short usd

oldtime · Dec 11, 2012

i'm getting short usd

so that makes me

long aud.usd
long. eur.usd
long.gbp.usd
short usd.cad

1:1:1:1

and I'm going to keep that ratio to add or lighten up

usd.jpy is a different deal, don't want to get involved

oldtime · Dec 12, 2012

i guess the world has decided usd is just going to sit here until fomc starts talking

Daring · Dec 12, 2012

Real bullish on euro so can't say I disagree

oldtime · Dec 12, 2012

well, that worked out well for us

tradingjournals · Dec 12, 2012

12/12/12 @ 23:30PM: EUR/USD at 1.3090. Are short sellers/profit takers around the corner?

Daring · Dec 13, 2012

Quote from oldtime:

well, that worked out well for us

Yep, if only Hershey could do that lol

jack hershey · Dec 13, 2012

Quote from Daring:

Yep, if only Hershey could do that lol

I can't do that at all.

Reason: I do not trade forex, FYI.

oldtime · Dec 14, 2012

this is a departure for me. Everytime I have tried it I have gotten burned.

so I'm 100% short usd, usually I would be long 2 pairs and short two pairs, and that has been very good and consistent for me becuase I can trade without stops

didn't really think this one through, I have no loss prevention program in place

so far so good, took some profits wednesday, reloaded, took some profits last night

now going into the weekend very small, small enough I can survive anything

either I'm going to need to go back to spreading (which is what got me here) or start using stops again

question is, if I want to spread, which two do I switch sides on?

oldtime · Dec 14, 2012

ok, I'm over it

short eur
short cad

thanks ben for the good week