This would be a nice position to just hold long-term past 1.40 and/or policy changes in ECB and FED
Comments
FaultyKid
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I had the right idea, but didn't execute any trades.. SAD FACE
ForceFollower
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Yeah, what a pity! How about such a moustached sad face with the euro: :-€
But look at the bright side:
1) a missed trade means nothing financially, it's not a loss, it doesn't cost you any real money;
2) there are actually no failures on our side - only "lessons learnt" - if you failed at sthg or failed to do sthg, make sure you know what was wrong that you did, and be wiser next time. :-) I believe you've got your trading diary - take note and even draw charts by yourself and then review it - that's how we get better and better at trading.
DJames
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Looks like a risky trade with a large potential draw down.
FaultyKid
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Can you elaborate please, would like to see your point of view.