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RobertSoos
Aug 23, 2018 8:00 AM

USD/HUF - 295 next potential target Long

USD/HUFOANDA

Description

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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