Re: Short 1 Sept. Euro at 1.4529/Ronbo
Hi Ronbo;
If you're able to trade stocks/ETF's, then EUO is an ETF worth considering. It's the double-short EURO ETF and you can bite off as much risk as you want depending on the number of shares bought. I'm currently long from 16.63.
In general, people have a bad opinion of leveraged ETF's. This is primarily a result of the 2008/09 finance crisis when indexes and commodity markets were jumping up and down 5-10% every few days. That is when lev'd ETF's can hurt you even if you're positioned correctly. Otherwise they're OK provided, of course, that you are positioned correctly and volatility remains under control.
Keep up the good trading,
EA