USDZAR was very, very oversold (note RSI levels). Gone long here and looking for a move back to 17.50. Stop loss at 16.40. Good luck!
Trade active:
Approaching 17.00 as I type. This one is going like a Boeing!
Trade active:
Approaching 17.30 this morning, a welcome birthday present indeed! Just a hop, skip and a jump from 17.50 where I will start leaking some out. Nothing wrong with taking some profit.
Trade closed: target reached:
Squaring up my position here. Risk is very bid and USDZAR has struggled to go higher. US equities are hot. Smaller gain than I was initially looking for but worked out pretty well nevertheless.