- No position = Neutral perspective (hopefully). Decided after calm deliberation overnight that I really want to stay short EUR/USD (and S&P500).
- Re-established short EUR/USD at 1.2133 and ESU2 @ 1333, but only in half of the risk level squared yesterday. Balance later.
- Cannot afford to be without a short position in EUR/USD which is trending strongly. Would be impossible to get back in once it runs away.
- Addendum 26Jul12 8:10 pm : EUR/USD @ 1.2286 high on Draghi comments. "Almost" champion is simply not good enough. Guess it takes a lot of courage for a long term trend trader to be square. More than I have.
26 July 2012
Re-established EUR/USD and S&P Shorts
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1 comment:
Draghi pledges to do whatever needed to save EUR. EUR/USD at 1.2257 now. Sigh.
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