The watchlist shows one failed signal, the USD/CHF bear, and two additions: USD/CHF to the bull section, and CHF/JPY to the bear.
Also, the GBP/USD pair has been kicked off the island.
Forex currency pairs showing Parabolic SAR bull signals
- AUD/NZD, analysis. Rose sharply today and then pulled back sharply but stayed above the reversal level.
- AUD/USD, analysis.
- GBP/USD, analysis. This pair is stalling, for a fourth trading day. I'm kicking it off the island. The signal is a WASH for a 0.1% loss.
- USD/CHF, analysis. New today.
Forex parabolic SAR bear signal:
- CHF/JPY, analysis. New today.
- USD/CHF, analysis. Flipped to bull phase and rose sharply, making the bear signal a FAILURE for a 1.5% loss.
Stalking the Black Swan: Research and Decision Making in a World of Extreme Volatility
Market analyst Kenneth Posner creates a new framework for managing extreme risk based on lessons learned in the recent collapse of capitalist finance.
A note on method: For stocks, I choose among signals, only watching those that meet a set of criteria aimed at moving the probabilities more in my favor.
For the 16 forex pairs I follow, I watch all signals, even when the trend is weak and the whipsaws likely.
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