Tuesday, October 15, 2013

A decision day on #GBPCHF for this strategy

The GBPCHF is about to cross the LWMA Trend Curve in the direction of an uptrend.


If it closes above it, that will mean a "close sell and open buy" signal. So today will be a very exciting day this humble trend follower.

Hopefully it will just bounce the trend curve and resume the downtrend, but that's not how the market works, I'll have to wait for today's closing price.

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