Should I risk holding a net long to ride the up shake out, up to 25 PiPs, before the 50-75 PiPs down or just wait for the down?
If I keep the shortie I'll have to watch it go 25 PiPs against and I won't be able to position myself heavy, at the top.
But then, again, heavy entries are always dangerous. And yet the temptation to play both sides and get the perfect heavy entry at the top for the greater reward is very strong. What if it turns south while I'm net long and I miss both moves...
It would be more prudent to build a small short from here to the shake-out top...
They know it. The bastards know it perfectly well and that's why they'll drive it 25 PiPs up before taking it down...
If I keep the shortie I'll have to watch it go 25 PiPs against and I won't be able to position myself heavy, at the top.
But then, again, heavy entries are always dangerous. And yet the temptation to play both sides and get the perfect heavy entry at the top for the greater reward is very strong. What if it turns south while I'm net long and I miss both moves...
It would be more prudent to build a small short from here to the shake-out top...
They know it. The bastards know it perfectly well and that's why they'll drive it 25 PiPs up before taking it down...
Inserted Video
Temperance (restraint in action, thought or feeling) is a virtue.
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