Short

USDRUB: Potential long term downtrend continuation

Updated

Interesting setup in the Ruble here. You may short at market, or on retracement. Stop above 64 is reasonable, you can alternatively use a stop above 66.

Good luck!

Ivan Labrie.

PS: The swap from holding this offsets part of the nasty swap you get charged with for holding USOIL longs.

Note

Trade closed manually

Deutsche Bank dropping made equities drop hard, so the dollar is making volatile moves now. Better exit for now.

Note

I'm getting back in on this one, same stop. Risk small for now.

Trade active

Note

Let's look at a couple things here:

#1 bi-Weekly Time at Mode uptrend signal confirming by October 7th

#2 Swap for Ruble longs: The carry is roughly 7.94% of the position, per day! Sign me up for that yield, please...add to it a 26% upside potential, and I'm sold.

Just so you keep these in mind. Good luck if you go long Russia here with me.

Note

Great progress, the chart here isn't reflecting mine properly, the stop wasn't hit in my platform, and it dropped significantly.

IvanLabrie

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by IvanLabrie

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