PulseWave Trading "Trigger Trade System" Daily Stock,Forex & Futures Analysis and Commentary.
Thursday, December 17, 2009
Wednesday, December 16, 2009
Monday, December 14, 2009
The Vulcan Report
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Wednesday, December 9, 2009
The US Dollar strenghening off key support lows. Trend Reversal or Setting up for the next leg down?
THE VULCAN REPORT
Review of CHF (USD/CHF)
as of Tuesday, December 08, 2009
RESISTANCE: 102.4200
High 102.8500
Low 101.6300
SUPPORT: 99.1100
RSID: 102.7000
TREND LINE: 105.7766
CHART PATTERNS
A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trendline, or retracement level), the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
During the past 10 bars, there have been 5 white candles and 3 black candles for a net of 2 white candles. During the past 50 bars, there have been 22 white candles and 15 black candles for a net of 7 white candles.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
LONG TERM TREND
Currently the TREND is Bearish-Retracement .
PULSE WAVE SCAN
Currently Market Pulse is positive since it is trading above its signal line.
The Trend Channel is UP! (i.e. "Positive Pulse") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
MOMENTUM
The Momentum Channel crossed above its signal line 2 period(s) ago.
Since the Momentum Channel crossed its moving average, CHF's price has increased 1.00% , and has ranged from a high of 102.850 to a low of 99.870.
Overbought/Oversold - "SWING VIX"
The Swing Vix is in an overbought range. Prices may continue to move higher for some time. Expect sideways to lower prices within the next 3-5 days. Wait for prices to move lower before considering any short positions.
The Swing Vix is not entering into a Resistance or Support range.
Failure Swings of the (RSI & SWING VIX) - (also known as support or resistance penetrations or breakouts)
The RSI has just reached its highest value in the last 14 period(s). This is bullish.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
Divergence
Momentum Divergence
There have been no divergence signals within the last 5 periods.
Oscillator Divergence
Summary
The current market condition for CHF is:
Mildly Bearish
The close is currently Below it's 200 period moving average.
The close is currently Above it's 90 period moving average.
The close is currently Above it's 30 period moving average.
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. Equis accepts no liability whatsoever for any loss arising from any use of this expert or its contents.
Review of CHF (USD/CHF)
as of Tuesday, December 08, 2009
RESISTANCE: 102.4200
High 102.8500
Low 101.6300
SUPPORT: 99.1100
RSID: 102.7000
TREND LINE: 105.7766
CHART PATTERNS
A big white candle occurred. This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area (e.g., a moving average, trendline, or retracement level), the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout.
During the past 10 bars, there have been 5 white candles and 3 black candles for a net of 2 white candles. During the past 50 bars, there have been 22 white candles and 15 black candles for a net of 7 white candles.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
LONG TERM TREND
Currently the TREND is Bearish-Retracement .
PULSE WAVE SCAN
Currently Market Pulse is positive since it is trading above its signal line.
The Trend Channel is UP! (i.e. "Positive Pulse") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days
MOMENTUM
The Momentum Channel crossed above its signal line 2 period(s) ago.
Since the Momentum Channel crossed its moving average, CHF's price has increased 1.00% , and has ranged from a high of 102.850 to a low of 99.870.
Overbought/Oversold - "SWING VIX"
The Swing Vix is in an overbought range. Prices may continue to move higher for some time. Expect sideways to lower prices within the next 3-5 days. Wait for prices to move lower before considering any short positions.
The Swing Vix is not entering into a Resistance or Support range.
Failure Swings of the (RSI & SWING VIX) - (also known as support or resistance penetrations or breakouts)
The RSI has just reached its highest value in the last 14 period(s). This is bullish.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.
Divergence
Momentum Divergence
There have been no divergence signals within the last 5 periods.
Oscillator Divergence
Summary
The current market condition for CHF is:
Mildly Bearish
The close is currently Below it's 200 period moving average.
The close is currently Above it's 90 period moving average.
The close is currently Above it's 30 period moving average.
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. Equis accepts no liability whatsoever for any loss arising from any use of this expert or its contents.
Thursday, December 3, 2009
Tuesday, December 1, 2009
In the money
01 DEC 2009, TUESDAY
StockTalks
• spy to resume uptrend price target = $112.00
about 23 hours ago
• GLD to resume uptrend. Price target = $117.00
about 23 hours ago
If you took yesterdays blog entry you would have been prepared for today.
YESTERDAYS BLOG
http://seekingalpha.com/instablog/466159-pulsescan72/37794-warnings-the-u-s-monetary-system-is-in-real-trouble
GLD CHART
SPY CHART
OIH CHART
EUR/USD
AUD/USD
USD/CHF
USD/JPY
TODAY'S CHART
Current Track Record
StockTalks
• spy to resume uptrend price target = $112.00
about 23 hours ago
• GLD to resume uptrend. Price target = $117.00
about 23 hours ago
If you took yesterdays blog entry you would have been prepared for today.
YESTERDAYS BLOG
http://seekingalpha.com/instablog/466159-pulsescan72/37794-warnings-the-u-s-monetary-system-is-in-real-trouble
GLD CHART
SPY CHART
OIH CHART
EUR/USD
AUD/USD
USD/CHF
USD/JPY
TODAY'S CHART
Current Track Record
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