I think I need to express my opinion. And I hope others will speak up as well.
I think we are seeing the change in several currencies at the moment.
What I have seen this week is the Dollar strengthen.
Which tells me fear has entered the market.
After fear comes panic and that's when all hell breaks loose,
It might be a early warning signal that all markets are starting to buy the Dollar and probably Treasury's as well.
If you bought USD/CHF your sitting pretty about now. The Dollar is in a big hole right now. But it's climbing.
Be careful of holding on to the AUD/USD, NZDUSD if you are a buyer, etc etc I think they are all in trouble, I usually wrong about market timing.
But change is in the wind.
I think we are seeing the change in several currencies at the moment.
What I have seen this week is the Dollar strengthen.
Which tells me fear has entered the market.
After fear comes panic and that's when all hell breaks loose,
It might be a early warning signal that all markets are starting to buy the Dollar and probably Treasury's as well.
If you bought USD/CHF your sitting pretty about now. The Dollar is in a big hole right now. But it's climbing.
Be careful of holding on to the AUD/USD, NZDUSD if you are a buyer, etc etc I think they are all in trouble, I usually wrong about market timing.
But change is in the wind.
Patience, let the trade come to you.