Candlesticks, Candelaabra, and the Swiss Franc/Euro “Peg”

The Swiss National Bank’s abandonment of the Swiss Franc/Euro “Peg” was not a surprise to those who understood the Candlestick and Candelaabra warning signals, which appeared 8 trading days before the abandonment. By way of background… It is to the advantage of an exporting nation that its currency be “cheap” relative to the currencies of… Read More »