[smwinc]

Sorry to rub salt in the wound here, but this thread has proved to be a fantastic example of why you do not just try and jump on the end of a trend without specific reasoning.

This thread was started 24th July.

If you had entered a Short USD trade against the Aussie, you were filled long on the close at: 9520.

As at 8th August, Aussie dollar is now at 8849.

Trading the futures FX futures:
9520 - 8849 * $10 tick = $6710 loss, per contract.

Similar story with the EUR:

Short on the 24th July @ 15641
Last traded price 8 August @ 14977
= 664 tick loss ($8,300 per contract).

[MC]

USD to the moon baby!!!
J/K but man what a move she pulled.
Hope any fresh shorts ran stops just outside the congestion zones.