PRESSURED TRY SEARCHING A HOLE TO BREATHE

Diupdate
Exotic currency to watch for ---> South African rand USDSAR, Mexican Peso USDMXN and Turkish lira USDTRY

TRY is heading the record highs following shaky political situation in Turkey. President of Turkey is expected to put pressure on Central Bank and supply cheap USD to let sinking TRY breathe!

Long term bullish on USDTRY but we might see a retrace from higher levels

Watching the action and getting ready to short!
Trade aktif
Shorted @ 4.9550
Trade aktif
100k short is paying $40 a day interest - straight out of Turkish Central Bank’s pocket!
Trade aktif
We are up 3% $$$ fundamentals at play - waiting for some action $$$
Catatan
We are up 2000 pips $$$$ looking good $$$
Trade aktif
up +2200 pips! $$$
Catatan
100k short would give you $720 by now. We are up +1000 pips! Expecting a short-lived upside action
Trade aktif
trade still active - added more shorts @5.10
I only add more shorts if it's an exotic currency pair
We are getting %1.3 interest a month on our short

I am targeting 4.60 - 4.50 $$$
Trade aktif
Shorted further @5.19 $$$
Trade aktif
Further shorts booked @5.40 $$$
Trade aktif
Wow guys - witnessing devaluation of Turkish Lira 75% devaluation in 1 year!!! I have opened one more short position @5.72 $$$ game changed - targeting 5.00 for now!
Catatan
Is Turkey next Venezuela ? Who knows, shorted more @6.02
Trade aktif
Further shorts @6.50 $$$
Historical Turkish Lira devaluation in play!
Catatan
We are expecting hyper inflation and high interest rates soon! Causitous with Turkish Lira bonds $$$
Trade aktif
Further shorts @7.12 wow
Catatan
Looking great $$$ +13,800 pips from the last short $$$
Catatan
watching the action closely $$$ it's been a great trade so far $$$
Trade aktif
$$$ one of my best trades still open
Beyond Technical AnalysisdevaluationexoticexoticcurrencyForexHarmonic PatternsTrend AnalysisturkeyturkishliraUSDTRYusdtrylongusdtryshort

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