Trade Ideas

Time for small and nimble positioning in FX markets

Yesterday’s moves showed us yet again how unpredictable the markets can be and that big moves in either direction are very possible. I’ve greatly reduced my overall positioning (now only moderately long USD/CHF) and I think it’s a good time to sit back and wait for extreme spikes to give trading opportunities.

  1. Hi Karthi, I’ve written a lot on both GBP and CHF today if you scroll thru old stories. In short, risk-off sentiment getting v strong so prefer to wait a bit until mkt settles be4 buying back in

Leave a Reply

Your email address will not be published. Required fields are marked *