taftrader

If all trades went like this. . . . :-)

FX:EURNOK   Euro / Krone Norway
So we had a bearish thesis on this pair.This was based on facts we observed. This 1st one was that price was failing to break and close above 11.000 level,so that became a significant level as we had sellers there willing to defend it. The 2nd factor was that price was also skirting around the weekly Kijun which is a strong resistance. We initially got on Friday's close which was slightly below our kijun. We got stopped out as price went up again to 11.000 to get more orders then down again. We reentered after price had gone below the weekly kijun again and put our stop above that. Paid off well:)

R-5.5


Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.