PulseWave Trading

Thursday, August 4, 2016

TVR [#130] 08-04-2016 BITCOIN COLLAPSE IS THE U.S. DOLLAR NEXT

General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser.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. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.For Related news and other stories please visit - http://www.wideawakenews.com/For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72Be Sure to register for faster updates and commentaries at -BLOG 1: - http://pulsescan.blogspot.com/BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/BULLS make money... BEARS make money.... PIGS get slaughtered!"TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

Wednesday, August 3, 2016

08/03/2016 U.S. DOLLAR DOWN BUT NOT OUT!

The U.S. Dollar seems to have found some support around the weekly 94.94 Trendline support area. As of today the intraday chart suggest a short term bottom with prices rebounding into a pulsewave positive scenario. Although the market could still pull back further the momentum indicator suggest more of an upward thrust still ahead. Projected retracement is around the 96.50 - 97.00 price range.

THE VULCAN REPORT
Review of /DX US DOLLAR INDEX (DX)
as of Monday, August 01, 2016

Today's Price Action
Change   -1.9000 (-1.95%) prices closed lower than they opened. with weak Bids going into the close.This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.

    CHART PATTERNS
A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.

During the past 10 bars, there have been 6 white "UP" candles and 4 black "DOWN" candles for a net of 2 white (UP) candles.
During the past 50 bars, there have been 25 white "UP" candles and 25 black "DOWN" candles .

An engulfing bearish line occurred (where a black candle's real body completely contains the previous white candle's real body). The engulfing bearish pattern is bearish during an uptrend (which appears to be the case with /DX US DOLLAR INDEX). It then signifies that the momentum may be shifting from the bulls to the bears.

If the engulfing bearish pattern occurs during a downtrend, it may be a last engulfing bottom which indicates a bullish reversal. The test to see if this is the case is if the next candle closes above the bottom the current (black) candle's real body.
MARKET SENTIMENT

PulseScan Swing Vix

PulseScan:     29.52
Swing Vix:     27.84
The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of    2 period(s) ago.

The Trend Channel is UP! (i.e. "Positive Swing Vix") This means that positive momentum is entering the market. Expect sideways to higher prices within the next 3-5 days

The Swing Vix is above 29. This is where it usually forms Resistance. The Swing Vix usually forms Resistance before the underlying security.CRASH ALERT - (Short-term Market Top) Possible Selloff is likely do to weak market pulse projections. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.

*The last signal was a Over-Bought Sell 32 period(s) Ago.
The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.The Swing Vix has set a new 14-period high while the security price has not. This is a bullish divergence. Since the PulseScan leads the market 3-5 days out We will wait to see if an upside breakout occurs.

        *Since the last Swing Vix signal, /DX US DOLLAR INDEX's price has decreased 1.24%, and has ranged from a high of 97.6200 to a low of 95.3400.

MARKET TREND - Currently - The UpTrend is still intact with prices holding above trendline support at- 87.1550.

INTRADAY PRICE PROJECTIONS
RESISTANCE 95.8530
SUPPORT 95.2260

WEEKLY PULSE WAVE PRICE PROJECTIONS
PulseWave BreakOut RESISTANCE - 97.7340
PulseWave BreakOut SUPPORT - 92.8465

VOLATILITY
On 7/25/2016, /DX US DOLLAR INDEX closed
below the upper band by 40.7%.
This combined with the steep downtrend suggests that the downward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely.")

General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. 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. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents. For Related news and other stories please visit - http://www.wideawakenews.com/ For Related videos on our Youtube channel please visit - http://www.youtube.com/user/pulsescan72 Be Sure to register for faster updates and commentaries at - BLOG 1: - http://pulsescan.blogspot.com/ BLOG 2: - http://seekingalpha.com/instablog/466159-pulsescan72/ BULLS make money... BEARS make money.... PIGS get slaughtered! "TAKE WHAT YOU CAN .........GIVE NOTHING BACK"!!

THE VULCAN REPORT - HOW TO READ THE WEEKLY PULSEWAVE PRICE TRIGGERS

The Vulcan Report is not a system but a complete trading tool used to equip the trader with the most reliable market timing method ever created.

The Vulcan Report

Daily Market FORECAST

NOTE: Don't have time to watch the market? Do you require more than just the standard complimentary service? Do you require more in-depth analysis, market timing and trading signals? You can have it ALL, specific timing signals that are tailored to your portfolio, now available on our Premium service.

1."52 HIGH" - This column gives the 52 week high reading.
2."TR RES" - This is the trendline resistance.
3."1stPwRES" - This column give the new high reading.
4."POSMOM" - This is the positive momentum reading.
5."2BC BUY" - This is the first pulsewave price trigger resistance buy reading.
6."Uptrend" - This is the uptrend reading.
7."Downtren" - This is the downtrend reading.
8."2BC SELL" - This is the first pulsewave price trigger support sell reading.
9."NEGMOM" - This is the negative momentum reading.
10."1stPWSUP" - This column gives the new low reading.
11."TR SUP" - This is the trendline support.
12."52 LOW" - This column gives the 52 week low reading.

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1."52 HIGH" - This column gives the new high resistance reading.

How to Read: This column will give you the 3rd entry point and/or profit target.

2."TR RES" - This is the trendline resistance.

How to Read: When this column reads "0.00" it means that the market is pulsewaving positive i.e. uptrend channel.

3."1stPwRES" - This is the first pulsewave price trigger resistance buy reading.

How to Read: This is the 2nd long entry price trigger.

4."POSMOM" - This is the positive momentum reading.

How to Read: A reading of "911" indicates a rally alert.
A reading of "411" indicates a possible trend reversal.
A reading of "365" indicates a new 52 week high.
A reading of "10" indicates a new 10 day/week high.
A reading of "78" indicates a market that is pulsewaving positive.

What are PulseWaves?: Pulsewaves are powerful intraday trends in the market.

5."2BC BUY" - This is the first buy trigger reading.

How to Read: This is the first trade of the week. This price triggers puts you ahead of the
crowd at the begining of the move.

6."Uptrend" - This is the uptrend reading.

How to Read: A reading of "88" indicates a sideways market trading inside of the "Kumo Cloud
of death". The Kumo Cloud is where prices remain consolidated until they break out of the cloud.

A reading of "70" indicates a market that is in a powerful long term uptrend where prices
are trading above both the short & long term trendlines.

A reading of "18" indicates a market that is in an uptrend as prices are trading above the
short term trendline.

A reading of "52" indicates a market that is in an uptrend as prices are trading above the
long term trendline.

7."Downtren" - This is the downtrend reading.

How to Read: A reading of "-88" indicates a sideways market trading inside of the "Kumo Cloud
of death". The Kumo Cloud is where prices remain consolidated until they break down
out of the cloud.

A reading of "-70" indicates a market that is in a powerful long term downtrend where prices
are trading below both the short & long term trendlines.

A reading of "-18" indicates a market that is in an downtrend as prices are trading below the
short term trendline.

A reading of "-52" indicates a market that is in an downtrend as prices are trading below the
long term trendline.

8."2BC SELL" - This is the first sell trigger reading.

How to Read: This is the first trade of the week. This price triggers puts you ahead of the
crowd at the beginning of the move.

9."NEGMOM" - This is the negative momentum reading.

How to Read: A reading of "911" indicates a crash alert.
A reading of "411" indicates a possible trend reversal.
A reading of "365" indicates a new 52 week low.
A reading of "10" indicates a new 10 day/week low.
A reading of "78" indicates a market that is pulsewaving negative.

10."1stPWSUP" - This is the first pulsewave price trigger support sell reading.

How to Read: This is the 2nd short entry price trigger.

11."TR SUP" - This is the trendline support.

How to Read: When this column reads "0.00" it means that the market is pulsewaving negative i.e. downtrend channel.

12."52 LOW" - This column gives the new low support reading.

How to Read: This column will give you the 3rd entry point and/or profit target.

{=====================================================================}

Rules of The Vulcan Report

*Trade Set ups of the 2 Bar Charlie System


*Momentum:
Consolidated intra-day plays i.e. "day trades".
Look for the "Buy, Sell or Neutral" signal under the "MOMENTUM" section in the FORECAST Matrix.
Watch & Wait for the pullback toward "Intra-Day Res/Sup"
to be confirmed before placing the buy/sell -limit order
especially if the todays open is above today's price trigger
on long entries and if the open is below today's price trigger on sell entries.

Watch & Wait for support/resistance to be confirmed before entry.
On occasion you may have to actually enter on the Res/Sup Intra-Day Signal
if Support/Resistance is confirmed but neither
the ("Breakout/Breakdown nor the "Intra-Day Trigger") is triggered.
Regardless of which one is filled first (I.e. the "Breakout/Breakdown" or "Intra-day Trigger")
you may use the opposite order as your profit target and/or stop and reverse in certain
market conditions.

*NOTE: ALWAYS trade in the direction of the TREND.
If the "Breakout/Breakdown" or "Intra-Day Trigger" are triggered then use the other
"trigger" as your profit target exit , Stop-Loss and/or Stop & Reverse.

*Res/Sup Intra-Day:
This is your secondary signal. Look for this signal in the "Res/Sup Intra-Day" section of the MATRIX.
Also see rules under the "Momentum" section.

*Volatility Channel Break-Out System:
This is your primary signal.
These days are less common but have a very high accuracy rate and are major trade signals.
These types of breakout/breakdowns tend to be very powerful moves
and are typical within the current market trend.
Usually, they occur while in a brief consolidation within the current trend
after a strong move (but not always).

Look for this signal in the "Breakout/Intra-Day" section of the report.
A neutral reading means that trades above the Breakout Trigger = long entries
and trades below the Intra-Day trigger = short entries.
During a "Neutral" reading on an Intraday basis
You will have to wait and watch for prices to retreat back
into the VCB price channel to confirm your entry point.

TRENDING DAYS:
In an uptrend you are looking for either "BUY" in an uptrending market
and a "SELL" signal in a falling mkt..
In an uptrend you will want to buy both the Breakout buy trigger & the quick long trigger.
with the quick long trigger being the best possible entry
and the Breakout being the secondary entry point.

Likewise in a downtrend you will want to sell both the Breakdownt & the quick short trigger.
with the quick short trigger being the best possible entry
and the Breakdown being the secondary entry point.

*GAP MOVE ON THE OPEN:
NOTE: If opening prices collapse below the "Intra-Day SUPPORT" then use this
level to catch the reversal on the "long" side. Likewise if opening prices rally
above the "Intra-Day RESISTANCE then use this level to catch the
reversal on the "short" side.




*TRADE ENTRY & EXIT RULES:
Wait until after 9:30am EST before trade entry.
Cancel order if not filled by 11:30am EST.
There are always exceptions to this rule.
Rules are ment to be a guide and are not set in stone.
You must learn to use some discretion in your trading.
Even if "both" the Momentum AND the Breakout/Intra-Day signals
are triggered you must decide which one to follow.
It is always a good rule of thumb to follow the
primary Breakout and Intra-Day Swing Trade signals.


HOW TO TRADE THE "GAP":
In a Bullish 40-Day Trend Do Not place the buy stop-limit order if after the open the market
is trading above Intra-Day Resistance and or yesterday's High.
In a Bearish 40-Day Trend Do Not place the sell stop-limit order if after the open the market
is trading below Intra-day Support and or yesterday's Low.
It is ALWAYS better to refer to the intra-day 60-min & 5-min charts for a possible
2 Bar Charlie & trend reversal signals before placing the trade when trading or fading the GAP.
The system is on the sidelines unless the entry point is triggered.

*Stop-Loss/Profit Targets:
The profit target is to be used as a guide to either move your stop-loss to breakeven
or take profit in uncertain market conditions
You may also use the profit target if you don't have the time to watch the market
and would like to take quick profits.

On "ALL" Single Stock Index Futures AND Commodity Futures trades use a 1.25 - 3.25 initial stop-loss
with a .20-1.25 initial profit target.
(You can use the initial profit target as
your signal to move your stop-loss to break-even
and use it as a "trailing stop" or you can get out and take profit at this point)

On "ALL" E-mini S&P 500 Stock Index Futures "SWING" trades use a 7.25 initial stop-loss
with a 3.00 point initial profit target. Use an initial 2.00 - 3.00 point stoploss on daytrades.
(You can use the initial profit target as your signal to move your stop-loss to break-even
and use it as a "trailing stop" or you can get out and take profit at this point)

On "ALL" E-mini NASDAQ 100 Stock Index Futures "SWING" trades use an initial 18.50 stop-loss
with a 7.50 point initial profit target. Use an initial 7.00 - 10.00 point stoploss on daytrades.
(You can use the initial profit target as your signal to move your stop-loss to break-even
and use it as a "trailing stop" or you can get out and take profit at this point)


REMINDER

Kindly note that do to changing market conditions the above commentary and its precise entry
and exit points, stop-loss levels and positions could change without notice. Positions also
could be liquidated, and/or new positions added without notice.

If you have any questions please feel free to contact me: Email: pulsescan72@gmail.com