breakout to be expected after consolidation
after much consolidation, a breakout to be expected, either volatility up or down
up preferred for now
aud has benefited for a few days from profit taking of usd pos.
aud to pullback expected
euraud and gbpaud has crashed into lower bollinger of 4hr and 1hr
no huge regime change --> mean reversion play
counter trend though
momentum break through lower vwap signal entry
etc
What do you think?
up preferred for now
aud has benefited for a few days from profit taking of usd pos.
aud to pullback expected
euraud and gbpaud has crashed into lower bollinger of 4hr and 1hr
no huge regime change --> mean reversion play
counter trend though
momentum break through lower vwap signal entry
etc
What do you think?
Note
mean reversion played out but then gold and commodities ralliedNote
minimum 20 pip scalping range, mean reversion prospered as regime no change and no big sweep of liq on that day
gold copper iron ore continued to rallied next day for a break out of consolidation
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