I expect a swing of about 60-80c all the way up to R15 per dollar, I have personally opened a long position with the size of R425000 (30000USD), expecting the ZAR to weaken in the short term within a week to a few weeks (less than a month) to 14.95+-.
Stop Loss is around 13.95, take profit is 14.95, the entry price is 14.16
USA inflation data indicating that it is likely a peak has been reached, it is likely to go lower from here on...
Next week FED will discuss the US interest rates...
Coronavirus full-vaccinations in the US are almost at 70%...
US stock market (S&P 500) is struggling to go higher...
I have a feeling...
Stop Loss is around 13.95, take profit is 14.95, the entry price is 14.16
USA inflation data indicating that it is likely a peak has been reached, it is likely to go lower from here on...
Next week FED will discuss the US interest rates...
Coronavirus full-vaccinations in the US are almost at 70%...
US stock market (S&P 500) is struggling to go higher...
I have a feeling...
交易开始:
评论:
adjusted stop loss to 14.17
评论:
closed position at 14.33, bought in again with same amount (30k USD) at 14.28 again.
Trade still active
Trade still active
评论:
adjusted stop loss to 14.20
评论:
adjusted take profit to 14.92
评论:
closed position at 14.43875,
bought in again with same amount (30k USD) at 14.405
bought in again with same amount (30k USD) at 14.405
评论:
adjusted take profit to 14.80
评论:
adjusted stop loss to 14.25
评论:
closed position at 14.535
going to try and get in again between 14.40-14.50
going to try and get in again between 14.40-14.50
交易手动结束:
only got a 40-45c profit, not the full haul I wanted to, not used to these long positions in the FOREX market...
but I still think we are going to see R15 for US dollar.
proof:
drive.google.co...Ngh3hrmVrL/view?usp=sharin...
but I still think we are going to see R15 for US dollar.
proof:
drive.google.co...Ngh3hrmVrL/view?usp=sharin...