How much exposure do you have to this trade? Just curious because you seem so intensely focused on what appears to be (forgive me) just a run of the mill spread. Is it your largest position or your only position or...?
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3626832> This is a FACTOR 3 trade....3 times my normal share load to open a trade. When I referred on the annotation on the chart it is one of the best charts in 4 years, I am referring to the SERIES of Chart History for this pair over the broad spectrum of time going back 15 years. Definitely not my only position: CI Short / AET Long.....now with 2 levels.....doing very well. HON Short / BA Long....now with 2 levels.....treading water at 2nd level, under water at 1st level (just like CI AET was yesterday). On going narratives at Journals forum / Pair Trading Strategy Journal
Quote (above) is from the 12th, Wednesday, the day before QE3 announcement. Brief summary article of the dollar chart below is at this link. Focus is on three significant levels. Guppy is a contributor to CNBC. http://www.cnbc.com/id/49068436 <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3629412>