U.S. Dollar / South African Rand
Short
Updated

USDZAR Short trading opportunity(short-term) 16

236
expect ZAR to strengthen against the dollar about 20 cents +-, I have opened a short position with the size of (50000USD), speculating that the ZAR to strengthen in the short term within a day or within a few days to 19.785+-.

Stop Loss is around 19.05+-, take profit is 19.785+- , the entry price is 19.00+-
Trade active
moved stop loss to 19.075

will hold position over weekend
Trade active
Position still open, barely missed stop loss.

Moved stop loss to 19.99, will not move higher than this otherwise risk reward ratio not right.
Trade closed: stop reached

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