Cheers mate. Have just bought the VIX at 13.00. Have a min target of 14.85, however with the Italian elections coming up and Berlusconi looking to have some fun with the markets, those budget cuts in USA, and the Dow fairly likely to pullback 250-300points at some point in the next 1week i wont be surprised to see Vix jump to the 16.50+ level. As in December it went from 14 upto 23 in like 5days as the debt deadline approached, and so it can easily move on any risky news. But the downside below 13 is extremely limited.
Ive bought EUR/CHF (sept contract) at 1.2145 @ £16 per pip, target 1.2206. Sold Dow at 14,586 @ £6 per point, target at 14,509. Target hit already, so made 87points (£522) profit.
And the next trades im gna be making are. When Dow shoots upto 14,700 (tomorrow or wednesday probably) i will be looking to- Sell Dow when top formation forms, Target @ 14,509. Sell AUD/CAD @ 1.065, Target @ 1.048 Buy GBP/AUD @ 1.4526, Target @ 1.4805 Buy GBP/NZD @ 1.7966, Target @ 1.8095
Mate you blewup your entire account last week as you bet against the Japanese yen and the BoJ crushed your entire account!! We all saw your posts about it. And so you are not qualified to even speak in this forum!
These are pretty nice hindsight calls. Next time practice what you preach and post the entries before the exits.