As you may know I took on the EUO Euro short again yesterday in order to hedge a potential US dollar bounce. A new leg
Well, a little patience goes a long way. I declared my wrongness for all to see because I like to do that. It reassures me
Here once again is one of those pleasurable moments where I advertise to you in big bright blinking lights that I was wrong about something.
As noted in NFTRH 616 yesterday, and with respect to the previous post about the Euro… I want to point out what looks like a
Per Sentimentrader, here’s the epic CoT alignment in Euros showing Commercial Hedgers burrowing southward in their net short positions. I patiently remain short the Euro
It’s been a long dirt nap for ole’ Uncle Buck. Down, down and down some more as the reflationary world has partied on with Wayne
Hold up. Nothing goes straight down forever. America, under the guidance of Donald Trump is actively seeking out its bananahood, but the technical and sentiment
Not only have gold and silver touched the target zones, they’ve smashed into and exceeded them. Gold hit 1974 (target: 1940) and silver hit 26.27
We have not checked in on the US dollar for a while, other than as part of last week’s monthly ‘big picture’ post showing Uncle
If we are going to note potential support for the US dollar, why not also look at a potential limiting point for its main rival?
After noting a re-buy of the UUP position on the USD pullback, a couple of sharp subscribers asked in essence “why UUP instead of adding
With the bottom and bounce stance on USD I feel I’ve been wrestling a bear. He’s got long, sharp claws and a gaping maw full
After reading the Macro Tourist and finding out I am not the only guy on the planet short the Euro I got the idea to
I have made no secret of the fact that I expect the US dollar to rally, but now it is time for Uncle Buck to