The Market is Cuckoo

Barcarolle - Anna Netrebko & Elina Garanca - Offenbach Barcarola

Elīna Garanča - Ave Maria (Mascagni) - Mainz, 2009

#1'770

Delete the target @ 101.55
Exit @ 102.36, +22, (x3 = 66)

USDJPY, M30, 2014 August 06

profit is profit
holding on to mine

A bird in the hand is worth two in the bush!
I wish you green pips, Davit!
I love your trading style!
FXcube

Account: 1K-L1:50
I've gathered some pips here & there ad interim.

PO GBPNZD, Short @ 1.9927, Target @ 1.9824

Thanks Cube.We trade similarly.
I just went Long on EG at 7932
Based on my system trend respected 50RSI WR% level hence has momentum to go higher

PO GBPNZD, Short @ 2.0282, Target @ 1.9220

Oh yes, counting with the probabilities.
I hope also that the daily middle line of Bollinger Band could hold, also the Pivotal mS1 07919.
Weekly and Monthly charts are looking also okay (& longer term maybe till 0.85, 0.87 with a drawdown risk to 0.7650 when setting here a SL - see monthly 2008.10.01 L 0.76925).
Best wishes from Switzerland, Davit!
FXcube

EURGBP, Monthly, 2014 August 06

I think Euro should bounce higher.
ECB Press tommorow
Should be very interesting.I think Draghi will sound hawkish at least that's my take.
regards

http://www.forextraders.com/forex-in...explained.html

Relative Vigor Index Indicator Explained – What is the RVI Indicator?
Updated: May 16, 2013 at 5:29 AM

The “Relative Vigor Index”, or “RVI”, is a popular member of the “Oscillator” family of technical indicators. Although the creator of the Relative Vigor Index is unknown, its design is very similar to Stochastics except that the closing price is compared with the Open rather than the Low price for the period. Traders generally expect the RVI to signal direction shifts and to increase in Bullish markets when momentum is on the rise and closing prices exceed opening values. Fluctuations tend to be smoother such that divergences between the index and price behavior have more meaning.
The Relative Vigor Index indicator is classified as an “oscillator” since the values fluctuate between computed positive and negative values. The indicator chart typically has a centerline at “0.00” with the RVI and its companion weighted moving average vibrating about it. High values are interpreted as a strong overbought condition, or “selling” signal, and low values, a strong oversold condition, or “buying” signal.

Relative Vigor Index Formula
The Relative Vigor Index indicator is common on Metatrader4 trading software, and the calculation formula sequence involves these straightforward steps:

1. Choose a period value of “N” (Standard = 14, but “10” is preferred);
2. RVI = (Close – Open)/(High – Low) using price data for the period;
3. Calculate an “N” period SMA for the RVI;
4. Calculate a signal line of the weighted moving average for last four values.

Software programs perform the necessary computational work and produce a Relative Vigor Index indicator as displayed by the two lines as in of the following chart:
http://www.forextraders.com/assets/_...50-meta4oo.png
The Relative Vigor Index indicator is composed of two fluctuating curves – the “Green” line, which is the smoother RVI values, and the “Red” signal line. The Relative Vigor Index oscillator is viewed as a “leading” indicator, in that its signals foretell that a change in trend is imminent, especially when lines cross into extreme regions or when values diverge from current pricing behavior. The weakness in the indicator is timing and that it often gives counter-intuitive values that confuse rather than assist traders. Using an additional indicator may reduce the propensity for false signals.
The next article in this series on the Relative Vigor Index indicator will discuss how this oscillator is used in forex trading and how to read the various graphical signals that are generated.

Next Article >> Relative Vigor Index Strategy >>

Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you.
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To do the opposite what newspaper tell you!
German economic newspapers are drone about a more and more weaken euro. That could be definitely the hint that the market will switch completely.
I hope it also. Most of my longer term accounts are alligned at EURUSD Long.
If not I have to reopen several accounts additively if the market price will go more down maybe till 1.27 or around 1.22 again.
My sell orders are non-standardized around 1.45, 1.4780, 1.50 this year.
FXcube

Thanks for your input on Euro.I think we will test 35 again
CLOSED all UJ shorts at 101.85
10 positions
+616pips
Closed EG at 40 +16pips

Congratulation!

http://www.investopedia.com/terms/r/...igor_index.asp

Relative Vigor Index - RVI

Definition of 'Relative Vigor Index - RVI'

An indicator used in technical analysis that measures the conviction of a recent price action and the likelihood that it will continue. The RVI compares the positioning of a security's closing price relative to its price range, and the result is smoothed by calculating an exponential moving average of the values.

The indicator is calculated by using the following formula:

http://i.investopedia.com/inv/dictio...RVIformula.gif

Investopedia explains 'Relative Vigor Index - RVI'

The RVI indicator is calculated in a similar fashion to the stochastic oscillator, but the vigor index compares the close relative to the open rather than to the low. Traders expect the RVI value to grow as the bullish trend gains momentum because in this type of environment, a security's closing price tends to be at the top of the range while the open is near the low of the day.
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Filed Under: Equity Valuation, Technical Analysis, Technical Indicators

EURUSD, Long @ 1.3375, Target @ 1.4480

Building strong position LONG on EUR/CHF
6 positions around 2140-2144
Target 2190-22

USDJPY, Long @ 102.10 (5x), Target @ 102.73
USDJPY, Short @ 102.10 (5x), Target @ 101.55

PO USDJPY, Long @ 101.50 (3x), Target @ 102.50
PO USDJPY, Short @ 102.75 (3x), Target @ 101.75

see also #1'800, please.

USDJPY, Daily, 2014 August 07