USDSGD: I am Long for the long-term

1377 21 21
Update: First Target Hit
Stop loss moved to break even
All targets reached
I just initiated a long term long position.

If you're looking for a longer term position trade, this might be a good choice to speculate on. The pair has been in a major consolidation phase within the past few years, that kind of action usually precedes major long term trend shifts. The price may have broken out recently, and could be just the start of something much bigger.

The fundamentals support this view, as markets continue love the U.S. dollar, the out-performance of the U.S. economy and potential reversal in the monetary policy cycle could be the main catalyst for this trade.

Best of Luck , join me at
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I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
This was a bit like your AUDCHF last year. Magnificent! Paid for a lot of vet bills.. Thank you!
HexVex HexVex
HexVex Technician
That's for me. Since I set my self up for the wrath of the Mods with some irreverant comments and I'm a contrarian to some heavily publicized prophesies here I thought why not dish out exaggerated reputation points based on a very innocent understanding of Tradingview etiquette. Don't worry I'll grow out of it by tomorrow morning
very good
Full target hit on this trade
CarlosEspeleta Technician
Amazing Technician
Technician CarlosEspeleta
Thanks Carlos :)

Nailed it. Blew through the third target now :)
It may possibility hit 1.4 and beyond too.
Blowing through second target
+1 Reply
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