Too Much Of Heaven

So there were only a handful of these extra large gaps in the last coupe of years.

One made price gap out of the megaphone.

Another one gapped price from bearsperms market to taurus with an elegant 200 pips never looking back.

Now, think like a market maker. How can you flip the CTAs at once if not with a large gap? Utilize against them what they are doing as default: pushing price at an extreme ever further in the easy direction.

I’m saying all this because I believe that the CTA entanglement would have to be resolved this way.

Think twice holding USD shorts into the weekend.

Today there’s the max pain FXE 99.50+ peg.

Nick Rhodes is a very steady performer.