ricomister

ricomister Updated 

expect ZAR to weaken against the dollar about 10-15c, I am aiming to personally open a long position with the size of (30000USD), speculating that the ZAR to weaken in the short term within a day or two to 15.18+-. Stop Loss is around 15.01+-, take profit is 15.16-15.20 , the entry price is 15.08+- I hope ESKOM load shedding could help weaken the ZAR in the short term

ricomister Updated 

expect ZAR to weaken against the dollar about 15-20c, I am aiming to personally open a long position with the size of (30000USD), speculating that the ZAR to weaken in the short term within a day or two to 15.30+-. Stop Loss is around 15.05+-, take profit is 15.30-15.40, the entry price is 15.15+-

ricomister Updated 

expect the ZAR to weaken against the dollar to R16+- per USD in 6-18 months, I have opened a position at R14.58 per USD, that is 33.3% of the total position size I want to allocate, I will open another 33.33% if the ZAR strengtens to around R14.00 per USD, and another 33.3% if the ZAR strengthens even further to R13.50 per USD. 33.3% position size is (30000 USD). ...

ricomister Updated 

expect a retrace at the very least of about 6-10c, I am aiming to personally open a long position with the size of R520000 (30000USD), speculating that the ZAR to weaken in the short term within a day or two to 14.89+-. Stop Loss is around 14.78+-, take profit is 14.88-14.92, the entry price is 14.80-14.81

ricomister Updated 

I expect a retrace at the very least of about 5-10c at the very least, I am aiming to personally open a long position with the size of 15000USD speculating that the USD to weaken in the short term within a day or two so that EURUSD will be around 1.16+- Stop Loss is around 1.15600+-, take profit is 1.159-1.16, the entry price is 1.15715

ricomister Updated 

I expect a retrace at the very least of about 5-10c at the very least, I am aiming to personally open a long position with the size of R520000 (30000USD), waiting for the price to move just a bit lower, but it might not, speculating that the ZAR to weaken in the short term within a day or two to 14.95+-. Stop Loss is around 14.83, take profit is 14.93-14.95, the...

ricomister Updated 

I expect a retrace of about 5-10c at the very least, I have personally opened a long position with the size of R585000 (40000USD), expecting the ZAR to weaken in the short term within a day or two to 14.70+-. Stop Loss is around 14.56, take profit is 14.69-14.71, entry price is 14.60-14.61

ricomister Updated 

I expect a swing of about 60-80c all the way up to R15 per dollar, I have personally opened a long position with the size of R425000 (30000USD), expecting the ZAR to weaken in the short term within a week to a few weeks (less than a month) to 14.95+-. Stop Loss is around 13.95, take profit is 14.95, the entry price is 14.16 USA inflation data indicating that it...

ricomister Updated 

I expect a retrace of about 10-20c at the very least, I have personally opened a long position with the size of R350000 (25000USD), expecting the ZAR to weaken in the short term within a week to 14.25+-. Stop Loss is around 14.08, take profit is 14.20-14.25, entry price is 14.10

ricomister Updated 

I expect a retrace of about 3c-5c at the very least, I have personally opened a long position with the size of R460000 (35000USD), expecting the ZAR to weaken in the short term in next week to 13.45. Stop Loss is around 13.8, take profit is 14.35, entry price is 14.0

ricomister Updated 

I am trying my luck again lol, so long risk management is in play, one can't go wrong... I expect a retrace of about 15c-20c at the very least, I have personally opened a long position with the size of R350000 (25000USD), expecting the ZAR to weaken in the short term in next week to 13.72. Stop Loss is around 13.4, take profit is 13.72, entry price is 13.525

ricomister Updated 

I expect a retrace of about 20c-30c at the very least, I have personally opened a long position with the size of R350000 (25000USD), expecting the ZAR to weaken in the short term in next week or max two to 14.02 - 14. 05 , then from there it might strengthen further against the dollar because the main downtrend might continue. Stop Loss is around 13.7, take...

ricomister Updated 

I don't see the ZAR strengthening against the dollars to the levels of 2013/2014/2015/2016. 2 major things that are different between now and then is: South Africa's Junk Status, loss of bond income South Africa's economical damage suffered from the corona virus and its inability to handle it effectively like first-world countries 1 ongoing problem is Eskom's...