Stale USD long positions were killed yesterday after position squaring aheda of NFP and US Mid-Terms forced a series of stop losses to fire off on all the majors. We covered over 200% of the ATR across the board on this move.
I suspect things will be choppy until after the US MId-Terms now, as players wait before committing fresh money.
I suspect things will be choppy until after the US MId-Terms now, as players wait before committing fresh money.
