Euro / Turkish Lira
Short
Updated

EURTRY | EURO/LIRA Short on Correction

153
Selling Lira because the overnight funding you sometimes get is just insanity! On my broker I get 0.05% on my LEVERAGED position... PER NIGHT! That's 1% in just three weeks!
For example I sell a position for $1000 which is leveraged x100 = $100,000. I get $1000 in just three weeks which is my initial investment, this means I make 100% ROE in three weeks if market moves sideways.

The technical analysis actually says it probably goes down. Insane.

To the technical analysis: Wait for correction to next weeks central pivot point or 21/34 EMAs then SELL and HODL.
Note
Got pretty nice entry earlier than expected

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