Intra Day Trading - page 5

 

AUD/USD DAILY as of Monday, 05 August, 2013

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

Buy Target: 0.8910

Buy Stop: 0.8802

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

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

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 3 period(s) ago. Since the MACD crossed the MACD moving average, Australian Dollar / US Dollar's price has decreased 1.05%, and has been fluctuating from a high of 0.906 to a low of 0.885.

The Stochastic Oscillatoris currently below 20. This is an indication of the security being in an "oversold" condition.

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.

Directional Movement Indicators (DMI) signal was a SELL 8 period(s) ago and SAR signal was a Sell 4 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 Australian Dollar / US Dollar is Very Bearish

Australian Dollar / US Dollar broke below the downside support level of 0.91, 3 day(s) ago. This is a bearish sign. This previous support level of 0.91 now provide upside resistance. Prices have declined 1.06% since the breakout.

Australian Dollar / US Dollar closed below the lower Bollinger Band by 2.5%. 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 Australian Dollar / US Dollar is in to continue. Bollinger Bands are 48.65% wider than normal.

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GBP/USD DAILY as of Tuesday, 06 August, 2013

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

Sell Target:1.5341

Sell Stop: 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 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 25 white candles versus 24 black candles with a net of 1 white candles.

A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.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 as the MACD crossedabove the signal line 2 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 0.46%, and has been fluctuating from a high of 1.538 to a low of 1.510.

Stochastic signal was a Sell 5 Period(s) Ago.

The ADX is currently below both Plus and Minus Directional indicators and the Directional Movement Indicators (DMI) currently is not indicating a specific price direction, should not initiate any trades right now.

The last SAR signal was a Sell 4 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 British Pound / US Dollar is Mildly Bearish

British Pound / US Dollar broke above the down trendline at 1.54 today. This is a bullish sign. This down trendline, currently with an ending point at 1.53, now provide downside support. The most recently confirmed up trendline for British Pound / US Dollar has an ending point currently at 1.51. Expect prices to have some difficulty falling below this trendline. A break below this trendline (particularly on heavy volume) would be a bearish sign.

British Pound / US Dollar closed below the upper Bollinger Band by 23.9%. Bollinger Bands are 21.40% 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 Monday, 12 August, 2013

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

Sell Target:1.5477

Sell Stop: 1.5536

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 25 black candles with a net of 1 black candles.

A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.A long upper shadow has formed. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).

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

The MACD crossedabove the signal line 6 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 1.37%, and has been fluctuating from a high of 1.557 to a low of 1.510.

The Stochastic Oscillatoris currently above 80. This is an indication of the security being in an "overbought" condition. Stochastic signal was a Sell 9 Period(s) Ago.

The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Should not initiate any trades right now.

SAR signal was a Buy 4 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 14.5%. Bollinger Bands are 7.86% 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 WEEKLY as of Monday, 11 March, 2013

GBP/USD WEEKLY as of Monday, 11 March, 2013

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 22 white candles versus 28 black candles with a net of 6 black candles.

A long upper shadow has formed. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).MACD is BULLISH as the MACD is above the signal line.

The MACD crossedabove the signal line 4 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 1.47%, and has been fluctuating from a high of 1.557 to a low of 1.503.

Stochastic signal was a Sell 7 Period(s) Ago.

The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Should not initiate any trades right now.

SAR signal was a Sell 6 period(s) ago.

The close is currently

BELOW its 200 weekly moving average

BELOW its 50 weekly moving average

ABOVE its 20 weekly moving average

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

British Pound / US Dollar closed below the upper Bollinger Band by 28.0%. Bollinger Bands are 31.56% 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: BUYEuro Dollar / US Dollar

Buy Target: 1.3310

Buy Stop: 1.3283

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 27 white candles versus 23 black candles with a net of 4 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 BULLISH as the MACD is above the signal line.

The MACD crossedabove the signal line 22 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 1.81%, and has been fluctuating from a high of 1.340 to a low of 1.300.

Stochastic signal was a Buy 24 Period(s) Ago.

The last SAR and Directional Movement Indicators (DMI) signal was a BUY 24 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 Euro Dollar / US Dollar is Very Bullish.The most recently confirmed up trendline for Euro Dollar / US Dollar has an ending point currently at 1.28. Expect prices to have some difficulty falling below this trendline. A break below this trendline would be a bearish sign.

Euro Dollar / US Dollar closed below the upper Bollinger Band by 32.0%. Bollinger Bands are 35.14% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices。

Short Term:Neutral

Intermediate Term:Bullish

Long Term:Bullish

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

Sell Target:0.9178

Sell Stop: 0.9223

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 7 white candles versus 3 black candles with a net of 4 white 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 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, Australian Dollar / US Dollar's price has increased 0.99%, and has been fluctuating from a high of 0.922 to a low of 0.897.

Stochastic Oscillatoris currently above 80. This is an indication of the AUD/USD being in an "overbought" condition.

The RSI has just reached its highest value in the last 14 period(s). This is BULLISHsignal.

The RSI has set a new 14-period high while the price of Australian Dollar / US Dollar has not. This is a BULLISH DIVERGENCE.

The last Directional Movement Indicators (DMI) signal was a BUY 2 period(s) ago.

SAR signal was a Buy 6 period(s) Ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

ABOVE its 20 daily moving average

The current market condition for Australian Dollar / US Dollar is Bearish.Australian Dollar / US Dollar broke above the upside resistance level of 0.90, nine days ago. This is a bullish sign. This previous resistance level of 0.90 now provide downside support. Prices have risen 2.22% since the breakout.

Australian Dollar / US Dollar closed below the upper Bollinger Band by 30.0%. Bollinger Bands are 28.08% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Overall, the bias in prices is: Downwards.

Short term: Prices are moving.

Intermediate term: Prices are ranging.

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AUD/USD WEEKLY as of Monday, 19 August, 2013

AUD/USD WEEKLY as of Monday, 19 August, 2013

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 26 black candles with a net of 3 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.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 17 period(s) ago. Since the MACD crossed the MACD moving average, Australian Dollar / US Dollar's price has decreased 10.57%, and has been fluctuating from a high of 1.038 to a low of 0.885.

RSI signal was a Buy 2 period(s) ago.

The RSI has just reached its highest value in the last 14 period(s). This is BULLISHsignal.

The RSI has set a new 14-period high while the price of Australian Dollar / US Dollar has not. This is a BULLISH DIVERGENCE.

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 Australian Dollar / US Dollar is Very Bearish.Australian Dollar / US Dollar broke below the up trendline at 0.97,14 week(s) ago. This is a bearish sign. This up trendline, currently with an ending point at 1.01, may now provide upside resistance. Prices have declined 5.84% since the breakout.

Australian Dollar / US Dollar closed above the lower Bollinger Band by 31.9%. Bollinger Bands are 63.81% wider than normal.

Overall, the bias in prices is: Downwards.

Short term: Prices are stalling.

Intermediate term: Prices are trending.

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

Sell Target:1.5639

Sell Stop: 1.5663

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

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

A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.

MACD is BULLISH as the MACD is above the signal line. The MACD crossedabove the signal line 12 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has increased 2.38%, and has been fluctuating from a high of 1.567 to a low of 1.510.

The Stochastic Oscillatoris currently above 80. This is an indication of an "overbought" condition. Stochastic was a Sell 5 Period(s) ago.

The RSI has just reached its highest value in the last 14 period(s). This is BULLISHsignal.

Currently, the Momentum Oscillator is in an overbought condition.

The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Should not initiate any trades right now.

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 broke above the upside resistance level of 1.56, 1 day ago. This is a bullish sign. This previous resistance level of 1.56 now provide downside support. Prices have only risen 0.01% since the breakout. The most recently confirmed downside support level for British Pound / US Dollar is around 1.49. Expect prices to have some difficulty falling below this level. A break below this level (particularly on heavy volume) would be a bearish sign.

British Pound / US Dollar closed below the upper Bollinger Band by 12.7%. Bollinger Bands are 16.82% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

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EUR/USD WEEKLY as of Monday, 26 August, 2013

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.

A doji star has formed where a doji gaps above or below the previous candle. This often signals a reversal with confirmation occurring on the next bar.

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

The MACD crossedabove the signal line 5 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.78%, and has been fluctuating from a high of 1.345 to a low of 1.315.

The Stochastic Oscillatoris currently above 80. This is an indication of an "overbought" condition.

The price of Euro Dollar / US Dollar has set a new 14-period high while the RSI has not. This is a BEARISH DIVERGENCE.

The ADX is currently below both Plus and Minus Directional indicators and the Directional Movement Indicators (DMI) currently is not indicating a specific price direction.Should not initiate any trades right now.

The lastSAR signal was a Buy 4 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 Euro Dollar / US Dollar is Very Bullish.Euro Dollar / US Dollar appears to be locked in a trading range bounded by upside resistance is around 1.49and downside support around 1.21.

Euro Dollar / US Dollar closed below the upper Bollinger Band by 14.0%. Bollinger Bands are 48.10% 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 11 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

Overall, the bias in prices is: Upwards.

Short term: Prices are moving.

Intermediate term: Prices are ranging.

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EUR/USD DAILY as of Monday, 26 August, 2013

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

Sell Target:1.3375

Sell Stop: 1.3397

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 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 2 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has increased 0.25%, and has been fluctuating from a high of 1.341 to a low of 1.330.

SAR signal was a Buy 4 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 Euro Dollar / US Dollar is Very Bullish

Euro Dollar / US Dollar closed below the upper Bollinger Band by 19.2%. Bollinger Bands are 52.93% 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 8 period(s). The probability of a significant price move increases the longer the Bollinger Bands remain in this narrow range.

Overall, the bias in prices is: Upwards.

Short term: Prices are stalling.

Intermediate term: Prices are ranging.

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