Questions
Dec
21
2008
50-day vs 200-day crossovers with currencies
by rfstevens
Overall Rating:
I've been trying to trade options on currency ETFs based purely upon fundamentals with mixed results. I gotten beaten up badly on the Swiss franc (FXF) but have made over 100% on short-term trades both long (UUP) and short the dollar (UND). I have just started to get interested in some charts of the dollar showing its movement against the 200-day and 50-day moving averages. Anyone have an opinion as to which is a more solid strategy for currencies?
Tags: technical-analysis
