We have a clear scenario, get out of dollars, get pesos, or get any of the assets in here except for gold and yen (or at least, get lesser amounts of these, since they have already gained a lot of strength). Play catch up, play it smart.
Cheers,
Ivan Labrie. Time at Mode FX.
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Good progress so far, today has market a retracement for many pairs. Corn is acting great by the way.
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Let's see if next week we break the swing low in USDARS. It looks to be trending as expected though.
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Corn and USDARS performed great.
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Might be good to go back to dollars (maybe buy half gold and silver too) here. Excellent progress.
Thanks, yeah they did...there was good reason for these lines to move down hehe.
BernhardAnalytics
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LOL
IvanLabrie
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Even if it did, did the things go down? (yeah they did) ;)
BernhardAnalytics
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the chart looks like shit.
mustard
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Is that a chart of your brainwave pattern?
IvanLabrie
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haha, that's a chart of multiple dollar pairs and instruments that are showing dollar weakness. You can clearly see some are lagging behind the group, and some are leading.
In this case, I'd buy the lagging ones, sell the leading ones and maybe consider some longs in the general group as well.
Ede
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Mind sharing the script with us ?
IvanLabrie
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Hi, what script?
I added symbols using the compare button.
You can click on 'make it mine' under the sharing icon to get this chart.