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Long NOK hasn’t worked the last few months
As one of my good friends, who is a very talented trader (@redheadtrader), told me earlier this year “lots of traders I know are camping out long NOK since 2020)” and that always stuck with me as the NOK has been so sensitive to global “risk on” flows. Read more
The Grind Into a Parabolic Trend.
As traders and investors, our innate instinct is to “fade strength and buy weakness” especially if you think something (or asset) is overbought or oversold.
