I'll follow up, this just doesn't have the potential for opportunity I was hoping it would have and a gap fill is looking pretty likely, I don't see any reason to have that open risk out there without the high probabilities of reward matching or exceeding that of risk.
FXP is still a position I'm interested in, I'll post charts of these soon, but for now, I want to clean up and raise dry powder so I'm closing the FXI long trading position.
Is interest rates about to start going up?
-
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
No comments:
Post a Comment