Current Ideas/Analysis.
Current Strategy: Mean Reversion
Current Position: Long EUR/USD
Entry Point: $1.21183
Stop Loss: $1.20059
Take Profit: $1.22031
Entry Date: 06/11/2021
Current Strategy: Mean Reversion
Current Position: Long
Entry Point: $1.28054
Stop Loss: $1.25250
Take Profit: $1.30141
Entry Date: 09/11/2020
Exit Date: 10/09/2020
EUR/USD
Current Strategy: Mean Reversion
Current Position: Short
Entry Point: $1.19293
Stop Loss: $1.20492
Take Profit: $1.17970
Entry Date: 08/31/2020
Exit Date: 09/03/2020
EUR/USD
Current Strategy: Mean Reversion
Current Position: Short
Entry Point: $1.17558
CUrrent Status: Closed (-58 pips)
Mean reversion strategy that goes long/short a currency pair, when its price reaches the 2nd standard deviation above/below its average price (i.e. the outer limit of its respective Bollinger band. The strategy looks to take profits when prices have reverted back to the 1st standard deviation. Stop loss levels are set at the 6th standard deviation. The goal is to enter a pair when prices move outside of the 2nd standard deviation, while taking profits just prior to it reverting back to its average price.
Disclaimer: The information provided on this site is opinion, intended for informational purposes only, and does not constitute investment advice