Running Behind

Posted on Feb 10 2016 - 9:08am by Sharpe Trade

I’m flat on all short-term trades going into C. Yellen speaking in a few hours.  I was bearish risk on short GBP/JPY, and especially short Australia on short AUD/CAD.  When both pairs paused yesterday afternoon, we closed both out profitably.  I was figuring we would see some sort of pause to uptick in risk prior to the speech, and it seems that is what is transpiring.  So going into the speech, we’re flat on short-term trades. 

I’ve checked the earnings headline numbers on Colgate (CL), Microsoft (MSFT) and Wells Fargo (WFC).  However, I am a bit behind posting my notes here.  Something I will quickly try and remedy …  

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