YaKa

USDRUB - Wait - Short 69.50

Short
FOREXCOM:USDRUB   U.S. Dollar / Russian Ruble
3176 views
12
Too vertical so it will recede at some point.

69.50 could be good target for this. Target could be reached in a day or 2.

This is a rather dangerous trade in money management so small size.

Trade
Short 5% 69.50 stop 75 + reconvene if stopped.

Comments

Agree, any parabolic move like this cannot be sustained, and will at least correct if not collapse.
+1 Reply
Romanyse CosmicDust
Yes, I agree. I can see looking to the chart - bubble.
Reply
Same strategy failed on $jpy a few weeks back :/
Reply
LorenzoDecaria Trading_Accuracy
that's the risk when operating counter trend
Reply
My broker closed the USDRUB pair... I'm stopped out on my short too :)
Reply
UrbiGT kitnik
I have 500 pips of spread . HAhahha
Reply
Romanyse kitnik
many brokers trading is carried in closing mode only
Reply
YaKa Romanyse
Is there any active ETF?
Reply
no, CFD
Reply
isn't the USDRUB pair being removed?
Reply
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