Long

USDZAR Long nice R&R

Updated

I havent posted in quite awhile I took a little time to try some other strategies out and experiment with some things. However I will be posting again for the year and putting some ideas of trades out there once again. This is USDZAR long, I wanna get it out there first and then discuss the trade call later. The chart explain what Im expecting and when I have some times later I will go over why I saw this in this way.

Note

closing with a little profit here and putting a buy at 12.478, this thing is a monster and no need to risk losing money if can secure a little bit and get the same trade again:) so Ill put a stop under this current price action and if it stops ill make a little money. If it goes up ill make some money, however i want this risk free. Please remember the buy stop is in play regardless of this getting hit here or not.

Note

I should have said I am setting a stop with a little profit instead of closing with a little profit. Trying to do to many things at once.

Note

Well real time update here my stop is still sitting in profit under the last short term low. Ill keep it where it is just to keep risk off and ill keep the buy where it is to try to pick up more. Ill be back later with a update

Note

Well the green here and will think about adding if we get separation and find support again.

Art-of-FX

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