Comment:
I have a feeling that SJ might spike up next 3 market days. Refer to my link.
Anyways, we are already in profit so it shouldnt affect us.
I will be looking for sells if it ever reached back ~82.700 again.
Comment: Just a small update, we are halfway there.

Personally I will still be holding my 50% of my positions.

Gratz to >100 pips!!!

Comments

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