Saturday, March 25, 2017

03/24/17 #BritishPound Chart $FXB #Free

British Pound Chart
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

The Pound's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.

Subscriber Comments

Chart


P < 0 and REV < 0 define a focused down impulse (chart). This is bearish.

Matrix

The British Pound has been a focused bear opportunity since November 2015. This opp has recorded a 16% and 47% annualized and max annualized return with zero drawdown for the bulls, respectively. It's been an excellent trade for the bears.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.