AUDUSD

AUDUSD and why mean revert looks like a good idea

#AUDUSD After the risk off party on Friday the VIPS's on the guest list were bonds, EM, JPYxxx - even stocks. But no follow through YET AGAIN which is why everyone in FX i talk to is so frustrated. VOL has never been this low in EURUSD since the 70's Bloomberg did a clever model backtesting it before EUR existed. This is why I'm changing my strategy to mean revert on risk. 100DMA+200DMA and the upper BB looks a good place to get short at 0.7150/60

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Patrick Reid
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Patrick Reid
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Patrick Reid
EditorPatrick Reid
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Patrick Reid
EditorPatrick Reid
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Patrick Reid
EditorPatrick Reid
Patrick Reid
EditorPatrick Reid
Patrick Reid
EditorPatrick Reid
Patrick Reid
EditorPatrick Reid
Patrick Reid
EditorPatrick Reid