USD index

Got stopped on long USD during the night. Note to self: try trailing stops on overnight positions! Anyway short EUR from 1.2417, long usdjpy 1.0867, long Usdcad 1.2337. Cad not behaving like it should, but I expect it to catch up.

 

I can't make hide nor hair out of the EurAud or EUR Cad longer TF charts, say 4hr. Looking for relative strength/weakness. Right now EUR seems weaker (??) So I'll go with it.

 

Rare move into London close. Usually it just chops.

 

Usdjpy back above 1.0880.

 

Now that's more like it!

 

Closed out waiting for tomorrow unless I see something really compelling.

 

Not looking too good for USD at the moment. Only shoe left to drop is usdjpy, failure above 1.0890 at the moment.

 

Looks like the fecal material just hit the fan. Short EUR Chf, Usdjpy, Aud. I've been in and out several times, so the levels don't matter as much as where your stop is and how much.

 

Flat. Covered everything when usdjpy hit support at 108.80. Wish they all could be like that.

 

Weird how you get these waves of panic, then it quiets down---an eerie quiet. I'm kinda thinking that the firetruck is at the house and the news crew is outside, so the worst may be over now. Unless some more ETF's blow up tonight and tomorrow morning. Which is a distinct possibility after a long, long period of low volatility. Funny thing about vol. It goes on like that for years then in two days the option market blows up taking out all that premium decay money and more.