IvanLabrie

USDTRY: Uptrend continues here

Long
IvanLabrie Aggiornato   
FX:USDTRY   Dollaro / Nuova lira turca
USDTRY is flashing a buy signal today, we can enter longs immediately, risking 0.5% with a stop at 3.5053, or entering gradually, over the next 5 days, with 0.02 lots per 10k in the account, if you're more risk averse.
Target is over 3.75 in the next couple weeks.

Good luck,

Ivan Labrie.
Commento:

It took a while, looks like it'll go up now.
Commento:

Target almost hit, good to trail stops higher and add. Stops at today's open are fine. You can add on dips after the close.
Commento:
You could trail stops to 3.75 now and double longs.

Commento:

Move stops to 3.7757

Double longs and move all stops there.
Commento:
If not stopped by the spread move stops to 3.7980 and let it ride.

Commento:

Trail stop to 3.8539 and double longs at market.
Trade chiuso manualmente:
Better exit here.

Trade attivo:
Reenter with same size and this stop:


(nice discount)
Commento:
Place a stop at 3.8620

Trade chiuso: stop raggiunto:
Trailed out in almost no loss...


Leave this pair be for a while, focus on buying dips in $USDMXN and shorting $EURUSD rallies for now. That's more than enough, regarding macro plays in FX.
Trade attivo:
Commento:
Bottoming here, maybe within 1-2 days.
Trade attivo:
Buy tips towards 3.7125. Stop: 3.6750

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