FX:EURUSD   Euro / U.S. Dollar
17 0 0
ON my previous post I mentioned that I went short on the EURUSD             on the break of the ascending trend-line.
The beauty of this position is the strategy I used. Volatility levels were high in this currency pair which gave opportunity to sell some call options at a 1 standard deviation (around 1.11). Even though the price action went against me by over 100 points, because of the position I used I am not loosing money and providing that the EUR/USD             is not above 1.11 in 40 days time I will make a ROC (return on capital) of 50%.

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