13 January 2010

EUR/USD : Squeezed Out

  • What is obvious, is obviously wrong.
  • Squeezed out of short USD positions everywhere (vs EUR, GBP and JPY). My position sizes were a bit too large for this time of the year.
  • Worst start to a year ever.
  • Perhaps now the USD will be able to rally.

2 comments:

ryan said...

HI TS,

It's really tricky this year. Not sure what card the markets will be playing. i'm quite puzzled...

Taichiseal said...

Almost makes you want to believe that the right way to trade is to take your profits quickly and run you losses ..