Friday, July 23, 2010

7/23 Forex

  • No new Person's signals on the six currency pairs I follow.

No news is still news, right??

Truthfully, this post is scarcely worth reading. Set it aside and go for a coffee and danish instead.

ppspps openupper pivotlower pivot
EUR/USD US$1.2821 US$1.2879 jul21 US$1.2510 US$1.1602
USD/JPY¥87.36 ¥88.30 jul15 ¥91.49 ¥85.29
GBP/USD US$1.5365 US$1.5262 jul21 US$1.5266 US$1.4021
EUR/JPY ¥111.95 ¥112.69 jul21 ¥112.46 ¥103.05
USD/CAD C$1.0405 C$1.0488 jul22 C$1.1024 C$1.0291
USD/MXN Mex$12.7458 Mex$12.8693 jul22 Mex$13.4288 Mex$12.5516
    The analysis uses the daily Person's Proprietary Signal, developed by John Person, and the monthly Person's Pivot, which he also developed. These are black box signals -- the "proprietary" means that Mr. Person knows how they work under the hood, and I don't. But they have shown a fair degree of success in identifying good entry and exit points, and I find them useful. On the glance, "pps open" means the price at the start of trading in the United States on the day the signal appeared. Disclaimer
Tim Bovee, Private Trader tracks the trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment. No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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