- Person's charts steady; no phase switches.
(Wouldn't it be great if newspapers worked like that? "No News Today: Gone Fishing!")
|pps||pps open||upper pivot||lower pivot|
|EUR/USD US$1.3076||US$1.2878 jul26||US$1.2510||US$1.1602|
|GBP/USD US$1.5644||US$1.5258 jul23||US$1.5266||US$1.4021|
|EUR/JPY ¥113.95||¥112.87 jul27||¥112.46||¥103.05|
|USD/CAD C$1.0327||C$1.0488 jul22||C$1.1024||C$1.0291|
|USD/MXN Mex$12.7295||Mex$12.8693 jul22||Mex$13.4288||Mex$12.6637|
The analysis uses the daily Person's Proprietary Signal, developed by John Person, and the monthly Person's Pivot, which he also developed. These are black box signals -- the "proprietary" means that Mr. Person knows how they work under the hood, and I don't. But they have shown a fair degree of success in identifying good entry and exit points, and I find them useful. On the glance, "pps open" means the price at the start of trading in the United States on the day the signal appeared. 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.