USD index

[Cswim63]

Bought a little Nzd .7208. It pretty much refused to go down this past selloff.

 

[Cswim63]

I always make the mistake of trading into the London close. 10-12 eastern time is hard to trade.

 

[Cswim63]

Still holding long Euro from higher levels,got stopped and reentered with a smaller position. Still long Nzd added lower in the 80s. Trying to hold on here as it looks like there was a pretty good shakeout both sides, dollar going lower now. That's my story and I'm sticking to it.

 

[Cswim63]

Lots of volatility for Asian session. Traders being shaken out.

 

[themickey]

Lots of volatility for Asian session. Traders being shaken out.

https://www.marketwatch.com/story/asia-pacific-stocks-take-a-dive-on-weaker-us-dollar-2018-01-10

 

[themickey]

How's this for a chart...
https://www.barchart.com/stocks/quo...=0&sym=$NZD&grid=1&height=500&studyheight=100

 

[Cswim63]

Thank you. Aussie leading this evening, Nzd trailing. I usually buy or sell a bit of both if they are moving, as I can never tell which one will keep going.

 

[Cswim63]

Wow. I guess money is flowing to the periphery.

 

[Cswim63]

No offense to the Kiwis here, Piptaker, Victory Country etc.

 

[Cswim63]

I believe the news out of Japan hinting that they are trimming slightly spooked the market. Usdjpy on the retrace now, but some damage done. I believe this may be holding back Euro a little. That 1.1940 still holding. Tried to sell it on the London open last night and just got out even, so it should be ok on the long side. Not a fun trade so far.