It seems to me today could be a really good day for the fundie faders with the market likely to move both ways although the dollar should come out on top.
PPI numbers look to be dollar bearish and a spike in euro and cable is what I'm preparing for. The real money is going to be made on the reversal because the housing data seems to have a surprise side bias on the upside.
Going long now (hour and half before the release) on euro and cable and looking to take profits on the spike and go short through to the housing data being released and beyond.
Good trading to everybody.
PPI numbers look to be dollar bearish and a spike in euro and cable is what I'm preparing for. The real money is going to be made on the reversal because the housing data seems to have a surprise side bias on the upside.
Going long now (hour and half before the release) on euro and cable and looking to take profits on the spike and go short through to the housing data being released and beyond.
Good trading to everybody.