Week ahead – GBPCHF, AUDNZD
In the upcoming week I have two pairs on my watchlist. GBPCHF for possible LONG and AUDNZD for possible short. Let’s see how it plays.
iterating towards truth
In the upcoming week I have two pairs on my watchlist. GBPCHF for possible LONG and AUDNZD for possible short. Let’s see how it plays.
From the long term perspective it looks like we are “only” in a consolidation pattern still looking towards 1.34 – 1.36 range in the upcoming months. If I zoom in closely the pressure on 1.30 – 1.3020’s is obvious. On the other hand market was not…
Although I am aware of what CDS means and “how it works” (in a dumb way) the correlation between futures, stocks, bonds and fx is still bit of a mystery for me. Recently I have come across the ITRAXX EUR which is a CDS index based on insurances of…
looking at any one metric alone to explain complex systems (such as investment outcomes) is doomed from the start. source: ritholtz.com
Two 123ACU opportunities. Strong round number breakout and even stronger sell off.
Two opportunities kinda 123 but no ACU. Instead of it hold and second one, break and hold.
In order to be a big winner, you have to be very, very large in the positions that have the best risk/reward. source: smbtraining.com
Today’s two opportunity representing a potential profit of +2.4R.