eurodollar futures

i shoulda stayed n my dec/dec eurodollars, would be up now! oh well c'est la vie. Looking to re-enter that yen/franc cross on yen weakness, it's just wayyyy to strong.
 
Eurospreads are cheap to put on but that can get you in trouble. I keep adding to my long Dec8/Dec9 and am getting hammered. Don't let the cheap margin fool ya :mad:

I still think this will get back up to 90, but I may have to pick up some puts for protection...
 

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Yeah, I knew the SF/JY was in trouble when it never went in my favor in the first few hours..
I knew that being short Yen in this crazy environment was just dumb...
At least I pulled the plug quickly...
Gotta be nimble kids...these mkts turn small mistakes into big ones quick!

Dollar is going to turn soon...perhaps after Ike makes landfall.
 
Hey guys...forgive me for the "newbie futures spread question" but here it goes:

Lets say yesterday I entered a position on a CME Globex EuroDollar spread:

buy-dec08/sell-dec09

(prices are purely an example)I got in at "5" yesterday....

today the spread price is at 8
tomorrow it goes to 10
next monday it goes to 14
next tuesday it goes to "17"

when looking at my position value next tuesday...is my position value now simply "17" or is it "5" +8, +10, +14, +17 and really at next tuesday +54?...

I think the correct answer is "17" and not "54"...thanks again for clarifying...
 
Quote from increasenow:

Hey guys...forgive me for the "newbie futures spread question" but here it goes:

Lets say yesterday I entered a position on a CME Globex EuroDollar spread:

buy-dec08/sell-dec09

(prices are purely an example)I got in at "5" yesterday....

today the spread price is at 8
tomorrow it goes to 10
next monday it goes to 14
next tuesday it goes to "17"

when looking at my position value next tuesday...is my position value now simply "17" or is it "5" +8, +10, +14, +17 and really at next tuesday +54?...

I think the correct answer is "17" and not "54"...thanks again for clarifying...
More...

Seriously, decrease now...
 
You've made 12 points, from 5 to 17...

You know, when you buy an asset at x, and it goes to y, z, w..., you don't add every tick to calculate your gains, it's just the exit minus the entry, that's how trading works...

Sorry to be rude, but what's wrong with you?
 
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