ridethepig | EUR Fast Flows

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📍 Road to mastering 1.150x of Eurobonds play
(schematic representation of the macro swing)

ridethepig | Eurobonds Positional Play


1️⃣ Counter the false conception that every single risk-off flow has to produce an immediate USD effect; waiting moves and underlying MT / LT game changer positioning on the macro front are also totally justified now that Europe are making steps towards mutualising the debt!

2️⃣ Recognise the idea of a 'second wave' in the virus as being the key one in this positional swing! With this in mind, struggle to prevent freeing moves beyond 1.15 / 1.16 this year and in doing so any dips from disorganisation of our opponents, should be strategically bought.

3️⃣ Have tremendous respect for the Fed devaluation strategy; avoid any premature moves to counter downside (outside of EM and GBP) and try rather to operate under the watchword of momentum.

Dollar Focus


4️⃣ Aim for total mobility to the topside in 2021, but not for the individual mobility of every single cross.

5️⃣ Get used to considering the control of the bid as a "matter of importance"; do not let unaware sellers at the lows be decisive.

6️⃣ What is important for the macro positional flow is not the attack, nor even the barrier, but only compression.

Ghi chú
A soft close here, 1.120x barely holding but managing to keep a grip at the end. Will be a close call, Tokyo might settle this.
Ghi chú
Eyes on euro moving as collateral from BOE flow ảnh chụp nhanh
Đóng lệnh: dừng lỗ
Stops could not hold the outflows after BOE. We can re-open this next week before markets break away for the summer.

ảnh chụp nhanh
Beyond Technical AnalysisdollarecbEUReuroEURUSDfedlagardepowellridethepigTrend AnalysisWave Analysis

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