johnpaulca
12,036 posts
msg #120379
- Ignore johnpaulca |
6/3/2014 10:38:22 PM
USD/Can...finally a breakout, will be interesting to see how this affects the market tomorrow.
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guspenskiy13
976 posts
msg #120383
- Ignore guspenskiy13 |
6/3/2014 11:05:31 PM
I have no clue about forex...how could it?
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johnpaulca
12,036 posts
msg #120384
- Ignore johnpaulca
modified |
6/3/2014 11:27:46 PM
it "normally" has an inverse affect on the markets.
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guspenskiy13
976 posts
msg #120385
- Ignore guspenskiy13 |
6/3/2014 11:35:22 PM
I see..
Gold is setting up for couple green days as I can see... maybe NUGT
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johnpaulca
12,036 posts
msg #120386
- Ignore johnpaulca |
6/4/2014 12:37:09 AM
VECO(30.75).... long....paper trade for bottom.
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guspenskiy13
976 posts
msg #120387
- Ignore guspenskiy13 |
6/4/2014 2:04:27 AM
I found the performance of this filter interesting....
They say it has ~85% win chance...idk if that's true, but if you get rid off inverse etf's...might be...
last thing from scan is ATI - nice little dip from an uptrend with a pretty long tail ....ROC(80) =28.94...ROC(7) just below 2...nice setup...sits at sup..
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guspenskiy13
976 posts
msg #120388
- Ignore guspenskiy13
modified |
6/4/2014 2:07:57 AM
Looked at VECO...so choppy...I would look for a short under 30.6...it failed to break res after the pop off 31..
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johnpaulca
12,036 posts
msg #120389
- Ignore johnpaulca |
6/4/2014 8:47:10 AM
2-hr chart will tell you a different story. I've identified areas where their's a high probability to revert. Futures are down so will be a good test for this strategy. I don't expect it to turn on a dime, will just wait and creep it out
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guspenskiy13
976 posts
msg #120390
- Ignore guspenskiy13 |
6/4/2014 8:57:44 AM
It does look different... trend pretty close underneath...
Monday/Tuesday RSI(2)<30; maybe long when rsi closes above 30..
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guspenskiy13
976 posts
msg #120392
- Ignore guspenskiy13 |
6/4/2014 9:05:28 AM
QQQ closed above the MIDDLE 12 times in a row, SPY 9.
While this is the record for QQQ in these 100 days; SPY is at the limit right now.
I really don't want to be short biased...but I can't resist...
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