Tight Stop Loss for Long Term Trade
1:96 Risk Reward Ratio
Technical Speaking:
1. DXY reversed on long term support around 92-93
2. 36 Year Seasonality Chart suggests reversal usually happens on Aug. 2nd.
3. COT reports showing highly concentrated short positions from Speculators.
Fundamentally speaking:
1. There have been two dollar-bull-markets since 1960s....