Risk!!!
AUDJPY ShortSold this pair earlier with TP at S3 pivot line and SL a few pips above S1 (which is also near it's daily high) to ride the recent risk-off related to increasing geopolitical risks and also weaker than expected Chinese inflation report.
www.dailyfx.com
www.dailyfx.com
www.dailyfx.com
Daily:
Weekly:
Confidence: A (there's still risk that this pair will rebound soon especially Thursday's near the end of the week already, but I think this position will hold in the long-run considering the chart patterns in the daily and weekly charts)
LONG VIX SEPT 21ST FUT - BROAD EXHAUSTION & FADING RISK APPETITELONG VIX SEPT FUT @12.8 TP 16-20VOLS
1. Fading risk sentiment - back of googl, msft, fb strong earnings not able to push market higher implying risk bid is over.
2. Time value - 7wks for this view to play out. I expect maturity in around 2wks but an extra 5wks of float is only positive.
Stellar STRBTC Volatility FunnelVolatility decreasing over last 10 days+, as measured by ATR. Volume candles through buy line.
Bytecoin BCNBTC Volatility FunnelVolatility decreasing over last 2 days, as measured by average true range (ATR) indicator. Lacking good volume at key points, but I think pretty solid trade.
This is not advice.