Yuriy_Bishko

Turkishlira/Dollar (USD/TRY) Overview

FX:USDTRY   U.S. Dollar / Turkish Lira
I will open Buy at 5.6917 after a pullback Only. Reasons:

-Price broked up Triangle with so powerful candle. Technically it's a signal that price will continue up move.
-5.6917 is Key Daily level, big players will protect it in the future.
-Potential profit 5 times bigger than a risk.

Open a Buy After a pullback to 5.7005 goal is 5.9164

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Comment: Price is so close to key buy level

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have you got still money? :))
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I Dont think drop again
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@emrelg, Why?
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Could you kindly explain what position are you in as you are stopped in every single position so far that I followed. Make a mid term analysis and stick to it otherwise you already would have run out of CASH without having a PLAN. Its called the SAW effect....
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@BirolIsik,

My Risk per position is 0,5% I could have 10 - 20 s/l in a row.
Also, if market changes I change my scenario.
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I checked your last 2 view about USDTRY which SL.
I personally think you should take into account fundamentals and politics close to your technical skills while publishing views about exotic pairs.
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Yuriy_Bishko burakpadir
@burakpadir, do you think 2 S/L in a row means something???

I trade probabilities. Always put stoploses because it's part of a business and my Potential profit always in 3 - times bigger than a risk. Even with 40% of profit deals I still earn money.

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burakpadir Yuriy_Bishko
@Yuriy_Bishko, I guess you got me wrong.
I was trying to criticize constructively since all of your USDTRY views seem stop lost.
I envy your technical skills and trying to learn sth my comment purpose was noticing you that politics and interest decisions are more effective on USDTRY than any other technique recently.
Best regards..
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Yuriy_Bishko burakpadir
@burakpadir, thanks for your review.

My system technically only. Because it's impossible to count all news on FX market. There are an old law "The price includes everything"
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Write down What you think about USD/TRY
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