QQQ/EWG: Merkel gave us green light, short Germany and long QQQ
This potentially a very rewarding pair trade. You can enter shorts in Dax (either via CFDs or using the EWG etf) and longs in Nasdaq composite (CFDs or via the QQQ etf), risking 1 time the monthly average true range (but using no stop - the idea is merely to size the trade based on volatility).
This is potentially a long term trade, and a good way of gaining short exposure based on fundamentals without being solely short Deutsche Bank or Germany.
Good luck,
Ivan Labrie.
This is potentially a long term trade, and a good way of gaining short exposure based on fundamentals without being solely short Deutsche Bank or Germany.
Good luck,
Ivan Labrie.
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Winning :)
