British Pound / US Dollar-GBPUSD As of 06/09/16 *** Intra-Daily Trading Strategy:BUY British Pound / US Dollar Buy Target: 1.3473 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 big bullish white candle has formed. Prices closed considerably higher than open. 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 a support area, a moving average, trend line, or retracement level, the long white candle adds credibility to the support. Likewise, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout. 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 25 black candles. 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 15 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 2.99%, and has been fluctuating from a high of 1.344 to a low of 1.288. 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 40 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 123 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy10 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 4.1%. 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 22.52% 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 07/09/16 *** Intra-Daily Trading Strategy:BUY US Dollar / Japanese Yen Buy Target: 102.0603 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 6 white candles versus 4 black candles with a net of 2 white candles. The previous 50 candlestick bars, there are 25 white candles versus 25 black candles. MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 9 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 1.27%, and has been fluctuating from a high of 104.315 to a low of 100.092. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 1 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 42 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 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 BUY 39 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell1 day(s) ago. The close is currently BELOW 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 Very Bearish US Dollar / Japanese Yen closed below the upper Bollinger Band by 43.3%. Bollinger Bands are 11.04% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Weekly US Dollar / Japanese Yen-USDJPY As of 09/09/16 A black body has formed as prices closed lower than open. The previous 10 candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles. The previous 50 candlestick bars, there are 24 white candles versus 26 black candles with a net of 2 black candles. MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 2 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.89%, and has been fluctuating from a high of 104.315 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. No Stochastic Buy or Sell signals generated today. The last signal was a Buy16 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 Buy 8 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 does not show an overbought or oversold condition. The last Directional Movement Indicators (DMI) signal was a SELL54 week(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell12 week(s) ago. The close is currently BELOW its 200 weekly moving average BELOW its 50 weekly moving average BELOW its 20 weekly moving average The current market condition for US Dollar / Japanese Yen is Very Bearish US Dollar / Japanese Yen closed above the lower Bollinger Band by 35.2%. Bollinger Bands are 16.26% wider 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 12/09/16 *** Intra-Daily Trading Strategy:BUY Euro Dollar / US Dollar Buy Target: 1.1269 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 5 white candles versus 5 black candles. The previous 50 candlestick bars, there are 27 white candles versus 22 black candles with a net of 5 white candles. 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 BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 10 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.45%, and has been fluctuating from a high of 1.133 to a low of 1.112. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. 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 Sell151 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 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 SELL83 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy2 day(s) Ago. The close is currently ABOVE 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 Very Bullish Euro Dollar / US Dollar closed above the lower Bollinger Band by 50.0%. Bollinger Bands are 36.06% narrower 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 13/09/16 *** Intra-Daily Trading Strategy:SELL British Pound / US Dollar Sell Target: 1.3128 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 big bearish black candle has formed. Prices closed considerably lower than open. 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, a moving average, trend line, or price resistance level, the long black candle adds credibility to the resistance. Likewise, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. 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 25 white candles versus 25 black candles. A engulfing bearish line has formed 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 (which is the case with British Pound / US Dollar). It signifies that the momentum may be shifting from the bulls to the bears. If the engulfing bearish pattern occurs during a downtrend, 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.MACD is BULLISH as the MACD is above the signal line. The MACD crossed above the signal line 20 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 1.26%, and has been fluctuating from a high of 1.344 to a low of 1.288. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 3 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 45 day(s) ago. Currently the RSI does not show any Failure Swings. The RSI and price of British Pound / US Dollar are not diverging. 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 128 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell1 day(s) ago. The close is currently BELOW its 200 daily moving average BELOW its 50 daily moving average BELOW its 20 daily moving average The current market condition for British Pound / US Dollar is Very Bearish British Pound / US Dollar closed above the lower Bollinger Band by 45.3%. Bollinger Bands are 42.74% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to British Pound / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 0 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
US Dollar / Japanese Yen-USDJPY As of 14/09/16 *** Intra-Daily Trading Strategy:BUY US Dollar / Japanese Yen Buy Target: 103.1827 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 6 white candles versus 4 black candles with a net of 2 white candles. The previous 50 candlestick bars, there are 26 white candles versus 24 black candles with a net of 2 white candles. A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.A long upper shadow has formed. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).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, US Dollar / Japanese Yen's price has increased 1.98%, and has been fluctuating from a high of 104.315 to a low of 100.092. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. No Stochastic Buy or Sell signals generated today. The last signal was a Sell 6 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 47 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 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 BUY 44 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell6 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 US Dollar / Japanese Yen is Bearish US Dollar / Japanese Yen closed below the upper Bollinger Band by 35.8%. Bollinger Bands are 17.59% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.
Weekly US Dollar / Japanese Yen-USDJPY As of 16/09/16 A black body has formed as prices closed lower than open. The previous 10 candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles. The previous 50 candlestick bars, there are 24 white candles versus 26 black candles with a net of 2 black candles. 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 3 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 0.46%, and has been fluctuating from a high of 104.315 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. No Stochastic Buy or Sell signals generated today. The last signal was a Buy17 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 Buy 9 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 does not show an overbought or oversold condition. The last Directional Movement Indicators (DMI) signal was a SELL55 week(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell13 week(s) ago. The close is currently BELOW its 200 weekly moving average BELOW its 50 weekly moving average BELOW its 20 weekly moving average The current market condition for US Dollar / Japanese Yen is Very Bearish US Dollar / Japanese Yen closed above the lower Bollinger Band by 33.4%. Bollinger Bands are 15.91% wider 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 19/09/16 *** Intra-Daily Trading Strategy:BUY Euro Dollar / US Dollar Buy Target: 1.1200 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 5 white candles versus 5 black candles. The previous 50 candlestick bars, there are 27 white candles versus 22 black candles with a net of 5 white candles. MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 15 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased0.13%, and has been fluctuating from a high of 1.133 to a low of 1.112. The MACD is currently not in an Overbought/Oversold range. There have been no divergence signals during the last 5 periods. No Stochastic Buy or Sell signals generated today. The last signal was a Buy9 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 Sell156 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 SELL88 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Buy7 day(s) Ago. The close is currently BELOW its 200 daily moving average BELOW its 50 daily moving average BELOW its 20 daily moving average The current market condition for Euro Dollar / US Dollar is Very Bearish Euro Dollar / US Dollar closed above the lower Bollinger Band by 29.7%. Bollinger Bands are 49.47% narrower than normal. The narrow width of the Bollinger Bands suggests low volatility as compared to Euro Dollar / US Dollar's normal range. Therefore, the probability of volatility increasing with a sharp price move has increased for the near-term. The Bollinger Bands have been in this narrow range for 2 day(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.
British Pound / US Dollar-GBPUSDAs of 20/09/16 *** Intra-Daily Trading Strategy:BUY British Pound / US Dollar Buy Target: 1.3050 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 2 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased0.09%, and has been fluctuating from a high of 1.324 to a low of 1.295. 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 8 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 50 day(s) ago. Currently the RSI does not show any Failure Swings. The price of British Pound / US Dollar has set a new 14-period low while the RSI has not. This is a BULLISH DIVERGENCE. 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 133 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell6 day(s) ago. The close is currently BELOW its 200 daily moving average BELOW its 50 daily moving average BELOW its 20 daily moving average The current market condition for British Pound / US Dollar is Very Bearish British Pound / US Dollar closed above the lower Bollinger Band by 2.2%. Bollinger Bands are 33.06% 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 21/09/16 *** Intra-Daily Trading Strategy:SELL US Dollar / Japanese Yen Sell Target: 99.4437 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!!!!! * Chaos Trading System SELL signal generated today. ENTER SELL and exit buy at market price on the next Daily open. A big bearish black candle has formed. Prices closed considerably lower than open. 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, a moving average, trend line, or price resistance level, the long black candle adds credibility to the resistance. Likewise, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. The previous 10 candlestick bars, there are 4 white candles versus 6 black candles with a net of 2 black candles. The previous 50 candlestick bars, there are 25 white candles versus 25 black candles. Three black candles has formed during the last three bars. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.MACD is BEARISH as the MACD is below the signal line. The MACD crossed below the signal line 1 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased1.17%, and has been fluctuating from a high of 102.781 to a low of 100.245. 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 11 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 52 day(s) ago. The RSI has just reached its lowest value in the last 14 day(s). This is BEARISHsignal. 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 BUY 49 day(s) ago. There were no SAR signals generated today. The last SAR signal was a Sell11 day(s) ago. The close is currently BELOW 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 Very Bearish US Dollar / Japanese Yen closed below the lower Bollinger Band by 2.4%. Bollinger Bands are 37.89% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.