Intra Day Trading - page 19

 

VIT Weekly Analysis

Review of US Dollar / Japanese Yen (USDJPY)

as of 07/11/14

Volatility Analysis

On 07/11/14, US Dollar / Japanese Yen closed up 2.2910 at 114.5630

Period StatisticalChange

10-period 28.8418 0.51

21-period 23.0597 0.55

39-period 20.8812 0.70

90-period 26.0779 0.22

Bollinger Bands are 73.05% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 86.1053. This is an overbought reading. Monitor for reversal signal when the Oscillator crosses below 80. The last signal was a sell 3 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 77.62.This is where it usually tops which often occurs before the underlying asset. The last signal was a sell 4 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 180.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. 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 buy 12 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 26 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 61 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 49 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 11 period(s) ago.

Summary

The current market condition for US Dollar / Japanese Yen 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 / Japanese Yen(USDJPY) Analysis of activity through 07/11/14

close: 114.5630

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.

If already holding long positions, we would look to partial profits on any retracement to 105.0330. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 102.2420. Be prepared for a potential short term price fall back to the 108.0796 area.

Files:
jpy-weekly.png  50 kb
 

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

Buy Target: 1.2486

Buy Stop: 1.2361

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

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

The MACD crossedbelow the signal line 6 period(s) ago. Since the MACD crossed the MACD moving average, Euro Dollar / US Dollar's price has decreased 0.75%, and has been fluctuating from a high of 1.261 to a low of 1.236.

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 92 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 Buy 25 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 last Directional Movement Indicators (DMI) signal was a SELL 14 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 13 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 12.3%. Bollinger Bands are 78.24% wider than normal.

Files:
eur.png  48 kb
 

VIT Daily Analysis

Review of US Dollar / Japanese Yen (USDJPY)

as of 11/11/14

Volatility Analysis

On 11/11/14, US Dollar / Japanese Yen closed up 1.1350 at 115.8460

Period StatisticalChange

10-period 16.7145 -0.07

21-period 14.6486 -0.20

39-period 13.3214 -0.24

90-period 10.0121 0.10

Bollinger Bands are 253.48% wider than normal. US Dollar / Japanese Yen is currently experiencing very high volatility as compared to its normal range. The probability of volatility decreasing and prices consolidating is likely in the near future.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 73.0290. This is not an overbought or oversold reading. The last signal was a sell 0 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 80.24.This is where it usually tops which often occurs before the underlying asset. The last signal was a sell 29 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 92. 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 12 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 9 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 13 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 9 period(s) ago.

Stop and Reverse (SAR)

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

Summary

The current market condition for US Dollar / Japanese Yen 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 / Japanese Yen(USDJPY)

Analysis of activity through 11/11/14

close: 115.8460

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.

If already holding long positions, we would look to partial profits on any retracement to 108.8570. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 107.6010. Be prepared for a potential short term price fall back to the 113.1846 area.

Files:
jpy.png  39 kb
 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 17/11/14

Volatility Analysis

On 17/11/14, Euro Dollar / US Dollar closed down -0.0079 at 1.2447

Period StatisticalChange

10-period 10.0497 0.64

21-period 9.0444 0.15

39-period 10.6713 0.13

90-period 8.5852 0.06

Bollinger Bands are 15.47% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 62.7569. This is not an overbought or oversold reading. The last signal was a buy 9 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 41.25.This is not a topping or bottoming area. The last signal was a buy 30 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -12. This is not a topping or bottoming area.The last signal was a buy 5 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 Sell 12 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 19 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 11 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 1 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 17/11/14

close: 1.2447

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 1.2577. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2608. Be prepared for a potential short term price pull back to the 1.2575 area.

 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 17/11/14

Volatility Analysis

On 17/11/14, Euro Dollar / US Dollar closed down -0.0079 at 1.2447

Period StatisticalChange

10-period 10.0497 0.64

21-period 9.0444 0.15

39-period 10.6713 0.13

90-period 8.5852 0.06

Bollinger Bands are 15.47% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 62.7569. This is not an overbought or oversold reading. The last signal was a buy 9 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 41.25.This is not a topping or bottoming area. The last signal was a buy 30 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -12. This is not a topping or bottoming area.The last signal was a buy 5 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 Sell 12 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 19 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 11 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 1 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 17/11/14

close: 1.2447

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 1.2577. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2608. Be prepared for a potential short term price pull back to the 1.2575 area.

Files:
eur_1.png  45 kb
 

VIT Daily Analysis

Review of British Pound / US Dollar (GBPUSD)

as of 18/11/14

Volatility Analysis

On 18/11/14, British Pound / US Dollar closed down -0.0003 at 1.5632

Period StatisticalChange

10-period 7.6493 -0.25

21-period 6.9373 -0.32

39-period 8.3989 -0.06

90-period 7.8377 -0.04

Bollinger Bands are 42.21% wider than normal.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 15.3992. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 10 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 28.40.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 31 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -130.This is an oversold reading. Monitor for reversal signal when the indicator crosses above -100. The last signal was a buy 5 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 10 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 9 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 545 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 8 period(s) Ago.

Stop and Reverse (SAR)

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

Summary

The current market condition for British Pound / 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.

Analysis of activity through 18/11/14

close: 1.5632

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 1.6001. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.6021. Be prepared for a potential short term price pull back to the 1.5860 area.

Files:
gbp.png  52 kb
 

VIT Weekly Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 21/11/14

Volatility Analysis

On 21/11/14, Euro Dollar / US Dollar closed down -0.0138 at 1.2388

Period StatisticalChange

10-period 16.7417 0.30

21-period 13.3918 -0.10

39-period 12.8105 0.16

90-period 16.4259 -0.07

Bollinger Bands are 118.61% wider than normal. Euro Dollar / US Dollar is currently experiencing very high volatility as compared to its normal range. The probability of volatility decreasing and prices consolidating is likely in the near future.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 19.0755. This is an oversold reading. Monitor for reversal signal when the Oscillator crosses above 20. The last signal was a buy 5 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 25.67.This is where it usually bottoms which often ocurs before the underlying asset. The last signal was a buy 5 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -100. This is not a topping or bottoming area.The last signal was a buy 1 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a sell 33 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 71 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 223 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 72 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 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.

Analysis of activity through 21/11/14

close: 1.2388

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 1.2901. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.3160. Be prepared for a potential short term price pull back to the 1.2745 area.

Files:
eur-weekly.png  55 kb
 

VIT Daily Analysis

Review of US Dollar / Japanese Yen (USDJPY)

as of 24/11/14

Volatility Analysis

On 24/11/14, US Dollar / Japanese Yen closed up 0.7440 at 118.5670

Period StatisticalChange

10-period 8.6166 0.16

21-period 13.6109 -0.09

39-period 13.5691 0.07

90-period 10.2337 0.04

Bollinger Bands are 134.52% wider than normal. US Dollar / Japanese Yen is currently experiencing very high volatility as compared to its normal range. The probability of volatility decreasing and prices consolidating is likely in the near future.

Momentum Indicators

Stochastic Oscillator

The Stochastic Oscillator is 76.6056. This is not an overbought or oversold reading. The last signal was a sell 0 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 81.65.This is where it usually tops which often occurs before the underlying asset. The last signal was a sell 38 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is 117.This is an overbought reading. Monitor for reversal signal when the indicator crosses below 100. The last signal was a sell 10 period(s) ago.

MACD Momentum Indicator

The Moving Average Convergence/Divergence INDICATOR(MACD) crosses its 9 period signal line which triggers a buy 21 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Buy 18 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Buy 22 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signal was a Buy 18 period(s) ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 22 period(s) ago.

Summary

The current market condition for US Dollar / Japanese Yen 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.

Analysis of activity through 24/11/14

close: 118.5670

The current trend is up and all orders on the long side may be considered. The current market price activity is Strongly Bullish and suggests favorable trade opportunities on the long side.

If already holding long positions, we would look to partial profits on any retracement to 114.8900. Traders with remaining long positions after profit taking should consider placing exit stops in the region of 113.8590. Be prepared for a potential short term price fall back to the 116.3942 area.

Files:
jpy_1.png  28 kb
 

A black body has formed as prices closed lower 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 23 white candles versus 27 black candles with a net of 4 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).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 18 period(s) ago. Since the MACD crossed the MACD moving average, British Pound / US Dollar's price has decreased 7.84%, and has been fluctuating from a high of 1.710 to a low of 1.559.

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 74 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 7 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 last Directional Movement Indicators (DMI) signal was a BUY 288 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell 17 period(s) ago.

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 British Pound / US Dollar is Very Bearish

British Pound / US Dollar closed above the lower Bollinger Band by 12.6%. Bollinger Bands are 77.61% wider than normal.

Files:
gbp-weekly.png  53 kb
 

VIT Daily Analysis

Review of Euro Dollar / US Dollar (EURUSD)

as of 01/12/14

Volatility Analysis

On 01/12/14, Euro Dollar / US Dollar closed up 0.0018 at 1.2468

Period StatisticalChange

10-period 9.5522 -0.64

21-period 9.6157 -0.33

39-period 10.2891 -0.02

90-period 9.1120 0.01

Bollinger Bands are 48.23% 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 47.2913. This is not an overbought or oversold reading. The last signal was a buy 19 period(s) ago.

Relative Strength Index (RSI)

The current value of the RSI is 45.56.This is not a topping or bottoming area. The last signal was a buy 40 period(s) ago.

Commodity Channel Index (CCI)

The current value of the CCI is -33. This is not a topping or bottoming area.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 11 period(s) ago.

Trend Analysis

Aroon

There were no Aroon signals generated today. The last signal was a Sell 1 period(s) ago.

Directional Indicator

There were no Directional Indicator signals generated today. The last signal was a Sell 29 period(s) ago.

MACD Trend Signal

There were no MACD Trend signalsgenerated today. The last MACD Trend signalwas a Sell 21 period(s) Ago.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Sell 6 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.

Analysis of activity through 01/12/14

close: 1.2468

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 1.2599. Traders with remaining short positions after profit taking should consider placing exit stops in the region of 1.2599. Be prepared for a potential short term price pull back to the 1.2556 area.

Files:
eur.png  45 kb