Wednesday, May 19, 2010

5/19 Watchlist: Forex

Added EUR/CHF to the bull list. Exited two: One success, one failure.


"In@" shows the entry price.

Person's Proprietary Signal analysis:

Confirmed, bull:

Confirmed, bear:
  • EUR/CAD, 5/5. In@ C$1.3242. Sharp rise up to the lower pivot with a pps reversal to bull phase. Exit at C$1.2950 as a SUCCESS for a 2.2% profit.
  • GBP/CHF, 5/7. In@ SF1.6294. Lower pivot is at SF1.6045.Sharp rise and a pps switch to bull phase. Exit at SF1.6542 as a FAILURE for a 1.5% loss.

This is the old-style analysis, what's left of it. It will be phased out once these signals have passed from the list.

Forex currency pairs showing parabolic sar bear signals:
Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic
   


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