8/5 Forex

• No new signals on the forex Person's charts. Volatility, where hath thou fled?

	pps	pps open	upper pivot	lower pivot
EUR/USD US$1.317e		US$1.2878 jul26	US$1.3696	US$1.2459
USD/JPY¥85.89		¥86.78 jul30	¥88.41	¥83.96
GBP/USD US$1.5869		US$1.5258 jul23	US$1.6278	US$1.5136
EUR/JPY ¥113.13		¥112.87 jul27	¥115.86	¥104.43
USD/CAD C$1.0136		C$1.0488 jul22	C$1.0561	C$0.9987
USD/MXN M$12.5215		M$12.8693 jul22	M$12.9999	M$12.2410

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.