I'm long It all started when I just wanted to get short usd this strategy I have on now gets flat quite often but very quickly gets you back in, long or short and so far, I can see the bearish case, but it just keeps over and over again getting me back in long last entry was long at 3378 I think the guy that finally figures out how to get short eur and usd will win
ok, I'm flat good luck with your short eur.usd I did just what I talked about got short both eur and usd against aud, cad and gbp if it works out I'll talk about it on another thread as it stands now, I think if your short eur.usd works out, that is going to help me also
i agree.... we might not break that 1.34 high right away.. we will see if this 1.339 high holds.. its making highs on lower strength .. the driver is starting to lose its drive..
Apologies for not stating. I kept it the same, for the exact reason you mentioned (not much more before retrace). The stop is moved to break even now.
does anyone trade options on their eur.usd position? http://www.cmegroup.com/trading/fx/g10/euro-fx_contractSpecs_options.html or xde?
what is the premise for your counter trend trade?/ i'm just curious.. since july the trend has been up from the 1.20 area.. why now..