There is a potential USD breakdown in play here as we’ve been playing the short side lately – with great success.
Waiting for a bounce before re entering “short USD as well short risk in general” may not even be an option as USD pairs are moving fast and furious this morning.
You leg in……get a couple contracts here this morning long EUR, GBP short USD/CAD etc as to not miss potential “waterfalls” BUT…stay liquid enough to buy additional contracts “if” a bounce occurs over coming days. IT WON”T LAST LONG ENOUGH TO MATTER.
Average in for a medium term hold, or just a “great freakin trade” here short term.
Yellen openly suggests danger in equity prices………bubble popping time?
If you haven’t sold NetFlix by now……ugh.
Watch those little mining companies…lower USD means Gold and Silver UP.