Predictions and Coin Flips
- Thread starter eurusdzn
- Start date
Stopped out on the high tick 99.50of the day. (462) around the fed anouncement.
Price pulled back to mid-range about .38.
My present opnion matches PA. Dont know/not clear.
Price was, and still is ranging/chopping normally in from the .20-55 level.
Entries at the extremes for reversion are more familiar to me as are breakouts.
I was not at all familiar with mid range, random entries, in chop that rely on continuation.
Now i am.
Price pulled back to mid-range about .38.
My present opnion matches PA. Dont know/not clear.
Price was, and still is ranging/chopping normally in from the .20-55 level.
Entries at the extremes for reversion are more familiar to me as are breakouts.
I was not at all familiar with mid range, random entries, in chop that rely on continuation.
Now i am.
Seems for the last 120 trading days , or so, that Europeans, Japanese, Canadians, Brazilians, Russians, Austrailians and others with declining currencies have an advantage over an account denominated in USD.
Regular folk in the US have have not done well owning the SP500 index.
US treasuries , stocks and USD seem to be best performing liquid assets in the world.
Commodities are not in favor.
I intend to join these trends. Oil is at top of a 3-4 dollar range that i will look to fade Sunday night with QM rather than CL . Next opportunity, if missed or passed, would be a sell stop at a new oil low.
Euro is closer to yen to breaking range to new lows. Look for both to do so using sell stops using E7 or EUO, J7 or YCS.
Not prepared or expecting higher oil, euro, yen. Stocks and bonds, no opinion.
These are trends in progress and not countertrend trades.
Charts are 3 year eodd charts. Dates at bottom do not apply.