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Realisto_FX
Feb 1, 2016 7:26 PM

USDNOK : Short setup Short

U.S. Dollar/Norwegian KroneFXCM

Description

Hello traders,

There´s a potential wolfe wave pattern , with a target 8.06 area , and SL 8.76

6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high .
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

Trade active

Trailed stop to 8.745

Trade active

Trailed stop to 8.575 , locked profits

Trade closed: target reached

Stop profit hit
Comments
IvanLabrie
Looks solid man.
Realisto_FX
Welcome mate
Realisto_FX
Stop profit was hit , I will consider a new short when price returns below ascending line to confirm forecast is correct
Realisto_FX
I will add another short on the downside breakout :
Realisto_FX
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