DislikedIn long term Yes shorting Cable is the right move however most traders can't afford to have their money tight up that long.
I was planning to hold out but my broker started charging me negative interest per day.Holding three weeks would of cost me a lot.Ignored
I thought about adding, 'Perhaps I'm trading on the wrong time frame.' I am not a institutional trader or a position trader. I wonder how many here are?
I understand the difficulty in holding short trades - negative interest charges are not fun.
Happy Trades,
fxstir
'In the next life, I want to come back as a central banker' - fxstir