RiosTrades

USDHUF Bullish Runs for Exotics??

Long
OANDA:USDHUF   U.S. Dollar / Hungarian Forint
Earlier last week RiosTrades entered in a Small Short Run for this pair and got out due to potential reversal. This week we look at the market opening ourselves to where price can go (either side, look for reasons as to why price may go the other way). This upcoming week I believe the USD has been doubted for long and will commence in rising, these exotics all share high correlation with each other and in my findings I tend to see a lot of Exotics looking to push to the upside. With proper risk and money management, we can enter this pair and get stopped out and enter short after the next exhaustion if we really wanted to, all about RISK + REWARD. Stay in the Game.
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