Cutting and Reestablishing Trades (Dollar) to Avoid Risk or Illiquidity (Strategy Video)

Talking Points:

• If there is a period of illiquidity and/or high profile event risk ahead, sometimes it is better to cut a trade rather than hold out
• Often times, hesitation in unwinding a trading and reentering after the risk has passed is a psychological concern over best price
• I cut both my EUR/USD and GBP/USD short exposure before the weekend due to concern over risk trends and Moody's over the weekend

What are the DailyFX analysts' fundamental and technical forecasts for the Dollar, Euro, equity indexes and more through the fourth and final quarter of the year? Download the recently-released 4Q forecasts on DailyFX. (

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