Only a few minutes hear as MCFX is out to be savaged by a dentist very soon.
This is the level to get back into equities. Yep, we're catching a falling knife. We had picked out 835 as our rough rebuy level and it's got all the way back there very quickly. Our only concern is where to put our stop - we've gone for roughly the 810 level though are worried this is not the correct level. If we stabilise around this 835ish level and bounce we will add on the way back up. We're risking 3% this time as we have increasing confidence since market has played out exactly as expected over last 5 days.
And we're still bitter about not getting into GBPNZD when we planned earlier this week. This bitterness is a poor trait. Move on from the past - always must have a clean slate each day otherwise you chase trades.
Good luck!
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