CL Redux

Currently market is down because of unwinding on the USD carry trade which started early in the year. Even though the Fed has indicated that it will maintain its monetary policy for some time, I guess banks and bigger players are playing it safe near the year end. I wouldn't be surprised if we have a sharp upswing to $83-$85 region somewhere in the 2nd-3rd week of January
 
This seems so orderly for an unwinding of a carry trade. Remember a couple year ago around thanksgiving when japan was supposed to be raising rates the frickin AUD/JPN was swinging 200-300 pips. It was like heaven on earth :eek: -thats my O face
 
Here are my CL trades from today:
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