... and beyond.
This trade naturally stands the reason. It is the worst G10 currency prospects versus what's still the most stable("best") G10 out there.
While Japan continues to maintain a healthy Account Surplus (for several decades by now) the UK decided to inflate the BoE's balance sheet to the tune of 120% of GDP, in just a few short months.
This fact alone justifies a complete re-pricing of this cross, without the need to speculate on the impending doom of the UK, a debt-ridden, rapidly aging, outpost (and Not just because of Brexit - which is a day late and a dollar short!) that is currently dying in the pandemic (economically and in the literal sense) faster than any other country in the developed world.
E.g. a total and rapid repricing of this pair is inevitable. (... and as we all know that, this pair can do that faster/better than any other pair in the majors!)
Here is the Monthly outlook
- And for those who wondered "what the 2nd best trade could be"...;
This trade naturally stands the reason. It is the worst G10 currency prospects versus what's still the most stable("best") G10 out there.
While Japan continues to maintain a healthy Account Surplus (for several decades by now) the UK decided to inflate the BoE's balance sheet to the tune of 120% of GDP, in just a few short months.
This fact alone justifies a complete re-pricing of this cross, without the need to speculate on the impending doom of the UK, a debt-ridden, rapidly aging, outpost (and Not just because of Brexit - which is a day late and a dollar short!) that is currently dying in the pandemic (economically and in the literal sense) faster than any other country in the developed world.
E.g. a total and rapid repricing of this pair is inevitable. (... and as we all know that, this pair can do that faster/better than any other pair in the majors!)
Here is the Monthly outlook
- And for those who wondered "what the 2nd best trade could be"...;
Comment:
Just a reminder where this is sitting at the moment
Comment:
Here is the 2nd best trade a little cleaned up;
Trade active:
SHORT
Comment:
Comment:
... and this is how/where one can Enter SHORT....
.... The Best long term (Short-and-hold) FX trade out there.
Comment:
This a good place to (re)Load!! - Massive SHORT!!
Trade active:
SHORT
Comment:
Notice the adjusted Stops.
Trade closed manually:
FLAT - for now; +5 pips
Comment:
Looks like ...
... they're going to Stop Hunt this, one more time.
Trade active:
Massive SHORT
Trade active:
SHORT
Trade closed: stop reached:
FLAT; -25 pips
Comment:
We've changed our minds on this one!
Don't like it as a short anymore due to an independent Sell Signal in the JPY.
This changes our premier Short Trade to this one;
This changes our premier Short Trade to this one;
