Forex Trading Strategies | EUR/USD – Shorting In & Out to Build Capital

New: Join our 3-hour live workshop with Spencer to learn the basics of trading and make your first live trade!

Following up from the workshop on Monday, and the calls we posted in the synapse forum, we have been making short trades in and out to build up our capital base.

As mentioned, we are bearish on the EUR/USD and Gold, taking multiple short positions and scaling in & out using the intraday charts. This is the most efficient way to build up more capital for our stock trades when the market re-opens tomorrow after the holiday.

As you can see, most of the profits have already been locked in for EUR/USD and Gold, we have saved a small portion of the holdings for our long-term bearish position, but we feel that it would be prudent to lock in most profits before 17th Oct where we foresee large volatility across all markets.

Eurusd

2013 10 15 19.11.58

2013 10 15 19.10.40

2013 10 16 05.05.38



Banner 01 Trading Foundation Workshop New to Trading? Make your first live trade today in this workshop! Meet Spencer live for 3 hours of hands-on training! No prior experience required! Learn all the basics of trading, and step-by-step guidance to make your first trade!

Daily Trading Signals Banner Updated If you're looking for the best trading opportunities every day across various markets, and don't want to spend hours doing the research yourself, check out our private Telegram channel!
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *