Ben Bernanke Bonds and the greenBack

Duh!

Long the 2yr note and long the Dollar don't work.
My Dollar position got stopped out for a small gain.
Waiting for the smoke to clear in dollarville.
 
When it goes up, it's going higher; when it goes down, we're going to correct more -- not exactly beneficial to the account equity. When exactly are you placing your bets, at the open of the next bar?
 
Hi Steve,

It appears the January rally, unfortunately, was corrective. And, this is the reason for the volatility of late. Plus, when the 2yr rallies they seem to sell the Dollar to buy Euros. Thus, I'm labeling it a B wave rally and a retest of the lows is now next.
Which will be another good buying opportunity...
 
Quote from steveosborne:

I agree with your timing. I think the dollar will go down this week (as bonds go up).

Okay, I'm a FED watcher now
Subscribed to their email alert service for all announcements
 
Quote from gharghur2:

Okay, I'm a FED watcher now
Subscribed to their email alert service for all announcements
Not all important speeches will be posted at www.federalreserve.gov. Speeches made by presidents of regional Federal Reserve Banks are posted at their respective Bank's website.
 
Back
Top