Dollar up, stocks down, gold up, commodities making the turn, growth sequentially slowing and expected to slow further through Q2, deflation ahead in commodities, but oil remains a problem meanwhile the fed is hiking into slowing growth, we are in for a wild ride in Q2 while interest rates rise. In any case, want to remain long dollars, long gold, short most equity sectors, short commodities as they top and peak after their 18 months plus run-up. Im not selling the EUR\USD here but looking to add to the short position if we see a rally to near 111.40
Trade closed manually:
Taking profit in SOME, not all, previously existing short position and will look to open trade from the short side again on a rally.
Trade closed manually:
Closed all but a small amt. 2 lot minis. Remaining short on small portion.
