Intra Day Trading - page 34

 

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

Buy Target: 1.5266

Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!

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

The previous 10 candlestick bars, there are 2 white candles versus 8 black candles with a net of 6 black candles.

The previous 50 candlestick bars, there are 20 white candles versus 29 black candles with a net of 9 black candles.

A engulfing bullish line has formed where a white candle's real body completely contains the previous black candle's real body. The engulfing bullish pattern is bullish during a downtrend(which is the case with British Pound / US Dollar). It then signifies that the momentum may be shifting from the bears to the bulls.

If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.MACD is BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 8 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 0.01%, and has been fluctuating from a high of 1.529 to a low of 1.511.

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 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 21 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 88 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 9 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 35.4%. Bollinger Bands are 3.30% 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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Target: 120.6473

A white body has formed as prices closed higher 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 30 white candles versus 20 black candles with a net of 10 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 crossedbelow the signal line 14 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 2.10%, and has been fluctuating from a high of 125.274 to a low of 116.165.

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 152 Week(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 17 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 SELL 6 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 13 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

ABOVE its 50 weekly moving average

BELOW its 20 weekly moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 19.1%. Bollinger Bands are 17.63% 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:1.1336

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 29 white candles versus 21 black candles with a net of 8 white candles.

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

The MACD crossedabove the signal line 2 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.58%, and has been fluctuating from a high of 1.140 to a low of 1.124.

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 33 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 33 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 134 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 27 period(s) ago.

The close is currently

BELOW its 200 daily moving average

ABOVE its 50 daily moving average

ABOVE its 20 daily moving average

The current market condition for Euro Dollar / US Dollar is Mildly Bearish

Euro Dollar / US Dollar closed below the upper Bollinger Band by 11.2%. Bollinger Bands are 51.95% 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 14 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

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GBP/USD DAILY as of Wednesday, 14 October, 2015

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

Sell Target:1.5172

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

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

The MACD crossedabove the signal line 4 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased 0.40%, and has been fluctuating from a high of 1.539 to a low of 1.520.

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 16 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 26 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 DMI BUY reference point was crossed. If you are still buying, this might be a good place to stop out and prevent losses.

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 93 day(s) ago.

There were no SAR signals generated today. The lastSAR signal was a Buy 3 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 42.9%. Bollinger Bands are 3.42% 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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USD/JPY WEEKLY as of Monday, 19 October, 2015

Target:118.6340

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 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 crossedbelow the signal line 15 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 2.75%, and has been fluctuating from a high of 125.274 to a low of 116.165.

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 153 Week(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 18 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 SELL 7 week(s) ago.

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

The close is currently

ABOVE its 200 weekly moving average

ABOVE its 50 weekly moving average

BELOW its 20 weekly moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 12.9%. Bollinger Bands are 14.58% 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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USD/JPY WEEKLY as of Monday, 26 October, 2015

Target: 122.2267

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

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

A engulfing bullish line has formed where a white candle's real body completely contains the previous black candle's real body. The engulfing bullish pattern is bullish during a downtrend(which is the case with US Dollar / Japanese Yen). It then signifies that the momentum may be shifting from the bears to the bulls.

If the engulfing bullish pattern occurs during an uptrend, it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body.MACD is BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 16 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 1.11%, and has been fluctuating from a high of 125.274 to a low of 116.165.

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 154 Week(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 19 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 SELL 8 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 15 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

ABOVE its 50 weekly moving average

ABOVE its 20 weekly moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 41.5%. Bollinger Bands are 22.03% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

EUR/USD DAILYas ofTuesday, 27 October, 2015

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

Buy Target: 1.1085

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

The previous 50 candlestick bars, there are 26 white candles versus 24 black candles with a net of 2 white candles.

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

The MACD crossedbelow the signal line 2 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.07%, and has been fluctuating from a high of 1.135 to a low of 1.100.

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 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 Sell 43 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 SELL 144 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 2 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 7.0%. Bollinger Bands are 17.28% 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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GBP/USD DAILY as of Wednesday, 28 October, 2015

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

Sell Target:1.5275

Sell Stop: 1.5393

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 3 white candles versus 7 black candles with a net of 4 black candles.

The previous 50 candlestick bars, there are 17 white candles versus 32 black candles with a net of 15 black candles.

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

The MACD crossedabove the signal line 14 day(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased 0.02%, and has been fluctuating from a high of 1.551 to a low of 1.520.

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 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 36 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 103 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 2 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 47.2%. Bollinger Bands are 19.70% 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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USD/JPY WEEKLY as of Monday, 02 November, 2015

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 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 17 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased 1.78%, and has been fluctuating from a high of 125.274 to a low of 116.165.

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 155 Week(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 20 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 SELL 9 week(s) ago.

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

The close is currently

ABOVE its 200 weekly moving average

ABOVE its 50 weekly moving average

BELOW its 20 weekly moving average

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

US Dollar / Japanese Yen closed above the lower Bollinger Band by 31.5%. Bollinger Bands are 22.35% 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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EUR/USD DAILY as of Tuesday, 03 November, 2015

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

Sell Target:1.0992

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 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 BEARISH as the MACD is below the signal line.

The MACD crossedbelow the signal line 7 day(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.51%, and has been fluctuating from a high of 1.135 to a low of 1.090.

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 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 Sell 48 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 last Directional Movement Indicators (DMI) signal was a SELL 149 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 7 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 20.6%. Bollinger Bands are 20.72% 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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