USD index

Aussie bulldozing it's way higher.

 

A strong correlation between AUD & CAD, both resource economies.
https://www.barchart.com/forex/quot...=false&axis2=false&axis3=false&isComparison=1

 

Flat. Out of Euro 1.2030, Nzd .7230

 

Gone very quiet here! What - USD going nowhere, is that the problem?
Not one little peep about the best move seen in town for some little while.
Pffff, what's a 1% move....

 

Traded USD Cad short side from 1.2540. Was doing really well, with a little Aussie thrown in. Made the mistake of not closing out before release at 830 est, rode it all the way up and back down towards 1.2500. Made $ but overall it wasn't worth my nerves. I ought to know better. Still learning. Haha. I don't know what happened to the Kiwis. They haven't checked in for awhile. So just us.

 

Seems to me like the markets are pretty much red hot right now. The only thing missing is some serious volatility. I'll be looking for it to pick up soon. I don't know if all the signs are there, but I see a few. Like the Dow Jones covering lots of ground very, very quickly with no consolidations in between. I'm not calling a top, just sayin'.

 

That was a really good week and I'd like to hold on to some of it. Which means under trading.

 

Ive got nothing right now. Just waiting for things to reveal themselves. Also, just myself I think it's a little bit dangerous right now. Anytime markets move that fast, that hard they can slip just as hard out of nowhere. So I'm watching.

 

I'm short USD against Euro, Jpy, Cad on the NY open.

 

Not a very comfortable position all of a sudden, but only thing going against me is usdjpy by 10-15 pts.