We have been early with our USD thesis. There is enough evidence to point to a new cycle being around the corner. One that sees the USD weakening a great deal.

Trading these cycles is complex and it requires a tremendous amount of patience and exceptional timing. We feel that we are close, as per the AUDUSD chart below and we are willing to take a shot at BUYING AUD, knowing there is a level we can use to calibrate our risk.


We want to be methodical and patient here, we can be a bit late and still be ok as this would be a BUCKET C TRADE. We will elaborate and come up with a game plan that has massive CONVEXITY.

Most of the market, if not all of it, is looking the other way. That is when opportunity appears.