Bubble from QE on Italy Stock index
Compensation loss index value
The devaluation of the euro is offset by index
06062014 index 22500 eurusd 1:36
180316 index 22500 eurusd 1:05
theoretical value index change at 1.05 is 17500. The QE and the weakness EURUSD have created a bubble in the value of 5000 points.. is not now but in the end the bubbles burst...
Maybe a little labour intensive for some but a safe way to book profit without much risk.
Buy and sell in 2 units at support and resistance. Move stops to protect positions. Take one unit profit at either support or resistance. Wait for break out in either direction. Repeat until breakout. Or leave it alone if it looses it's neatness and starts getting...