USE A STOP LOSS.
I'll let smarter traders short this baby while I stick with the bullish trend by buying the pullbacks.
Responds to news!
Stagflation in progress. Use a stop loss!
They're doing everything they can to stabilize their currency.
It's just not going to help if Erdogan cannot produce stability. Opportunity arises! Sad for the news, tho. Make no mistake about that. Welcome to the cold market.
Monitor support and resistance zones as these are most stable. Presently the usdtry is within a channel.
Approximately 0.028 per microlot with my broker.
I'll let smarter traders short this baby while I stick with the bullish trend by buying the pullbacks.
Responds to news!
Stagflation in progress. Use a stop loss!
They're doing everything they can to stabilize their currency.
It's just not going to help if Erdogan cannot produce stability. Opportunity arises! Sad for the news, tho. Make no mistake about that. Welcome to the cold market.
Monitor support and resistance zones as these are most stable. Presently the usdtry is within a channel.
Approximately 0.028 per microlot with my broker.
Comment:
Nailed it.
