Remember these guys from a few months back who were large long AUD/CHF and large short EUR/AUD? Well not only did they basically pick the top in AUD/CHF and the bottom in EUR/AUD, but they have subsequently gone short AUD against the CHF, EUR, GBP, SGD and CAD and are well in the money on all these trades. It’s a thing of beauty to see a good trader in top form.
This is how trading should be! Be willing to be long or short and don’t just have a position and sit on it, but actively trade all the swings. That’s how you get a strong feel for the rhythm of the market.
