Friday, September 23, 2011

A View of the Euro

As promised here are the Euro charts. Below is the Currencyshares Euro ticker FXE on a daily basis. Quite a ways to go on the downside here with the trendline break.

Next up is a daily view of the Proshares Ultrashort Euro ticker EUO. I love that gap up thru the 18 area on the 9th on heavy volume, shook everyone out who bought it only to power higher yet again.

As promised here are the Euro charts.

Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".

Open Positions:
Long 1 unit Direxion Large Cap 3X Bear ticker BGZ @ $96.70
Long 2 units Direxion Small Cap 3X Bear ticker TZA @ $60.30
Long 1 unit Direxion Emerging Mkts 3X Bear ticker EDZ @ $60.50
Long 2 units Direxion Financial 3X Bear ticker FAZ @ $98.25
Long 2 units Ultrashort Xinhua China ticker FXP @ $42.45
Long 1 unit Ultrashort Real Estate ticker SRS @ $49.10
Long 2 units Direxion Tech 3X Bear ticker TYP @ $52.60
Long 2 units US dollar Bull index bullish ticker UUP @ $22.04 stop @ $21.17
Long 2 units Ultrashort Euro ticker EUO @ $18.87 stop @ $17.44

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