Today's Pairs Trade - Long $EPOL / Short $EWMHey guys, today I exited my shorts in $MSFT $FXI and $F and am now sticking just to pairs, I think market conditions will be good for staying market neutral especially coming into the election where we could see strong one way moves in the market making it very difficult for directional trades. On the other hand these highly volatile market spikes can present great opportunities for pairs trades.
I opened a new pairs trade today, long the Poland ETF $EPOL and short the Malaysia ETF $EWM in equal dollar amounts. Using the Buy Sell Bands on this pair has shown very strong historical results as I show in the video.
Stay tuned for my update tomorrow.
Cheers,
Jared.
