Intra Day Trading - page 16

 

VIT Weekly Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 01/08/14

Volatility Analysis

On 01/08/14, Australian Dollar / US Dollar closed down -0.0084 at 0.9310

Period StatisticalChange

10-period 10.0031 -2.11

21-period 14.0669 -0.52

39-period 18.9900 -0.37

90-period 24.4494 0.02

Bollinger Bands are 63.48% narrower than normal. Australian 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 28.4497. This is not an overbought or oversold reading. The last signal was a sell 4 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 51.43.This is not a topping or bottoming area. The last signal was a buy 51 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -25. This is not a topping or bottoming area.The last signal was a sell 4 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 0 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 156 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 5 period(s) ago.

Summary

The current market condition for Australian Dollar / US Dollar is: 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 above its 30 period moving average.

Australian Dollar / US Dollar(AUDUSD) Analysis of activity through 01/08/14

close: 0.9310

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 0.9229. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 0.9208. Be prepared for a potential short term price fall back to the 0.9244 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 0.9203

If Short -- exit all contracts at ... 0.9504

Files:
 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 05/08/14

Volatility Analysis

On 05/08/14, Euro Dollar / US Dollar last price up 0.0000 at 1.3421

Period StatisticalChange

10-period 2.7883 -0.71

21-period 3.4927 -0.05

39-period 3.6431 0.00

90-period 4.2174 -0.01

Bollinger Bands are 43.38% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 73.6365. 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 34.32.This is not a topping or bottoming area. The last signal was a buy 2 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -50. This is not a topping or bottoming area.The last signal was a buy 2 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 18 period(s) ago.

Trend Analysis

Aroon

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

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 234 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 15 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 15 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 05/08/14

Last price: 1.3421

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 1.3484. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3549. Be prepared for a potential short term price pull back to the 1.3459 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3367

If Short -- exit all contracts at ... 1.3568

Files:
eur_1.png  23 kb
 

Dear Martin Kay,

I Hope you dont mine sharing your thread... I would like to post my scenario...

Other wise Please DELETE my post...

Currency color arrangment

1) GBP - Lime

2) EUR - Aqua

3) USD - White

4) JPY - Orange

5) AUD - Yellow

6) NZD - Red

7) CAD - Purple

The first picture represent RSI calculation on an hourly basis (A) on a H1 timeframe

The 2nd picture represent RSI calculation on a 4 hour basis (B) on a H1 timeframe

From the above picture my assumption is this

1) GBP is on the move again (B)... this week - recommend BUY when your indicator is on a low side

yours truly

AZRUL...

Files:
5_aug_rsi.png  315 kb
 

VIT Weekly Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 08/08/14

Volatility Analysis

On 08/08/14, Australian Dollar / US Dollar closed down -0.0036 at 0.9274

Period StatisticalChange

10-period 9.1037 -0.90

21-period 14.0455 -0.02

39-period 18.9368 -0.05

90-period 24.4455 -0.00

Bollinger Bands are 73.58% narrower than normal. Australian 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 21.0111. This is not an overbought or oversold reading. The last signal was a sell 5 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 49.17.This is not a topping or bottoming area. The last signal was a buy 52 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -88. This is not a topping or bottoming area.The last signal was a sell 5 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 1 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 157 period(s) ago.

MACD Trend Signal

A MACD Trend Sell signal was generated today.

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 08/08/14

close: 0.9274

Be prepared for a potential short term price fall back to the 0.9245 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 0.9504. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 0.9504.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 0.9203

If Short -- exit all contracts at ... 0.9504

Files:
aud-weekly.png  45 kb
 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 12/08/14

Volatility Analysis

On 12/08/14, Euro Dollar / US Dollar closed down -0.0012 at 1.3371

Period StatisticalChange

10-period 3.9889 -0.11

21-period 3.7428 -0.09

39-period 3.7128 -0.13

90-period 4.1767 -0.07

Bollinger Bands are 2.56% narrower than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 55.3871. This is not an overbought or oversold reading. The last signal was a buy 7 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 34.95.This is not a topping or bottoming area. The last signal was a buy 2 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -78. This is not a topping or bottoming area.The last signal was a buy 2 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 2 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 70 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 239 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 20 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 2 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 12/08/14

close: 1.3371

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 1.3444. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3444. Be prepared for a potential short term price pull back to the 1.3436 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3333

If Short -- exit all contracts at ... 1.3484

Files:
eur.png  23 kb
 

VIT Weekly Analysis

Review of US Dollar / Canadian Dollar (USDCAD)

as of 15/08/14

Volatility Analysis

On 15/08/14, US Dollar / Canadian Dollar closed down -0.0075 at 1.0894

Period StatisticalChange

10-period 13.1967 -0.01

21-period 12.2963 -0.68

39-period 14.6117 0.12

90-period 16.2214 -0.03

Bollinger Bands are 18.52% narrower than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 85.6695. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a buy 4 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 53.13.This is not a topping or bottoming area. The last signal was a sell 20 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 72. This is not a topping or bottoming area.The last signal was a sell 0 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 1 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 38 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 2 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 38 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 2 period(s) ago.

Summary

The current market condition for US Dollar / Canadian Dollar 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 / Canadian Dollar(USDCAD)

Analysis of activity through 15/08/14

close: 1.0894

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 1.0619. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.0619. Be prepared for a potential short term price fall back to the 1.0813 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.0619

If Short -- exit all contracts at ... 1.0988

Files:
cad-weekly.png  40 kb
 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 19/08/14

Volatility Analysis

On 19/08/14, Euro Dollar / US Dollar closed down -0.0005 at 1.3356

Period StatisticalChange

10-period 3.6805 -0.55

21-period 3.7993 -0.00

39-period 3.8134 -0.06

90-period 4.0262 0.00

Bollinger Bands are 39.01% narrower than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 44.3770. This is not an overbought or oversold reading. The last signal was a buy 12 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 36.78.This is not a topping or bottoming area. The last signal was a buy 7 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 buy 4 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 7 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 75 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 244 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 25 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 5 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 19/08/14

close: 1.3356

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 1.3432. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3432. Be prepared for a potential short term price pull back to the 1.3426 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.3333

If Short -- exit all contracts at ... 1.3444

Files:
eur_1.png  24 kb
 

VIT Weekly Analysis

Review of US Dollar / Canadian Dollar (USDCAD)

as of 22/08/14

Volatility Analysis

On 22/08/14, US Dollar / Canadian Dollar closed up 0.0046 at 1.0940

Period Statistical Change

10-period 12.7562 -0.44

21-period 11.1597 -1.14

39-period 14.5086 -0.10

90-period 16.2335 0.01

Bollinger Bands are 19.74% narrower than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 83.1498. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a buy 5 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 55.57.This is not a topping or bottoming area. The last signal was a sell 21 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 85. This is not a topping or bottoming area.The last signal was a sell 1 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 2 period(s) ago.

Trend Analysis

Aroon

An Aroon Buy signal was generated today.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 3 period(s) ago.

MACD Trend Signal

A MACD Trend Buy signal was generated today.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 3 period(s) ago.

Summary

The current market condition for US Dollar / Canadian Dollar 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.

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

US Dollar / Canadian Dollar(USDCAD)

Analysis of activity through 22/08/14

close: 1.0940

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 1.0619. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 1.0619. Be prepared for a potential short term price fall back to the 1.0821 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 1.0619

If Short -- exit all contracts at ... 1.0986

Files:
 

Euro Dollar / US Dollar-EURUSD

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

Sell Target:1.3173

Sell Stop: 1.3258

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

A falling window has formed where the bottom of the previous shadow is above the top of the current shadow. This usually implies a continuation of a bearish trend.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, Euro Dollar / US Dollar's price has decreased 0.55%, and has been fluctuating from a high of 1.332 to a low of 1.318.

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 37 Period(s) Ago.

The RSI is below 30. This is where it usually bottoms. 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 Buy 2 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 37 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 below the lower Bollinger Band by 16.8%. This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely. Bollinger Bands are 0.86% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Files:
eur_2.png  57 kb
 

VIT Weekly Analysis

Review of Australian Dollar / US Dollar (AUDUSD)

as of 29/08/14

Volatility Analysis

On 29/08/14, Australian Dollar / US Dollar closed up 0.0022 at 0.9333

Period StatisticalChange

10-period 8.2906 0.19

21-period 11.9740 -0.09

39-period 17.6308 -0.11

90-period 24.3055 -0.03

Bollinger Bands are 76.26% narrower than normal. Australian 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 38.4013. This is not an overbought or oversold reading. The last signal was a sell 8 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 52.94.This is not a topping or bottoming area. The last signal was a buy 55 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -36. This is not a topping or bottoming area.The last signal was a sell 8 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.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 160 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 3 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 3 period(s) ago.

Summary

The current market condition for Australian Dollar / US Dollar is: 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 above its 30 period moving average.

Australian Dollar / US Dollar(AUDUSD)

Analysis of activity through 29/08/14

close: 0.9333

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 0.9238. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 0.9238. Be prepared for a potential short term price fall back to the 0.9256 area.

Suggested standing placement of fail-safe stops...

If Long -- exit all contracts at ... 0.9208

If Short -- exit all contracts at ... 0.9504

Files:
aud-weekly.png  32 kb