Euro trading with DanPickUp

[Blitzz]

Adding to loosing position.. Hmm...

 

[DanPickUp]

Adding to loosing position.. Hmm...

Very well said.

Reason for doing it: Have some space left to do so.

 

[DanPickUp]

http://i46.tinypic.com/30112dt.png

If it breaks I am out.

 

[DanPickUp]

What the guess was that? Just happen a few minutes ago.

http://i47.tinypic.com/dzaybb.jpg

 

[timepass]

ECB cuts interest rates..

But hey, on forexpros.com I am seeing a wild dip in the euro & crude

 

[timepass]

 

[DanPickUp]

ECB cuts interest rates..

But hey, on forexpros.com I am seeing a wild dip in the euro & crude

Yeap, can confirm that. Was just amazed by that spike up. My long calls otm have been stopped out before that spike. As they have been far otm, the loss is little.

Toke new positions with puts. Now lets see.

 

[DanPickUp]

Toke profit already as it nearly doubled as the put was 1.2450 and now I am out, watching what is going on.

http://i47.tinypic.com/5d4h95.png

Have a nice day.

 

[DanPickUp]

Bought now some long otm calls in that market as it may moves in a side way market. People just through away those calls like wedding biscuits. So lets collect some of them and put it in the tin can. No big investment but one which quickly can become quit lucrative. The 1.2450 put play today was highly risky and rewarded very well. Not to recommend for unexperienced option traders.

Good trading

DanPickUp

 

[DanPickUp]

What is this:

http://i46.tinypic.com/14w3fgi.png

What is that:

http://i45.tinypic.com/2hcolr6.png

As told: Not much comments on charts as I leave that to the sophisticated analyst. And now look at the correlation between the EUU12 and the DXU12 which are the symbols used in other places. Euro against USDollar

http://i46.tinypic.com/ajkvmd.png

Now what do you think? Do we go further down or do we may go up a bit?