Around Christmas time I opened a million dollar short trade on the $EURUSD and asked the question in out Telegram Channel and on Twitter: What would happen if a shorted a million dollars on the $eurusd?
The result speaks for itself. At first price went against me which i knew was a possibility. But eventually it turned around and started it's decline.
But eventually it turned around and started it's decline.
Right now price is basing on the daily chart. We suspect the reason for this is the banks are getting ready to add to their positions.
As you can see we have targets lower and expect these to be hit in time. We have also added another million short for a total 2 million dollar short the $EURUSD.
Keep following along for more!
What do you think about Friday's large Engulfing Doji candle?