USDCAD long and EURUSD short still active. The former well into the money (not quite at my targets) and the latter pushing me in the red towards that 1.34 level. I will not be closing out the EU trade lightly, I am willing to take losses and even add to my position as long as we don't continue and break above the 1.342 swing high from June. Fundamentally EURUSD should be pushing lower, and we are at/near technical resistance levels. I'm looking at these trades with a 3-5 week kind of time frame. I don't fancy holding these through September and getting shell-shocked if the Fed decides not to taper. While the general consensus is that the Fed will taper... I believe the actual decision is very much still up in the air. That being said, i'm currently positioned to favor pro-taper sentiment and rumors, so bring the fire. I've also opened a short AUDJPY position.... something I really should have been in a bit more since early 2013... its the ultimate "we are going to hell" bet, and if we get a taper driven panic i'll be ecstatic. Some people just want to watch the world burn... because well.... it seems logical that it would happen.
Those are the only positions I have opened right now, I don't recall what happened with some of the previous trades that I never mentioned closing, but it will all be detailed in my monthly results.
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