Friday, April 19, 2013

Still stuck in the mud

Quick update.

Both the Citigroup and FXE weekly Reverse Iron Condors for the week of 19 Apr have failed.

C spent the week chopping above and below $45 and ended at 45.03. FXE spent the week chopping around 130 and ended at 129.47.

Life beckons this Saturday. I will do a full post later on in the weekend.

I have a different way to play the currency ETF's that I believe will increase the odds of a postive outcome for the RIC trade. For Citi, I have changed the way I look at the strikes that I use to enter a RIC. More on that later.

May the profits always find you.

STT

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