It’s fork-in-the-road-friday, ladies and leeches. At this time, make sure your seat backs and tray tables are in their full upright position and that your seat belt is correctly fastened. Also, your portable electronic devices must be set to ‘buzz off I’m busy’ mode until further notice. Because when the door closes on these juicy entry opportunities you are either on board or you’ll be left behind.
The Dollar is increasingly showing signs of life, no doubt due to the slightly more bullish stance exhibited yesterday by the FOMC committee. As of this morning the DX has inched its way up to a 10-day high and is heading for its first weekly gain of 2018. Woohoo!
As I mentioned yesterday, we’re due to be served the FOMC minutes today at 7:00pm, and I expect equity as well as forex markets to mostly churn in circles ahead of that. Which for me means no new campaigns until the dust once again has settled. Of course crypto currencies at least remain relatively unaffected from that particular driver of volatility, so let’s try to spend our waiting time productively:
My BTC campaign unfortunately met its maker and I got stopped out at with only 3R in profits. Yes, I’m kidding of course – that’s a nice return in my book which as you all know has slow and manageable accumulation as its central [...]
I hope everyone enjoyed the extended weekend because now it’s back to work, you slackers! It’s going to be a turbulent week, so let’s get to it. Over the past week crypto currencies have been enjoying a continued stream of bids (not bits) which has of course benefitted our ongoing Bitcoin campaign.