USD index

Cswim63 said:
1.1870-75 key in EUR. Finally might get a push lower. Then the dam might break. I just read that there are a very very large number of shorts USD. Potential for panic here.
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Yes like I said a few weeks ago smart money were taking profit on usd shorts and your right there will be a large amount of late shorters
 
Usdjpy still holding down. It looked so good for a long, then reversed on North Korea news. Market still doesn't like it it seems. Wouldn't surprise me to see a further sell off in equities globally. When big trades get unwound the equity markets react.
 
Flat. Exited Euro 1.1810 when it stalled after London open. That was last remaining position, the only one that worked for me. Up but gave back much in mistakes. Whipsawed in Jpy. Stopped myself in second GBP short as it ran up to 1.3480 last night. Not clean moves till this am, which I missed. Waiting for the next retrace. . .
 
Thanks Pip for your help. It does make a difference. I noticed that when I post my trades, and I don't always do so (mostly to my detriment) it makes it easier to manage them, especially the bad ones. A lot harder to try to bury a bad trade by ignoring it. Yes I have stops on everything but often close way before if it isn't working. Just putting it out here for everyone to see somehow helps. I've encouraged several struggling (?) traders here on ET to do the same. Plus sometimes you get an unexpected heads up, like the German elections Sunday (my) night. I was busy driving and didn't notice.
 
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