what is the size of the exposure that you want to hedge and where do you hold this dollar base capital ?
do you want to hedge your saving accounts? assets? payments? or just hedge a trade or a position ?
please specify ...
i think that you are right it might happen but i hold my positions for 1-2 weeks and try to swing at least 100 pips in a trade.
i realize that going below 1.3050 is riskey but i don't think this level would braek in the longer run and in the beginning of next year we shell see dollar comming...
I am a swing trader with a large (managed) account (250k)
please tell me what you think of these trades:
EUR/USD 1.3104 Long for (duration 1-14 days) - done
GBP/NZD 2.8202 Long for (duration 1-14 days) - done
GBP/CHF 2.38014 Short for (duration 1-14 days) ??? (not sure yet)
need...
After a slightly overextended week of losses, the USD gained back some of its losses yesterday on the back of somewhat mixed data. While Q3 Gross Domestic Product surprised to the upside by 0.4% and came in at 2.2%, the PCE for the same period came in slightly lower than expected, at 2.4% vs...
you are right about the supermini spreads they are wide and not good for us but i thought i am talking to real traders and not to a mini accounts trades (i trade 50-200 lots every transaction),
from a pro account perspective i think that they have some very good advantages that made myself...