
The Calculated Mover: EURGBP The Euro – Great British Pound Franc currency pair is a currency pair often with slow moving trends. Since its inception, the fate of the Euro has been tied to the United Kingdom. The economies are mutually tied due to geographic proximity and have had exceptional trade relations. This fundamental factor has helped the Euro zone grow and is seen in the appreciation of the EURGBP pair moving as much as 4117 pips from the 2000 low to the 2007 high at .9805. Pictured below we can see the ascent of the EURGBP, begging near the inception of the Euro in 2000. As ATR decliend to more normal levels, the EURGBP declined as well trading nearly 19% off its 2008 highs and challenging to create a new trend! European Sovereign Debt Crisis The recent decline in the EURGBP has come on the back of the ongoing European sovereign debt crisis. Trading the EURGBP Traders will look to take advantage of the developing channel by selling resistance and buying support.
COSOB :: Commission d’organisation et de surveillance des opérations de bourse S&P 500 and Nasdaq rally By Colin Twiggs April 14th, 2013 4:00 a.m. EDT (6:00 p:m AET) These extracts from my trading diary are for educational purposes. Inflation expectations are falling, as suggested by a weaker gold price and treasury yields. Interest Rates and the Dollar The yield on ten-year Treasury Notes is falling, reflecting a dovish outlook on inflation, and testing the base of the recent consolidation at 2.60 percent. * Target calculation: 2.50 - ( 3.00 - 2.50 ) = 2.00 The Dollar Index is heading for a test of primary support at 79.00. * Target calculation: 79.0 - ( 81.5 - 79.0 ) = 76.5 Gold and Silver Spot gold found support at $1280/ounce, but narrow candles for the last two weeks indicate an absence of buying pressure. Silver is more bearish and failure of primary support at $19/ounce would signal continuation of the primary down-trend, offering a target of $16. Aussie strong despite ASX Shanghai near double bottom Crude and commodities rising Russian 'Tourists' Fighting in Ukraine | The Daily Beast
The McClellan Oscillator & Summation Index - Technical Analysis Learning - McClellan Financial Every day that stocks are traded, financial publications list the number of stocks that closed higher (advances) and that closed lower (declines). The difference between these numbers is called the daily breadth. The running cumulative total of daily breadth is known as the Daily Advance-Decline Line. It is important because it shows great correlation to the movements of the stock market, and because it gives us another way to quantify the movements of the market other than looking at the price levels of indices. The second chart shows an example of the daily breadth. We use two different EMAs: one with a 10% smoothing constant, and one with a 5% smoothing constant. The McClellan Oscillator offers many types of structures for interpretation, but there are two main ones. While these two characteristics are very important, they merely scratch the surface of what interpreting the Oscillator can reveal about the stock market.
Home Technical Analysis, McClellan Oscillator, advance decline, advance issues, decline issues, breadth indicator, moving average Technical Analysis, Studies, Indicators: Back to the List of Studies Description: breadth indicators in technical analysis, stock market sentiment analysis, charting, chart example, formula, calculations and how to use. Note: McClellan Oscillator belongs to the group of the Breadth indicators and as all advance-decline based technical indicators, it could be applied to indexes, exchanges, portfolios of stocks or any basket of stocks but not to a single stock or single ETF. Description McClellan oscillator has been developed by Sherman and Marian McClellan in 1969. Technical Analysis In technical analysis McClellan Oscillator is used to define overbought/oversold levels, but mostly it is used to track flow between advancing and declining stocks and to see which group of stocks traders are more focused on. The McClellan Oscillator reflects positive and negative changes in the Advance-Declines statistics which could be used in the to anticipate the trend reversal. and simplified formula will be:
Results May 2012: Huskins About | AlphaTrends Brian Shannon, full-time trader, educator and author of the highly regarded book Technical Analysis Using Multiple Timeframes, is the founder of Alphatrends. His expertise has been achieved over a 20-year period as he has navigated the difficult path that relatively few traders follow to success. Early on, as a broker with Lehman Brothers and other major investment firms, Brian gained valuable insight into market dynamics and the human factors that drive them. Read Brian Shannon’s WIKIPEDIA PAGE Brian’s successful trading philosophy is based first and foremost on the principle that when making money in the markets, risk management is always “Job 1”. Alphatrends is structured to underscore this maxim, and to build on a solid foundation providing insightful, easy-to-follow trading ideas for equities, ETFs and options. The primary focus of Alphatrends is to identify low risk, high profit swing trades. Photo released under CC BY-SA 3.0
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