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TomKirk
Mar 11, 2018 4:25 AM

EURTRY - a case for trend continuation 做多

Euro Fx/Turkish New LiraFXCM

描述

-Strong trend, would take price into new all time highs
-15 Week continuation cup and handle
-Significant retests of boundary
-Price has since turned down, but is worth watching for an symmetric risk/reward trade
-Very similar pattern forming on GBPTRY worth looking at also

-Looking to establish 100 basis points of risk in two tranches

Also see youtu.be/1-SUKfiYhlw for a fantastic educational video on the cup and handle as a continuation pattern by Akel Kibar, an esteemed classical chartist

评论

*asymmetric risk/reward trade

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Stop buy order in

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Well worth watching a few TRY crosses

交易开始

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Stop buy order in for an additional 50 basis points of risk

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Second tranche order filled

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1st tranche stop @ 4.7129
2nd tranche stop @ 4.6931

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Stop orders to break even of respective tranches

交易结束:到达目标

Closed out second tranche, remaining tranche will implement a 3 day trailing stop

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Stop @ 4.8396

交易结束:到达止损

Trailing stop hit on last tranche @ 4.94895
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