Risk
AUDJPY ShortSold this pair earlier with TP at S3 pivot line and SL a few pips above S1 (which is also near it's daily high) to ride the recent risk-off related to increasing geopolitical risks and also weaker than expected Chinese inflation report.
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Daily:
Weekly:
Confidence: A (there's still risk that this pair will rebound soon especially Thursday's near the end of the week already, but I think this position will hold in the long-run considering the chart patterns in the daily and weekly charts)
LONG VIX SEPT 21ST FUT - BROAD EXHAUSTION & FADING RISK APPETITELONG VIX SEPT FUT @12.8 TP 16-20VOLS
1. Fading risk sentiment - back of googl, msft, fb strong earnings not able to push market higher implying risk bid is over.
2. Time value - 7wks for this view to play out. I expect maturity in around 2wks but an extra 5wks of float is only positive.
Stellar STRBTC Volatility FunnelVolatility decreasing over last 10 days+, as measured by ATR. Volume candles through buy line.
Bytecoin BCNBTC Volatility FunnelVolatility decreasing over last 2 days, as measured by average true range (ATR) indicator. Lacking good volume at key points, but I think pretty solid trade.
This is not advice.
Risk Parity - Finance lesson 1 Warning Long Macro Post ahead!
The aim of this post is to open the discussion on risk parity and add insight into why some of the largest macro funds in the world use the strategy of risk parity .
... It is basically an asset allocation concept.
-> At what point do we have our portfolio 100% in these really safe securities (safest of all is inflation protected securities... which are bonds issued by sovereign entity without inflation return) Yields are very small.. sub 1% usually.
-> Then you have normal bonds, these can be any kinds of bonds . They don't have to be treasuries they can be corporate bonds.
-> And then you have mixed portfolio , which is maybe 60% stocks and 40% bonds...
-> Or perhaps a really risky portfolio with 100% stocks
-> Or EVEN riskier with 100% Emerging Market Equities .
+++++ The question is what kind of returns do we expect? +++++
One of the ways people employ Risk Parity is a re-balancing concept;
GBPUSD Long : Uptrend Continuation Long-Short-Long Short term Long into Resistance, Short Retracement to Lows, then Long to Next Resistance Highs.
Trend basics tell us that Up Trends are formed with Higher Highs and Higher Lows and for Down Trends we have Lower Highs and Lower Lows .
By marking the Highs and the Lows - Near, Next and Far - they serve as price points that need to be breached and then exceeded with closes to indicate a change or continuation in trend. Until they are breached, they serve as areas to enter trades measured by the risk tolerance that a traders account allows for and while opportunities are missed, risk is controlled or managed with position size especially for Forex.
This approach keeps charts clean and simple and trading decisions contained within risk parameters allowing small losses when wrong.
Rippling is starting to RippleFor those who have been Rippled by Ripple, if you get in very soon maybe even as of 2 hours ago and still even now you may stand a chance to Ripple the f^%$ out of Ripple.
Many once like I was rippled at their first climb but I refused to admit it, people in public would point and laugh as I shopped for groceries. I told my friends I was staying strong with ripple and that one day I ripple the rippler aka XRP, they too laughed and said I would not win the battle.
I stand here today proud to say I rippled ripple and you may get the chance as well but the battle may be slow as it was for me. I go on to fight this journey until XRP hits 30cents although that may feel like the beginning also.
If your in already enjoy the fight.
If your not in, then join the fight if you please. If you do make sure you join when you see a big fat long red candle stick aka 'The Red Rocket', because I believe we are going up and if you join then it you will see green. If you join while we are at a peak and are not experienced do not panic if you see red for a few days, weeks or months, that's just blood and in battle there is always blood to shed.
To those about to Ripple we salute you!
P.S this is continuing my previous post
USD / SEK Simple idea USD have shown weakness across aboard this monday. Will usd maintain it's weakness also today?
Have in mind that price can go above last pinbar tops. Probably we have lots of stop-loss orders there. For perfect entry I want to wait a price to shoot over those tops before shorting with tight stop-loss in mind.
Use tight stop-loss because the uptrend have been very strong lately. Look at speed the candles went up! So be careful. This is quite risky trade.