Just Be Long the Dollar Ok?

Posted on Mar 11 2015 - 4:25pm by Sharpe Trade

No, that’s not a trading recommendation.

But in all seriousness, trading hasn’t been difficult lately.  King-Kong-Strong Dollar has been a powerhouse.  Pretty soon, it’s going to take the Fiscal side of the house to just start handing out $1,500 checks to each household in the United States to slow it down.  For trading, all that’s been necessary is finding a way to be short risk, long the dollar.  I literally picked up 50 pips this afternoon by going short EUR/JPY … literally … because my mind whispered to me …

It’s just sitting there stupid.  Pick up the money …

The trick of trading, is to recognize the mood of the market. What “the trade” of the market is at any given time. Your job is to figure that out as soon as humanly possible. Because it won’t last forever. It doesn’t take inate genius. Just figure out what ‘the trade’ is. When it is the trade … money will be ‘flowing’ in that direction. A Doctorate in Finance is not required. All that is required once you figure out “the trade” and the direction the money is flowing?

And then grab your money bucket …

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