Disliked{quote} Hi. I need some advise from one expert. I am in difficult position. I was long from 1.1234, the price start to collapse. When the price was 1.0940 I got scare and I did a Hedge selling same size lot. Now i have these two positions and $3600 under water. Any advise will be appreciated. TksIgnored
this was my advice for him ...
Hope you a good luck ...
but in my analysis think it could be hard to reach it again ... but these days no one to be sure in any analysis as all the world waiting some news ....
this is what i could see for next days of this week ...
the price down target is 1.1100 and 1.080
the price up target is 1.1270 and may be more.
if i was you i could do the following:
modify the short trade target to 1.1100
add a bending long trade at the same price which is 1.1100 by the half lot size and another one the same size at 1.080 ...
close these two trades when its profit cover what you had lost and keep you original long ...
note that it is just my point of view and i am not sure what could happen next days ....
hope you a good luck ... take a long breath and think carefully ....
hope if he did the same tell us how much profit he got ???