eur usd going/gone parabolic

nice trade bro!

 

Thanks. I closed it too early though 1.4522. Profit still a profit in this mkt.

I am watching the exotic currencies such as the huf and pln, to go to the bottom of their range, in which i will go long the dollar again. But 5-6% away from those levels yet.

 

i'm hoping for at least a retrace to 382

 

You just got it, 1.3814.

I'm out of half my position just now, have a feeling I may be too early, but it's done a good chunk of the move I was playing for.

 

If you've read Suri Duddella's book you he shows parabolas retracing to the .618, and I have been watching many of them. Been watching it with the USD/CHF closely (hoping I can make a little parabola collection once this thing settles in the next few days/weeks )

Just my input

 

.618 is dfeeinitely possible quesitno is if we have a bounce before that or not...

 

'gone parabolic' .. very trendy & cool verbage


'like we're para-bolic maaaaaan'

but would a mathematician agree with you?

 

who cares? did you grab any of the 900 pip drop from the top?

 

Not the whole move, but I got about 700 pips on the outright and the puts almost tripled.

I have a small put position left, I think there's a decent chance we go below 1.35 next week, but I'm out of the majority of my position.

 

It's has been so volatile that you need to keep your stops close to avoid losing too much..