Intra Day Trading - page 29

 

*** Intra-Daily Trading Strategy: SELLBritish Pound / US Dollar

Sell Target:1.5689

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

The previous 50 candlestick bars, there are 32 white candles versus 18 black candles with a net of 14 white candles.

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

The MACD crossedabove the signal line 7 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 1.16%, and has been fluctuating from a high of 1.593 to a low of 1.547.

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 25 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 Sell 1 period(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 13 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 9 period(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 British Pound / US Dollar is Very Bullish

British Pound / US Dollar closed below the upper Bollinger Band by 23.6%. Bollinger Bands are 63.07% wider than normal. GBP/USD DAILY as of Wednesday, 24 June, 2015

*** Intra-Daily Trading Strategy: SELLBritish Pound / US Dollar

Sell Target:1.5689

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

The previous 50 candlestick bars, there are 32 white candles versus 18 black candles with a net of 14 white candles.

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

The MACD crossedabove the signal line 7 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 1.16%, and has been fluctuating from a high of 1.593 to a low of 1.547.

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 25 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 Sell 1 period(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 13 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 9 period(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 British Pound / US Dollar is Very Bullish

British Pound / US Dollar closed below the upper Bollinger Band by 23.6%. Bollinger Bands are 63.07% wider than normal.

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gbp_1.png  47 kb
 

*** Intra-Weekly Trading Strategy: BUYUS Dollar / Japanese Yen

Buy Target: 124.6360

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 33 white candles versus 17 black candles with a net of 16 white candles.

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

The MACD crossedabove the signal line 3 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 1.40%, and has been fluctuating from a high of 125.852 to a low of 122.456.

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 137 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 Sell 2 period(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 SELL 92 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 16 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 below the upper Bollinger Band by 11.9%. Bollinger Bands are 7.28% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

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VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 29/06/15

Volatility Analysis

On 29/06/15, Euro Dollar / US Dollar closed up 0.0049 at 1.1215

Period StatisticalChange

10-period 12.3319 0.34

21-period 15.1263 0.05

39-period 15.3466 0.03

90-period 15.6708 0.00

Bollinger Bands are 55.89% narrower than normal. Euro Dollar / US Dollar is currently experiencing very low volatility as compared to its normal range. The probability of volatility increasing with a sharp price move is likely in the near future.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 37.7288. This is not an overbought or oversold reading. The last signal was a buy 0 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 50.79.This is not a topping or bottoming area. The last signal was a sell 37 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -107.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 3 period(s) ago.

MACD Momentum Indicator

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

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 57 period(s) ago.

Directional Indicator

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

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 56 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 Euro Dollar / US Dollar is: Mildly Bearish

The close is currently below 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.

Analysis of activity through 29/06/15

close: 1.1215

Be prepared for a potential short term price fall back to the 1.1194 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 1.1435. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.1435.

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eur_2.png  31 kb
 

*** Intra-Daily Trading Strategy: SELLBritish Pound / US Dollar

Sell Target:1.5655

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 31 white candles versus 19 black candles with a net of 12 white candles.

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

The MACD crossedbelow the signal line 0 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has been unchanged, and has been fluctuating from a high of 1.577 to a low of 1.568.

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 30 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 Sell 6 period(s) ago.

The RSI has just reached its lowest value in the last 14 period(s). This is BEARISH signal.The RSI has set a new 14-period low while the price of British Pound / US Dollar has not. This is a BEARISH 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 18 period(s) ago.

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

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 British Pound / US Dollar is Very Bullish

British Pound / US Dollar closed below the upper Bollinger Band by 40.2%. Bollinger Bands are 40.95% wider than normal.

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gbp_2.png  48 kb
 

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 34 white candles versus 16 black candles with a net of 18 white candles.

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

The MACD crossedbelow the signal line 0 weeks ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has been unchanged, and has been fluctuating from a high of 123.711 to a low of 121.941.

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 138 Weeks 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 weeks 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 SELL 93 weeks ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 17 weeks 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 27.5%. Bollinger Bands are 7.90% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

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

Sell Target:1.1012

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 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 27 white candles versus 22 black candles with a net of 5 white 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 BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 9 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 1.07%, and has been fluctuating from a high of 1.128 to a low of 1.099.

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 9 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 Sell 42 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 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 64 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 9 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 8.5%. Bollinger Bands are 28.04% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Files:
eur.png  41 kb
 

*** Intra-Daily Trading Strategy: SELLBritish Pound / US Dollar

Sell Target:1.5381

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 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 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles.

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

The MACD crossedbelow the signal line 5 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased 1.44%, and has been fluctuating from a high of 1.577 to a low of 1.541.

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 35 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 Sell 11 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 23 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 5 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 British Pound / US Dollar is Very Bearish

British Pound / US Dollar closed above the lower Bollinger Band by 8.1%. Bollinger Bands are 9.26% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Files:
gbp.png  49 kb
 

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 34 white candles versus 16 black candles with a net of 18 white candles.

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).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 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, US Dollar / Japanese Yen's price has decreased 0.04%, and has been fluctuating from a high of 123.711 to a low of 120.412.

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 139 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 Sell 4 period(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 SELL 94 period(s) ago.

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

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 30.3%. Bollinger Bands are 8.89% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

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Euro Dollar / US Dollar-EURUSD

As of 13/07/15

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

Sell Target:1.0909

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 5 white candles versus 5 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 14 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 1.72%, and has been fluctuating from a high of 1.128 to a low of 1.092.

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 14 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 Sell 47 period(s) ago.

Currently the RSI does not show any Failure Swings. The price of Euro Dollar / 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 SELL 69 period(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 1 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 11.3%. Bollinger Bands are 15.22% narrower 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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British Pound / US Dollar-GBPUSD

As of 14/07/15

*** Intra-Daily Trading Strategy: BUY British Pound / US Dollar

Buy Target: 1.5698

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 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 29 white candles versus 21 black candles with a net of 8 white candles.

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

The MACD crossed below the signal line 10 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased 0.34%, and has been fluctuating from a high of 1.577 to a low of 1.533.

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 40 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 Sell 16 period(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 28 period(s) ago.

A SAR Buy signal generated today. If you are short, this might be a good place to exit.

The close is currently

ABOVE its 200 daily moving average

ABOVE its 50 daily moving average

ABOVE its 20 daily moving average

With strong confirmation from the short term-trend and a current Buy signal. The current market condition for British Pound / US Dollar is Very Bullish

British Pound / US Dollar closed above the lower Bollinger Band by 47.5%. Bollinger Bands are 10.14% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

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gbp_1.png  49 kb
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