EUR/USD: This market has been moving steadily in the...
My pending sell at 1.1390 was triggered due to the Dovish Fed and resulting weakenind USD. Currently the market is ABOVE a down inner trend line and I shall therefore not enter any additional trades as the market may move higher. In the event that the market moves below the pivot at 1.1400 then I shall consider adding to my existing sell. I am waiting for the 2 hour Fibs to ...Continue Reading
Close a Position (Position Squaring)
To eliminate an investment from one’s portfolio by either buying back a short position or selling a long position.