Euro Dollar / US Dollar-EURUSD As of 16/01/17 *** Intra-Daily Trading Strategy:SELL Euro Dollar / US Dollar Sell Target: 1.0582 Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!! A black body has formed as prices closed lower than open. The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles. The previous 50 candlestick bars, there are 21 white candles versus 28 black candles with a net of 7 black candles. MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 14 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 1.41%, and has been fluctuating from a high of 1.068 to a low of 1.034. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. The Stochastic Oscillator is currently above 80. This is an indication of the security being in an "overbought" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Sell 48 Day(s) Ago. The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 36 day(s) ago. Currently the RSI does not show any Failure Swings. The RSI and price of Euro Dollar / US Dollar are not diverging. Currently, the Momentum Oscillator does not show an overbought or oversold condition. The ADX is currently below both Plus and Minus Directional indicators. This should not use to initiate any trades right now. The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a SELL44 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy4 day(s) Ago. The close is currently BELOW its 200 daily moving average BELOW its 50 daily moving average ABOVE its 20 daily moving average The current market condition for Euro Dollar / US Dollar is Bearish Euro Dollar / US Dollar closed below the upper Bollinger Band by 19.5%. Bollinger Bands are 8.33% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Euro Dollar / US Dollar-EURUSD As of 17/01/17 *** Intra-Daily Trading Strategy:BUY Euro Dollar / US Dollar Buy Target: 1.0751 Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!! A white body has formed as prices closed higher than open. The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles. The previous 50 candlestick bars, there are 22 white candles versus 27 black candles with a net of 5 black candles. A engulfing bullish line has formed where a white candle's real body completely contains the previous black candle's real body. The engulfing bullish pattern is bullish during a downtrend. It then signifies that the momentum may be shifting from the bears to the bulls. If the engulfing bullish pattern occurs during an uptrend (which is the case with Euro Dollar / US Dollar), it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 15 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 2.37%, and has been fluctuating from a high of 1.072 to a low of 1.034. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. The Stochastic Oscillator is currently above 80. This is an indication of the security being in an "overbought" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Sell 49 Day(s) Ago. The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 37 day(s) ago. The RSI has just reached its highest value in the last 14 day(s). This is BULLISHsignal. Currently, the Momentum Oscillator does not show an overbought or oversold condition. The ADX is currently below both Plus and Minus Directional indicators. This should not use to initiate any trades right now. The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a SELL45 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy5 day(s) Ago. The close is currently BELOW its 200 daily moving average ABOVE its 50 daily moving average ABOVE its 20 daily moving average The current market condition for Euro Dollar / US Dollar is Mildly Bearish Euro Dollar / US Dollar closed above the upper Bollinger Band by 2.9%. 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 Bollinger Bands is likely. Bollinger Bands are 1.00% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
i agree, in matter fact i didn't learn till this happened to me and i lost my ass in 2014 buying crude at 60 dollars,, its funny u used this as an example cuz this was exactly my fuck up,,,, lesson was worth it though,, it altered my trading style permanently to the better
US Dollar / Japanese Yen-USDJPY As of 18/01/17 *** Intra-Daily Trading Strategy:BUY US Dollar / Japanese Yen Buy Target: 115.3220 Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!! A white body has formed as prices closed higher than open. The previous 10 candlestick bars, there are 2 white candles versus 8 black candles with a net of 6 black candles. The previous 50 candlestick bars, there are 25 white candles versus 25 black candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 19 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased2.29%, and has been fluctuating from a high of 118.599 to a low of 112.628. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. The Stochastic Oscillator is currently below 20. This is an indication of the security being in an "oversold" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Sell 56 Day(s) Ago. The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 18 day(s) ago. Currently the RSI does not show any Failure Swings. The RSI and price of US Dollar / Japanese Yen are not diverging. Currently, the Momentum Oscillator does not show an overbought or oversold condition. The last Directional Movement Indicators (DMI) signal was a SELL5 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell9 day(s) ago. The close is currently ABOVE its 200 daily moving average ABOVE its 50 daily moving average BELOW its 20 daily moving average The current market condition for US Dollar / Japanese Yen is Bullish US Dollar / Japanese Yen closed above the lower Bollinger Band by 27.0%. Bollinger Bands are 10.38% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Hello willy, ur analysis seem throughout and deep and extensive, which reminds me of myself in the past during my unprofitable days where i found myself overanalyzing (not saying this is u ), however my question to you is at the end of the day how do u use all these variables together or to finally put on a trade, how are u able to integrate many things into one to finally boil it down to either a buy or sell??? let aside position size?
Weekly US Dollar / Japanese Yen-USDJPY As of 20/01/17 A white body has formed as prices closed higher than open. The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles. The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles. MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 21 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 12.91%, and has been fluctuating from a high of 118.659 to a low of 99.941. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. The Stochastic Oscillator is currently above 80. This is an indication of the security being in an "overbought" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Buy35 Week(s) Ago. The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 3 week(s) ago. Currently the RSI does not show any Failure Swings. The RSI and price of US Dollar / Japanese Yen are not diverging. Currently, the Momentum Oscillator is in an overboughtcondition. US Dollar / Japanese Yen is showing a buy exit opportunity. The ADX is above both Plus and Minus Directional Indicators and going down. This indicates that the current uptrend may have run it's coarse. This might be a good place to take some profits or wait to re-enter when the ADX turns up.. The last Directional Movement Indicators (DMI) signal was a BUY 9 week(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy12 week(s) Ago. The close is currently ABOVE its 200 weekly moving average ABOVE its 50 weekly moving average ABOVE its 20 weekly moving average The current market condition for US Dollar / Japanese Yen is Very Bullish US Dollar / Japanese Yen closed below the upper Bollinger Band by 26.9%. Bollinger Bands are 136.69% wider than normal.
Euro Dollar / US Dollar-EURUSD As of 23/01/17 *** Intra-Daily Trading Strategy:BUY Euro Dollar / US Dollar Buy Target: 1.0765 Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!! A white body has formed as prices closed higher than open. The previous 10 candlestick bars, there are 7 white candles versus 3 black candles with a net of 4 white candles. The previous 50 candlestick bars, there are 25 white candles versus 24 black candles with a net of 1 white candles. A rising window has formed where the top of the previous shadow is below the bottom of the current shadow. This usually implies a continuation of a bullish trend.Three white candles has formed during the last three bars. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 19 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 2.75%, and has been fluctuating from a high of 1.076 to a low of 1.034. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. The Stochastic Oscillator is currently above 80. This is an indication of the security being in an "overbought" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Sell 53 Day(s) Ago. The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 41 day(s) ago. The RSI has just reached its highest value in the last 14 day(s). This is BULLISHsignal. Currently, the Momentum Oscillator does not show an overbought or oversold condition. The ADX is currently below both Plus and Minus Directional indicators. This should not use to initiate any trades right now. The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a SELL49 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy9 day(s) Ago. The close is currently BELOW its 200 daily moving average ABOVE its 50 daily moving average ABOVE its 20 daily moving average The current market condition for Euro Dollar / US Dollar is Mildly Bearish Euro Dollar / US Dollar closed below the upper Bollinger Band by 2.6%. Bollinger Bands are 6.70% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
British Pound / US Dollar-GBPUSD As of 24/01/17 *** Intra-Daily Trading Strategy:SELL British Pound / US Dollar Sell Target: 1.2444 Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!! A black body has formed as prices closed lower than open. The previous 10 candlestick bars, there are 6 white candles versus 4 black candles with a net of 2 white candles. The previous 50 candlestick bars, there are 22 white candles versus 28 black candles with a net of 6 black candles. A hammer has formed which has a long lower shadow and closes near the high. Hammers must appear after a significant decline or when prices are oversold to be valid. When this occurs, it usually indicates the formation of a support level and is thus considered a bullish pattern.A hanging man has formed which has a very long lower shadow and a small real body. This pattern can be bullish or bearish, depending on the trend. If it occurs during an uptrend(which is the case with British Pound / US Dollar) it is called a hanging man line and signifies a reversal top. If it occurs during a downtrend it is called a bullish hammer.A long lower shadow has formed. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).A spinning top has formed which 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.MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 5 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 0.98%, and has been fluctuating from a high of 1.254 to a low of 1.204. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. The Stochastic Oscillator is currently above 80. This is an indication of the security being in an "overbought" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Sell 34 Day(s) Ago. The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 61 day(s) ago. The RSI has just reached its highest value in the last 14 day(s). This is BULLISHsignal. Currently, the Momentum Oscillator does not show an overbought or oversold condition. The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a BUY 38 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy5 day(s) Ago. The close is currently BELOW its 200 daily moving average ABOVE its 50 daily moving average ABOVE its 20 daily moving average The current market condition for British Pound / US Dollar is Mildly Bearish British Pound / US Dollar closed above the upper Bollinger Band by 0.5%. Although prices have broken the upper Bollinger Band and an upside breakout is possible, the most likely scenario is for the current trading range that British Pound / US Dollar is in to continue. Bollinger Bands are 32.45% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
US Dollar / Japanese Yen-USDJPY As of 25/01/17 *** Intra-Daily Trading Strategy:BUY US Dollar / Japanese Yen Buy Target: 113.7893 Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!! A black body has formed as prices closed lower than open. The previous 10 candlestick bars, there are 3 white candles versus 7 black candles with a net of 4 black candles. The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 24 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased3.60%, and has been fluctuating from a high of 118.599 to a low of 112.604. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. The Stochastic Oscillator is currently below 20. This is an indication of the security being in an "oversold" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Buy4 Day(s) Ago. The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 23 day(s) ago. Currently the RSI does not show any Failure Swings. The RSI and price of US Dollar / Japanese Yen are not diverging. Currently, the Momentum Oscillator does not show an overbought or oversold condition. The last Directional Movement Indicators (DMI) signal was a SELL10 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell14 day(s) ago. The close is currently ABOVE its 200 daily moving average BELOW its 50 daily moving average BELOW its 20 daily moving average The current market condition for US Dollar / Japanese Yen is Mildly Bullish US Dollar / Japanese Yen closed above the lower Bollinger Band by 16.3%. Bollinger Bands are 4.77% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
US Dollar / Japanese Yen-USDJPY As of 25/01/17 *** Intra-Daily Trading Strategy:BUY US Dollar / Japanese Yen Buy Target: 113.7893 Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price. (NOTE: Adjust Stop Loss Price according to your trading risk.) Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!! A black body has formed as prices closed lower than open. The previous 10 candlestick bars, there are 3 white candles versus 7 black candles with a net of 4 black candles. The previous 50 candlestick bars, there are 23 white candles versus 27 black candles with a net of 4 black candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 24 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased3.60%, and has been fluctuating from a high of 118.599 to a low of 112.604. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. The Stochastic Oscillator is currently below 20. This is an indication of the security being in an "oversold" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Buy4 Day(s) Ago. The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 23 day(s) ago. Currently the RSI does not show any Failure Swings. The RSI and price of US Dollar / Japanese Yen are not diverging. Currently, the Momentum Oscillator does not show an overbought or oversold condition. The last Directional Movement Indicators (DMI) signal was a SELL10 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell14 day(s) ago. The close is currently ABOVE its 200 daily moving average BELOW its 50 daily moving average BELOW its 20 daily moving average The current market condition for US Dollar / Japanese Yen is Mildly Bullish US Dollar / Japanese Yen closed above the lower Bollinger Band by 16.3%. Bollinger Bands are 4.77% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.