Trade Idea: Long USD/ZAR (09/29/11)
I am long USD/ZAR from 7.71 with targets of 8.0 and 8.4. Stops can be placed below 7.5
Comments
- StockStream Forex 603 days ago
First targets achieved on long trade. Booked profits on 50% position size at 8.0. This trade is risk free now.
- StockStream Forex 600 days ago
Moving stops to 7.95 to lock in additional profits. Trade working well. We mayget to our 2nd targets this week.
- StockStream Forex 599 days ago
I am booking profits in the remaining USD/ZAR longs at 8.273. Looks like a pullback in risk is due.