MrRenev

USDSEK bounce imminent: high probability, RR of 2.

Long
MrRenev Updated   
FX:USDSEK   U.S. Dollar / Swedish Krona
It is all in the chart :)

From experience & instinct there is a high probability USDSEK is going to bounce now.

Bullish divergence is my condition to enter a trade and it is filled.

I will update this idea as this pair moves.

I do not know what the perfect way to scale in is. I do not own a quantum fund.
My scaling is small large medium (example: 0.2 lot 1 lot 0.5 lot), I do not know if this is the best, but this is how I like it. I do not want to go big too high in case I got stopped, just enough to not miss out if it bounces early, and not too low or I will miss all winners and only get filled big on losers.
Comment:
Now is the time , right at the end of the US and start of the Sidney session, where market makers try scamming people with their hilarous spreads.
Going to have to wait and hope it drops lower. Nothing else we can do.
Comment:
Every day at this hour it's the same BS crap.
GL scalping this.

Well, I guess it is time for a 1 hour break...
Trade active:
Finally got filled. Spread went down with Tokyo session. GG
Comment:
Bull break of bearish trendline, next has to beat 9.04940 and go above the 15 min moving averages.

Maybe during london session this picks up some steam.


Going to bed, as I am not interested in these small moves.

I am in for the LONG RUN. AT LEAST 4-5 hours.
Trade closed manually:
Took profit.
Will stay in the trade as long as we remain in an uptrend above this trendline and these MA's:

Trade closed: target reached:
I DO NOT KNOW WHAT THIS INSANE GIGANTIC PUMP IS BUT I AM OUT GG EASY


aYYY LMAO GOOD THING i MOVED MY BUTT FAST

Comment:
Using limit orders works too I guess idk why I don't just do that XD
Comment:
Why is it still going so much?

Who the hell is buying? Institutions getting stop lossed? Idiots FOMOing?
Oh well, not my problem anymore, going to run into TP2 I guess.


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