Thinking the dollar will gain more steam against particularly EM when FED hikes could be a big misstake imo. However we've build an amazing upwards consolidation (wedge), the ideal move here would be 1. Fakeout to the upside with a reversal. 2. A sideways movement until 2016, "yield getters". And there's also something for you tech guys/gals... a sizable cup and handle. Don't spill the contients on your shirt on this one!
Cheers!
Scenario 1. Entry on a weekly fakout bar, could be as high as 14000, stop 14200 target 13000.
Scenario 2. Options or mean-rev strategies. stops above 13800, where you hold a larger short size, hedge small size on breakdowns. As it's a yield strategy, targets are on returns and duration, around 6-8months.
IvanLabrie
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Gotcha, the more market neutral approach sure is interesting.
yesayarb
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@Johan.gradin, What is your expected target? 16,5K / Asian Crisis High?
I like the layout, looks cool.