My Euro Trade

Discussion in 'Forex Trading' started by PaulRon, Oct 26, 2008.

  1. PaulRon

    PaulRon

    I'm going to keep this chart updated with explanations as it progresses. Let's see how things turn out ;)

    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=2144725">
     
  2. I marketed in before the close Friday. Also long. Not too many lots. Looking to build a position.
     
  3. PaulRon

    PaulRon

    1.3 has been acting as support and resistance in the past so I'm adding this as a potential area to take proft if we get to... maybe a short scalp at that level with a tight stop to make up for potential missed long pts by re-initiating long above 1.3.

    <img src="http://elitetrader.com/vb/attachment.php?s=&postid=2144846>
     
  4. HLB

    HLB

  5. HLB

    HLB

    Today I sold my 6E 1.3 Dec Call @ 0.0508 (bought @ 0.0358).
    What interesting is, that I bought it a week ago, when 6E was @ 1.3033 and now it's @ 1.2855 and 1.3 Dec Call @
    0.03790 x 0.03860 - still highier than my purchase price @ 1.3033! IV rose so much.
    It was scary to hold this call, when euro was in free falll to 1.23 !

    HLB