I believe that Silver has continued it's trend downwards (as I have mentioned in my earlier idea just the update section). Right now, after the recent price consolidation, we can formulate a clear risk-reward for this trade.
Note that my ideas have a central theme: LONG USD. What this means is that you can Long USDJPY, Short AUDUSD, EURUSD, GBPUSD, CL and it will be the same (at least that's how I will be trading).
Note that my ideas have a central theme: LONG USD. What this means is that you can Long USDJPY, Short AUDUSD, EURUSD, GBPUSD, CL and it will be the same (at least that's how I will be trading).
Trade closed: stop reached:
Sometimes I really loves being stopped out, especially when the risk is low. It gives me an opportunity to reverse my position. Which I had. Let's see.
Comment:
I was stopped out of the short and also the long. But eventually, I was short again.
