Time to dust the tinsel from the charts and have a look at some of the majors.

In-between infusing my power water with cucumber and Chlorella powder (good for the liver detox so I’m told) and tossing a few lettuce leaves (now you know I’m joking 🙂 )  EURUSD is acting perky .

In my previous post I explained my extra vigilance of Options over periods of low liquidity. We have another example in EURUSD . They are not huge in option terms, however we could see some end of year wishes and last minute balancing of books on the run in to the New Year .

I’m adopting the same strategy here as with the USDJPY.. Shorting into Eur last week proved a decent trade at the levels amongst some good two way traffic   —  Positioned short into tomorrow at 1.1880 – with the larger expiry down below..

My stop loss on the short trade above 1.1900 for today .

 

EURUSD-H4

 

 

Horatio Dubsly

Collects more scalps than Crazy Horse and newly crowned Bitcoin & Dow top calling master.
Philosophy: "Trading rules.....it most certainly does"

Read how Horatio got into trading here
Horatio Dubsly

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