There is an extremely profitable long-term short euro dollar position from the time when euro was trading around 1.40.  As of this writing euro is trading around 1.07.  Considering that forex positions usually involve significant leverage, the profits are extraordinarily large.

For those using ETF FXE,  FXE is short from $134.37.  It is trading at $103.50 as of this writing.  35% of the full core position size is still being held.  Partial profits have been taken.  The target zone remains $90 to $96.31.

We are likely to initiate more trade around positions while leaving this very long-term position undisturbed for the time being.

What To Do Now

Those who have followed us in this long-term short position have already realized handsome profits and in addition are sitting on large unrealized profits.  Consider continuing to hold.

Those not in this highly profitable position may consider simply focusing on new signals given on the Real Time Feed.

Trades posted on The Arora Report Market Blog have produced unrivalled performance since 2007.  Please click here and scroll down to see the table of all trades.  These trades have been scrutinized in real-time by thousands of subscribers across the globe.  This provides easy verification of performance for newcomers to this site.  Only those trades are included in the performance where the entry post was made available to subscribers to The Arora Report Market Blog.  When the entry post is made available only to the paying subscribers and not posted in real-time on The Arora Report Market Blog, the resulting performance of the trade is not credited in the performance table.  There are very nice gains on this trade but since the entry trade was not posted here in real-time, handsome profits on this trade will not be added to the performance of The Arora Report Market Blog shown on the table.