Strategydb believe that standardized and repetitive analysis instills discipline in trading. Reports list major areas of interest that should be considered when performing technical analysis and / or creating a trading plan.
Market Mode of Behavior: USDJPY : FOREX : 108.208 : Micro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Trending Bull Mode criteria. Price is trending higher.
For the entire data set this market has been in Trending Bull Mode 23.74% of the time.
The average number of bars spent in this Mode before transitioning normally = 19. Since the current number of bars in Mode = 16, this Mode of Behavior still has 3 bars to mature before meeting its average and possibly transitioning. Remember that this analysis is being performed on the 15_MIN._ bar interval.
The average price growth during this behavior is approximately = 0.110. This is compared to the current price growth of 0.109. Based upon the closing price of the most recent bar, price growth has yet to be met.
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Transitions & Time: USDJPY : FOREX : 108.208 : Micro: Background on the current Mode of Behavior...
Transition from Corrective Bull Mode occurred 16 bar(s) ago.
According to our signal logic, this transition occurred normally and triggered on the shortest time frame. This CBUTBU transition occurs very often.
Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.
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Standard Analysis: USDJPY : FOREX : 108.208 : Micro: A closer look at the current Mode of Behavior...
The current bar's close at 108.208 demonstrates that prices should continue higher.
Cautionary price levels 0.02% below the market are inside the Average True Range price percentage window of 0.04%, currently increasing the short-term probability of transitioning out of Trending Bull Mode.
Caution is advised if prices move below 108.182. Prices below this level suggest a transition.
The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.
Volatility based on the 16 bar Average True Range = 0.041 points, (based upon the underlying's price scale.)
The price change versus 1 hour ago = -0.039. The price change versus 12 hours ago = 0.010. The price change versus 24 hours ago = -0.029.
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Advice: USDJPY : FOREX : 108.208 : Micro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.
Trend trade this market from the long side.
During Trending Bull Mode competition is one sided, making sellers scarce. If you like pyramding winners, now may be your chance. (+++)
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Natural Attraction: USDJPY : FOREX : 108.208 : Micro: Expected tendencies and targets...
During Trending Bull Mode prices should tend towards a price structure located at 108.251.
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Support & Resistance: USDJPY : FOREX : 108.208 : Micro: Specific trading levels or bands...
Trading Band levels are based upon volatility and other proprietary inputs. Strategydb suggest using these bands as a guide to trade shorter-term if you are not a medium to longer-term position trader.
During Trending Bull Mode you'll notice that price often remains in outer Trading Bands, indicating momentum and possible further rapid price movement to come. But if prices move into the nearer bands within the first few bars, these levels may not be sustainable.
If the price is within the nearer bands, early in a bull move this may represent a decent low-risk opportunity.
Finally, if price is in the nearer bands and the move is mature, this may be an indication that a transition is very near.
SPEEDVIEW TRADING WIDGET
A key level to watch, located at 108.042 is exactly 0.166 points, or 0.2% away.
Trading Band6 Level = 108.406
Trading Band5 Level = 108.365
Trading Band4 Level = 108.324
Trading Band3 Level = 108.283
Trading Band2 Level = 108.243
Trading Band1 Level = 108.202
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Price Growth / Decay Projections: USDJPY : FOREX : 108.208 : Micro: Growth / decay projections...
Target#1 Hit @ 108.177
Target#2 Hit @ 108.251
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Common Technicals: USDJPY : FOREX : 108.208 : Micro: Values for commonly used technical analysis indicators...
Micro = 15 minute updates...
Momentum Indicators
09 Day RSI = 53.50
10 Day RSI = 54.10
14 Day RSI = 55.03
Moving Averages
003 Bar MA = 108.205
004 Bar MA = 108.216
005 Bar MA = 108.225
008 Bar MA = 108.225
010 Bar MA = 108.221
014 Bar MA = 108.209
018 Bar MA = 108.188
020 Bar MA = 108.179
030 Bar MA = 108.160
040 Bar MA = 108.161
050 Bar MA = 108.153
100 Bar MA = 108.169
200 Bar MA = 108.062
Oscillators
12,26 Day MACD = 0.022
9 Day Smoothed MACD = 0.021
Difference = 0.002
Volatility
20 Period Bollinger Bands +2 Devs = 108.163
20 Period Bollinger Bands -2 Devs = 108.133
Wilder Parabolic Stop and Reverse
ParabolicSAR = 108.161
Market Mode of Behavior: USDJPY : FOREX : 108.208 : Micro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Trending Bull Mode criteria. Price is trending higher.
For the entire data set this market has been in Trending Bull Mode 23.74% of the time.
The average number of bars spent in this Mode before transitioning normally = 19. Since the current number of bars in Mode = 16, this Mode of Behavior still has 3 bars to mature before meeting its average and possibly transitioning. Remember that this analysis is being performed on the 15_MIN._ bar interval.
The average price growth during this behavior is approximately = 0.110. This is compared to the current price growth of 0.109. Based upon the closing price of the most recent bar, price growth has yet to be met.
Back to Top
Transitions & Time: USDJPY : FOREX : 108.208 : Micro: Background on the current Mode of Behavior...
Transition from Corrective Bull Mode occurred 16 bar(s) ago.
According to our signal logic, this transition occurred normally and triggered on the shortest time frame. This CBUTBU transition occurs very often.
Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.
Back to Top
Standard Analysis: USDJPY : FOREX : 108.208 : Micro: A closer look at the current Mode of Behavior...
The current bar's close at 108.208 demonstrates that prices should continue higher.
Cautionary price levels 0.02% below the market are inside the Average True Range price percentage window of 0.04%, currently increasing the short-term probability of transitioning out of Trending Bull Mode.
Caution is advised if prices move below 108.182. Prices below this level suggest a transition.
The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.
Volatility based on the 16 bar Average True Range = 0.041 points, (based upon the underlying's price scale.)
The price change versus 1 hour ago = -0.039. The price change versus 12 hours ago = 0.010. The price change versus 24 hours ago = -0.029.
Back to Top
Advice: USDJPY : FOREX : 108.208 : Micro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.
Trend trade this market from the long side.
During Trending Bull Mode competition is one sided, making sellers scarce. If you like pyramding winners, now may be your chance. (+++)
Back to Top
Natural Attraction: USDJPY : FOREX : 108.208 : Micro: Expected tendencies and targets...
During Trending Bull Mode prices should tend towards a price structure located at 108.251.
Back to Top
Support & Resistance: USDJPY : FOREX : 108.208 : Micro: Specific trading levels or bands...
Trading Band levels are based upon volatility and other proprietary inputs. Strategydb suggest using these bands as a guide to trade shorter-term if you are not a medium to longer-term position trader.
During Trending Bull Mode you'll notice that price often remains in outer Trading Bands, indicating momentum and possible further rapid price movement to come. But if prices move into the nearer bands within the first few bars, these levels may not be sustainable.
If the price is within the nearer bands, early in a bull move this may represent a decent low-risk opportunity.
Finally, if price is in the nearer bands and the move is mature, this may be an indication that a transition is very near.
SPEEDVIEW TRADING WIDGET
A key level to watch, located at 108.042 is exactly 0.166 points, or 0.2% away.
Trading Band6 Level = 108.406
Trading Band5 Level = 108.365
Trading Band4 Level = 108.324
Trading Band3 Level = 108.283
Trading Band2 Level = 108.243
Trading Band1 Level = 108.202
Back to Top
Price Growth / Decay Projections: USDJPY : FOREX : 108.208 : Micro: Growth / decay projections...
Target#1 Hit @ 108.177
Target#2 Hit @ 108.251
Back to Top
Common Technicals: USDJPY : FOREX : 108.208 : Micro: Values for commonly used technical analysis indicators...
Micro = 15 minute updates...
Momentum Indicators
09 Day RSI = 53.50
10 Day RSI = 54.10
14 Day RSI = 55.03
Moving Averages
003 Bar MA = 108.205
004 Bar MA = 108.216
005 Bar MA = 108.225
008 Bar MA = 108.225
010 Bar MA = 108.221
014 Bar MA = 108.209
018 Bar MA = 108.188
020 Bar MA = 108.179
030 Bar MA = 108.160
040 Bar MA = 108.161
050 Bar MA = 108.153
100 Bar MA = 108.169
200 Bar MA = 108.062
Oscillators
12,26 Day MACD = 0.022
9 Day Smoothed MACD = 0.021
Difference = 0.002
Volatility
20 Period Bollinger Bands +2 Devs = 108.163
20 Period Bollinger Bands -2 Devs = 108.133
Wilder Parabolic Stop and Reverse
ParabolicSAR = 108.161