Buying USD/RUB on Fundamentals
I am setting a buy stop at 67.04, with SL at 65.33 and TP at 71.39. The main reason - high amount of external debt to be repaid in December combined with lows in oil. I will also use ATR-based trailing stop here.
More details on the trade and timely updates on its course:
earnforex.com/blog/usdrub-long-on-fundamental-analysis/
More details on the trade and timely updates on its course:
earnforex.com/blog/usdrub-long-on-fundamental-analysis/
Trade active
Entered long at designated entry level today at 9:32 UTC.Note
Moved my stop-loss to breakeven.Trade closed: target reached
TP hit at 71.39 today.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.