lol i figured. That would be miserable to get caught out on a top after being short. I would just wait for negative sentiment in markets with nice PA confirmation on dailies. back to 0400's or so.
that's exactly why i don't like being short unless markets are in fear mode for a quick play when you get unwinding of carry into safe havens. better to play a range long in aussie for just the carry then be short and going nowhere with swap against you.
yeah, that's what more knowledgable traders told me when I got short, that the carry trade would probably hold
Wut? Refresh my memory as I've slept exactly 11 1/2 hours all week. Another sleepless night tonight, but I'll crash after the close tomorrow.
ok nap nap time over. damn, that is champion status... I have a bit more but not much you said something like, "I still believe we trade to a NH next week, but otherwise a bunch of inside days. Vol should drop to 15.00 on VIX. Euro will be tight too."
i stick with my call before, we test highs on risk across the board... If euro isn't capped 2450's... 2500 or so is next stop but I feel like there are sellers in wait. and eur/gbp and eur/aud weighing on euro...