trading again

Quote from lundy:

story of my life, i go surfing this morning and whats left of my EURO position gets slammed up my arse. I should have taken all profits at 1.0360

Current EUR quote is 1.0523/25

Some Pimco report slammed the dollar.

Anyhow, I'm still short, avg price is 1.044

I'm looking to catch turn when the dollar resumes it's upward trend, i'll jump ship at 1.057

kinda big stops, but i'm trying to catch longer trends, and still gettin used to the whipsaws the currencys can do. Man these things can move and move fast.
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I like the _idea_ of this trade very much (I have been starting to think about Europe alot,) but why not buy the H4 EC put at an appropriate price? Mix in the appropriate number of EURIBOR contracts in a hedge, and you have the start of an idea.

Selling the Euro _NOW_ is a horrible trade IMHO.

nitro
 
Quote from lundy:

After my big blowout, i'm back to trading.

Working part time still, trading 4 days a week.

Mostly maintaining swing trade positions, but averaging in and out alot at key points, to up my avg position entry.

I'll be posting forex charts here, as thats what i'm trading now.

I'm swing short the EUR/USD avg price is 1.041

heres a daily chart, it broke the trendline and immediately dipped 40 pips.

http://www.liveonland.com/ScreenHunter_001.gif

and heres a pic of my irrational exuberance

http://www.liveonland.com/ScreenHunter_002.gif
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WOW! How did you raise the capital so quickly?
 
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