The pairs are: EUR/CHF, EUR/JPY, EUR/USD, GBP/JPY.
EUR/CHF
The phase switch comes on the third uptrending day. Person's monthly pivots: Upper SF1.4531, mid SF1.4265, lower 1.676.
trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
---|---|---|---|---|---|---|---|---|
EUR/CHF SF1.3958 |
The previous bear phase, beginning May 26, produced a 3.8% decline at the low and a net 2.5% profit throughout the bear phase.
EUR/JPY
The phase switch comes on the third uptrending day. Pivots: Upper ¥122.23, mid ¥115.52, lower ¥98.88.
trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
---|---|---|---|---|---|---|---|---|
EUR/JPY ¥1.3957 |
The previous bear phase opened June 4 after a two-day whipsaw. It produced a 4.1% decline and a net 1.2% profit.
EUR/USD
The phase switch comes on the fifth day of an uptrend punctuated by two counter-trend days. Pivots: Upper US$1.3062, mid US$1.2602, lower US$1.1385.
trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
---|---|---|---|---|---|---|---|---|
EUR/USD US$1.2286 |
The previous bear phase, beginning April 16, produced a 12.5% decline and a net 10.6% profit.
GBP/JPY
The phase switch comes on the third day of an uptrend, with a counter-trend day sandwiched between the two others. Pivots: Upper ¥142.77, mid ¥134.74, lower ¥116.56.
trend | adx | psar | pps | macd | macd trend | sto | sto trend | |
---|---|---|---|---|---|---|---|---|
GBP/JPY ¥135.55 |
The previous bear phase, which opened June 7, proved to be a five-day whipsaw. It produced a 1.4% decline to the low and a net loss of 1.3% signal to signal.
OK. The credit bubble burst. Housing, burst. Shockwaves reverberated. Markets collapsed. What lies ahead as we remerge from the wreckage.
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.
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
- 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.
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