vlad.adrian
Short

USDTRY - Play the carry

FX:USDTRY   U.S. Dollar / Turkish Lira
308 6 4
At an overnight rate of 8.25%, there is nothing left to say about the chart, because it doesn't really matter.

The chart is not very bearish , and it is not bullish either. We have a possible double top on the weekly and the daily broke below a support area . The less volatile this market is, the more money you will make.
closed out on 05.11.2014 at the end of the day. Overall I broke even on the trade, and that was due to a mistake I have made by closing most of my position by mistake
Reply
30.10.2014 added to short
Reply
27.10.2014 added to short
Reply
Or maybe sell EURTRY. Or just sell both. :-) Carry is extremely good in TRY, and in fact the drop in Oil prices helps Turkey a lot, as they are big importers. Now they have a better ballance. Anyway I have been holding some strategic short EURTRY for a while. A lot better short position than shtty no carry CZK, HUF and PLN.
My next tgt will be USDRUB, I sold really small just to start watching that too, but not yet a real short signal.
Reply
vlad.adrian Kumowizard
me too, I have a short in USDRUB. It's probably bigger than it should but too late now
Reply
vlad.adrian Kumowizard
shorting eur/try surely makes a lot of sense, as we'll probably stay in that range a long time from now
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out