Long EURSEK
Updated
Good morning traders,
I´m attempting an small long on EURSEK . Be careful with the size of this position because this pair is highly volatile .
From a fundamental stand point, yield diferentials between Euro vs Sek support this trend.
Technically the move above 200 MA , and upside breakout of the triangle favours a bullish scenario.
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
I´m attempting an small long on EURSEK . Be careful with the size of this position because this pair is highly volatile .
From a fundamental stand point, yield diferentials between Euro vs Sek support this trend.
Technically the move above 200 MA , and upside breakout of the triangle favours a bullish scenario.
6 Trading Rules :
1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade
Josep Pocalles
Trade active
Trailed stop to break even, no riskTrade active
Trailed stop to 8.3985 and locked profitsTrade closed manually
The pair retraced significantly today which is a sign of possible reversal, I´m happy to close manually at 9.48
Josep Pocalles
Top Technical Analysis Voice
linkedin.com/in/josep-pocalles/
One-to-One Trading Coach & Mentor
Telegram Channel
t.me/+QbOKfXHX1UArUQCB
Análisis
amconsulting.substack.com
Top Technical Analysis Voice
linkedin.com/in/josep-pocalles/
One-to-One Trading Coach & Mentor
Telegram Channel
t.me/+QbOKfXHX1UArUQCB
Análisis
amconsulting.substack.com
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