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:

• AUD/NZD, 5/17. In@ NZ$1.2555.
• EUR/CHF, 5/19. In@ SF1.4140. New today.

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:

• AUD/USD, 4/19. In@ US$0.9182.
• CHF/JPY, 4/19. In@ ¥86.49.
• EUR/JPY, 4/19. In@ ¥123.94. A price reversal but the signal is bear phase.

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   

---

The Investor's Guide to Active Asset Allocation: Using Technical Analysis and ETFs to Trade the Markets

Martin Pring's detailed deconstruction of the economic cycle: What sorts stocks to look for at each stage of the recovery. A masterful analysis.

---

Skynet Panic of May 6
Panic Looks Like This
Skynet Panic Poisons Technical Tools

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.