A little harder than I thought to post and trade.
So next time will trade it and be done with it.
Anyway ...I held into the numbers, not because of the numbers but because of the Euro in a slide away.
No matter what the numbers are the market would be a sell if the euro can hold up.
That's why even the fed donated $600billion Xmas to the EU to prop and buy euro bonds and the Euro..
So for the first trade I closed out at 1262 which is a nice 11 handle profit.
Banking and enjoying.
While I do see more downside when you look at the risk associated with obtaining that reward its not really valid so, happy to wait.
So next time will trade it and be done with it.
Anyway ...I held into the numbers, not because of the numbers but because of the Euro in a slide away.
No matter what the numbers are the market would be a sell if the euro can hold up.
That's why even the fed donated $600billion Xmas to the EU to prop and buy euro bonds and the Euro..
So for the first trade I closed out at 1262 which is a nice 11 handle profit.
Banking and enjoying.
While I do see more downside when you look at the risk associated with obtaining that reward its not really valid so, happy to wait.
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