Thought of the Day…

My main thought going into this week is that I need to be careful and not get carried away with shorts on EURUSD and USDGBP, even if my bias (at the moment and this could change in a matter of seconds) is bearish:

  • we always need to keep in mind that there are no prizes for shorting at lows and that once all targets have been taken out, sometimes, it is better to just sit on your hands and DO NOTHING > continuing to short without a clear plan is the best way to set yourself up for a squeeze!

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