Funny thing, G/J went below the 200 day average a few days ago, looks like resistance around 142.25. I'll test a short position, 142.03 entry.
I ask this because I use a strategy that reverse the position on the market. Example: I open a long position 10k⬠on EUR/USD at 1,4650 and if the cross go under 1,4630 I open a short double position of 20k⬠and so on. If the market is volatile this strategy works well. Have you ever try this?
lol, well I guess that's one way to spend your money, it works great in a range too, I bet you could blow a whole account in just a couple of hours! Hey have you tried martingale on roulette? At least you'll get a free drink served by a hot waitress!
I can see that 7 times on the 2nd I reverse the position. This is not a problem. It depends how much money do you have on your account and by the way...how many times in one year do you see a graph like that?