I don't like to short, and my best risk reward is to trade the dollar long, USD/CHF almost mirrors the dollar future index. Always looking to get long on something that has been falling for many years. The dollar fits that bill.
USD/CHF has a nice positive divergence on its monthly chart, along with a possible signal line cross. This is meaningful
on a monthly chart. The signal wont be confirmed until month end.
Stay tuned!
Corporations ship jobs oversees to pump up profits, and a weak dollar helps to. corporate leaders cash in their stock options and make large contributions to the politicians. Around and around it goes.
It really is that simple.
Seems like the market is running in place. The Dow is up a whopping 40 points for the year. Wake me up in November.
I no some will say they are making a killing with these intraday
swings, but we all no how hard it is to do that constantly.