EUR/USD DAILY
Hello Traders, EUR/USD weakness = $USD Strength, which = Commodity weakness. Gold and silver may stay strong due to the Greek measures going on right now, but looks to be playing out. We are in a tough tape with grind action starting to go both ways now. Luckily we have been nailing it right and been on the ball not falling in love with either side. We sold most of our USO July 38x puts this morning on lows for a gain of over a 70% profit in one day. We are now holding the rest break even( Entry .90 ) and will see how it plays out. The /ES S&P 500 is sitting on some support from the 200ma, but that means nothing if you guys are trying to get long the market. Trend has been lower and the market just feels uneasy. So be careful out there and just play what you see, not what you want to believe.
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