Short
Entry Point: between 2.329 and 2.317
Stop Loss: 2.36
Profit Target: Tp 1 : 2.27, but as you know, carry trade is not about taking out the profit. more about counting the days, and the interest on the interest…
Trade Explanation: carry trade , 2.329 will be a strong resistance. hope I can try a carry trade with this pair
as I’m a newbie, any suggestion is welcomed. as you see, I’m not that punctual on the entry
today I placed a market short at 2.3097 with a Takeprofit: 2.2922
I think it’s conservative. I could have place a 2.Takeprofit at 2.27, but I’m not convinced.
shorted U/Try as well at 1.7897 market-order, Takeprofit:1.7855
I could say, it’s an examination. no longterm
shorted at 2.3663 (wednesday, 19.12.2012). I was impatient to wait till 2.37 psychological level. Triple top on daily. expect price to go for 2.27 and deeper.
shorted E/NOK at 7.3919 - where it seemed to me it retraced. expect price to 7.33, 7.30, 7.288, 7.111, 7.098