At the moment it is just giving back gains made from being long for a long long time$.
tempted to short this here, but just keeping my position light for now so not adding too it
It's not 350 handles. Anyway I've been long at 2 times leverage on the initial trade since April 2009 so I can hold. Day trades on the other hand are at 10 times leverage and this is where day to day income comes from.-350 Handles worth.... that`s TOO big piece of the pie to give back... I thnk you know that!
20 handles to go to close the 2nd half. Hurry up. Getting bored nowtaking off half here for +20 at 2666 as planned.
Looking for 2620 area to close the other half.
Will also add that half back on short, on any kind of half decent bounce.
We are in proper bear market land now so expecting lots more dumping in the medium term