Forecasting Future Security Prices

My bullish vs bearish opinions/signals and charts on this blog or social networks are not a recommendation to buy, hold or sell securities.You need to do your own research when it comes to investing your money because there is no foolproof algorithm or strategy that can assure you a profit.You can only lower your risk of trading by getting more and better information.By following up my blog posts you will find out which securities have the highest vs lowest risk of trading.

Saturday, 11 June 2016

GBP/USD

My latest bearish signal for GBP/USD ratio was on13 February 2016.Since then this ratio dropped by 1.38%.This week I got a bullish signal for GBP/USD based on the total number of new long contracts opened(5,134) vs net number of old short contracts closed(17,589) in the last 3 weeks.Besides I got a bullish PCC = - 0.96 for the British pound in the last 3 weeks.This means a huge divergence between bullish(rising) and bearish(falling) sentiment for this currency in the last 3 weeks.Therefore I expect GBP/USD ratio to rise in the next days/weeks.Check out my strategy and trackrecord2016 file on my free websites:http://futuresandoptions.wix.com/cotswingcharts
http://cotreportfreeswingcharts.my-free.website/

Forecasting Future Security Prices

Saturday, 11 June 2016

GBP/USD

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