"Balance" Strategy Testing, Day 22/60
A buy on both lines tonight. Restarting accumulation on USDCHF, lowering average basis on EURUSD.
New averages are 0.92921 USDCHF, 1.20722 EURUSD.
Looks like DXY had a pretty strong day. This is good - the dollars in my wallet being worth more is a good thing, for sure. It makes sense that the US economy will see gains as the COVID vaccinate becomes more readily accessible. Seeing that sudden drop, just looking at the flat numbers, was a bit disconcerting. In context though, my unrealized on EURUSD is around -1.67% to -2% NAV.
It's a risk, but a manageable one. This will be an interesting month, to be sure.
New averages are 0.92921 USDCHF, 1.20722 EURUSD.
Looks like DXY had a pretty strong day. This is good - the dollars in my wallet being worth more is a good thing, for sure. It makes sense that the US economy will see gains as the COVID vaccinate becomes more readily accessible. Seeing that sudden drop, just looking at the flat numbers, was a bit disconcerting. In context though, my unrealized on EURUSD is around -1.67% to -2% NAV.
It's a risk, but a manageable one. This will be an interesting month, to be sure.
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