USD/NOK End of trend round 5.

30 Sep 2022

USD/NOK

Price have traded outside of the current channel and fell back inside printing a potential blow off top.

Have re-entered 1/3 size on this setup too.
I dont like opening a fresh trade friday afternoon and holding over the weekend.

4 Okt 2022

Catatan

Rolled SL to breakeven.

4 Okt 2022

Catatan

Limit short order out
@10.55
SL 10.70
TP 10.00 ( lower daily channel target )

IF filled, then my position will be 2/3 of full risk

5 Okt 2022

Catatan

Moved pending to 10.5428 ( 61.8% fib of recent leg )
Will move pending order every day if needed.

5 Okt 2022

Trade aktif

Filled

6 Okt 2022

Catatan

Stop hit on position 2.
SL on positon 1 is 10.80

6 Okt 2022

Catatan

Price is now on 61.8% of recent 4H leg down.
NFP tomorrow, so i dont retake position 2 before the event.

Price will give a new entry next week if the thesis is correct.

13 Okt 2022

Trading ditutup: stop tercapai

I was the top tick on this SL

15 Okt 2022

Catatan

Still monitoring the pair.
Since it will set up nicely again.

Waited for this trade for month, and having this outcome can be tough, but again, i dont complain much when i get a top tick fill on my fib plays that goes to TP painfree in less time than normal.