Thursday, May 13, 2010

The Euro is One Sick Currency: Multiple Sell Signals Triggered; Huge Profits on Straddles

The Euro is touching 1.24 USD. This is one really sick currency after the $1T bailout package. Take a look at the sell signals generated by the MarketClub tool (access tool trial).

Euro in USD:

(please click to enlarge images)


FXE longer term (1 year), way beyond Fibonacci retracement levels:


And here are the results of our FXE straddles. Straddles continue to hugely profitable.

Posted April 14, ROI +238.15% (that's 3.3X):


Posted April 21, ROI +165.05% (2.6X):

Computed with StraddlesCalc Tool

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