Interest rates aren't meaningless. I'm not even gonna go into that one. Tomorrows interest rate announcement will most likely create volatility

EURUSD

Short GBP/USD — Selling a call on the GBP/USD @ 1.45 to expire on the 12th of February. Premium payed to me $1,820. Will cover position on a break above the 1.45 region. I will most likely look for a close on the daily chart above 1.45 before ...

Cable Update (GBPUSD)

Trade # 3 — Short Spot position on the GBP/USD 1.4462. Targeting 1.37 region looking for about 800 pips. Stop Loss at 1.46 or a close on the daily chart above 1.45. If such a movement occurs I will then reverse my spot order to cover the call ...

Maxsmarts Trading Journal and Discussion

Stimulus — Anyone know when the next vote is on the stimulus?

EURUSD

Trade #2 I will post. — Selling a call on the GBP/USD @ 1.45 to expire on the 12th of February. Premium payed to me $1,820. Will cover position on a break above the 1.45 region. I will most likely look for a close on the daily chart above 1.45 ...

Maxsmarts Trading Journal and Discussion

COT — I'm really curious to see what the COT looks like Friday.

EURUSD

up 400 pips on my cover. and 130 pips on my short call. -300 pips on my put at 1.30 (I should have gotten out at 1.2540 but i was greedy). For a grand total of 230 pips.

EURUSD

I'm glad i started covering my positions at 1.2970

EURUSD

Risk appetite returning. — dow down 300. Eur/usd down a little bit...Risk aversion doesn't seem to be as rampant as past weeks. Risk appetite seems to be returning. I still think however, that volatility should return soon and the breakout of ...

EURUSD

I didn't say I was going short I said i was covering my shorts — I didn't say to short. My quote said that I would cover my shorts. I will start going long on a break above 1.2950 to cover my short call @ 1.33 on this pair. lol..I guess every ...

EURUSD

if we get a break of 1.2950 , I'm going to start covering my shorts.

EURUSD

Potential Head and Shoulders — If we get a rejection here at this 1.28 level we could have the forming of the right shoulder of mini head and shoulders pattern on the hourly chart. (Still holding my put from 1.30 till it reaches the bottom of ...

EURUSD

Still short — Are you still short? where is your stop loss?

EURUSD

Interesting market movement — I'm still in my put @ 1.30. But the dollar hasn't reacted as strongly to the risk environment as usual. I'm still targeting the bottom of the channel however, and then I'll possibly go long down their depending on ...

EURUSD

I don't neccesarily think that the put is going to expire in the money. but i'm pretty sure it's going back down to 1.2450 in the next 23 days. Like i said I'll probably exit my position before expiration as soon as my profit target is hit at 1.25 ...

EURUSD

not worried about losing my premium — No, I think that we are at key resistance, definitely don't expect the rally to move past 1.34 in the near future. And I can sell the option back and close out my posifition if need be at any time for a ...

EURUSD

Short — I'm buying a put @1.30 to expire on the 18th of December. My target is 1.25 for 1.2450 for 550 pips. If the pair moves up to 1.32-34 area I'll buy another put targeting 1.25 for 700-900 pips. With the high levels still on the Vix I ...

EURUSD

You can trade options so that you have a fixed amount of risk with unlimited profit potential and avoid getting whipped out of your position, or sell options and get paid the expensive premiums of front caused by all this volatility in the market.

EURUSD

channeling — With last weeks bounce I think we might see some channeling between 1.2450 and the 1.30 region. I'll be buying puts at the 1.30 region, selling calls at about that region and taking profit at 1.25. until there is a breakout.

EURUSD