Range trading: Forex as for 03/04/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0716
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0654
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0592
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0982
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1044
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1106
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2178
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2033
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1887
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2599
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2744
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2890
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.64
Long position 2
(The price today will not fall below this mark with a probability of 95%) 105.58
Long position 3
(The price today will not fall below this mark with a probability of 99%) 104.53
Short position 1
(The price today will not rise above this mark with a probability of 68%) 109.37
Short position 2
(The price today will not rise above this mark with a probability of 95%) 110.42
Short position 3
(The price today will not rise above this mark with a probability of 99%) 111.47
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Forex-usdjpy
USDJPY Daily ShortWhile I normally stick to equities or futures, I browsed over a few forex pairs and this popped out at me. On both of my charts that I use when doing technical analysis, USDJPY is showing some pretty bearish indicators. On this chart, price bounced off of a strong prior resistance as it is starting a descent. I notice reduced buying pressure on the MACD histogram, as well as the price being below my Ichimoku Clouds (If you aren't familiar with it, I use it as dynamic support/resistance as well as general trend) Rule of thumb, if the price is under the cloud and the cloud shades in red, that is both a bearish indicator as well as a rough level of resistance. The price action on the candlestick chart shows a bit more noise and I feel that my renko chart suggests more bear action to come. The hair in the soup is the MACD strategy I use that signals bullish/bearish entry suggestions signaled for more bullish action.
Range trading: Forex as for 02/04/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0818
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0756
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0695
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1081
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1142
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1204
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2167
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2019
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1871
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2615
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2763
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2911
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 105.94
Long position 2
(The price today will not fall below this mark with a probability of 95%) 104.91
Long position 3
(The price today will not fall below this mark with a probability of 99%) 103.88
Short position 1
(The price today will not rise above this mark with a probability of 68%) 108.68
Short position 2
(The price today will not rise above this mark with a probability of 95%) 109.71
Short position 3
(The price today will not rise above this mark with a probability of 99%) 110.74
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Short EntryIf USDJPY goes to 109.5 it might just give a great short opportunity for a +300 pips trade.
- It's the end of the month, so i'm expecting to have some dollar strength today (last day) and maybe tomorrow.
- It's good to remind ourselves that despite the fact that this month had around 1000 pip volatility range, this pair remains in a bearish trend and the monthly candle is telling just that.
- Had a huge run up and failed to go above February high (~112.2).
- 109.5 is a great zone of resistance and it's also the 0.786 fib extension from the last move.
- 200 weekly MA is also around 109.5 and it served as resistance sometimes in recent past.
- 4hr RSI is showing clear signs of this being just a relief bounce rather than a trend change rally.
Given all this, i'll be shorting this pair if it gets to 109.5 and if breaks down before that i'll look for a new possible short opportunity in the next bounce.
Cheers
Range trading: Forex as for 31/03/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0894
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0833
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0773
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1143
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1204
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1264
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2148
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2003
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1858
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2518
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2663
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2808
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 106.93
Long position 2
(The price today will not fall below this mark with a probability of 95%) 105.93
Long position 3
(The price today will not fall below this mark with a probability of 99%) 104.94
Short position 1
(The price today will not rise above this mark with a probability of 68%) 109.54
Short position 2
(The price today will not rise above this mark with a probability of 95%) 110.53
Short position 3
(The price today will not rise above this mark with a probability of 99%) 111.53
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 27/03/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0927
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0865
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0803
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1183
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1245
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1307
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2025
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1874
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1722
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2415
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2566
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2717
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.83
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.85
Long position 3
(The price today will not fall below this mark with a probability of 99%) 105.88
Short position 1
(The price today will not rise above this mark with a probability of 68%) 110.16
Short position 2
(The price today will not rise above this mark with a probability of 95%) 111.13
Short position 3
(The price today will not rise above this mark with a probability of 99%) 112.11
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 24/03/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0657
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0591
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0524
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0888
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.0955
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1022
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.1402
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1250
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1090
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1749
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1901
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.2052
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 109.31
Long position 2
(The price today will not fall below this mark with a probability of 95%) 108.27
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.23
Short position 1
(The price today will not rise above this mark with a probability of 68%) 112.10
Short position 2
(The price today will not rise above this mark with a probability of 95%) 113.14
Short position 3
(The price today will not rise above this mark with a probability of 99%) 114.19
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 20/03/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0816
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0888
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0960
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.0606
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.0534
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.0462
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.1433
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1292
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1151
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1653
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1794
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1936
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 109.30
Long position 2
(The price today will not fall below this mark with a probability of 95%) 108.24
Long position 3
(The price today will not fall below this mark with a probability of 99%) 107.18
Short position 1
(The price today will not rise above this mark with a probability of 68%) 111.84
Short position 2
(The price today will not rise above this mark with a probability of 95%) 112.90
Short position 3
(The price today will not rise above this mark with a probability of 99%) 113.97
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
Range trading: Forex as for 19/03/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.0835
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.0773
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.0711
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1025
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1087
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1149
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.1436
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1296
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1157
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1699
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1839
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1978
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 107.57
Long position 2
(The price today will not fall below this mark with a probability of 95%) 106.50
Long position 3
(The price today will not fall below this mark with a probability of 99%) 104.43
Short position 1
(The price today will not rise above this mark with a probability of 68%) 109.85
Short position 2
(The price today will not rise above this mark with a probability of 95%) 110.92
Short position 3
(The price today will not rise above this mark with a probability of 99%) 112.00
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
USDJPY Elliott Wave View: More Upside ExpectedShort term Elliott Wave view in USDJPY suggests that the rally from March 09, 2020 low is showing a higher high sequence favoring a move towards $112.45-$114.17 target area the upside. The internals of that rally is unfolding as Elliott wave double three structure. While the initial rally to $105.92 high ended wave (W) in blue. Down from there, the 3 wave pullback ended wave (X) at 103.05 low. Up from there, the pair made another rally higher in 3 swings and completed wave (Y) at $108.50 high. Thus completed the wave ((W)) in black.
Below from there, the pair made a 3 wave pullback in wave ((X)). The internals of that pullback unfolded as a zigzag structure where wave (A) ended at $105.69 low. Wave (B) ended at $107.57 and wave (C) ended at $105.09 low. Above from there, the pair went on to make a new high above the previous peak and confirmed the ((Y)) leg higher. Wave (W) has ended at 109.55 high, which is in the blue box at 109.51-111.24 area. The pair is now doing a pullback in wave (X). We don’t like selling it. As far as the pivot from $105.09 low stays intact, expect pair to extend higher.
Range trading: Forex as for 12/03/2020Under that heading we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
EURUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 1.1229
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.1177
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.1126
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.1356
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.1408
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.1459
GBPUSD
Long position 1 [/b
(The price today will not fall below this mark with a probability of 68%) 1.2731
Long position 2
(The price today will not fall below this mark with a probability of 95%) 1.2683
Long position 3
(The price today will not fall below this mark with a probability of 99%) 1.2635
Short position 1
(The price today will not rise above this mark with a probability of 68%) 1.2929
Short position 2
(The price today will not rise above this mark with a probability of 95%) 1.2976
Short position 3
(The price today will not rise above this mark with a probability of 99%) 1.3024
USDJPY
Long position 1
(The price today will not fall below this mark with a probability of 68%) 103.20
Long position 2
(The price today will not fall below this mark with a probability of 95%) 102.18
Long position 3
(The price today will not fall below this mark with a probability of 99%) 101.15
Short position 1
(The price today will not rise above this mark with a probability of 68%) 104.69
Short position 2
(The price today will not rise above this mark with a probability of 95%) 105.73
Short position 3
(The price today will not rise above this mark with a probability of 99%) 106.74
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.