<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/vjIHXM4013Q&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/vjIHXM4013Q&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object> PART 1 <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/OfTtYtZfbt4&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/OfTtYtZfbt4&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object> PART 2
CHART PATTERNS A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. During the past 10 bars, there have been 4 white "UP" candles and 6 black "DOWN" candles for a net of 2 black candles. During the past 50 bars, there have been 28 white "UP" candles and 21 black "DOWN" candles for a net of 7 white candles. A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend. There have been 3 falling windows in the last 50 candles--this makes the current falling window even more bearish. PulseScan Swing Vix Currently The Market Pulse is negative since it is trading below its signal line.The PulseScan crossed above the Swing Vix 1 period(s) ago. PulseScan LONG ENTRY : -36.12 154.80 Swing Vix SHORT ENTRY : -36.21 141.00 The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days , A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 25 period(s) Ago. The Swing Vix does not currently show any Failure Swings. The security price has set a new 14-period low while the Swing Vix has not. This is a bullish divergence. Since the Swing Vix crossed its moving average, Goldman Sachs's price has decreased 7.39%, and has ranged from a high of 161.050 to a low of 143.300. MARKET TREND Currently the TREND is - Down. The current market condition for Goldman Sachs is: \Very Bearish The close is currently Below it's 264 Long Term period moving average. 148.77 The close is currently Below it's 40 Intermediate Term period moving average. 165.99 The close is currently Below it's 10 Short Term period moving average. 163.28 Volatility On 4/30/2010, Goldman Sachs closed above the lower band by 7.6%. 124.61% wider than normal. The large width of the bands suggest high volatility as compared to Goldman Sachs's normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 9 period(s). The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
THE VULCAN REPORT Review of Pennsylvania Real Estate Invt SH BEN INT (PEI) as of Monday, May 03, 2010 Swing Index 1st PulseWave BreakOut 16.02 17.72 ,Hold longs, 1st PulseWave BreakDown 15.07 15.52 ,, CHART PATTERNS A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trend line, or retracement level), the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout. During the past 10 bars, there have been 7 white "UP" candles and 2 black "DOWN" candles for a net of 5 white candles. During the past 50 bars, there have been 33 white "UP" candles and 16 black "DOWN" candles for a net of 17 white candles. Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish. PulseScan Swing Vix Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 4 period(s) ago. PulseScan LONG ENTRY : 23.34 BREAK OUT 16.31 Profit Target 19.54 Stop Loss 15.52 ,Hold longs, Swing Vix SHORT ENTRY : 23.73 BREAK DOWN 14.91 Profit Target 13.70 Stop Loss 17.72 ,, The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum is entering the market. Expect sideways to lower prices within the next 3-5 days , The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 38 period(s) Ago. The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish. The security price has set a new 14-period high while the Swing Vix has not. This is a bearish divergence.The Swing Vix has set a new 14-period low while the security price has not. This is a bearish divergence. Since the Swing Vix crossed its moving average, Pennsylvania Real Estate Invt SH BEN INT's price has increased 7.92% , and has ranged from a high of 17.350 to a low of 14.910. MARKET TREND Currently the TREND is VERY-BULLISH- Up. The current market condition for Pennsylvania Real Estate Invt SH BEN INT is: Very Bullish\ The close is currently Above it's 264 Long Term period moving average. 10.61 The close is currently Above it's 40 Intermediate Term period moving average. 12.72 The close is currently Above it's 10 Short Term period moving average. 14.67 Volatility On 5/3/2010, Pennsylvania Real Estate Invt SH BEN INT closed above the upper band by 4.0%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely. 71.07% wider than normal. The large width of the bands suggest high volatility as compared to Pennsylvania Real Estate Invt SH BEN INT's normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 17 period(s). The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
THE VULCAN REPORT Review of Pennsylvania Real Estate Invt SH BEN INT (PEI) as of Tuesday, May 04, 2010 CHART PATTERNS A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 7 white "UP" candles and 3 black "DOWN" candles for a net of 4 white (UP) candles. During the past 50 bars, there have been 32 white "UP" candles and 17 black "DOWN" candles for a net of 15 white (UP) candles. A bearish harami occurred (where the current small black body is contained within an unusually large white body). During an uptrend (which appears to be the case with Pennsylvania Real Estate Invt SH BEN INT) this pattern implies an end to the rally as the bulls appear to have exhausted themselves. During a downtrend the bearish harami pattern is bullish as the bulls appear to be gaining strength as the bears weaken. A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble. PulseScan Swing Vix Swing Index PulseScan: 23.71 Swing Vix: 23.72 Currently The Market Pulse is positive since it is trading above its signal line.The PulseScan crossed below the Swing Vix 5 period(s) ago. PulseScan LONG ENTRY : ,Hold longs, ,Hold longs, Swing Vix SHORT ENTRY : ,, ,, The Trend Channel is DOWN! (i.e. "Negative Swing Vix") This means that negative momentum is entering the market. Expect sideways to lower prices within the next 3-5 days , The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Bought Sell 39 period(s) Ago. The Swing Vix does not currently show any Failure Swings. The Swing Vix and price are not diverging. Since the Swing Vix crossed its moving average, Pennsylvania Real Estate Invt SH BEN INT's price has increased 6.36% , and has ranged from a high of 17.350 to a low of 14.910. MARKET TREND Currently the TREND is VERY-BULLISH- Up. The current market condition for Pennsylvania Real Estate Invt SH BEN INT is: Very Bullish\ The close is currently Above it's 264 Long Term period moving average. 10.61 The close is currently Above it's 40 Intermediate Term period moving average. 12.84 The close is currently Above it's 10 Short Term period moving average. 14.82 Volatility On 5/4/2010, Pennsylvania Real Estate Invt SH BEN INT closed below the upper band by 8.2%. 74.16% wider than normal. The large width of the bands suggest high volatility as compared to Pennsylvania Real Estate Invt SH BEN INT's normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 18 period(s). The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.
THE VULCAN REPORT Review of AUD/USD - US DOLLAR AUSSIE (AUD/USD) as of Tuesday, May 04, 2010 CHART PATTERNS A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. During the past 10 bars, there have been 5 white "UP" candles and 5 black "DOWN" candles. During the past 50 bars, there have been 26 white "UP" candles and 22 black "DOWN" candles for a net of 4 white (UP) candles. An engulfing bearish line occurred (where a black candle's real body completely contains the previous white candle's real body). The engulfing bearish pattern is bearish during an uptrend. It then signifies that the momentum may be shifting from the bulls to the bears. If the engulfing bearish pattern occurs during a downtrend (which appears to be the case with AUD/USD - US DOLLAR AUSSIE), it may be a last engulfing bottom which indicates a bullish reversal. The test to see if this is the case is if the next candle closes above the bottom the current (black) candle's real body. PulseScan Swing Vix Swing Index PulseScan: -4.24 Swing Vix: -4.60 Currently The Market Pulse is negative since it is trading below its signal line.The PulseScan crossed above the Swing Vix 2 period(s) ago. PulseScan LONG ENTRY : ,, ,, Swing Vix SHORT ENTRY : 1st PulseWave BreakDown - CONFIRMATION - GO SHORT @ BREAK DOWN 90.34 Profit Target 87.97 Stop Loss/Stop & Reverse 93.19,Hold shorts, ,, The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days , The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. The last signal was a Over-Sold Buy 89 period(s) Ago. The Swing Vix does not currently show any Failure Swings. The security price has set a new 14-period low while the Swing Vix has not. This is a bullish divergence. Since the Swing Vix crossed its moving average, AUD/USD - US DOLLAR AUSSIE's price has decreased 1.15%, and has ranged from a high of 93.240 to a low of 90.820. MARKET TREND Currently the TREND is Bullish-Retracement- Up. The current market condition for AUD/USD - US DOLLAR AUSSIE is: Bullish\ The close is currently Above it's 264 Long Term period moving average. 85.52 The close is currently Below it's 40 Intermediate Term period moving average. 91.63 The close is currently Below it's 10 Short Term period moving average. 92.33 Volatility On 5/4/2010, AUD/USD - US DOLLAR AUSSIE closed above the lower band by 1.8%. 57.62% narrower than normal. The narrow width of the bands suggests low volatility as compared to AUD/USD - US DOLLAR AUSSIE's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The bands have been in this narrow range for 7 period(s). The probability of a significant price move increases the longer the bands remain in this narrow range. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents. AUD/USD chart
Errrr, aahhh, hmmmm, I've bookmarked the videos to look at later ( haven't looked at them yet) but if now your world symptoms prognosis is revolving around chart patterns and candlesticks etc, I would have to say you are delusional. You may be correct in what you guess, but the chart pattern stuff to reach an opinion is just wishful thinking. If it were this easy, chartists would be all millionaires. Charting is no crystal ball, been said and proved time and time again. If it were, economists would have a new tool, read the charts and predict the world economy, alas they are wrong time and again.
All I can say is check out the videos. I'm sure it will explain everything. And your right........no system is perfect and mine is no exception. I just trade what I see. I think my track record speaks for itself. I don't win every trade but I do well enough to keep the lights on.
Took profit on 3 pairs. Long - usd/cad Short - eur/jpy Short - gbp/usd the reason for getting out early is that i did not like the feel of the market after the acceleration. past experience shows that the mkt test the resistance after the 9:30am est wall street open. i believe that we have seen the lows of the day.
Yes. An unblemished track record of unimpressive, alarmist fluff that is not worth the time to watch...
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