Forex 2nd quarter trades and discussion

Short against the Lb using the Canadien buck? what reasoning do you have on that one?

You have one perceived stronger economy and one weakening..

Of course my trade gets to the point of win or lose and again it loses.

I think its been 3 times where I am to a point of TINY profit, and I keep letting it ride to see if I can push to a real win and it keeps reversing on me..

Based on the USM drop, the forex drop should have been more severe..much more severe.

So my takeaway from today is the selling in the markets is probably more tax based and not due to economic issues..which is why the Forex did nothing relative to the stock market..but if tomorrow is more of the same today I would expect a much bigger Forex move...

I am slightly profitable now on my long long trade..kind of considering covering because it seems every single morning they buy risk into the US market open...

Ran up early then down and back up but not as high as the top earlier...

Well the FED minutes kind of squashed the USD move..and rightly so. I never understood why they were running it with no growth, no inflation and the FED constantly back peddling..sometimes momentum can be wrong for a long long time..and that is for sure the case running it over 103 with so much uncertainty and time before anything serious happens rate wise.

Yeah it is moving, but given where the markets are it is not anywhere near I would expect. The pound is SUPER strong which is keeping the pair up.

I am considering taking profits even though I want more for the long wait I have dealt with.

Some off topic comment out of Japan about potential stimulus and they reverse the NAZ 2% and the rest of the markets over 1%..