I went short the Polish Zloty (PLN) via a long EURPLN position.
My models point to a overvalued Polish Zolty, that in combination with an underlying bullish structure gives us a nice setup.
Risk/Reward ratio = 6
This is a longer term position, if you take the trade, make sure your Broker charges you competitive swap rates.
Manage you risk properly.
My models point to a overvalued Polish Zolty, that in combination with an underlying bullish structure gives us a nice setup.
Risk/Reward ratio = 6
This is a longer term position, if you take the trade, make sure your Broker charges you competitive swap rates.
Manage you risk properly.
Comment:
Create a risk free position by setting the stop loss at break even