USD/TRY ready for a run

Discussion in 'Currencies' started by plantguy, Sep 26, 2011.

  1. plantguy

    plantguy New Member

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    Looks to me that the USD/TRY is ready to run from 1.85 to 1.88 for 300 pips by the end of the week.
     
    plantguy, Sep 26, 2011
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  2. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    TRY is the ISO Code for the Turkish Lira for those who haven't realized it yet.

    Why the interest in the Turkish Lira, plantguy?
     
    Roswell Crash Survivor, Sep 27, 2011
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  3. plantguy

    plantguy New Member

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    It's strictly a chart play. It pulled back from the mid 1.86s to the bottom of an up channel. I actually expect to see the mid 1.90s, but I'll start (hopefully) taking profits in the 1.88s. I've been trading it since the mid 1.78s
     
    plantguy, Sep 27, 2011
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  4. plantguy

    plantguy New Member

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    Well...got stopped out..............re-entered @ 1.8395
     
    plantguy, Sep 27, 2011
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  5. plantguy

    plantguy New Member

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    As I post this, up nearly 300 pips
     
    plantguy, Sep 28, 2011
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