AdamFx42's Blog

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Lost my USD shorts today

I closed my Usd short positions today after a big drawdown

I decided to give up on my Usd shorts after a 70+ drawdown on capital,
putting me back at my starting position of 100K
I am going to focus on Aud and Nzd longs again now,
buying them from lows
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Curious to see how my USD shorts will do

I am looking forward to finding out how my Usd short positions will do this week

I am short UsdMxn, UsdTry and UsdZar, looking for retracement from highs and recent
strong move s up - especially on last friday
UsdMxn has retraced quite a lot, and I managed to sell it just below highs
so I was happy with that trade
I am curious to see if I am right about selling the other crosses, too
UsdTry and UsdZar have stalled at the friday highs - which looks good for me,
but I will need them to move down …
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