USDCAD - 13th December 2023 | @ 78 Days | + 1.95%
Last trade: + 1.95% | 'A' class signal detected in USDCAD. Running at an average wavelength of 78 days over 14 iterations since January 2021. Currently troughing.
ΣL Cycle Summary
Once again the superbly stationary component in USDCAD rotates into the latest trough with remarkable periodicity, a wave that stands out in the spectra so much that even a standard FFT would easily discern it. The latest trough is forming with a peak expected mid January at the current wavelength of around 78 days. New subscribers should note the exceptional signal strength of this wave in the time frequency plot. It is a wonderful example of amplitude stationarity (shown in consistency of colour over time) and frequency stationarity (shown with minimal ‘vertical/frequency’ variance over time).
Trade Update
See also: Live ΣL Portfolio & History
Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous post for this instrument, linked below.
Type: Sell - USDCAD 1st November 2023
Entry: 1st November 2023 @ 1.3863
Exit: 13th December 2023 @ 1.3593
Gain: 1.95%
Current Signal Status
Defining characteristics of the component detected over the sample period.
Detected Signal Class: A - learn more
Average Wavelength: 77.58 Days
Completed Iterations: 14
Component Yield Over Sample: 54.23% - learn more