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RobertSoos

USD/HUF - 295 next potential target

Long
U.S. Dollar / Hungarian Forint (OANDA:USDHUF)  
RobertSoos Updated   
OANDA:USDHUF   U.S. Dollar / Hungarian Forint
Trend Analysis Chart Patterns Fundamental Analysis USD carrytrade swingtrading HUF
1
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trendanalysis chartpattern fundamental usd carrytrade swingtrading huf
USD/HUF reversed like in the textbooks (XABCD) till 161.8 Fib.
The bullish trend still has rate differential support with Fed not being afraid to hike further despite Trump rhetoric.
Next level is 295 previous high.
Trade closed manually:
Closed this trade this position in loss, shameful trade management!
- the opening was not optimal -> didnt wait for clear buy signal
- position size was too large -> closed based on fear of PnL damage
- Could have closed twice in serious profit -> at least stop should be in zero
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