$BTW fell below the 1.85 level.
Let’s talk about what lies behind this number.
Previous highs and lows are commonly used key price levels: the memory of prices failing to rise or being supported here last time can influence buying and selling when the price returns.
Volatility often increases around these levels. Leveraged positions need more room here, as stop-losses set too close to round numbers can easily get taken out.
Keep enough margin for futures positions so a sudden swing doesn’t wipe out your position.
This may not be accurate, so don’t follow it blindly.
Let’s talk about what lies behind this number.
Previous highs and lows are commonly used key price levels: the memory of prices failing to rise or being supported here last time can influence buying and selling when the price returns.
Volatility often increases around these levels. Leveraged positions need more room here, as stop-losses set too close to round numbers can easily get taken out.
Keep enough margin for futures positions so a sudden swing doesn’t wipe out your position.
This may not be accurate, so don’t follow it blindly.