High Probability Insight: Day-Trade Daily Momentum on M1/M5TF

All the Indicators and templates are inside this thread mate....

Go to the paperclip Section, and you will see them all.

You are welcome Blueman!

What Is the Swiss Franc Telling Us?

The Swiss Franc is trading at its lowest level against the euro since the Swiss National
Bank surprised the world by lifting the currency cap in early 2015. This week's move has been
especially pronounced. The euro has appreciated by a little more than 2% against the franc, Barring
much of a setback tomorrow, it will be the largest weekly advance in 2 1/2 years.

The euro and the Swiss franc are highly correlated. Over the past 60-days, the correlation of
percentage change of the two currencies is 0.85. For the past two years, the rolling 60-day correlation
has not fallen below 0.75 and rarely moves above 0.90. That makes this week's development all the
more eye-catching. The franc has fallen 1.6% against the US dollar (~CHF0.9615), while the euro has
risen 0.4% (~$1.1695).

The euro reached a new 30-month high today, edging briefly above $1.1775. The dollar
bottomed against the Swiss franc last week (July 21) near CHF0.9440. Today it is posting a potential
outside up day. The dollar briefly fell through yesterday's lows in Asia and now has rallied above
yesterday's high. A close above yesterday's high(almost CHF0.96) would be a bullish technical
development.

USD/CHF, M30TF



CAD/CHF, M30TF

Current Market Condition/Sentiment: (CsDash Update both TF being Observed)




Note: I only prefer the DailyTF Dashboard to select my watchlist for the most part.

Potential Day-Trading Setups for Friday Trading Sessions:

Key Upcoming News Events ( Friday, July 28th 2017)

Market Insights on some Key Events: (Fundamental Analysis)


US GDP:

The first release of GDP growth for Q2 2017 is expected to show a pickup. The US economy grew by
1.6% in 2016 and 1.4% annualized in Q1 2017. This is below the “new normal” which is a mediocre
2-2.5%. The first estimate tends to have the biggest impact on markets. A bounce to a growth rate of
2.5% is on the cards.


Canadian GDP:

Canada releases its GDP figures once per month, allowing a closer look at the economy. The strong growth
recently seen prompted a rate hike and upgraded forecasts. On a monthly basis, the economy grew by 0.2%
in April. Also for the month of May, 0.2% is expected.


US Consumer Confidence (revised):

The last word of the week belongs to the revised measure of Consumer Confidence as measured by the
University of Michigan. The preliminary report showed a disappointing slide to 93.1 points. It is expected
to be confirmed, but revisions are common.

AUD/CAD, M30TF - Potential Reversal Trade Setup ( Bearish Divergence on M30TF )

Trend: Bullish(H4TF) - Bullish(M30TF)
Setup: Bearish Divergence(M30TF)

Market Expectation: AUD becomes Weak and CAD becomes Strong (Short Trade Only)

AUD/CHF, M30TF - Potential Reversal Trade Setup ( Bearish Divergence on M30TF )

Trend: Bullish(H4TF) - Bullish(M30TF)
Setup: Bearish Divergence(M30TF)

Market Expectation: AUD becomes Weak and CHF becomes Strong (Short Trade Only)

CAD/CHF, M30TF - Potential Reversal Trade Setup ( Bearish Divergence on M30TF )

Trend: Bullish(H4TF) - Bullish(M30TF)
Setup: Bearish Divergence(M30TF)

Market Expectation: CAD becomes Weak and CHF becomes Strong (Short Trade Only)

CAD/JPY, M30TF Insight: Bullish Divergence(M30TF) - Trend: Bearish(M30TF)

EUR/NZD, M30TF Insight: Bullish Divergence(M30TF) - Trend: Bullish(M30TF)

thanks, I will look , what is the name of the current market conditions template?

Take care

Here's the location for that indicator:

https://www.forexfactory.com/showthr...3#post10038103

Name is: CsDash (I am not the coder )

GBP/AUD, M30TF Insight:

GBP/CHF, M30TF Insight:

GBP/JPY, M30TF Insight -- Bullish Divergence(M15TF) - Trend: Bearish(M30TF)

GBP/USD, M30TF Insight:

Many thanks

NZD/CAD, M30TF - Potential Reversal Trade Setup (Ideal Trifecta Setup)

Setup: Bearish Divergence(M30TF)

Trend: Bearish(M30TF)

Market Sentiment: Bearish (NZD is Weak and CAD is Strong)