Although I am currently holding a short GBP/USD position from 1.5750, I remain flat elsewhere early in 2012.
I fully expect to remain flat for the rest of this week and part of next; ideally, I would like to see the 5-day average volume on the S&P 500 pick back up over 650 million shares before I begin taking large positions once more.
Any other trade updates can be viewed in the real time news feed, or you can follow me on twitter at @CVecchioFX for trade thoughts and other macroeconomic musings.
