4/7 Watchlist: Forex

Still no new Parabolic SAR signals on forex today. The dollar/yen (USD/JPY) and pound/yen (GBP/JPY) pairs are each showing new bear signals from Person's Proprietary Signal, which will sometimes lead the psar.

Forex currency pairs showing Parabolic SAR bull signals:

• AUD/NZD, analysis. Another pause pattern today with the stochastic moving into neutral. This signal is a SUCCESS for a 0.6% rise above the theoretical opening.
• AUD/USD, analysis. A pause pattern at the top of yesterday's range.
• USD/CHF, analysis.

Forex parabolic SAR bear signal:

• CHF/JPY, analysis.

---

Stalking the Black Swan: Research and Decision Making in a World of Extreme Volatility
Market analyst Kenneth Posner creates a new framework for managing extreme risk based on lessons learned in the recent collapse of capitalist finance.

---

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 Trader? Check out the Reader's Guide.

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