No, while I have averaged into positions in the past I tend to do better with a relatively small position size. Short again with about + 40 at the moment.
Oh and I have no intention of taking over the OP thread. I just used this one since it's EUR/USD related.
After the EUR/USD gapped down about 100 pips it's really struggled to take back ground; currently in the 1.35's. I think there will be a bounce from here and price will rise to 1.3838 where the previous support was, and from there, price will continue in its downwards trend. The recent drop this morning is from the China Italy deal falling apart. What do you think of that analysis, do you think it's sound?
Infact....You look at the stochastics, on most figures, on the daily chart it is oversold, which historically has seen at least some kind of correction.