Disliked" Hi FF, Do you make any assumptions as to what major news events might do to the markets? Do you place limit orders for such assumptions? Could you further expand on how we should interpret "already priced in" news? What, in your opinion, caused the recent USD spike besides Trump talking the dollar down. Did SM ride this wave or was it caused by larger than usual retail positioning? Regards." Here davidman; {image}Ignored
Your charts indicate that there are huge stop loss accumulations way down so going short would be a pretty 'safe' bet. Will we see DM changing their bias because Trump continues to talk the dollar down?
Could you give us a clue as to how you would approach this. For me going short would be a no-brainer... but thats just me.
Regards