@factor_members Hi Peter, this seems to be a 20+ week pattern with a 30-day ATR of around 500, so would you say entry point is around 24500-500 = 24000?
@factor_members Hi Peter, if this is not a trade, does this "hunch" affect your planning in any way? Maybe it prompts you to look for entry to short instead of long?
@factor_members Absolutely and I have a lot of trouble holding on to those. Peter, hypothetically, if a trade is working and is at 50% of target, but on the daily chart creates a gravestone doji, what would you do?
@factor_members Another possibility is for the indices to continue to go up because it's nominal (Argentina and Turkey being the extreme case). In real terms it goes down but where else do you put your money in a high inflation environment?
@factor_members Hi Peter, as a USD based trader, how do you think about constructing the exposure to this chart? Buy the index in EUR but also hedge the FX?