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U.S. Dollar / Turkish Lira

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USDTRY trade ideas

USDTRY 8.12199 + 0.5% LONG IDEA * BREAKOUT , PRICE ACTION & STRUHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / TURKISH LIRA . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - INTRA - DAY TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
USDTRY 8.07605 + 0.16% SHORT IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOLLAR / TURKISH LIRA . * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. many stars must align with the plan before executing the trade, kindly follow your rules. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES some rules on exits & entries hope they help. 1. look at structure be it descending channels, pennants and so forth basically price action whats price doing. 2. If you use indicator determine does it align with your play e.g is it overbought/oversold where there market is it in a pull back to structure or continuing does price alighn with your indicator. 3. entries from 30M , 1H, 2H & 4H time-frames the higher the time-frame the more likely it will end up swing or long term. 4. aggressive trades can be executed on the pull back / or at ranges of structure that's when you are a scalper or your trade are Intra - day based 5. price action must definitely align with the plan.' 6. structure definitely 7. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. That's basically entry & exits plan basic guide lines RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
USD/TRY long: section fast transactionsHi everyone! USD/TRY pair moves in an upside channel and after small correction the movement will be continued up. Technical indicators confirm it. I expect the movement up to level at least 1.618 according to Fibonacci. Bought on 8.0371 TP = 8.7327 SL = 7.7958 Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to leave a position at any time.
Long
by Yuriy_Kuznetsov
The Market Only Warns Twice.The structure in USDTRY looks increasingly like 1-2-1-2, which means that a very powerful and unexpected (as usual) spike in 3-of-3 should begin in the next few days. The market will not give a third warning. When 1-2-1-2 is completed, the big move is imminent and it usually does not take prisoners. At the end, everyone will be blown away as to how far the Lira has crashed. I am convinced that 16-20 is the end target. If you have any Liras left - do take action urgently.
Long
by AndyM
6