But look at what it is telling us now.
GMO is far more volatile than FXI and therefore accentuates the moves.
GMO appears to be alerting us to a downturn in the FXI.
It made sense to me to just go ahead an post this chart while I decide exactly how I would like to enter this trade.
Most likely I will buy GMO and sell short FXI, but I might only short FXI. It has also stalled from making new highs along with the US markets and could also be giving us a leading indication. The risk is small at only a few percentage points and the downside appears medium at 5% to 8%.
Cheers.
Tim 1:07PM EST January 28, 2013
GMO is far more volatile than FXI and therefore accentuates the moves.
GMO appears to be alerting us to a downturn in the FXI.
It made sense to me to just go ahead an post this chart while I decide exactly how I would like to enter this trade.
Most likely I will buy GMO and sell short FXI, but I might only short FXI. It has also stalled from making new highs along with the US markets and could also be giving us a leading indication. The risk is small at only a few percentage points and the downside appears medium at 5% to 8%.
Cheers.
Tim 1:07PM EST January 28, 2013
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.