Short looks like it would be reliable
Seems like it was a good last 12 months to trend trade this pair, lovely waves.
In comparison with EUR/USD or other major pairs, the spread on EUR/SEK is very large and the position size limits I see are much tighter. Why are you selecting such an expensive market to trade?
I had a quick look at it yesterday looking for trend trading opportunities to test the option hedge and this looked very good because it seems to have been in a predictable ranging market. It seems for the last 12 months at least that has been the case.
The current spread is 10 pips wit IC Markets although when I got in last night the spread was higher. I am looking at the day charts so I think the spread is less relevant over the long term. I think EURUSD have a 0.2 spread now with my broker but i’m not sure there are so many seemingly easily winnable pips than this pair.
