One signal failed, but it's weak trending, so no surprise.
Forex currency pairs showing Parabolic SAR bull signals:
Forex currency pairs showiong parabolic SAR bear signals:
- AUD/JPY, analysis.
- CHF/JPY, analysis. Showing a bull phase on Person's Proprietary Signal, with the macd and stochastic moving in bullish directions. I'm declaring this signal a FAILURE with a 0.7% loss from theoretical entry. (The adx is at 19, so whipsaws are to be expected with this pair.)
- USD/JPY, analysis.
Financial consultant Leslie Masonson describes a strategy for actively trading exchange-traded funds.
A note on method: For stocks, I choose among signals, only watching those that meet a set of criteria aimed at moving the probabilities more in my favor.
For the 16 forex pairs I follow, I watch all signals, even when the trend is weak and the whipsaws likely.
New to private trading? Here's a look at How to Become a Private Trader.
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