DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
BANK OF AMERICA CORPORATION COMMON STOCK, SPDR S&P 500, SPDR SELECT SECTOR FUND - FINANCIAL, AURIS MEDICAL HOLDING AG - COMMON SHARES, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, INVESCO QQQ TRUST, SERIES 1
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
With ATR on Friday being close to a low, and with fridays candle
being an inside candle, I am going to place a bracket trade 3 ticks
on either side of the high and low of Fridays candle. At the same time
I am anticipating the ATR to expand.
This is part 2 of a post I did in September 2013. Nothing has changed, really. The same MACD signals produce good profits. Sugar futures are traded on the ICE exchange and any futures brokes can give you access.
The margin requirement is $950. When MACD crosses positive on the daily I plan to go long.
Slo Stoch crossed positive volume is up
the Russell and the rest of the market
is selling off. A Bear ETF makes sense to me.
The blue line on the chart are where the Stochastics crossed after being in oversold territory.
However it is noteworthy that while the stochastics plunged, price held up, only falling 5-6 points.
This could be a bull flag, or the stochastics could imbed in theoversold area while price
continues to fall. I would wait to see if price closes above the 13 MA (shown).
Bulls and bears want (IMO) a retrace up to 2050. Bears want to go short
at a higher price and bulls want to break through the high from earlier
this month. I will be glued to the 30 min and 5 min charts looking for longs.
MHR: Magnum Hunter Resources: RSi and MACD positive divergences and MACD > 0 on rising volume make this an interesting play as
the Saudi situation fuels speculation on a possible rise in oil prices.
Biggest Forex broker in North America only took a few hours to get a loan and get back in the game
after Swiss Forex mess.
Looking at where the weekly low was when MACD crossed negative
and seeing how many points later the YM finally hit bottom, we get some
consistency, and an average of -588 points left before the bottom is reached.
It's like a submarine that suddenly fills it's ballast tanks, weighing it down
(MACD crossing neg) and trying to figure how deep it will sink.......
Price is looking for support and will likely find it at the 200MA or one of the pivots S1 - S3. Look for heavy volume to signal possible selling climax.
Volume dried up as the YM approached 18000 and the rally did not move the MACD from it's negative stance although the MACD turned in toward the signal line I think it could roll over (down).
I am watching the MACD to cross positive and to enter
as close to a Support area as possible.
Previous tests of this level were rejected.
FED Reserve has said they don't want the dollar
to go too high. I believe a shorting opportunity
may be near.
Climactic widening of MACD spread and steepening of angle up/down can signal significant reversal is near:
When blue line turns, look for a trade !!
3 simple rules and you are set. Try to get your entries close to the 20 SMA.
If markets are not moving much try this on other markets, maybe stocks.
Monthly chart shows Support tested and holding around 0.7750.
Stochastics both 14,4,4 and 40,4,4 oversold together and rounding up.
Positive MACD divergence, bullish engulfing bar, Renko printing a green brick
3-9 MA crossing positive.
On weekly candle chart 3-9 SMA cross just happened. So I took a look at the Renko chart and I think price is being drawn back to the FIB clusters (blue lines). Shown here is the Daily chart.
Huge volume price spike followed by consolidation and now a breakout (maybe :) )