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5.11 Due to the news about the Strait of Hormuz, the British pound opened 80 points lower in the early session, and those who went long at the end of last week were immediately wiped out.
We are now in the most critical period of the US and Iran game, and it is necessary to plan products and positions:
1. Trade and products positively correlated with the US dollar, such as GBP, EUR, JPY,
2. Go long on the US dollar, as Trump could tweet any time to announce good news,
3. Keep positions light, with a maximum of 5%, to remain flexible in extreme market conditions,
4. Profitable positions can be boldly closed, then wait for opportunities,
5. Improve your emotional stability and regulation, avoid impulsiveness, and patiently wait for prey to appear.