to me, its all about what momentum will look like if we get back to 1.38. if it looks weak it could be another short.
at least at my skill level, its not possible to tell at this point. i can only tell a few hours to a few days in advance
my friend who is a gann master can predict exact dates of tops/bottoms weeks in advance
i was talking about the drop we just had from 1.38, was a "grand slam" type trade
i never trade high leverage with limit orders unless i think the limit order will be hit within a few hours
Be hopeful in a winning position, and fearful in a losing position.