After taking a few big hits on the EUR, I'm getting a better feel for the current conditions after a prolonged absences. Often it can be quite beneficial for a swing play to take an initial hit to establish the correct direction of the trend.
From a swing perspective, many of the major pairs are starting to look attractive for short term plays (short USD: 1-3 week). I will be waiting for further strength of the dollar, and waiting for more indicator and trend confirmation across the board before considering any shorts on the USD.
Pairs I am now considering:
GBP
AUD
JPY
AUD
and I have to reassess the EUR, but based on correlation I might as well add it to the list.
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Alexander Lê
Analyze Capital LLC
Managing Partner
email: le.alex48@gmail.com
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