Edited by SilentOne, 21 September 2009 - 05:27 PM.
USD Dollar Index
Posted 21 September 2009 - 05:22 PM
Posted 21 September 2009 - 11:47 PM
Posted 22 September 2009 - 09:22 AM
Edited by SilentOne, 22 September 2009 - 09:26 AM.
Posted 23 September 2009 - 02:17 PM
Edited by SilentOne, 23 September 2009 - 02:21 PM.
Posted 24 September 2009 - 10:48 PM
Added an inital position in UUP here at 22.61 this afternoon. My mental stop is a Euro (EURUSD) close over $1.50. Will add on confirmation of a reversal in precious metals.
Good trade, John. Hopefully this doesn't reverse at 22.95-23. I'm thinking very short term here.
Posted 25 September 2009 - 09:20 AM
Hopefully this doesn't reverse at 22.95-23. I'm thinking very short term here.
Yes, one has to expect a retest or new lows for UUP. I see the CADUSD bouncing off a trendline this morning. I'm looking to sell the CAD here next week if this does prove to be a good turn in all risk assets. I'll be adding to UUP then. Expect major volatility soon.
Edited by SilentOne, 25 September 2009 - 09:23 AM.
Posted 25 September 2009 - 12:56 PM
You will probably know by mid-October the scale of the coming USD bounce.
My read is that the EUR/USD pair still has to make its 4.5 and 9 year lows next summer. And thus why I am generally bearish equities until we get past that point in time.
P.S. Chart borrowed from here.
Edited by SilentOne, 25 September 2009 - 12:58 PM.
Posted 25 September 2009 - 01:07 PM
Posted 05 October 2009 - 10:50 AM
Edited by SilentOne, 05 October 2009 - 10:53 AM.
Posted 05 October 2009 - 02:25 PM
Edited by SilentOne, 05 October 2009 - 02:30 PM.