Quote:
|
Originally Posted by faure
I see on your blog you are long both eur and chf against the dollar. It seems to me you have the same position on with twice the normal position size since they are both extremely closely correlated. Why not just pick the stronger one of the two and go with it?
|
The reason being is that at the time the chf was the one moving more if you look at one week volatility in the options whereas the euro was stuck in a very narrow range, by middle of last week euro vol picked up and both trades ended up going with the euro actually outperforming in the crosses. Eur/jpy, eur/gbp etc.....
See my blog, you'll see my targets etc...
http://wolfecapital.blogspot.com/
Licensed Brokers
Linear Mode
