The current 10MM is there solely for the touch of 1.32 as I am short the touch of 1.32 for $28/40. I stated earlier today that I plan to short it again, at higher levels.
"I have reconciled taking heat on tariff-reduction, but feel I am going to make 7-figures over the next two years shortthe USD" That's what you said in your first post of the thread. I shared my long term view based on interest differentials and now you shit all over the place because your benchmark needle moved by 1% (in fact it's not even down 1% since you issued the call) . Relax mate, or are you in dire need for recognition and a pat on the shoulder? Am happy to concede to be wrong in my view when US rates are below Europe's and the rest of G7 and the dollar is on a race for the bottom. But hey, congrats for making some dough on a 0.6 or 0.7 percent move.
You're in dire-need of being right. Mkt says you're wrong. Again, I stated I will short again from higher levels. I am 10% closer to that target PNL.
Yet your original post clearly pointed at a long term view. 4 days later you had to pull the trigger? Funny. By the way you still have not posted the promise Screenshots that show 1.5 to 2 pip wide spreads on 100 million notional. Not on 10m but 100m as you claimed. Good luck to your trading
The door is over there ------------------------------------------------------------------------------------------------------------------------------------------------------------------->
Gold/silver ratio had tight relationship previously with USD. Recent weakness in the ratio probably is telling us dollar is going to weaken