- Price action during the week has not changed the overall big picture too much from week before. Prevailing trends remain in place but may get a bit choppy before we see continuation.
- USDX : Pause in uptrend.
- US10YY : Lower eventually.
- S&P500 : Sell rallies.
- Gold : Close above 1226 = Good sign for bulls. Hang onto longs.
- World Cup finally here. Much happy. But going to be even more sleep days up nights than usual.
3 comments:
No cut loss on short AUDUSD trade?
Firstly .. as I have taken great pains to explain here, I do not run individual positions naked at the moment. The entire book of Risk Off is matched against a short USD/CAD = Risk On. Ok so the short AUD/CAD is losing a bit of ground but it is by no means disastrous.
2ndly, I get this impression that you get a kick out of seeing someone lose money. That's so sad.
Haha, you are over-sensitive. I do not get a kick of seeing someone losing money.
I asked you about shorting AUDUSD because I respect your trading style.
In addition we share the same view on AUDUSD, I wanted to sell AUDUSD as well.
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