There is something about the present market which is making me feel quite uneasy and I feel that some major volatility is about to enter the market. In very volatile times I prefer to have no major positions or views, and simply use the swings for good trading opportunities. I’ve decided to close out most of my core positions and have booked some very nice profits in EUR/CHF, USD/CHF and EUR/GBP. I’ll hang onto my small EUR/USD intraday longs from yesterday, because when I have a position of any sort I tend to pay much closer attention to what’s happening in the market.
