IvanLabrie

USDARS: Fellow Argentinians, sadly the dollar rally continues...

Long
IvanLabrie Updated   
FX_IDC:USDARS   U.S. DOLLAR / ARGENTINE PESO
The target here is big, but it could go even higher depending on how it acts. I'd reccomend to divest positions in local equities and bonds, and get exposure to US equities and the dollar, or pairs like the dollar/yen.
After this next top, we could see a bigger correction in the dollar accross the board though, so I want to be ready to capture the reversal, in particular by going long gold once we have full confirmation, which may come by September.

Best of luck to us all,

Ivan Labrie.
Comment:
I had anticipated this jump a few days ago:
s3.amazonaws.com/tra...shots/y/YJdk7M9X.png
Trade closed: target reached:

Target was hit.

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