Possible that the markets bounce and vix will lose steam from here. Short trades are crowded.
Not so sure we will visit the lows here.
This can turn on a dime with a dovish FOMC, and I think it will. Fed funds rate going up but forecast for 2019 will be downplayed.
Looks like a break to the lows then back up. COULD BE a big fake coming. Everyone expecting market crash when fed increases. Its coming, we know it, priced in. What will send the market up is when the fed pulls back on 2019 forecast.
Vertical red line is FOMC... let's see what happens
Opening a short a little early... breaking the rules again
If USD starts to flounder at the 97.5 level this may work out nicely.
Will be interesting to see how this plays out. Looks like a Santa rally coming?
Broken through the last support level until $3,000. That I believe will in fact be the bottom we have all been waiting for. Big money wants it cheap and they want a whole lot!
I expect some USD strength over the next month. Just posting to watch, no position unless it plays out.
EURUSD looks like it will have one last push down to test 1.12 level before a major move to the upside. Fed rate decision is on 12/19 and I predict a dovish outlook. Assuming that, I will be moving long EURUSD after the meeting.
Fed rate decision is lining up with the end of this rising wedge. I'll be short.