Long entered last Friday based on pin bar signal on 26 Mar. Pin bar rejected horizontal support zone and up trend line. It has also rejected 61.8% Fib.
Stop loss moved to entry level for breakeven as I don't feel good (emotion over system here) about the price action during the Asian session now. USD has been gaining across the board over other majors like EUR, GBP, AUD, CAD, JPY, but not SGD. This only tells me one thing. SGD is being supported (my guess is supported by MAS buying SGD).
better than nothing mate.
I usually just set up my trade and let it go.
What I did on this trade is an exception.
HexVex
⋅
Ouch. You were right to bug out early buddy! I got out of my SEK yesterday too. NOK is very much oil dependent yes. Like CAD but a little different too as it's Europe and not next door to US.
Casey_Yeo
⋅
hope you didn't lose on SEK.
HexVex
⋅
I'm NOK and SEK short. SEK is relatively strong too.
Casey_Yeo
⋅
Good luck mate. I dont trade these pairs. Read somewhere NOK is related to oil. True?
HexVex
⋅
Looks supported well supported to me so far. DXY has had a little break to the upside too