Euro-dollar gap filled! What is the scalping strategy that was built in a short time?

“Euro-dollar gap fill completed, what’s the next scenario?”

Well, with the euro-dollar opening the week properly filling the gap and converging toward the futures price, that seems to be where we are. With option expirations coming up over the weekend, the movement in option prices is also a key point to watch.

For this trade idea, if the price drops toward around 1.0770 by the 7th, I’m thinking of using a scalping tactic to go long. However, honestly, it isn’t a trade aimed at large returns. It’s more like, “do what you can.”

What’s interesting is that it doesn’t take ten minutes to come up with these ideas. You might think, “Is it really okay to do it in such a short time?” but spending more time doesn’t necessarily yield better ideas. In fact, if you’re spending too much time, you should consider whether there’s waste in your method.

As I’ve mentioned before, simplicity is a very important element in trading. You may have heard of Occam’s razor; like that, the simpler the hypothesis or method, the stronger it is.