Pivot (invalidation): 1.1120 Our preference Long positions above 1.1120 with targets at 1.1150 & 1.1175 in extension. Alternative scenario...
Getting in the Groove – Roller Coaster In my recent article discussing the MACD Stochastic Cross I concentrated on the technical theory behind our Roller Coaster trading strategy...
MACD Stochastic Cross Is Not Enough There are a great deal of interpretations of the “MACD Stochastic Cross” trading strategy and the principle is sound if you have the correct time frame to trade...
WTI crude held ground above $46.50 a barrel, as oil traders remained hopeful that OPEC and its allies could offer a satisfying solution to contain the decline in oil prices at their March 5-6 meeting...
US equities tanked 3% following a surprise 50-basis-point cut from the Federal Reserve (Fed) yesterday...
Pivot (invalidation): 6.0820 Our preference Long positions above 6.0820 with targets at 6.1260 & 6.1550 in extension. Alternative scenario...
Pivot (invalidation): 1626.00 Our preference Long positions above 1626.00 with targets at 1660.00 & 1675.00 in extension. Alternative scenario...
Pivot (invalidation): 3040.00 Our preference Short positions below 3040.00 with targets at 2949.00 & 2855.00 in extension. Alternative scenario...
Pivot (invalidation): 17.0000 Our preference Long positions above 17.0000 with targets at 17.4700 & 17.6600 in extension. Alternative scenario...
Pivot (invalidation): 12220.00 Our preference Short positions below 12220.00 with targets at 11840.00 & 11624.00 in extension. Alternative scenario...
Pivot (invalidation): 46.90 Our preference Long positions above 46.90 with targets at 48.65 & 49.70 in extension. Alternative scenario...
Pivot (invalidation): 0.6620 Our preference Short positions below 0.6620 with targets at 0.6575 & 0.6555 in extension. Alternative scenario...
Pivot (invalidation): 0.9550 Our preference Long positions above 0.9550 with targets at 0.9585 & 0.9605 in extension. Alternative scenario...
Pivot (invalidation): 1.3385 Our preference Short positions below 1.3385 with targets at 1.3335 & 1.3310 in extension. Alternative scenario...
Pivot (invalidation): 1.2830 Our preference Short positions below 1.2830 with targets at 1.2795 & 1.2760 in extension. Alternative scenario...
Pivot (invalidation): 106.80 Our preference Long positions above 106.80 with targets at 107.65 & 108.15 in extension. Alternative scenario...
Pivot (invalidation): 1.1190 Our preference Short positions below 1.1190 with targets at 1.1145 & 1.1115 in extension. Alternative scenario...
AUDUSD looks to extend further higher as it holds on to its recovery threats. On the downside, support comes in at the 1.6550 level. A cut through here will turn focus to the 0.6500 level and then the 0.6450 level. A violation will set the stage for a retarget of the 0.6400 level...
The Signal Envelopes indicator uses the robust filtering method based on: (1) the moving median Buff0 = <Median> = (Max {x} + Min {x}) / 2 and (2) the averaging algorithm developed by the author Buff1 = <(<Median> ) ^ (- 3)> * (<Median>) ^ 4 based on the moving median...
