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JLJ002500
Feb 21, 2018 2:12 PM

USDZAR - Trade Journal 

U.S. Dollar/South African RandFXCM

Description

I didn't have time to post this yesterday. The chart shows when I entered the trade. The below charts are current charts, not from when I got into the trade. It's close to my TP. I plan on closing more than 1/2 of my position at the TP. I probably will keep a 1/3 open and adjust TP to ~11.5795.

M


W



D

Trade active



SL adjusted to 11.71
TP2 @ 11.58

Trade active




Took profits on 80% of the trade. Remaining 20% open with SL 11.65 & TP 11.58

Trade closed: target reached



Closed all open positions. TP2 wasn't triggered due to spread.

Maybe another opportunity to reenter tomorrow.
Comments
Supertechpro
Hey,great analysis!Do you see it testing further down?Lower than 11.58(which it just touched) cause I have a buy position at 11.77680 with TP @11.8500 with SL @ 11.4000.Kindly advice if it will retrace.If it will,I could hold and wait for TP or cut my losses!
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