USD Finally Fails – Take Your Shot!

The US Dollar has torn higher for the past several days and general market sentiment would suggest that “no one believes it will ever fall”.

You know what usually happens next.

I’m taking another crack at it “short” here today with consideration that…..this may very well mark a final top in USD and set the stage for a considerable decline. I know I know…….but once you have a trade plan – you stick to it (to the degree that your money management will allow you to stay in the game). I’ve not entered new currency trades for quite some time now so “I too” need to see some action.


USD/JPY short…EUR/USD long…holding miners and buying weed.




2 Responses

  1. Scott December 20, 2016 / 12:05 am

    What was the turning point that made you short the USD? And LMAO at “holding miners and buying weed”!

    • Pot Stock Watch December 20, 2016 / 3:16 pm

      I saw the swing high yesterday, and envision this to be the last daily cycle in which USD continues to make higher highs.

      As well……see divergence in commods / miners that suggests a bottom there.

      These things dont always corelate in a single days trading but…..USD is extended and commods look firm.

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