USD index

Wow nice move. I missed it. Even at eight this am I was short Nzd from .7238, but scratched it when it wouldn't move. That .7235 level seems key now.
 
The hardest part of these short covering runs is to resist the temptation to jump in after it's run. There's no good pullbacks to enter. You'll probably see a spike at the end.
 
Haha that's funny I just read my post haven't been here in a bit. Been scalping the EUR from the long side. Missed just about all of the down move in the dollar, still managed to take some money out of the market. Feels so good to have liquidity after the summer doldrums. Much tighter, and wasn't really used to it. Mostly just watching, as I don't want to chase, and I really don't want to be short anything against the dollar right now. Market has had a good move, going to let it consolidate a bit. Moved my size up a bit today, still playing it close and letting a few out as soon as they turn green. Nimble just feels better.
 
Out on the push up/down. Maybe it'll continue but I don't like hanging around against a very well established trend like that. Still a nice way to start the week. Hard to buy the USD Jpy after the gap up, but the tape was holding after the first push down. I know because I was short Aussie yen and I saw the yen just stop going up. Sometimes the best trades come out of spread trades like that (crosses).
 
You must log in or register to reply here.
Back
Top