CADJPY SHORT (RECENT) FRI 15 SEP
The market is dynamic so we adjust the position all the time.
this is how i look at the market right now.
my first short position is at 107.5 / so now I'm closing all of the buy position and wait the price to reverse back to the base.
For example, i buy and sell at 107.5 = buy 10 lots , sell 10 lots.
when the price gradually goes up, i dca buy side, like 1lots at 108, 1lot at 108.5
now when the price show reversal signal, i close all the buy and let the sell side recover (pnl)
however, if the price decide to goes up, i will adjust my position again. i will weight more on buy side.
this is how i look at the market right now.
my first short position is at 107.5 / so now I'm closing all of the buy position and wait the price to reverse back to the base.
For example, i buy and sell at 107.5 = buy 10 lots , sell 10 lots.
when the price gradually goes up, i dca buy side, like 1lots at 108, 1lot at 108.5
now when the price show reversal signal, i close all the buy and let the sell side recover (pnl)
however, if the price decide to goes up, i will adjust my position again. i will weight more on buy side.
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