Foiled again? Rambling about trading inside the chop zone!

Ouch! Another seeming dollar correction is off the rails so far this morning, as it is sharply higher against all comers (yen the exception). Watching the dollar move sideways since November 21st is like watching an episode of the Twilight Zone—all kinds of game changing global macro events everyday and the world’s major currency just ranges. Let’s call it the “chop zone,” because that is what it can do to one’s short-term trading account—chop it up into small little pieces: