USDTRY LONG

1 lip 2019

THIS USDTRY SETUP IS AN OVERLAPPING TREND LINE AND 200 EMA TRADE. SINCE TRY ,HAS A INCREASED VOLATILITY ESPECIALLY WHEN POLITICAL UNCERTAINTY RISES , IS AN ADVANCE CURRENCY TO PLAY WITH. SO, I AM GOING HERE WITH ZONE ESPECIALLY FOR THE ENTRY AND THE STOP. YOU CAN PICK YOUR EXACT ENTRY REGARDING TO YOUR RISK LEVEL. I AM A HUGE BELIEVER THAT THIS PAIR CAN GO ONLY UP IN THE LONG TERM IT IS HARD TO BENEFIT FROM THE SHORT TERM MOVEMENTS. THIS IS MY GAME PLAN FOR A SHORT TERM USD WEAKNESS.

1ST ENTRY- 5.5905 (TREND LINE SUPPORT&200 EMA) 1/2 POSITION
2ND ENTRY- 5.5505 (ROUND NUMBER LEVEL) 1/2 POSITION
STOP - 5.4995 ( BEFORE BIG 5.50 ROUND NUMBER )
PT: 5.7645 (PREVIOUS SUPPORT AREA)
PT: 5.6995 (PREVIOUS SUPPORT AREA)

M MANAGEMENT:

IF ONLY 1ST ENTRY FILLED ,I WON`T TOUCH UNTIL PT(5.7645)

IF BOTH ENTRY'S FILLED SCALE DOWN JUST BEFORE 5.70 LEVEL

9 lip 2019

Transakcja zamknięta: osiągnięto wyznaczony cel

Since 1st target reached. Took half of the position out of the table. and ratchet entry to breakeven. Will be fired again if we visit same zone again.