Intra Day Trading - page 17

 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 01/09/14

Volatility Analysis

On 01/09/14, Euro Dollar / US Dollar closed unchanged 0.0000 at 1.3131

Period StatisticalChange

10-period 4.2391 0.12

21-period 4.3085 -0.29

39-period 4.0446 -0.03

90-period 4.2748 -0.02

Bollinger Bands are 65.69% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 13.6906. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 21 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 23.37.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 7 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -111.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 2 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 8 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 84 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 253 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 8 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 14 period(s) ago.

Summary

The current market condition for Euro Dollar / US Dollar is: Very Bearish

The close is currently below its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 01/09/14

close: 1.3131

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.3320. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3411. Be prepared for a potential short term price pull back to the 1.3253 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3118

If Short -- exit all contracts at ... 1.3415

Files:
eur.png  38 kb
 

VIT Weekly Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 05/09/14

Volatility Analysis

On 05/09/14, Euro Dollar / US Dollar closed down -0.0181 at 1.2950

Period Statistical Change

10-period 9.1467 0.56

21-period 9.4018 -1.12

39-period 12.7931 0.28

90-period 17.2780 -0.16

Bollinger Bands are 33.40% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 4.8484. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 3 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 22.82.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a sell 174 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -195.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 10 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 22 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 60 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 212 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 61 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 16 period(s) ago.

Summary

The current market condition for Euro Dollar / US Dollar is: Very Bearish

The close is currently below its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

Euro Dollar / US Dollar(EURUSD) Analysis of activity through 05/09/14

close: 1.2950

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.3650. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3700. Be prepared for a potential short term price pull back to the 1.3331 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.2920

If Short -- exit all contracts at ... 1.3700

Files:
eur-weekly.png  50 kb
 

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 08/09/14

Volatility Analysis

On 08/09/14, British Pound / US Dollar closed down -0.0232 at 1.6093

Period StatisticalChange

10-period 9.9951 3.08

21-period 8.0600 1.90

39-period 6.3278 1.19

90-period 5.9129 0.70

Bollinger Bands are 85.16% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 4.7425. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 12.28.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 6 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -231.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 8 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 2 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 210 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 494 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 180 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 4 period(s) ago.

Summary

The current market condition for British Pound / US Dollar is: Very Bearish

The close is currently below its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

British Pound / US Dollar(GBPUSD) Analysis of activity through 08/09/14

close: 1.6093

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.6643. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6643. Be prepared for a potential short term price pull back to the 1.6477 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.6091

If Short -- exit all contracts at ... 1.6724

Files:
gbp.png  49 kb
 

VIT Weekly Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 12/09/14

Volatility Analysis

On 12/09/14, Euro Dollar / US Dollar closed up 0.0012 at 1.2962

Period StatisticalChange

10-period 9.8021 0.66

21-period 9.5260 0.12

39-period 12.7436 -0.05

90-period 17.2750 -0.00

Bollinger Bands are 45.83% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 9.6961. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 4 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 23.75.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a sell 175 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -176.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 11 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 23 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 61 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 213 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 62 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 17 period(s) ago.

Summary

The current market condition for Euro Dollar / US Dollar is: Very Bearish

The close is currently below its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

Euro Dollar / US Dollar(EURUSD)

Analysis of activity through 12/09/14

close: 1.2962

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.3640. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3700. Be prepared for a potential short term price pull back to the 1.3260 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.2859

If Short -- exit all contracts at ... 1.3700

Files:
 

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 15/09/14

Volatility Analysis

On 15/09/14, British Pound / US Dollar closed down -0.0034 at 1.6229

Period StatisticalChange

10-period 11.1262 -0.12

21-period 8.4115 -0.02

39-period 6.8151 -0.00

90-period 5.8547 0.00

Bollinger Bands are 94.43% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 80.1899. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a buy 2 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 29.92.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 2 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -54. This is not a topping or bottoming area.The last signal was a buy 2 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 7 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 215 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 499 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 185 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 9 period(s) ago.

Summary

The current market condition for British Pound / US Dollar is: Very Bearish

The close is currently below its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

British Pound / US Dollar(GBPUSD)

Analysis of activity through 15/09/14

close: 1.6229

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.6497. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6643. Be prepared for a potential short term price pull back to the 1.6358 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.6051

If Short -- exit all contracts at ... 1.6643

Files:
gbp_1.png  50 kb
 

A bigbearish 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 1 white candles versus 8 black candles with a net of 7 black candles.

The previous 50 candlestick bars, there are 25 white candles versus 24 black candles with a net of 1 white candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 24 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 6.36%, and has been fluctuating from a high of 1.399 to a low of 1.283.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris 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 Buy 11 Period(s) Ago.

The RSI is below 30. This is where it usually bottoms. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell176 period(s) ago.

The RSI has just reached its lowest value in the last 14 period(s). This is BEARISH signal.

Currently, the Momentum Oscillator is in an 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 105 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 18 period(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 Euro Dollar / US Dollar is Very Bearish

Euro Dollar / US Dollar closed below the lower Bollinger Band by 7.2%. This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely. Bollinger Bands are 4.31% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Elliott Waves High Volatility has detected a possible point 4 of a WolfWave (21%) pattern for Euro Dollar / US Dollar. This pattern is an expanding triangle and trades from the next point. When the peak or trough will form, usually after crossing or touching the extended line of points 1 and 3, the price will move in the opposite direction towards the target line formed by the extension of points 2 and 4.

The present wave patterns are:

fast amplitude (8%): bullish wave 2

moderate amplitude (13%): bullish wave 3

Euro Dollar / US Dollar is long term Bearish as the 144 days moving average of 1.34 is decreasing. The Relative Strength Index is at 20.79 in the oversold territory. The Relative Momentum Index is at 19.24 in the oversold territory. An important indicator for Elliott waves, the Elliott oscillator is at -0.05, in negative territory; this is a bearish sign. An equally important indicator, the STORSI is at 1.70. This value is in the oversold territory.

Files:
eur-weekly.png  45 kb
 

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 22/09/14

Volatility Analysis

On 22/09/14, British Pound / US Dollar closed up 0.0082 at 1.6369

Period Statistical Change

10-period 9.0875 -3.50

21-period 10.2660 0.28

39-period 8.2540 0.20

90-period 6.5140 0.09

Bollinger Bands are 61.49% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 59.2339. This is not an overbought or oversold reading. The last signal was a sell 3 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 46.06.This is not a topping or bottoming area. The last signal was a buy 4 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 60. This is not a topping or bottoming area.The last signal was a buy 7 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 4 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 220 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 504 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 190 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 4 period(s) ago.

Summary

The current market condition for British Pound / US Dollar is: Very Bearish

The close is currently below its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

British Pound / US Dollar(GBPUSD) Analysis of activity through 22/09/14

close: 1.6369

Be prepared for a potential short term price fall back to the 1.6350 area. The current trend is down and all orders on the short side may be considered. If already holding short positions, we would look to take partial profits at any retracement to 1.6523. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6523.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.6051

If Short -- exit all contracts at ... 1.6614

Files:
eur.png  50 kb
 

VIT Weekly Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 26/09/14

Volatility Analysis

On 26/09/14, British Pound / US Dollar closed down -0.0045 at 1.6242

Period StatisticalChange

10-period 9.6002 -0.12

21-period 10.5290 -0.26

39-period 12.3956 -0.32

90-period 17.6296 -0.02

Bollinger Bands are 19.48% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 30.8994. This is not an overbought or oversold reading. The last signal was a buy 1 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 32.54.This is not a topping or bottoming area. The last signal was a sell 11 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -104.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 9 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 8 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 64 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 12 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 8 period(s) ago.

Summary

The current market condition for British Pound / US Dollar is: Mildly Bullish

The close is currently above its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

British Pound / US Dollar(GBPUSD) Analysis of activity through 26/09/14

close: 1.6242

The current trend is down and all orders on the short side may be considered. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 1.7000. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.7190. Be prepared for a potential short term price pull back to the 1.6476 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.6051

If Short -- exit all contracts at ... 1.7190

Files:
gbp-weekly.png  35 kb
 

*** Intra-Daily Trading Strategy: BUYEuro Dollar / US Dollar

Buy Target: 1.2716

Buy Stop: 1.2638

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 20 white candles versus 29 black candles with a net of 9 black candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 3 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.67%, and has been fluctuating from a high of 1.286 to a low of 1.266.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris 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 62 Period(s) Ago.

The RSI is below 30. This is where it usually bottoms. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Buy 5 period(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 last Directional Movement Indicators (DMI) signal was a SELL 62 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 8 period(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 6.5%. Bollinger Bands are 73.88% wider than normal.

Files:
eur_1.png  43 kb
 

VIT Weekly Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 03/10/14

Volatility Analysis

On 03/10/14, Australian Dollar / US Dollar closed down -0.0089 at 0.8674

Period StatisticalChange

10-period 23.1386 -0.45

21-period 19.6946 -0.42

39-period 21.4232 0.02

90-period 25.3522 0.01

Bollinger Bands are 0.42% narrower than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 2.4828. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a sell 13 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 26.03.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 60 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -193.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a sell 13 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 9 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 3 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 165 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 8 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 8 period(s) ago.

Summary

The current market condition for Australian Dollar / US Dollar is: Very Bearish

The close is currently below its 200 period moving average.

The close is currently below its 90 period moving average.

The close is currently below its 30 period moving average.

Australian Dollar / US Dollar(AUDUSD) Analysis of activity through 03/10/14

close: 0.8674

The current trend is down and all orders on the short side may be considered. Market activity analysis suggests that short trades put on outside of the +S+ focus zone have a lower probabilty of success than those placed in those zones highlighted on the expert ribbon. The current market price activity is Strongly Bearish and suggests favorable trade opportunities on the short side.

If already holding short positions, we would look to take partial profits at any retracement to 0.9401. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.9470. Be prepared for a potential short term price pull back to the 0.9059 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 0.8642

If Short -- exit all contracts at ... 0.9504

Files:
aud-weekly.png  34 kb
Reason: