Duh! Long the 2yr note and long the Dollar don't work. My Dollar position got stopped out for a small gain. Waiting for the smoke to clear in dollarville.
When it goes up, it's going higher; when it goes down, we're going to correct more -- not exactly beneficial to the account equity. When exactly are you placing your bets, at the open of the next bar?
Was long and closed out with a small profit. And one needs to read my blog to get a more timely count http://spaces.msn.com/caldaroEW/
Hi Steve, It appears the January rally, unfortunately, was corrective. And, this is the reason for the volatility of late. Plus, when the 2yr rallies they seem to sell the Dollar to buy Euros. Thus, I'm labeling it a B wave rally and a retest of the lows is now next. Which will be another good buying opportunity...
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