Quote from illiquid:
Well skalpz is short euro, Ivan is as well. Marketsurfer too. You know what happens when everyone gets on the same side of the boat!
ha!
don't get me wrong. I'm short by default. I just could not handle the interest payments on being long euro/short usd just to have the trade continue to be dead in the water while I pay buckets of cash out daily in interest.
I don't like giving my money away. This market either
pays me to trade or I don't trade. One way or another, when I enter the market
it's going to share the risk.
so when you toss your longs, you're short - there's not a third choice if you want to trade EUR/USD.
I fully expect the price to climb on me but, I'm one of the guys who can make when the market goes against me.
last year this time the pair was chugging up 16-cents vertical. I wish it would do that again this year - I'd destroy the market short.
what's happened this year?? where's the manic trading?
anyway, what are you, Illiquid, short or long or flat?
s