IvanLabrie

USDCNH: Pullback's done here

Panjang
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FX:USDCNH   U.S. Dollar/Chinese Yuan
USDCNH appears to have completed a correction and is ready to resume the uptrend here.
This bodes well for Bitcoin longs as well.
If you want to take the trade, risk a drop to 6.8374, or enter gradually over a few days, risking a bigger move down.
The other alternative is to dial down to 1h charts to take the trade, or simply buy a new daily high, with a stop at the recent low. In the current enviroment, I don't favor using stops at all, and start with smaller positions, due to the 'expanding bias' where markets go a bit further than expected, or take a little longer to turn, each time. If you have tight stops, you'll get chopped out multiple times.

Good luck,

Ivan Labrie.
Komen:
Good momentum straight off the bat.
Komen:
Yep.
Komen:
Break even stop and let it run.
Komen:
Still good to hold this one. Be patient.
Dagangan ditutup secara manual
Komen:
www.zerohedge.com/ne...s-use-nuclear-option

It might see some acceleration soon, after the Chinese new year.

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