Forex Trading Strategies | EUR/USD – Shorting In & Out to Build Capital
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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.
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Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.
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