I'm going to go ahead and enter FXP long, 2x short FTSE China 25, it's at the rough area where I wanted to enter it and the charts are just deteriorating.
I list it as a swing/Position trade because it does have fairly good swings, but my longer term outlook as a position trade is short FXI or long FXP.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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