Dollar strength today off of Chicago PMI? Is this a one off? Good entries in ES, AUD, /DX itself are available if so.... Opinions??
It seems because of the threat of intervention (Q.E.), positive news means that intervention is less likely therefore the dollar rallies therefore the stock market falls. Is this correct? It seems counter intuitive
AW. Why were you not going long today? How do you generally semm able to avoid the big drops and get in at the good numbers? ill sdd long at 1130
No surprise. CFTC COT report shows EUR non commercials are long. Means, be long USD. At least for me ;=)