4/14 Forex Signals

Four parabolic sar signals among the herd of currency pairs that graze on my prairie.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
AUD/JPY ¥87.07
EUR/JPY ¥127.17
GBP/CHF SF1.6275
USD/CHF SF1.0516

All forex pairs have low or marginal average directional indexes, which means they are whipsaw prone.

• AUD/JPY, bull, adx=24. A whipsaw after four days bearish.
• EUR/JPY, bull, adx=16. Another whipsaw, four days bearish.
• GBP/CHF, bear, adx=24
• USD/CHF, bear, adx=15

AUD/JPY You are here:

• Reversal
• ¥90.25, +3.7%
• ¥87.53, +0.5%
• Now ¥87.07
• Reversal
• ¥86.60, -0.5%

EUR/JPY You are here:

• Reversal
• ¥134.37, +5.7%
• ¥127.92, +0.6%
• Now ¥127.17
• Reversal
• ¥123.42, -3%

GBP/CHF You are here:

• Reversal
• SF1.6513, +1.5%
• Now SF1.6275
• Reversal
• SF1.5792, -3%

USD/CHF You are here:

• Reversal
• SF1.0785, +2.6%
• Now SF1.0516
• Reversal
• SF1.0434, -0.8%

Thes signals will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.

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

About the glance: The colors indicate the state of each signal.

• trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
• adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.

New to Private Trader? Check out the Reader's Guide.

New to private trading? Here's a look at How to Become a Private Trader.