“I’m not hunting a jaguar that’s sitting in the tree because there are not a lot of easy ways to rustle it out of the tree. A lot of bad things can happen: The jaguar can attack me and I can fall down and get hurt. But if someone shoots the Jaguar out of the tree and the thing hits the ground and is injured I will go after it.” – Marc Cohodes

Key week for the EURO as we wait to see if the market is pricing unrealistic expectations. Remember to look back at recent action in AUD and CAD following the RBA and BOC where the market was getting a bit carried away looking for surprise cuts… once again, all about the Central Banks as we also wait for BOJ/SNB/BOE/FOMC next week too. We should have plenty of opportunity as we trading in OPEX.

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