Norsefx

USD/NOK End of trend round 5.

Short
Norsefx Updated   
OANDA:USDNOK   USD/NOK
USD/NOK

Price have traded outside of the current channel and fell back inside printing a potential blow off top.

Have re-entered 1/3 size on this setup too.
I dont like opening a fresh trade friday afternoon and holding over the weekend.
Comment:
Rolled SL to breakeven.
Comment:
Limit short order out
@10.55
SL 10.70
TP 10.00 ( lower daily channel target )

IF filled, then my position will be 2/3 of full risk
Comment:
Moved pending to 10.5428 ( 61.8% fib of recent leg )
Will move pending order every day if needed.
Trade active:
Filled
Comment:
Stop hit on position 2.
SL on positon 1 is 10.80
Comment:
Price is now on 61.8% of recent 4H leg down.
NFP tomorrow, so i dont retake position 2 before the event.

Price will give a new entry next week if the thesis is correct.
Trade closed: stop reached:
I was the top tick on this SL
Comment:
Still monitoring the pair.
Since it will set up nicely again.

Waited for this trade for month, and having this outcome can be tough, but again, i dont complain much when i get a top tick fill on my fib plays that goes to TP painfree in less time than normal.

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