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etftalk
12-24-2009, 04:21 AM
I'm liking the March euro here (6EH10, currently 1.4340). It's kind of a play on a pullback in the dollar. The dollar is finding resistance at the 200-day EMA, while the euro is bouncing off of the 200-day EMA. Indicators are starting to point up also.

I'm using a stop below 1.4215, which was Tuesday's low, and the low of this correction.

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etftalk
12-30-2009, 04:03 AM
I'm liking the March euro here (6EH10, currently 1.4340). It's kind of a play on a pullback in the dollar. The dollar is finding resistance at the 200-day EMA, while the euro is bouncing off of the 200-day EMA. Indicators are starting to point up also.

I'm using a stop below 1.4215, which was Tuesday's low, and the low of this correction.

I couldn't take the heat. After a couple of up days, the euro dropped back below the 200-day EMA and I bailed.

Bullitt
01-02-2010, 01:59 AM
Yeah tough trade, especially with the crazy Forex leverage. What about playing with a long Yen trade on dollar pullbacks?