FED leaves the rates unchanged at least for a while.
Emergency meeting might be called if inflation picks up to 2%.
Watch oil prices in coming months.
1.14 good area to sell.
Why?
Psych level.
50% pullback from the recent top @1.16
Massive downside potential.
How?
Sell marked area after tomorrow London's open.
Risk?
2% of equity.
SL: 50 pips
Hedge?
Binary call option with 1 week expiry. The size equivalent of the cash lot @ 50 loss.
Enter at the same level as cash position.
Emergency meeting might be called if inflation picks up to 2%.
Watch oil prices in coming months.
1.14 good area to sell.
Why?
Psych level.
50% pullback from the recent top @1.16
Massive downside potential.
How?
Sell marked area after tomorrow London's open.
Risk?
2% of equity.
SL: 50 pips
Hedge?
Binary call option with 1 week expiry. The size equivalent of the cash lot @ 50 loss.
Enter at the same level as cash position.