Today, suffice it to say, was not a good day for me in the market. I started the day still holding my short position from yesterday and missed an exit due to sleep. The position could have still been closed for a profit but I didn't see a reason to leave money on the table so I waited for it to creep back down again. Unfortunately I didn't foresee the Swiss National Bank making the decision to forcibly depreciate their currency so as the EUR/CHF started to rise I opened 2 more short positions at 1.4837 and 1.4877 expecting to catch a strong retracement back down. Then it happened. The price went to 1.5157 with a quickness where I decided to put on yet another short because, seriously, how high could it go in 1 day? Anyone who paid attention to the currency market today will know that it peaked above 1.5300! So the 3% of the time that the EUR/USD and USD/CHF are not inversely correlated happened in a big way today because of the actions of the Swiss.
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