ATR cycles are in line with ADX and they just show some piece of great information: it's time to do something else. Following this analysis, come back in mid-september when we will exit the boredom zone. Tip: don't forget to place a few limit orders... just in case
The bulls in the Euro currently have the upper hand, although the advantage is slight as yet. The support trendline is shown at an angle of 16 degrees which is a 1x2 angle line for this chart derived from the slopes that the instrument is currently trading at. I have drawn another arrow trendline defining a stoploss for any long positions or bullish views on the...
DX has shown profit taking decline in recent weeks. In the RSI, I am seeing a possible range shift signal developing as this rally is unable to move past 60 levels. On the DMI, I find that the Adx line has risen to above 60 and now peeling off. The DI lines are positively phased yet but a crossover now could activate a signal for the contra trade as well. The...
ADX System Overview So I Came Across Another Trading System for Only $997. However, if you purchased in the next 24hours the whole system could be Yours For Only $497. So I decided to Code it. This is only Version 1, and I discuss in the Video What I’ve found so for, some plans for Version 2 of the indicator, and I ask for your feedback on anything you...
GLD’s momentum almost exhausted and ADX very high, time for a reversal? Also RGLD 4H timeframe looks like it is ready for a pull back .... will see
All indications are that the recent strong trend will continue and thrust PLI:TSX into new higher territory!
This weekly chart is what I'm using to maintain my short position. Obviously the shorter term signals like the 1D or less are more valuable for spotting reversals, but I'm using this chart to confirm my belief that my 1D signals are all saying this down trend is far from over. In fact it might just be building steam. The weekly MACD has not crossed the 0 line...
Oil company with recent acquisition. Positive EPS q/q growth Debt per equity is high but Quick Ratio is 2.5 Technicals establish a strong short term trend.