No change in view.
The market is way over extended and it requires a strong correction. the position is medium-term and I suspect a fall of 4-5 big figures are required to decrease the pressure a bit.
Strategy SELL current @ 130.90-131.30 and add further on way up above 132.00. I know what feedback is expected, but for now I have added again @ 131.20 and average stands now at 128.97. Sightly more leverage and its fine in terms of position.
The take back orders are now
35% @ 128.57
30% % 127.47
balance @ 126.07 when seen.
Please note I will re-sell when positions are reduced based on the market situation that time.
The market is way over extended and it requires a strong correction. the position is medium-term and I suspect a fall of 4-5 big figures are required to decrease the pressure a bit.
Strategy SELL current @ 130.90-131.30 and add further on way up above 132.00. I know what feedback is expected, but for now I have added again @ 131.20 and average stands now at 128.97. Sightly more leverage and its fine in terms of position.
The take back orders are now
35% @ 128.57
30% % 127.47
balance @ 126.07 when seen.
Please note I will re-sell when positions are reduced based on the market situation that time.
Comment:
for the night I will take back 15% of position @ 129.00 break-even. (average is 128.97).