Interview on Bloomberg
August 12, 2009
I was on Bloomberg earlier today talking about how the dollar could react to FOMC
August 12, 2009 I was on Bloomberg earlier today talking about how the dollar could react to FOMC
Posted in Bloomberg, forex blog
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Kathy Lien is employed as Co-Head of Global Research for Global Forex Trading, a division of Global Futures & Forex, Ltd. (GFT). However, the KathyLien.com web site is maintained by Kathy Lien personally, and is separate and independent from her employment with GFT. GFT is not affiliated with and does not control the content of the KathyLien.com web site, and opinions expressed by Kathy on the KathyLien.com web site are not necessarily the opinions of GFT
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August 14th, 2009 at 12:08 am
Hi Kathy, always enjoy your video commentaries and articles.
I wanted to ask about your referring to a given pair as being in the “Buy Zone” when prices are between the upper 2 SD and 3 SD bands (that’s how you determine it, as far as I understand). I see you mention this quite frequently.
To me this seems counter-intuitive, as such a pair might also be described as being over-bought if it is in such a position? At least when I look back over recent daily chart price action in USD/JPY, for example, it seems like selling (instead of buying) in the “Buy Zone” would have been more profitable (short USD / long JPY).
So, I wonder if you would kindly elucidate sometime on your rationale for calling this a “Buy Zone”? (Or point me at any existing literature you have already produced somewhere.)
August 14th, 2009 at 10:57 am
Hi Kathy,
Welcome back to Singapore. Have a nice day with good discussions and commentaries. I will up date with your posting everyday here.
Cheers,
Forex Automatic Trading Robots
August 17th, 2009 at 3:08 am
Found what I’m looking for regarding “Buy Zone” in this article by Boris:
http://www.investopedia.com/articles/trading/05/022205.asp
So never mind! Thanks!