as you can see, I opened a trade, even if the USDOLLAR index does not look very encouraging; I have no stop loss, I have a very very small position - if tomorrow we are up, I am going to open an another position with twice my original size to short it again, as I do not believe it can climb much higher from here; we are very close to a top. if picking bottoms and tops is not your style then dont take this trade...
I like to pick tops and bottoms this way, with very little capital / risk. if I don't hit it, I don't lose much or I don't lose anything if I don't close, and if I hit it perfectly, that's fine, making money and then scaling in perhaps if there is still room for the pair to go down. peace
I like to pick tops and bottoms this way, with very little capital / risk. if I don't hit it, I don't lose much or I don't lose anything if I don't close, and if I hit it perfectly, that's fine, making money and then scaling in perhaps if there is still room for the pair to go down. peace