Selling Lira because the overnight funding you sometimes get is just insanity! On my broker I get 0.05% on my LEVERAGED position... PER NIGHT! That's 1% in just three weeks!
For example I sell a position for $1000 which is leveraged x100 = $100,000. I get $1000 in just three weeks which is my initial investment, this means I make 100% ROE in three weeks if market moves sideways.
The technical analysis actually says it probably goes down. Insane.
To the technical analysis: Wait for correction to next weeks central pivot point or 21/34 EMAs then SELL and HODL.
For example I sell a position for $1000 which is leveraged x100 = $100,000. I get $1000 in just three weeks which is my initial investment, this means I make 100% ROE in three weeks if market moves sideways.
The technical analysis actually says it probably goes down. Insane.
To the technical analysis: Wait for correction to next weeks central pivot point or 21/34 EMAs then SELL and HODL.
Comment:
Got pretty nice entry earlier than expected