USDNOK: Support found at the linear regression channel

USDNOK looks good here, we're long from earier today when we broke last Friday's high.
If not in you can enter gradually into the trade, buying 0.02 lots per every 10k in your accuont for 5 days. Alternatively, risk 0.5% with a stop at last Friday's low, and enter at market, add more to risk 0.5% more if it drop under your entry in the next 3 days.
Good luck,
Ivan Labrie.
If not in you can enter gradually into the trade, buying 0.02 lots per every 10k in your accuont for 5 days. Alternatively, risk 0.5% with a stop at last Friday's low, and enter at market, add more to risk 0.5% more if it drop under your entry in the next 3 days.
Good luck,
Ivan Labrie.
Nota
I got out before it broke down, it's now out of the linear regression channel support, it could go sideways some more, or dip a tad lower first.I'd assume the market is waiting for Trump by the 20th, cause all USD news are out of the way now. I'm not active in FX much since December and I reccomend to stay away or trade very small until Feb/March. The period from December to February has been my worst, when it comes to FX trading historically, so this year I took a break.
Nota
If you change to a 3 standard deviation linear regression channel, you'd see that support held. You can go long on dips, or making new highs in the daily relative to the last closed bar.Nota
We went long at the open.Dagangan aktif
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Penerbitan berkaitan
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.