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Our New Indicator

Our New Indicator

by The MoleOctober 23, 2009

The Dollar carry trade is back on – I recommend you watch this thing as it often is a harbinger of sudden market drops/rallies:

As I have pointed out last night – trading index option in this environment is extremely dangerous – those drops come suddenly and out of nowhere. Chances are you can’t catch a bid either way. Watch the Euro futures for some early signs that a directional short term trend is about to turn.

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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