Thursday, June 7, 2012

New Trade: EURO

Shorting the EURO on 20k here at 12533:  The EURO made a 300 pip rally off a low, but The last bar is a fade.  I have a stop above the day's high.   And I've been drinking a 7.1% alcohol content beer, so That may explain some things.  BTW "Fat Weasel" tastes better after 1.

Closed: the following morning at 1.24584 for  $150.  Lesson: even putting on a trade after two beers can work if you are trading in the general direction of the trend with a stop in place.   This was better analysis than some stone cold sober analysis.

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