If you go in long in parity, do it with a small part of your capital. It could be the operation of your life... or your ruin.
If you go in long in parity, do it with a small part of your capital. It could be the operation of your life... or your ruin.
Does anyone use fundamental analysis to operate this fall or just technical?
Fundamental. UK growth data are appalling and with coronavirus, worse. I see no reason for a sustained rebound.
I just use technical, the graphics reflect everything the market knows, I don't need any more.
A combination of both is ideal. Ignoring fundamentals is like blindfolding.
So most people keep betting on shorts?
Yes, as long as the trend doesn't change, the path of least resistance is down.
Beware of overconfidence. Many lose just when they think that nothing can go wrong.
Remember: the market can remain irrational longer than your account can remain solvent.
Thank you all for your contributions, it's good to know that I'm not the only one watching this pair.
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