"6.80 is 4 hour creek and should provide some resistance- so partial profit taking around that level "
starting to buy again towards 6.00-5.96 level.
haifa ac 05:00:05 GMT - 08/30/2018
6.34 is a correct 4 hour stop now. 6.80 is 4 hour creek and should provide some resistance- so partial profit taking around that level is a conservative idea.
haifa ac 09:26:09 GMT - 08/17/2018
Above 6.07 it is an ADD situation. Stop now is simply below yesterday low==5.68.
haifa ac 16:36:17 GMT - 08/16/2018
Erdogan is Hugo Chávez and Nicolás Maduro combined.
Mtl JP 16:15:37 GMT - 08/16/2018
well I see DJIA up over 400 points and that
as green light signal for jerome to quell the printer and hike rates
Manila Tom 16:02:33 GMT - 08/16/2018
Imagine erdogan manages to make usdtry close monthly below 5, that's one super huge bearish candle. Good luck fighting a mad man.
Mtl JP 15:57:26 GMT - 08/16/2018
Can ergodan invalidate all western finance books' priciples with
"If they have their dollars, we have our people, our God." devine proclamation ?
Kids ... I do not think his is a revelation of some fascinating mechanical principles of monetary and fiscal policy.
Fukuoka joyya 13:18:56 GMT - 08/16/2018
long try is best idea short and long term.....
turkey fundamentaly better than usa euroasia 100yeears old mckendree plan...
haifa ac 13:05:45 GMT - 08/16/2018
Nono. I meant buying usd/try around 5.80 with mgmt. stop (around 5.55 perhaps)-- we are going to test the 7 pretty soon.
Dillon AL 12:57:06 GMT - 08/16/2018
ac I have the opposite view on but then I probably have a much longer time horizon based off fundamentals that 100% inflation will become 200% etc
For your stop may I suggest something around 6.10 or if deeper pockets just above 6.5
haifa ac 12:52:20 GMT - 08/16/2018
5.81 is 4 hour 55 ma hit first time on this correction and 9 times out of 10 smart money buys that elusive support. Not sure about stop loss. must give it some air to breeze around this level
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