My strategy to go long Usd before the Fed rate rise is not paying off
I went long Usd/Jpy and Usd/Chf again yesterday and suffered overnight (again)
Usd/Jpy seems to be going down to test support line
and drags other Usd pairs with it
I awoke today 40K down with my Usd/Jpy, Usd/Chf, Usd/Nok and Usd/Sek longs..
At the start of the European trading session Usd seemed to recover, and it was looking good for a while
Only a very short while though ....
An hour later the news came that Sweden held rat…
I went long Usd/Jpy and Usd/Chf again yesterday and suffered overnight (again)
Usd/Jpy seems to be going down to test support line
and drags other Usd pairs with it
I awoke today 40K down with my Usd/Jpy, Usd/Chf, Usd/Nok and Usd/Sek longs..
At the start of the European trading session Usd seemed to recover, and it was looking good for a while
Only a very short while though ....
An hour later the news came that Sweden held rat…