How and When To Trade Trend Reversals Like AUD/USD's, Gold's, SPX's (Quick Take Video)

Talking Points:

• Calling a meaningful turn - where there is a significant move in an opposing direction - is one of the lowest probability trades
• Different risk tolerances allow for different degrees of confirmation and conviction; but consecutive series alone is not enough
• We take a look at the incredible runs from the AUD/USD, Gold and the S&P 500 with their differences and similarities

See how retail traders are positioning in AUD/USD, Gold, the S&P 500 and other currencies, indicies, commodities and Bitcoin using the DailyFX speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)



Continue reading at DailyFX - Forex & Macro News (via YouTube) →
Recommended posts powered by Google