EURUSD

btw.. the guy seeking help on broker did not reply.. must be u scare him off

my favorite scene in this incredible movie

Hmm, I am looking at 1.4282 as my first TP with SL @ BE but then again its the Asian session on a Monday. I should be sitting by the fence and watching paint dry.

Dude, I can totally relate - I got a 1/2-lot riding short on the E/U. Damn I need another Red Bull!

Have revisited my idea about an option play. Same as I was kicking around a few days ago.

With about a month to go on Sept contracts, premiums are a bit less pricey.

(Puts)
the 141 strike is offered at 36 (about $450)
the 142 strike is offered at 60 (about $750)
the 143 strike was last traded at 98 (a little over $1200) and is close to At-The-Money.

Calls of similar deltas (144/45/46) are fetching about the same levels of premium.

This was an alternative I considered to an outright spot euro position.
Selling into this trend has proven frustrating. Also, for those trying to find a place to buy,
many have been having to eat it there as well.

One must also remember that 8 or 9 out of 10 options expire worthless.
Numbers vary from underlying market to market, but that means most of them.

So, although I'm STILL kicking the idea around, if I were going to do something in here
I would assume the 140 puts will likely expire worthless, since so many were written.

There's not much time left on them, but the 142 put should double
from 60 to 120 on a move back to at the money.
A somewhat lower risk strategy for sellers to participate in.
Risk 1/2 the premium for a stop and TP at double your money.

Does it sound like too much trouble ? Maybe. Why not just place a 30 pip stop on a lot
and let the chips fall where they may ? In the end, it's about controlling the risk.

So instead, I'll look at some October strikes----further Out-Of-The-Money
and weigh the cost of premium against the potential of a larger move.

May post more on this another day.....or maybe not....

well u better run for your life
check s&p futures ultra bullish imo they dont even care about failing banks they just stomp over whatever brave shorts might appear

I'm hedged on the U/C.

This little bubble is gonna bust pretty soon.

They're coming.

asian markets are up !

RANNNNNNNNNNNNNNNNNNNNNNNNGING !

back in 8 hrs hopefully for some excitement ..

I see no cockroaches on the wall

I'm still short bias with tight hurdles @ 1.4339 (daily pivot) 1.4330, 1.4321, 1.4312 (daily support/s).

Now who was the one who said we'll see 1.39 long term?!?

Great site buddy

Why you want cockroaches?

just another day in paradise.
http://www.bloomberg.com/apps/news?p...d=anPsamswT_DU

thank you buddy..

Oh c@#kroaches !

Has the look of dropping.....Friday's Daily R1 level is in area of 262% FE off BB pinch, a possible target if it drops. If it drops strongly, then the Weekly mR1 level, which is in area of 424% FE off bb pinch, is a target.

Oh no!


http://www.5tracks.eu/a/ohcock.mp3

bull predictive chart from march... bail or sink time..................