I just wanted to put my today's thoughts here... Of course, there is no trade on UJ today, because the band is WAY TOO WIDE. We can see what a government intervention can do to a market:) My opinion though is that the government cannot fight the market for a long time, if the direction is short and the overall mood will stay short. But we will see, what happens...
The GU on the other hand might go finally some direction and that will be the moment I will get back to trade this pair.
What are your thoughts on this situation, guys?
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I agree!!
ReplyDeleteGreat to see you back...how was your break?
Looking forward to your continued blog.
Phil
Hi Phil,
ReplyDeleteit was very pleasant. I like nice warm weather...:) Back here is much colder:)