AUDUSD, Immediate term trade and trend [1DEC2021]
Had an eventful month. Took some time to improve the Quant model to assess the risk and also to trade with better accuracy. Added new model to evaluate the volatility and volatility of volatility and predict it going forward along with the previous model that some of my readers are aware of.
Current outlook is on AUDUSD, volatility is falling, and the signal shows bullishness with better upside to downside risk at the moment. I will be buying here and holding (for 1-3 months) and adding to it on the dips. Along with bitcoin, eth. While signal shows the equity market has a -3% downside and new all time highs on the horizon, it is better to stick to less risky stuffs. Nonetheless I will be adding to Crude oil longs at 55-60$. Let's see how this will play out.
Good luck out there
Redd
Current outlook is on AUDUSD, volatility is falling, and the signal shows bullishness with better upside to downside risk at the moment. I will be buying here and holding (for 1-3 months) and adding to it on the dips. Along with bitcoin, eth. While signal shows the equity market has a -3% downside and new all time highs on the horizon, it is better to stick to less risky stuffs. Nonetheless I will be adding to Crude oil longs at 55-60$. Let's see how this will play out.
Good luck out there
Redd
Comment:
Bearish breakout in the signal in the immediate term. closed all the longs for now
