NaughtyPines
Short

POST FAILED COUP -- LOOK TO SHORT EURTRY, USDTRY

FX:EURTRY   Euro Fx/Turkish New Lira
85 2 3
I'm not currently set up to trade spot forex, but this just says "short" all over the place, assuming it doesn't totally implode on Asian open tomorrow (it probably will) ... .

I looked at other long Turkey plays (e.g., TUR             ), but they are unlikely to move much or will recover by the time NY opens.
imploding to what side? long try or short?
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Short USDTRY or EURTRY. Unfortunately, the opportunity was extremely short lived, it looks like.
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