I am a long term investor with a view to retiring in my 40's. I swing trade Forex and CFD's on the side of my IT Security day job, currently specialising in bad news recoveries and macroeconomic events at a sector level.
Ideas posted are not a recommendation to buy or sell. Indices don't care about my targets/ideas. Swings: from days to weeks (options), no initial SL. Unprofessional, Amateur. EoD/BoD: End of day, Beginning of day + trailing SL
detecting an imbalance results in a call
closing your position. Prices will average out!. Therefore :
+ BUY (far) ABOVE the given level
+ SELL (far) BELOW the injurious level.
The lifetime of the level is up to severall days.
Eli started trading futures in 2005. He is a former college football player. Those skills helped transition into trading. From the moment he stepped foot on the trading floor he knew he wanted to be a trader.