There are two things I consider before pyramiding , how to mainatain an acceptable risk profile on the trade without running the risk of being taken out of the trade. Once I add a possition it also means reducing the position risk by adjusting my exit stops but this has a problem of tighteting...
oooh - i forgot all the jpy cross rates have topped out - aud/jpy, eur/jpy, chf/jpy, gbp/jpy, cad/jpy - there is no chance for the dollar against jpy - so dow/s&p gonna lose weight big time - no matter what fed does
The carry trade is unwinding - the yen is going only one direction thats up - look at the euro/jpy which looks like a Dow chart & gbp/jpy has almost 100% negative correlation to usd/jpy
Help me please - i trade just numbers,dont now anything about economics/fundamentals never seen pork bellies or soybeans or palladium just look at numbers - how do you know by looking at a Fed Fund chart that 40% chance for 75bp cut is priced in?really curious:confused:
Helicopter Ben had to spoil the party. Its a temporary setback, think about a FED chairman desperate to avoid a collapse - means there are deep cracks, soon fools will pay