9/30/2012

EUR_USD H1 09/30/2012

With Stoch and DT Osc in OS zone a positive reaction at the support is waiting in the next few hours. Anyway, the net trend is still bearish and for swing trades it may be wise to wait until Daily Stochastic (8,5,3) will become bullish before considering Long positions.


9/06/2012

EUR_USD H1 09/06/2012

With DT Osc and Stoch bullish I expect a sideway or up movement in the next few hours. On this chart we can see a "cup and handle" pattern which is a bullish formation. The "handle" is complete now and the most probable net trend should be up over the next few days.


9/04/2012

^DJI - 09/04/2012

Stochastic is still bearish. That means the net trend should be sideways to down over the next few days. It may be wise to wait for a bullish reaction at the support and a Stochastic bullish revesal before considering Long positions.


9/01/2012

EUR_USD H1 - 08/31/2012

Friday was an interesting day. After testing resistance, the price passed through it. The current top is an intermediate one. The target is placed at the1.267 level (100% extension of previous width). With daily DT Osc bullish I expect a positive reaction at the support line in the next few hours. Long followed a rally above last hour's high as long as the DTosc and Stochastic are not BullOB or bearish.


8/30/2012

^DJI - 08/30/2012

The price goes through Schiff Median Line. With the Stochastic Oscillator bearish, I expect a 12,900 level test in the next few days. That is a strong support. Traders should wait for a bullish reaction there before considering long positions.


8/28/2012

EUR_USD H1 - 08/28/2012

With Stochastic bullish, I expect a resistance test (ret. fib. 78.6%) in the next few hours. Because of  last bearish movement has corrective characteristics, Long should be considered in the next few days.


8/26/2012

OIL - 08/24/2012

The price has stopped at the 61.8% level. With DT Osc bearish, a multi-day high should be near completion. A bearish correction to 92.5 can be developed in the next few days. The signal was already generated Friday. If short, hold positions and protective stops should be no further than a few pips above Thursday's High.