Well, I’m naturally a bear. I love SELLING things. But sometimes, you know what happens EURUSD for some unexplained reason goes bullish when I have a sell on, the signal is there and my SELL becomes a nightmare.
I know I should be buying here, but I have a SELL on. A lot of traders at this point I think would close the SELL with a loss. But I think it’s better to put a BUY on at this point and ride up. If your SELL stops out you don’t lose so much but also you have still made a profit from the LONG. It won’t be as much but still the SELL may stay in trade when it retraces so you get both profits!