I've noticed that trading longer term charts, ie. daily or monthly, seem to be much "safer" than hourly or 4 hour charts.
Just looking at a recent swing this year (monthly chart), there was about 650 safe pips of profit going long from about February to September on the EUR/USD.
As safe as this seems, and assuming you have an account large enough to avoid a margin call, why not leverage the heck out of this somewhat safe trade?
All feedback appreciated.
Just looking at a recent swing this year (monthly chart), there was about 650 safe pips of profit going long from about February to September on the EUR/USD.
As safe as this seems, and assuming you have an account large enough to avoid a margin call, why not leverage the heck out of this somewhat safe trade?
All feedback appreciated.