And that, in a nutshell, is the beauty of this market...
Posted 05-19-2008 at 11:13 AM by GammaJammer
EUR/USD - Right idea, timing a bit off. Might have been better expressed through options. My fault. Although in my defence I do prefer to have lower conviction trades on only when I'm there to try and gauge market sentiment, especially when I put them on on a busy afternoon, in effect 'shooting from the hip' when I'm juggling a ton of other things. Sometimes I come back and, in the cold light of day, the reasoning I was basing my trade on simply isn't there. This was definitely one of those occasions (and thus I didn't lose a lot of sleep when I cut the position).
Oh well. Close below 1.5550 now looks interesting from the point of the model a/cs (the ones that haven't already stopped themselves out or even turned their positions that is).
Oh well. Close below 1.5550 now looks interesting from the point of the model a/cs (the ones that haven't already stopped themselves out or even turned their positions that is).
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