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Paul Koszarny · 09-04-2003, 17:56

EUR/USD dipped as low as 1.0675. Here (in Warsaw) we were short at 1.0760 and closed at round figure 1.0700. Two long positions were opened. The first one at 1.0729 and double the amount at 1.0691. The plan is to close them at 1.0805. Though shorts from 1.0760 was yesterday's plan, I was particularly anxious about them for some reasons and that's why the first buy was opened before the previous position was closed. We also closed shorts on EUR/PLN and USD/PLN, went long on USD/PLN but this trade is already losing money and will probably evacuate tomorrow. Dow Jones, Nasdaq, S&P500, DAX do as Romans do after bifurcation. Those volume signals negative for the markets and the high correlation with the dollar made me very nervous while sitting on EUR/USD shorts.

09-04-2003, 17:56	#12
Paul Koszarny Super Moderator Join Date: Nov 2002 Posts: 322 Downloads: 0 Uploads: 0 Rep Power: 0	EUR/USD mega volatility EUR/USD dipped as low as 1.0675. Here (in Warsaw) we were short at 1.0760 and closed at round figure 1.0700. Two long positions were opened. The first one at 1.0729 and double the amount at 1.0691. The plan is to close them at 1.0805. Though shorts from 1.0760 was yesterday's plan, I was particularly anxious about them for some reasons and that's why the first buy was opened before the previous position was closed. We also closed shorts on EUR/PLN and USD/PLN, went long on USD/PLN but this trade is already losing money and will probably evacuate tomorrow. Dow Jones, Nasdaq, S&P500, DAX do as Romans do after bifurcation. Those volume signals negative for the markets and the high correlation with the dollar made me very nervous while sitting on EUR/USD shorts.