Intra Day MKT Report For USDCAD

Strategydb believe that standardized and repetitive analysis instills discipline in trading. Reports list major areas of interest that should be considered when performing technical analysis and / or creating a trading plan.



Market Mode of Behavior: USDCAD : FOREX : 1.32675 : Micro: Eight specific set-ups that dictate the current trading strategy...
Currently, this market meets the Corrective Bull Mode criteria. Price is trending lower.

For the entire data set this market has been in Corrective Bull Mode 13.80% of the time.

The average number of bars spent in this Mode before transitioning normally = 13. Since the current number of bars in Mode = 1, this Mode of Behavior still has 12 bars to mature before meeting its average and possibly transitioning. Remember that this analysis is being performed on the 15_MIN._ bar interval.

The average price growth during this behavior is approximately = -0.00055. This is compared to the current price growth of -0.00189. Based upon the closing price of the most recent bar, price growth has been exceeded.

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Transitions & Time: USDCAD : FOREX : 1.32675 : Micro: Background on the current Mode of Behavior...
Transition from Trending Bull Mode occurred 1 bar(s) ago.

According to our signal logic, this transition occurred normally and triggered on the shortest time frame. This TBUCBU transition occurs very often.

Possessing knowledge of the preceding Mode of Behavior as well as the most likely subsequent Mode assists in executing current strategies, exits, and setups for the next trade.

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Standard Analysis: USDCAD : FOREX : 1.32675 : Micro: A closer look at the current Mode of Behavior...
The current bar's close at 1.32675 demonstrates that prices should continue lower.

Cautionary price levels 0.28% below the market are outside the Average True Range price percentage window of 0.08%, currently lowering the short-term probability of transitioning out of Corrective Bull Mode.

The Average True Range price percentage window is simply a function of the 16 bar Average True Range, divided by the underlying's closing price of the last bar. Cautionary price levels are proprietary. Prices in this region indicate possible Mode transitions.

Volatility based on the 16 bar Average True Range = 0.00101 points, (based upon the underlying's price scale.)

The price change versus 1 hour ago = -0.00165. The price change versus 12 hours ago = 0.00171. The price change versus 24 hours ago = 0.00257.

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Advice: USDCAD : FOREX : 1.32675 : Micro: Straight-forward wisdom on how to position for near-term profits...
Alert! Transactions in FOREX, Futures, and Stocks, carry a high degree of risk. No slippage or commissions are included here or in our Statistics tables. Your FCM will charge you a commission.

Range trade this market from the short side. Sell rallies. Do not trend trade.

During Corrective Bull Mode short time-frame traders disagree with medium and longer time-frame traders. Brief pull backs are expected. (-++)

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Natural Attraction: USDCAD : FOREX : 1.32675 : Micro: Expected tendencies and targets...
During Corrective Bull Mode prices should tend towards a point located at 1.32182.

A medium-term price structure located at 1.32182 is less than 0.4% away.

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Support & Resistance: USDCAD : FOREX : 1.32675 : Micro: Specific trading levels or bands...
SPEEDVIEW TRADING WIDGET

A key level to watch, located at 1.32581 is exactly 0.00094 points, or 0.1% away.


Trading Band1 Level = 1.32893
Trading Band2 Level = 1.32792
Trading Band3 Level = 1.32691
Trading Band4 Level = 1.32590
Trading Band5 Level = 1.32488
Trading Band6 Level = 1.32387
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Price Growth / Decay Projections: USDCAD : FOREX : 1.32675 : Micro: Growth / decay projections...
Target#1=1.32478
Distance=0.00197
Move=0.1%

Target#2=1.32159
Distance=0.00516
Move=0.4%
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Common Technicals: USDCAD : FOREX : 1.32675 : Micro: Values for commonly used technical analysis indicators...
Micro = 15 minute updates...


Momentum Indicators

09 Day RSI = 46.01
10 Day RSI = 47.22
14 Day RSI = 50.25

Moving Averages

003 Bar MA = 1.32814
004 Bar MA = 1.32821
005 Bar MA = 1.32823
008 Bar MA = 1.32813
010 Bar MA = 1.32785
014 Bar MA = 1.32724
018 Bar MA = 1.32687
020 Bar MA = 1.32677
030 Bar MA = 1.32616
040 Bar MA = 1.32594
050 Bar MA = 1.32576
100 Bar MA = 1.32514
200 Bar MA = 1.32498

Oscillators

12,26 Day MACD = 0.00078
9 Day Smoothed MACD = 0.00069
Difference = 0.00009

Volatility

20 Period Bollinger Bands +2 Devs = 1.32526
20 Period Bollinger Bands -2 Devs = 1.32526

Wilder Parabolic Stop and Reverse

ParabolicSAR = 1.32994
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