Tags » Uptrend

The 4/20/18 Weekend Report Preview

The Dollar

The dollar closed above the upper daily cycle band on Friday.

Closing above the upper daily cycle band confirms that Friday was day 3 of a new daily cycle. 209 more words

Miner Timing Band

The Miners formed a swing high on Thursday.

Thursday was day 21 for the daily Miner cycle. And 21 days places them in their timing band for a DCL. 189 more words

Steel Support Revisited

On April 5th we took a look at steel

We looked at the long term chart for steel and discussed how the 44 level had been support for steel prior to 2012 but then acted as resistance for the following 5 years. 131 more words

Transports Starting to Roll

Stocks continued trending higher on Monday and tested the declining 50 day MA.

Stocks need to break convincingly above the 50 day MA and close above the upper daily cycle band for this daily cycle to gain some traction. 95 more words

NZDUSD Buy Setup

Entry- 0.732

Target- 0.745 (130 Pips)

Stop- 0.728 (45 Pips)

Curve determined on daily using nearest fresh demand and untested supply. Entry Zone selected on 1hour chart.

FOREX Trade Set Ups

EURJPY Buy Set Up

Entry- 132.00

Target- 135.00 (300 Pips)

Stop- 131.00 (100 Pips)

Curve on daily. Trend is now upward and above 200 MA. Entry is wick to wick on daily structure and beginning of demand structure on 2 hr. 9 more words

FOREX Trade Set Ups

Oil Confirms Daily Uptrend

Oil formed a daily swing low on Tuesday and closed above the declining trend line to confirm the new daily cycle.

As oil rallied into the previous daily cycle peak it began to close above the upper daily cycle band to establish a new daily uptrend. 71 more words