USD index

Handle123 said:
Took me several stabs to find the highs, so all I can do now is add to my short position. I am very long term Commodity trader and will stay sometimes several years till completed, so I can't even think of buying till around 77-78 area. I exchanged third of currency account into Euro-currency from USD in late 2015 and trade Eurex instruments to boot in that account, have done so with 2 other currencies as well. An easy way to get money working without paying fees all the time, LOL.
More...

Found highs eventually late 2016/early 2017, have added on few times hedged, staying short and looking to add more. Might take a few years to drop to certain levels, and program just waits.
 
Did get back in to Usdjpy short around 1.0895. Also bought a little Aussie. EUR/Aud chart(s) looking a little weak. I think. Anyway been waiting awhile for Aussie, Nzd to really rip. I think it's that kind of market. Still short Usdcad biggest position.
 
Flat all around. Market seems kinda funky all of a sudden. Just not moving the way I expected. I'll wait and see. I didn't realize there was selling in equities, and Asia down now too. Might be money moving back to USD, at least that's the classic case.
 
You must log in or register to reply here.
Back
Top