Long

USDZAR - US Stock market bounces hard, you know what that means

Updated

I guess we should hedge against the big boy short on the SPX. One way of doing that would be to long USDZAR. That way, if we get squeezed out of our short on SPX from 2740, we'll at least make a bit from the ZAR falling to pieces.
Put this on for a week, RR isn't bad

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Hedge on, working so far

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Strength in the US market should take us the rest of the way. Although I still think we'll see a crash in the SPX this year, it's worth playing the bounces with hedge trades such as this.

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a few days of patience and holy fuck

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should be able to close this out today

Trade closed: stop reached

Trade closed: target reached

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Target reached, not stop lol

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almost no drawdown on this, sick entry. Love trading this pair

UnknownUnicorn897809

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