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GoodCorp

EMA indicators confirmation: opening long USD/ZAR

Long
U.S. Dollar / South African Rand (FX:USDZAR)  
GoodCorp Updated   
FX:USDZAR   U.S. Dollar / South African Rand
Trend Analysis
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trendanalysis
Have a few custom EMA indicators against the 4-hr that seem to predict with reasonable confidence weekly+ movements. Opened a long position this morning at 15.44. Stop loss down at 15.34, will take trailing stop profits at 15.70.
Comment:
Hit the stop and indicators are now pointing to a reversal, open a short position at 15.36. Good luck everyone.
Comment:
Picked up a profit on the short. Indicators reversed, opened a long position at 15.29. Shaping up to be a turbulent week so keeping close watch/stops on this.
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