Completely incorrect. The other markets have the worst economic data and more terrible news as opposed to the dollar. The dollar will get stronger actually into the end of the month.
AIRFOREXONE
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@IllyrThrace, Thank you for the comment, we know that dollar will get strong but what about CHF ?
And after all it's about price action and risk management :)
IllyrThrace
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@AIRFOREXONE, CHF has to cut rates again. Per their statement in late November. Also their trade deficit grew per data recently along with lack of consumer spending. So your assessment is incorrect based on these fundamental facts
AIRFOREXONE
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@IllyrThrace, Great, we will se the result next week and in all case, we applied good risk management, so we ddon't worry about one sigle trade :)
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