For a long time the currencies have had double anchor declines. That condition has prevented outright buy signals so we have had to either create spread trades or stick to shorting markets when they get rich. The recent action has created conflicting (anchor) trend signals in most cases. The British Pound is typical so I’ll just show that chart:
I’ve shown the theoretical system signals just to underline the somewhat static condition of the position we’ve been in for so long. As long as Greek elections don’t mess this up we should now get some better foreign exchange trades than we’ve been offered for the last 3 months.
