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Thread: Discuss EUR/USD News with a DailyFX Analyst
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Old 08-01-2008, 08:19 AM
Ilovepippin's Avatar
Ilovepippin Ilovepippin is offline
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Ilovepippin is an unknown quantity at this point
I don't know guys, I had a feeling the numbers might be 'softened'. Some big bears are sitting on the USD and they want a stronger dollar.
I had 2 trades, small ones, but anyway.
I went long and got stopped at 5620 (cmellon you owe me money :-))
The other was a straddle that was profitable to my surprise, because I expected horror stories, like in the past. However, the good thing is that next time at a big event I can risk some more on the straddle strategy. So, all and all not bad and a good lesson learned.
Oh btw, I also went short on the swissy and came out with small profit, went long on GBP and got stopped. Man, these pairs have been trading in a range for months and I decide to go in and they break out of the range.:-(
Nice weekend everyone! Guilder, don't iron the baby.
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