We lighten up on positions going into tomorrow’s fed meeting.

There will be plenty of opportunities. Our EUR long exposure has done well and we take advantage and lighten up the whole book.

We feel that this week has the potential to alter the landscape in a big way and want to be with maximum liquidity to take advantage of potential set ups.

As we mentioned previously, the EURUSD has tremendous potential, we could see a FLUSH SALE of EURUSD to levels that will become very attractive.

Harvest PL, flatten out some of the book and wait on the sidelines.