18 February 2022
Entry price 313
Long 380
Short 340.
Net credit 1070.
Maximum risk 2930.
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via reddit https://ift.tt/3jL3Exp
We're going to start posting more about Forex setups and opportunities. The Forex (FX) market is not well understood by all, so here's some important things to note if considering FX trades/strategies. The Forex market is a trader's market Forex markets are not easy, but they can be worth it. The FX markets are by far the largest of the available markets to trade. Usually here people quote how many trillion a day is turned over in the FX markets but I've not looked it up recently and it really does not matter - the real underlying benefit of the size of the Forex markets is the spreads (Fees) are very low and it's easy to trade large positions. A negative laid against the FX markets is there's a history of banks being fined for manipulating them. My viewpoint on this has always been if there's manipulation there's design. Where there's design, there's opportunity if one can work out enough about the design to create some betting edges. Fo...
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