I've no idea about any direction of any financial instrument of the market. My algorithm is detecting imbalances on certain levels JUST-IN-TIME.
+ buy FAR ABOVE the given threshold-level or sell FAR BEOW the injurious level.
Christopher Vecchio is a currency analyst for DailyFX. With a background in political science and law, he focuses on the interrelationships between geopolitical events and macroeconomic trends.
CFA charterholder. Prop trader and market structure consultant with Bright Trading, specializing in pair trading, crutch trading, contrarian, technical, and algorithmic (HFT) trading. Views expressed here are for informational purposes only.