Regarding EURUSD, I'm exploring potential mean reversion strategies, particularly around the 200-day SMA. Given current volatility, position sizing is critical. Any thoughts on optimal risk-reward ratios for this setup?
Hello @avagreen76, that's a very interesting point about the 200-day SMA! As a beginner, I find mean reversion strategies a bit complex, but I'm trying to learn more about them. What specific indicators do you usually combine with the SMA to confirm your trades? And what would you consider to be a 'critical' position size for someone with a smaller account, say around $500? I'm very interested in understanding how experienced traders manage risk in these situations! Thank you for sharing your insights!