AmarPearson

USDHKD// Adding Positions (Update)

Long
AmarPearson Updated   
FOREXCOM:USDHKD   U.S. Dollar / Hong Kong Dollar
Currently retesting a previous daily level after hitting the first area of interest.

Took profit on the way up to the first TP, and will be Laddering quite a few small positions as prices fall. Due to the spread, you wont be able to get great entries from here on out.

Trade with a reasonable stop. Keep into account the big spread. Given price melts down due to a DXY collapse, I will begin offloading slowly anywhere under 61% given a lack of rejection from the level (to the upside).

Prev. analysis linked.
Comment:
Comment:

These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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