Welcome to the Long Dollar Club!

Discussion in 'Trading' started by shortie, Oct 4, 2010.

Your USD Sentiment

  1. Short-term: Bullish, Long-term: Bullish

    9 vote(s)
    19.6%
  2. Short-term: Bullish, Long-term: Bearish

    11 vote(s)
    23.9%
  3. Short-term: Bearish, Long-term: Bullish

    12 vote(s)
    26.1%
  4. Short-term: Bearish, Long-term: Bearish

    14 vote(s)
    30.4%
  1. Long dollar this am. See veracity. Not gonna be without some swings but we are done debasing for a stretch. Euro 1.40 was the target and we hit it. As for the YEN. That trade may take a while to unwind but yes the BOJ would like the Yen lower but they're having a hard time with currency wars in effect.
     
    #31     Oct 7, 2010
  2. dollar lost 1.5% since I started the thread 1 week ago. I am looking at UUP 22.41 right now. it is so oversold that it is destined to bounce any moment now.
     
    #32     Oct 11, 2010
  3. UUP (low so far so good) Thursday's open at 22.37.

    That's the stop I'll reenter if need be otherwise we're good to go....
     
    #33     Oct 11, 2010
  4. #34     Oct 12, 2010
  5. PaulRon

    PaulRon

    I'm in this for a new run up in the dollar where the euro reaches parity, highly leveraged

    [​IMG]
     
    #35     Oct 12, 2010
  6. Stopped out this am on UUP. Wash. Will reenter trade lower but not today.
     
    #36     Oct 13, 2010
  7. Tsing Tao

    Tsing Tao

    lol. ok

    from the Financial Times...

     
    #37     Oct 13, 2010
  8. MKTrader

    MKTrader

    #38     Oct 13, 2010
  9. Ah! my long dollar trade is ~b/e right now. the dollar is alive! :)


    a general question: this trade went against me ~2%, do i admit that i was wrong and close ~b/e (maybe a small gain or a small loss) and start from scratch?

    i am guessing the answer is: "it depends..."
     
    #39     Oct 19, 2010
  10. PaulRon

    PaulRon

    f*ck no! I'm holding til eur/usd = 1.0
     
    #40     Oct 19, 2010