NaughtyPines
Short

FXE/EURUSD -- WATCHING FOR THE SAME THING AS BEFORE

AMEX:FXE   GUGGENHEIM CURRENCYSHARES EURO CURRENCY TRUST
Okay, okay, okay ... . So I've griped on occasion about trading FXE             as the EURUSD             proxy (no volatility , not good for premium selling, blah blah blah). But I can't help but think that I might get an another opportunity to short FXE             on one of these weak dollar/risk off spikes. We're three points away in FXE             , so I might get a shot ... .

Keep an eye on the long-term horizontal resistance at between 112 and 113 and erect short call verticals with strikes clear of that level if we get there (e.g., 113/116, 114/117), assuming you can get a decent credit to do so ... .
Comment: In the scheme of things, we're not that far away from my "sell zone."
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out