JLS: USD Price Mark-to-Mark to CHF and EUR in the Market
The USD-pegged pairs on NZDUSD, CADUSD, AUDUSD and GBPUSD mark-to-mark to CHF-pegged pairs (NZDCHF, CADCHF, AUDCHF and GBPCHF) and to EUR-pegged pairs (EURNZD, EURCAD, EURAUD and EURGBP) in the market. This allow those USD-pegged pairs to move to their lower ceilings of target zones in parallel to their interest rate differential price trends (medium term), the CHF-pegged pairs to move downward to their central bands/ceilings against their interest rate differential price trends (short term), and those EUR-pegged pairs to move to upward to their central bands/ceilings against their interest rate differential price trends (short term) to establish medium and short term price stability.
JPY-pegged pairs will at deep price compression before they resumed to move to upward in parallel to their interest rate differential price trends(medium term).
Thus, the currrent FX price market trends interior the currency currency band are as follows:
JPY-pegged pairs, (USDJPY, NZDJPY, CADJPY, AUDJPY, GBPJPY) upward by medium term
USD-pegged pairs (NZDUSD, CADUSD, AUDUSD, GBPUSD) downward by medium term
EUR-pegged pairs (EURNZD, EURCAD, EURAUD, EURGBP) upward by short term
CHF-pegged pairs (NZDCHF, CADCHF, AUDCHF, GBCHF), downward by short term
EURUSD + EURJPY + EURCHF, upward by short term
USDCHF, downward by short term
CHFJPY, upward by medium term
This market environment may generate substantial profit with the opportunity to "buy" JPY-pegged pairs and closed and replaced by to "sell" USD-pegged pairs and closed and to repeat to "buy" the JPY-pegged pairs, by their daily and interdays highs/lows with "non-stop around the clock" for capital accumulation, the money machine for printing 25%-100% weekly.
JPY-pegged pairs will at deep price compression before they resumed to move to upward in parallel to their interest rate differential price trends(medium term).
Thus, the currrent FX price market trends interior the currency currency band are as follows:
JPY-pegged pairs, (USDJPY, NZDJPY, CADJPY, AUDJPY, GBPJPY) upward by medium term
USD-pegged pairs (NZDUSD, CADUSD, AUDUSD, GBPUSD) downward by medium term
EUR-pegged pairs (EURNZD, EURCAD, EURAUD, EURGBP) upward by short term
CHF-pegged pairs (NZDCHF, CADCHF, AUDCHF, GBCHF), downward by short term
EURUSD + EURJPY + EURCHF, upward by short term
USDCHF, downward by short term
CHFJPY, upward by medium term
This market environment may generate substantial profit with the opportunity to "buy" JPY-pegged pairs and closed and replaced by to "sell" USD-pegged pairs and closed and to repeat to "buy" the JPY-pegged pairs, by their daily and interdays highs/lows with "non-stop around the clock" for capital accumulation, the money machine for printing 25%-100% weekly.
Comment:
Long on JPY-pegged pairs are still my primary target of trading. However, if the JPY-pegged pairs already reached their targets (daily high or interdays high) and at the same time the USD-pegged pairs already reached their daily high or interdays high then I short the USD-pegged pairs. This combination of long on JPY-pegged pairs and closed for profit then short on USD-pegged pairs to the levels of daily or interdays lows at which timing the JPY-pegged pairs also reached their lows to allow non-stop trading operation around the closk, looking for high capital accumulation.