Intra Day Trading - page 18

 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 06/10/14

Volatility Analysis

On 06/10/14, Euro Dollar / US Dollar closed up 0.0129 at 1.2643

Period StatisticalChange

10-period 10.8690 2.64

21-period 9.5405 1.25

39-period 8.8545 0.77

90-period 6.6542 0.38

Bollinger Bands are 79.87% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 41.2935. This is not an overbought or oversold reading. The last signal was a buy 2 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 35.22.This is not a topping or bottoming area.However, the RSI just crossed above 30 from a bottoming formation. This is a bullish sign. The last signal was a buy 0 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -87. This is not a topping or bottoming area.The last signal was a buy 0 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 109 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 278 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 13 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 06/10/14

close: 1.2643

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 1.2863. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2929. Be prepared for a potential short term price pull back to the 1.2761 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.2500

If Short -- exit all contracts at ... 1.2995

Files:
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VIT Weekly Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 10/10/14

Volatility Analysis

On 10/10/14, Euro Dollar / US Dollar closed up 0.0113 at 1.2627

Period StatisticalChange

10-period 13.7955 2.96

21-period 11.7809 1.35

39-period 13.4463 0.20

90-period 17.1556 0.11

Bollinger Bands are 114.38% wider than normal. Euro Dollar / US Dollar is currently experiencing very high volatility as compared to its normal range. The probability of volatility decreasing and prices consolidating is likely in the near future.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 8.5395. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 8 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 23.25.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a sell 179 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -113.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 15 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 27 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 65 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 217 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 66 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 21 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 24/01/14

close: 1.3676

The current trend is up and all orders on the long side may be considered. If already holding long positions, we would look to partial profits on any retracement to 1.3493. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.3304. Be prepared for a potential short term price fall back to the 1.3417 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3304

If Short -- exit all contracts at ... 1.3892

Files:
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VIT Daily Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 13/10/14

Volatility Analysis

On 13/10/14, Australian Dollar / US Dollar closed up 0.0070 at 0.8750

Period StatisticalChange

10-period 15.6641 0.67

21-period 13.2084 0.51

39-period 11.4542 0.38

90-period 9.3586 0.16

Bollinger Bands are 47.11% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 33.6511. This is not an overbought or oversold reading. The last signal was a sell 2 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 39.54.This is not a topping or bottoming area. The last signal was a buy 5 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -58. 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 5 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 90 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 193 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 92 period(s) ago.

Stop and Reverse (SAR)

An SAR Sell signal was generated today. If you are long, this might be a good place to exit.

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.

With strong confirmation from the short term trend and a current Sell signal.

Australian Dollar / US Dollar(AUDUSD)

Analysis of activity through 13/10/14

close: 0.8750

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 0.8898. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.8898. Be prepared for a potential short term price pull back to the 0.8846 area.

Files:
aud.png  38 kb
 

VIT Weekly Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 17/10/14

Volatility Analysis

On 17/10/14, British Pound / US Dollar closed up 0.0016 at 1.6090

Period StatisticalChange

10-period 14.1730 0.34

21-period 12.8635 -0.00

39-period 13.4654 -0.03

90-period 17.6818 -0.02

Bollinger Bands are 54.08% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 18.2627. 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 32.70.This is not a topping or bottoming area. The last signal was a buy 1 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 12 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 11 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 67 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 15 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 11 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 17/10/14

close: 1.6090

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 1.6737. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.7000. Be prepared for a potential short term price pull back to the 1.6309 area.

Files:
gbp-weekly.png  36 kb
 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 20/10/14

Volatility Analysis

On 20/10/14, Euro Dollar / US Dollar closed up 0.0038 at 1.2795

Period StatisticalChange

10-period 11.9004 -1.08

21-period 11.4528 -0.22

39-period 10.6896 0.06

90-period 7.6638 0.00

Bollinger Bands are 2.14% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 63.9651. This is not an overbought or oversold reading. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 50.34.This is not a topping or bottoming area. The last signal was a buy 10 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 102.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 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 buy 9 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 119 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 288 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 18 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 9 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 20/10/14

close: 1.2795

Be prepared for a potential short term price fall back to the 1.2762 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 1.2885. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2885.

Files:
eur-daily.png  42 kb
 

VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)

as of 24/10/14

Volatility Analysis

On 24/10/14, US Dollar / Japanese Yen closed up 1.2600 at 108.1330

Period StatisticalChange

10-period 21.8997 0.35

21-period 17.5608 0.32

39-period 17.0361 -0.79

90-period 24.8449 -0.19

Bollinger Bands are 31.22% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 48.5912. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 64.74.This is not a topping or bottoming area. The last signal was a sell 2 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 56. This is not a topping or bottoming area.The last signal was a sell 2 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 10 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 24 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 59 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 47 period(s) ago.

Stop and Reverse (SAR)

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

Summary

The current market condition for US Dollar / Japanese Yen is: Very Bullish

The close is currently above its 200 period moving average.

The close is currently above its 90 period moving average.

The close is currently above its 30 period moving average.

US Dollar / Japanese Yen(USDJPY) Analysis of activity through 24/10/14

close: 108.1330

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.

If already holding long positions, we would look to partial profits on any retracement to 103.5530. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 101.5080. Be prepared for a potential short term price fall back to the 106.4770 area.

Files:
jpy-10271.png  47 kb
 

VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)

as of 24/10/14

Volatility Analysis

On 24/10/14, US Dollar / Japanese Yen closed up 1.2600 at 108.1330

Period StatisticalChange

10-period 21.8997 0.35

21-period 17.5608 0.32

39-period 17.0361 -0.79

90-period 24.8449 -0.19

Bollinger Bands are 31.22% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 48.5912. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 64.74.This is not a topping or bottoming area. The last signal was a sell 2 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 56. This is not a topping or bottoming area.The last signal was a sell 2 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 10 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 24 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 59 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 47 period(s) ago.

Stop and Reverse (SAR)

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

Summary

The current market condition for US Dollar / Japanese Yen is: Very Bullish

The close is currently above its 200 period moving average.

The close is currently above its 90 period moving average.

The close is currently above its 30 period moving average.

US Dollar / Japanese Yen(USDJPY) Analysis of activity through 24/10/14

close: 108.1330

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.

If already holding long positions, we would look to partial profits on any retracement to 103.5530. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 101.5080. Be prepared for a potential short term price fall back to the 106.4770 area.

Files:
jpy-10271.png  47 kb
 

A white body has formed as prices closed higher than open.

The previous 10 candlestick bars, there are 5 white candles versus 4 black candles with a net of 1 white candles.

The previous 50 candlestick bars, there are 23 white candles versus 25 black candles with a net of 2 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 crossedabove the signal line 14 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.24%, and has been fluctuating from a high of 1.288 to a low of 1.258.

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

There have been no divergencesignals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Sell 82 Period(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 15 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 4 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 3 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 below the upper Bollinger Band by 43.8%. Bollinger Bands are 2.15% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Files:
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A bigbullish 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 8 white candles versus 2 black candles with a net of 6 white candles.

The previous 50 candlestick bars, there are 31 white candles versus 19 black candles with a net of 12 white candles.

MACD is BULLISH as the MACD is above the signal line.

The MACD crossedabove the signal line 10 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has increased 8.04%, and has been fluctuating from a high of 112.468 to a low of 102.242.

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

There have been no divergencesignals during the last 5 periods.

The Stochastic Oscillatoris 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 103 Period(s) Ago.

The RSI is above 70. This is where it usually tops. 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 Sell 3 period(s) ago.

Currently the RSI does not show any Failure Swings. The price of US Dollar / Japanese Yen has set a new 14-period high while the RSI has not. This is a BEARISH DIVERGENCE.

Currently, the Momentum Oscillator is in an overbought 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 SELL 58 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 10 period(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 above the upper Bollinger Band by 3.9%. 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 US Dollar / Japanese Yen is in to continue. Bollinger Bands are 84.99% wider than normal.

Files:
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Euro Dollar / US Dollar-EURUSD

As of 03/11/14

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

Buy Target: 1.2522

Buy Stop: 1.2400

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 4 white candles versus 6 black candles with a net of 2 black candles.

The previous 50 candlestick bars, there are 23 white candles versus 25 black candles with a net of 2 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(which is the case with Euro Dollar / US Dollar) 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 it is called a hanging man line and signifies a reversal top. If it occurs during a downtrend(which is the case with Euro Dollar / US Dollar) 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.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 crossedbelow the signal line 1 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.21%, and has been fluctuating from a high of 1.261 to a low of 1.244.

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 87 Period(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 20 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 does not show an overbought or oversold condition.

The last Directional Movement Indicators (DMI) signal was a SELL 9 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 below the lower Bollinger Band by 5.4%. Although prices have broken the lower Bollinger Band and a downside breakout is possible, the most likely scenario is for the current trading range that Euro Dollar / US Dollar is in to continue. Bollinger Bands are 17.14% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Files:
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