Disliked{quote} Abokwaik, Thank you for your sharing your knowledge. Can you explain why you took short trades on EU above DO. I did too but I closed all my positions due to the weekendIgnored
I also closed all my positions before market close.
Disliked{quote} Hi abokwaik, very nice threath, subscribed, like this aproach simple and efective... Did you shorted because althougth you were above DO, London rejected 1.1177 and then traded below is open ( London open ). Thanks for sharing...Ignored
That's one way to look at it, supported by the below chart, notice how the two previous weeks closed below 1.20000:
Plus:
- Price near near daily high (DH)
- It was late trading week hours where price usually do not make huge moves (so risk is at minimum)
- Positive swap if we had to leave the positions open over the weekend
No guts, no glory
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