Sometimes, if it walks like a duck, talks like a duck, acts like a duck, it actually is a duck. Heh heh.
Finally made a few back short usdjpy under 1.0940, usdcad under 1.25. A better end to a poor week. Hurricane Harvey has strengthened. Should have some effect on things come Monday. I don't think it's been fully discounted yet. Look for oil, sp to sell. Further down pressure on USD?
Long AUD .7942, NZD .7246, short usdcad 1.2474, usdjpy from 109.25. All small except usdjpy. Ordinarily I would expect Monday chop but since last week consolidated most of the time, we may run a little today.
Keep long USDCAD from 1.2510. Do you think I should close this position? Dollar has no chances to rebound?
What do you think? It might, but it's not showing hardly any strength over many many periods. I would get out and think about it awhile. That's not how we trade.
Out of Usdcad at 1.2477. Added to short Usdjpy at 109.20. Out of Nzd at a loss around .7234. Just couldn't hold on. Still think it's going higher.