USD index

Patience, patience, patience. I'm so busy with other stuff, I don't have time to focus on trading. On the other hand, I can't overtrade that way either. Lately that's been more of a problem.

 

Watching usdjpy here. Very triangulated. Breakout should be here shortly.

 

Short Euro 1.1575. Take a look at Eur/Gbp 4hr just for fun.

 

Why short, trade wars are long-term bearish signal for dollar, just wait for bad effects to surface, this will happen quite soon.

 

Cause we don't trade long term or funny-mentals.

 

I think that qualifies as a weak rally. Still short Euro from yesterday. 1.1575.

 

Euro now tightly wound 1.1588. It feels to me like a big move is imminent. Just don't know which way. Gold breaking down this afternoon.

 

Aussie creeping down now, Kiwi

 

From where I sit, it doesn't look like we are anywhere near a bottom in Euro. I wonder what the sentiment readings are at this point. A few months ago there were record numbers of spec longs in Euro. Still short.

 

Nice , it'll make at 7200 at some point then see what happens