DislikedYou right Babyboy,
GU long but I think EU also long....... daily price above 20 EMA
Rgds,
my30marahabaIgnored
True thou, because I'm into hedging divergence, therefore I would see if the gaps is big enuff between EU and GU, I'll just squeeze in to make some green.
Basically the idea is to hedge as EU and GU both parallelly moving. But under circumstances, there'll be a pair weaker and stronger. In order to correlate they will move back to meetup. That's where the profit is.
But so far, I'm just testing it. Ofcoz there'll be drawdown, but I havent encounter any bigger drawdown yet. As I'm still forward testing this pairs divergence. I've tried for more than 15 trades.... Overally result so greens that 10-30 pips can be make. However, I still need to wait for bigger drawdown to decide to put to live or not.
Banker please return my pipins.