DislikedThere is no limit to how high it can go, but zero is the downside limit. As it moves down from the mid, keep on buying. Euro ranged from .8000 to little over 1.6000. The mid from 0 to 1.6000 is 1.3000.
This is most workable in commodities because no commodity can ever go to zero. My nephew learned and used this tactic in December 2009, when oil was at $37. He bought enough that his margin call fell at $15. Sold it above $70 in few months.Ignored
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