BRACE YOURSELF!

This could be a very bumpy week. Over and over, we have heard that "NEXT MONDAY, THE GREEK ISSUE WILL BE RESOLVED". Many Mondays have come and gone...yet still, we have no resolution. The final date where a resolution must be reached is March 20th, and if history will repeat itself...as it does in almost EVERY negotiation process....they will wait until the 11th hour before miraculously coming to terms. Negotiation 101....

So, what does this mean for us? It means that, although the media is preparing for GREAT NEWS monday night, i'm going to stick to my guns and remain long USD/HUF. If i'm wrong...it could get ugly. This trade is not for those with a weak stomach.

Also...there is another trade where i have gone against the grain...yes, i'm talking about USD/JPY. I was right on the way up calling for the YENtervention...and i believe, i will be right again on the way down. Each time the Japanese have intervened...sending the value of the JPY down, it has almost immediately spiked back up. Well..we are at the tip of the spike...time for the crash downward!

Stay with me people...AND LETS MAKE SOME MONEY!