I don't know. But it seems like we may have bottom around 1.2100, with comfirmation of a reversal at around 1.2195. USD/CHF will comfirm a reversal below 1.2700. So...
As you correctly pointed out, those tax-free profit repatriation is the most significant factor in forex nowadays. Nevertheless, in most cases, those funds are already in USD (won't need to be converted from other currencies to USD, just wired back to US).
OK, I am short USD/CHF at an average price of 1.2781 and long EUR/USD at an average price of 1.2140 Stops are still away from current price action, let's wait and see first. More later... current: USD/CHF 1.2759 EUR/USD 1.2169
my short EUR/AUD is just THROWING money in my lap!! can't keep any trades open before they go into profit! wft?
dude, you got BALLS! If it was me making those trades I'd call 'em suicidal! especially before the Fed rate? fck...
so, what's your stops zone... I like you're call if we cross the 1.2180 zone... It would be an shaked session, i hope..