Over the next 48 hours, we may see large moves in FX.
At present we have a compression of volatility (see currency strength chart).
This suggests that volatility will increase over the next day or so.
The trade here is:
Trade in the direction of price action and hold the trade.
A trend following strategy will work better than a mean reversion approach.
At present we have a compression of volatility (see currency strength chart).
This suggests that volatility will increase over the next day or so.
The trade here is:
Trade in the direction of price action and hold the trade.
A trend following strategy will work better than a mean reversion approach.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.