Showing posts with label momentum. Show all posts
Showing posts with label momentum. Show all posts

Saturday, November 22, 2014

Stock Scan Results by the Rambunctious Pig As At 7:15 pm EST November 22, 2014

The contents of this post may temper your trading strategy for the next couple days. I have created an 'index' of 992 stocks that trade between $10 and $25 at the close Friday so that I can measure certain aspects of that 'index' and also to compare individual instruments against it as well.

The first scan that I can describe was to measure the momentum of the index and also the momentum of the 992 instruments as decreasing or increasing as of Friday close.


First, here is the chart of the index that I created.



The lower chart shows the 'homemade' momentum indicator and, as you can see, the momentum is almost neutral for the group.

Next I did a scan to determine how many are decreasing and how many are increasing in momentum.

  • Decreasing in momentum are 508 instruments
  • Increasing in momentum are  484 instruments

The count is just about even and not really anything to base any decisions on based on Friday's data.

Here is another look at the same chart with a Slow Stochastic.



As you can see, the Slow Stochastic is approaching the overbought area which may indicate a move is coming.

Certainly we can not use this chart as any measure except perhaps to consider when making the trading plan for the next week.

I wanted to share that research today and as time passes I will be improving the scans on that group of stocks and sharing those with you.

I wish you the best with your trading strategy for the coming week.

Good Trading..!

Forex Scan Results by the Rambunctious Pig As At 5:15 pm EST November 22, 2014

One scan only this afternoon and this may affect your trading strategy for next week. Actually this is not a scan but a chart that reflects the momentum of the Forex market in the past few days.


I have made an 'index' of 56 currency pairs, including Gold and Silver, in order to be able to have a look at the momentum of the Forex market in general and also to be able to compare performance of individual currency pairs to the 'index'.

One of the indicators that I use on this chart is a 'homemade' momentum indicator that can reflect the direction of the momentum of the 'index.

For today's purpose, the chart only shows the 'homemade version of the momentum indicator, I have a couple more 'homemade' indicators that I use for different purposes.

Now here is the chart and you will see that the upward momentum of the past two months has turned bearish, which to me indicates that the market may be losing some of the steam it has been showing.

You will see that the last candle is similar to bearish engulfing, an indication that we may some reversals in coming days.




Hopefully this information will benefit your trading strategy for the coming week.

Good Trading..!

Thursday, November 20, 2014

Forex Scan Results by the Rambunctious Pig As At 5:15 pm EST November 20, 2014



I have revised the scans and included more scans, especially momentum which is at the bottom of the list.

You may find these to be helpful for your trading strategy.

I caution you that your data may be different from mine and these are done as at about 4:30 EST.


Bullish MacdCrossovers

EURAUD
EURCAD

Bearish MacdCrossovers

AUDCAD
AUDCHF
AUDDKK
CADCHF


NR4 Narrow Range

AUDJPY

Bullish 5 - 10Macrossover

EURAUD


Bearish 5 – 10Macrossover

AUDCAD
AUDDKK

Bullish Golden Cross

Bearish Death Cross

60 Day High

CADJPY
EURJPY
GBPJPY
NZDJPY
SGDJPY
USDJPY

60 Day Low


New Weekly High 5DAYS

CADJPY
CHFJPY
EURAUD
EURCAD
EURJPY
EURNOK
EURNZD
EURSGD
GBPAUD
GBPJPY
GBPSGD
SGDJPY
USDHKD
USDJPY
USDNOK
USDSGD

New Weekly Low 5DAYS

AUDCAD
AUDCHF
AUDDKK
AUDGBP
AUDNOK
AUDSGD
AUDUSD
CADCHF
EURCHF
NZDCAD
NZDCHF
NZDUSD



New Yearly High 200DAYS

CADJPY
EURJPY
GBPJPY
NZDJPY
SGDJPY
USDJPY



New Yearly Low 200DAYS


EURCHF




Increasing Momentum

AUDCAD
AUDGBP
AUDNZD
AUDSGD
AUDUSD
CHFJPY
EURAUD
EURCAD
EURCHF
EURDKK
EURGBP
EURJPY
EURNZD
EURSGD
EURUSD
GBPSGD
GBPUSD
NZDCAD
NZDUSD
USDHKD

XAGUSD
XAUUSD




Decreasing Momentum

AUDCHF
AUDDKK
AUDJPY
AUDNOK
CADCHF
CADJPY
EURNOK
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNOK
GBPNZD
GBPSEK
NZDCHF
NZDJPY
SGDJPY
USDCAD
USDCHF
USDDKK
USDJPY
USDNOK
USDSGD



Dragonfly Doji


Today Close is Lowerthan the Open

AUDCAD
AUDNOK
AUDNZD
AUDSGD
CHFJPY
EURAUD
EURCAD
EURGBP
EURNOK
EURNZD
EURSGD
EURUSD
GBPAUD
GBPCAD
GBPNOK
GBPSGD
USDCAD
USDNOK
USDSGD




Today Close isHigher than the Open

AUDCHF
AUDDKK
AUDGBP
AUDJOPY
AUDUSD
CADCHF
CADJPY
EURCHF
UURJPY
GBPCHF
GBPJPY
GBPSEK
GBPUSD
NZDCAD
NZDCHF
NZDJPY
NZDUSD
SGDJPY
USDCHF
USDDKK
USDHKD
USDJPY
USDSEK

XAUUSD
XAGUSD