I wouldn't bother with a stop on that kiwi. If you're short the kiwi stay short and go long the DOW as a hedge. Don't worry about the stops. If the risk trade returns than the DOW is poised to move sharply higher and it seems to have good support here in the face of dollar strength.
thanks jamie, very insightfull, the best speaker of dailyfx.
georgemargaris 2 years ago
Santa rally for S & P to drag Euro/Usd up?
z978ady 2 years ago
I wouldn't bother with a stop on that kiwi. If you're short the kiwi stay short and go long the DOW as a hedge. Don't worry about the stops. If the risk trade returns than the DOW is poised to move sharply higher and it seems to have good support here in the face of dollar strength.
pipercolt1963 2 years ago