Now I'm fully hedged +1 -1 locking +40 PiPs.
Between 1.194 and 1.2 I expect some up and down that I associate to large players reversing short. [many hours probably]
Around 1.1945 I'll buy and around 1.2 I'll drop the longs and go short.
The alternative is that we go down to 1.193 area, that could mean no 1.2, so I'd add to my 1.195 longs, which by then will be underwater, and go net short when back up to 1.195
Practitioner of the cryptic trading arts