better with no stoploss cuz you will be haunted sooner or later (based on many stopped out before)
Investing is SIMPLE but NOT EASY
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Disliked{quote} with risk management you will be fine.. stop loss should be far if u sure about the trade better with no stoploss cuz you will be haunted sooner or later (based on many stopped out before)Ignored
Disliked{quote} Trades closed in profti.Nw whent short based on fibo pullbacks. {image}Ignored
Disliked{quote} I think yes. Technical analysis shows that the pair has became overbought recently, and I think that fundamentals will support short also. Im expecting that at 9:00 pm tonight cash rate will be raised to 3,5-3,75% and at 10:45 pm Trade balance will be higher than expected (about +200-230M). In this scenario, the pair will go back to 1,081 or even lower in a few days or weeks so i opened short @ 1,088Ignored
DislikedSo, interesting thing about this pair is we had 98% (120) lots long around 1.07 around July 7th… price went down another 80 pips or so and we got to the peak of 99% (220 lots) longs at 1.0622 lows... Now we have 96% short (150 lots) at 1.9069…. assume we still have a bit higher to go here…. {image}Ignored