Trader jargon used to describe a position that has been completely reversed, also called "square". For example, a trader sells $100,000 then buys $100,000, thereby creating a neutral (flat) position.
Chart of the Day - EUR/JPY Finally the Top?
I had similar view on it and posted the lvls for the drop out.. I agree EJ while looking for ripe for a corrective drop will eventually be higher..
G... read more
Neither Buy Nor Sell, Damn Currencies
@ Romano ...thank you for leaving your comment.
thank you for introducing that article, should read it! just found it ... FX Theory: The Real Mean Rev... read more
Neither Buy Nor Sell, Damn Currencies
@ Peter ...thank you man for attention and sharing ur idea
U r right mean or average might be misleading sometimes. thats why financial researches nor... read more