DecisionBar is a method of trading, not a system. All markets show a basic rhythm based on supply and demand, support and resistance, momentum and exhaustion. DecisionBar evaluates the forces working on the market and generates signals indicating the most likely movement of the market at any given time. The Bias Bar and Risk Oscillator help traders to evaluate...
Cognizant Technology Solutions (CTSH) shows a DecisionBar Short Exhaustion signal. Note that you can look ahead on TradingView charts to see when future earnings (E) will be announced, as well as when past earnings were announced. Given the run up following the previous earnings report, I would be hesitant to take a short position on CTSH.
With all of the talk about the decline in the price of oil, DecisionBar's straight-forward analysis tells you all you need to know. Going forward we'll watch the levels of the upper and lower pivots to suggest the direction of the next move up or down.
USD/JPY is working off of a DecisionBar Long Breakout signal, and currently show a "Bull Flag" consolidation pattern (that tight parallelogram moving against the major trend). If the market moves out of that Bull Flag to the upside, we'll look to enter long, but be cognizant of the fact that the next signal DecisionBar will generate will be a Short Exhaustions signal.
On Monday, DecisionBar Trading Software issued a Long Failure signal for CAD/JPY. This signal was posted in our Trading Signals email series and was quite productive. CAD/JPY has now moved up to the DecisionBar upper pivot, and either a Long Breakout signal or Short Failure signal will be generated. To receive these signal in your inbox visit our website at: ...
Following a DecisionBar Long Exhaustion, EUR/NZD moved up to the area of the previously broken lower pivot (indicated by the hand-drawn, dashed orange line), which is now providing resistance. EUR/NZD was unable to overcome that resistance, causing DecisionBar to issue a short, Secondary DecisionBar. Our trading strategy is now straight forward. We should be...
Here is a DecisionBar Short Exhaustion signal on CHF/SEK. We'll look to enter a short trade on a trade below a previous bar's low. To Learn more about how to add DecisionBar Trading Software to your TradingView subscription, please visit: www.decisionbar.com
On July 15th IQNT gapped up after increasing earning and revenue estimates. On August 8, IQNT moved down big-time after reporting better than expected earning, but stating they may have to restate some prior earning reports due to possible overstating some LOSSES. Well, that doesn't sound so bad to me. On the technical side the big move down filled the gap...
Green Plains Renewable Energy (GPRE) is North America's fourth largest ethanol producer, operating six ethanol plants in Indiana, Iowa, Nebraska and Tennessee. GPRE shows a Breakout signal back on July 24. and is now re-testing that breakout level. If that test is successful look for another move higher. An important concept to keep in mind is that support and...
CHF/JPY has dropped below support on the 4 hour chart and is now retesting that support, which may now act as resistance. Should resistance hold, DecisionBar Trading Software will issue a Breakdown signal and look for another leg downward. Additional support will likely be encountered at104 and then 103. ( Note this chart has been updated from the previous post to...
CHF/JPY has dropped below support on the 4 hour chart and is now retesting that support, which may now act as resistance. Should resistance hold, DecisionBar Trading Software will issue a Breakdown signal and look for another leg downward. Additional support will likely be encountered at104 and then 103.
This is a chart of SPY with DecisionBar Trading Software applied with the default settings. Signals show the likely direction of the market based on current market patterns. Signal are confirmed by the colored Bias Bar at the bottom of the chart. Green colors indicate a positive bias, red colors indicate a negative bias. Gray is neutral. Trailing Stops...