Original Thread here: https://www.forexfactory.com/thread/...-coffee-money?
Same rules and strategy apply.
Changes: Will take only 1 - 3 trades a month..
Why? Implied volatility for FY 2021 is expected to be muted.
1) no more Donny conducting foreign policy via twitter, high probability we are returning to status quo
2) brexit is more or less a done deal
3) 2020 saw a spike in volatility brought on by CBs QEs/fiscal stimulus and the coronavirus, 2021 should see vol start to consolidate.
in summary, am expecting volatility to be driven by data, instead of politics.
Will link a trade explorer once I've gotten the all clear. (will explain in due course)
Meanwhile, will upload end of month statements as before.
Same rules and strategy apply.
Changes: Will take only 1 - 3 trades a month..
Why? Implied volatility for FY 2021 is expected to be muted.
1) no more Donny conducting foreign policy via twitter, high probability we are returning to status quo
2) brexit is more or less a done deal
3) 2020 saw a spike in volatility brought on by CBs QEs/fiscal stimulus and the coronavirus, 2021 should see vol start to consolidate.
in summary, am expecting volatility to be driven by data, instead of politics.
Will link a trade explorer once I've gotten the all clear. (will explain in due course)
Meanwhile, will upload end of month statements as before.