FRESH short signal on the EURUSD Daily chart.

24 thg 12, 2020

My long term trend following model just spat out a fresh EURUSD signal. The signals take price/time inputs exclusively, and involves an initial 'headfake' filter and then requires confirming momentum within a certain timeframe before signaling. EURUSD, GBPUSD, and EURGBP are all very much in play given the recent COVID developments in the UK, as well as BREXIT talks. As you can see from the image the signals aren't bang on all the time, but produce excellent risk reward when they pay.