USDTRY is flashing a buy signal today, we can enter longs immediately, risking 0.5% with a stop at 3.5053, or entering gradually, over the next 5 days, with 0.02 lots per 10k in the account, if you're more risk averse.
Target is over 3.75 in the next couple weeks.
Good luck,
Ivan Labrie.
Target is over 3.75 in the next couple weeks.
Good luck,
Ivan Labrie.
Comment:
Target almost hit, good to trail stops higher and add. Stops at today's open are fine. You can add on dips after the close.
Target almost hit, good to trail stops higher and add. Stops at today's open are fine. You can add on dips after the close.
Comment:
You could trail stops to 3.75 now and double longs.
Comment:
Move stops to 3.7757
Double longs and move all stops there.
Move stops to 3.7757
Double longs and move all stops there.
Comment:
If not stopped by the spread move stops to 3.7980 and let it ride.
Comment:
Trail stop to 3.8539 and double longs at market.
Trail stop to 3.8539 and double longs at market.
Trade closed manually:
Better exit here.
Trade active:
Reenter with same size and this stop:
(nice discount)
(nice discount)
Comment:
Place a stop at 3.8620
Trade closed: stop reached:
Trailed out in almost no loss...
Leave this pair be for a while, focus on buying dips in $USDMXN and shorting $EURUSD rallies for now. That's more than enough, regarding macro plays in FX.
Leave this pair be for a while, focus on buying dips in $USDMXN and shorting $EURUSD rallies for now. That's more than enough, regarding macro plays in FX.
Trade active:
Comment:
Bottoming here, maybe within 1-2 days.
Trade active:
Buy tips towards 3.7125. Stop: 3.6750
It took a while, looks like it'll go up now.