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The Euro That Got Away

Published 03/05/2015, 07:09 PM
Updated 07/09/2023, 06:31 AM
EUR/USD
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FXE
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In case you missed this subtle little character point, I really like shorting stuff. What breaks my heart is that I didn’t short the euro and just stick with it for the past year.

I was watching the triangle (NYSE:below) for a long time -- but when it broke beneath itself, I talked myself out of the trade as it had already gone down so far. Well, umm, it didn’t really matter, did it? Because when you’re dealing with monster-huge patterns, the power behind them can make the moves already in place seem immaterial.

Try to remember and I’ll do the same.

Rydex CurrencyShares Euro Currency

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