dewpoint
Short

Potential shorting play

FX:USDNOK   U.S. Dollar/Norwegian Krone
23 0 6
Using HA. Pair to keep on your radar and one to watch. Based on higher crude prices will have an effect on the USD/NOK             . I'm looking at entering shorts at the 8ema/21ema crossover. But it must stay below the 8.7 level to be valid. potential target at 8.0 level.
Trade active: That worked a treat. Took my first short entry at 8.5486, didn't get the opportunity to scale in at higher levels. This is the reason why at times you have to scale in your position, at least it offers some protection should it run away in the other direction, this time it's worked out just fine.
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