A high probability and relatively short-term target could be $18. Latest quote $15.73.
More than 8% gain posted in less than 4 days on this instruments upside, a decent response since my last post about the VIX on babypips.
VIX jumped from $13.50 to $16.50 between Friday and today (Monday).
Fantastic instrument to trade tightly.
CBOE Volatility Index (VIX) trade idea was successful, price currently stands at $17.10 from originally posted $15.73. Although the target has not been reached yet now is to be considered a decent price/time to take profits.
The beginner's guide to FX trading