The Single Best Trade for 2021
Updated
... and beyond.
This trade naturally stands the reason. It is the worst G10 currency prospects versus what's still the most stable("best") G10 out there.
While Japan continues to maintain a healthy Account Surplus (for several decades by now) the UK decided to inflate the BoE's balance sheet to the tune of 120% of GDP, in just a few short months.
This fact alone justifies a complete re-pricing of this cross, without the need to speculate on the impending doom of the UK, a debt-ridden, rapidly aging, outpost (and Not just because of Brexit - which is a day late and a dollar short!) that is currently dying in the pandemic (economically and in the literal sense) faster than any other country in the developed world.
E.g. a total and rapid repricing of this pair is inevitable. (... and as we all know that, this pair can do that faster/better than any other pair in the majors!)
Here is the Monthly outlook
- And for those who wondered "what the 2nd best trade could be"...;
This trade naturally stands the reason. It is the worst G10 currency prospects versus what's still the most stable("best") G10 out there.
While Japan continues to maintain a healthy Account Surplus (for several decades by now) the UK decided to inflate the BoE's balance sheet to the tune of 120% of GDP, in just a few short months.
This fact alone justifies a complete re-pricing of this cross, without the need to speculate on the impending doom of the UK, a debt-ridden, rapidly aging, outpost (and Not just because of Brexit - which is a day late and a dollar short!) that is currently dying in the pandemic (economically and in the literal sense) faster than any other country in the developed world.
E.g. a total and rapid repricing of this pair is inevitable. (... and as we all know that, this pair can do that faster/better than any other pair in the majors!)
Here is the Monthly outlook
- And for those who wondered "what the 2nd best trade could be"...;
Note
Just a reminder where this is sitting at the momentNote
Here is the 2nd best trade a little cleaned up;Trade active
SHORTNote
Note
... and this is how/where one can Enter SHORT........ The Best long term (Short-and-hold) FX trade out there.
Note
This a good place to (re)Load!! - Massive SHORT!!
Trade active
SHORTNote
Notice the adjusted Stops.
Trade closed manually
FLAT - for now; +5 pipsNote
Looks like ...... they're going to Stop Hunt this, one more time.
Trade active
Massive SHORTTrade active
SHORTTrade closed: stop reached
FLAT; -25 pipsNote
We've changed our minds on this one!Don't like it as a short anymore due to an independent Sell Signal in the JPY.
This changes our premier Short Trade to this one;
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