Everybody is fixated on USDTRY rally at the moment. As impressive of a move it has been thus far, (and devastating for Turkish nationals) there could be some more strong dollar currency trades that can be taken advantage of, perhaps ones such as this;
-10 Week Ascending triangle
-Bolinger band squeeze/expansion on the daily
-Boundaries are clear but not clean
-Measured move 23.3537
30 basis points of risk, Position trade strategy
Happy to have a resting order above boundary but until I have a daily bar into the next week to set a stop against, Stop will be last H4 rule
-10 Week Ascending triangle
-Bolinger band squeeze/expansion on the daily
-Boundaries are clear but not clean
-Measured move 23.3537
30 basis points of risk, Position trade strategy
Happy to have a resting order above boundary but until I have a daily bar into the next week to set a stop against, Stop will be last H4 rule
Commentaire:
Dont really want to see my order filled during pre asia session but it very well could
Transaction en cours:
Order filled, I am nervous of a one day out of line move eventuating
Commentaire:
Stop moved to low of last day @ 22.4285
Commentaire:
Stop @ 22.453
Trade fermée manuellement:
Was closed manually on fridays close
SL @ 22.3765
TP @ 23.3340