USD/SGD, DAY CHART, LONG (9-DEC-2016)

Dec 9, 2016

A good swing setup shows on USD/SGD Pair.

1. Overall trend is still bullish on USD
2. The price touched on 20-EMA and bounce back strongly from that,a good signal to long.
3. The price also bounce back from the support level at 1.416x

EP: 1.42417
SL: 1.41438
TP1: 1.43289
TP2: 1.44242

Dec 9, 2016

Trade active

USD/SGD moving up approaching TP1.

We move our SL to breakeven point.

So it is now a risk-free trade :)

Trade safely :)

Dec 11, 2016

Trade closed manually

We closed this pair for a profit of 57 pips.
As we decided not to hold this pair over the weekend as FED FOMC meeting is around the corner :)