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It FINALLY paid off. Strange. Baby wakes me up (she never does) at 3:30 am. I decide to see what's going on since it spiked up to 1.2070 yesterday. Heart pounding as I see it at 1.2151 and I sell with a position of 4.5 million at 1.2020. Needless to say I gave her a lot of milk in celebration :)

I closed all my positions with a total profit of $53,253. I would have hung on longer, but Ben opened his big mouth. I wouldn't be surprised if this hit 1.60 now :)

Added 200,000 more at 1.4330 which is a technical level and close to a resistant trendline. If it closes above 1.4350 I will close my trade and look to enter short elsewhere.

Just updating my trade. I am now at 280 pips profit with 1.5 million shares short for about $42000 in profit. I will be looking to increase my short position as prices move back towards moving averages.

Anybody else get in on this short? Up 22k so far now. Do you think any information was leaked or has sentiment changed?

Woke up today to a pleasent surprise. Up an average of 187 pips with 1.08 million shares for about 18,000 profit so far. Maybe somebody leaked news that Greece will not pass austerity in parliament?

Little does Ben know, a stronger dollar would actually help alot of the problems this country has. I hope he burns in hell :)

People who are trying to reap the rewards of a simple carry trade. They think everything is stable right now. But if Greece does default, which is unlikely anytime soon, then others are next, and you can kiss the Euro to at least 1.18.

The most it can kick your ass is a risk that you have pre-defined. So I don't understand :)

Let's hope the greek people hang the puppet, George Papandreou by his balls and revolt :)

In my opinion, I do not see the EURO breaking the recent high of 1.49 in the next couple of years. Even if there is a QE3 and the FED keeps interest rates low for some time to come, I think most investors realize the EURO is a failed project. Greece WILL default. It's debt is unsustainable...

You didn't eff it up. You just completely missed what he was trying to do. Clue: Depends are diapers. LOL

The CME Group raised U.S. crude oil futures margins by 25 percent as of the close of business on May 10, helping to bring prices down following a $5 a barrel spike on Monday. CME [CME.O 295.01 3.42 (+1.17%)], parent of the Chicago Board of Trade, said on its website that it had hiked...

I use ninjatrader with kinetick for forex quotes and IB as my broker. I love it. Wouldn't trade it for anything. Their forums are great as well.

Last time QE2 was announced the dollar crashed and then rallied hard. Maybe the same thing will happen again.

So you have a win rate of 80% and a .59 win/loss ratio? So let us say you make 100 trades, 80 of them winners, 20 of them losers. Each winning trade nets you $300 and each losing trade costs you $500 (.60 ratio). That's a profit of $14,000 and a profit factor of 2.4. Did I do the math...

I've done this before. Except I was shorting at the bottom, and kept on adding until I hit -1 million :)

Are you really that mad? LOL what a loser.

Nice, you hit your target. I got stopped out but went short again at 1.3508. I'm about to break even if it comes back. I'm still betting on a ride down :)

I went short at 1.3480 I think the EURO is going to test 1.3400 and either bounce off of it or break through. Profit Target 1.3435 Stop Loss 1.3501