Posts Tagged ‘Trend Reactionary Numbers’

New TRNs

TRNS Dec 26th 2011
Euro $
1.4390
1.4266
1.4030
1.3670
1.3490
1.3345
1.3176
1.2987
1.2733
1.2645
1.2212
1.2089
1.1987
1.1800
1.1255
1.1000

Dol/JPY
85.11
82.98
80.85
79.79
78.73
77.25
76.12
75.08
73.99
73.00
72.01
69.88

$/CHF
1.0329
1.0068
.9816
.9564
.9438
.9312
.9151
.9018
.8967
.8517
.8212
.7991
.7588
.7771
.6954

GBP/$
1.7556
1.7112
1.6684
1.6256
1.6042
1.5828
1.5556
1.5394
1.5112
1.4903
Aud/Jpy
89.83
87.76
85.55
83.41
81.27
80.20
79.26
78.31
77.17
76.05
73.88
72.78
71.83
69.88

Aud/Nzd
1.4507
1.4144
1.3781
1.3600
1.3418
1.3093
1.2933
1.2724
1.2539
1.2233
1.2000
1.1844

Aud/$
1.1241
1.0957
1.0684
1.0409
1.0272
1.0135
1.0237
1.0122
1.0094
.9948
.9803
.9567
.9259
.9101
.8966
.8606
.8252

Cad/Jpy
85.20
83.05
80.97
78.89
77.86
76.55
75.33
73.07
69.02

Chf/Jpy
93.20
90.85
88.57
86.30
85.16
84.03
83.33
82.06
80.87
76.39
73.08
68.08

Euro/Chf
1.3183
1.2851
1.2681
1.2512
1.2300
1.2141
1.2000
1.1953
1.1780
1.1268

Eur/Gbp
.8995
.8764
.8649
.8583
.8440
.8373
.8253
.8134
.7988
.7683

Eur/Jpy
109.46
106.65
105.25
104.23
103.50
102.76
101.29
99.82
94.28

Gbp/Chf
1.5411
1.5091
1.4818
1.4620
1.4555
1.4400
1.4350
1.4145
1.3942

Gbp/Jpy
130.33
126.98
125.31
123.64
121.06
119.45
117.65
115.94
112.66
109.51

Nzd/$
87.06
85.06
82.91
80.84
78.76
77.73
76.69
75.50
74.40
72.78
70.12
69.10
66.55
62.63

Nzd/Jpy
63.10
61.48
60.44
59.36
58.59
57.74
54.53
51.23
48.60

Dol/Cad
1.1169
1.0890
1.0611
1.0471
1.0331
1.0245
1.0085
.9938
.9712
.9566
.9387

Gold
1907.57
1864.19
1820.81
1778.99
1714.22
1690.66
1647.28
1625.59
1603.92
1572.81
1540.00
1512.00
1499.00
1460.00
1399.89
Silver
34.37
33.59
32.44
31.86
30.05
26.78
25.30
23.88
22.57
20.33
19.00
17.20

Euro/Chf Breaks A Trend Line And Fib Levels

Inner Circle Live Trading Session

Trend Reactionary Numbers As Of August 15th 2011

Click On Image To Expand!

Support and Resistance Zones

Because technical analysis is not an exact science, it is useful to create support and resistance zones. Each security or Currency has its own characteristics, and analysis should reflect the intricacies of the security. Sometimes, exact support and resistance levels are best, and, sometimes, zones work better. Generally, the tighter the range, the more exact the level. If the trading range spans less than 2 months and the price range is relatively tight, then more exact support and resistance levels are best suited. If a trading range spans many months and the price range is relatively large, then it is best to use support and resistance zones. These are only meant as general guidelines, and each trading range should be judged on its own merits.

We can see that the high of the trading range extended more than 20% past the low, making the range quite large relative to the price. Because the support break forms our first resistance level, we are ready to set up a resistance zone after the the new high is formed. At this point though, we are still unsure if a large trading range will develop. The subsequent low , which was just higher than the previous low, offers evidence that a trading range is forming, and we are ready to set the support zone. As long as the curreny trades within the boundaries set by the support and resistance zone, we will consider the trading range to be valid. Support may be looked upon as an opportunity to buy, and resistance as an opportunity to sell.

New Trend Reactionary Numbers For All!!

Forex Party We Just Came Home From..Rare Footage Of Ms.Strignano!

Where To Escape?

LOOK TO TREND LINES OF HIGHER VALUE.
A trend line of higher value is one that goes back further in time and has not been broken yet. See Chart above
Click on the image to expand.

TRNs For New Comers And A Review For The Rest!

Ultimate Price Indicator TRNs,When Time Meets Price,True Market Reactionary Pivots,
by Tom Strignano

Tired of Trading using Lagging Indicators like MACD, EMAs, and the real mysterious Stochastic RSI. Are you always one step behind the Forex market, left frustrated and baffled? Well I am here to tell you its not your fault! You were lead down the bunny trail by all the propaganda about the Public indicators as I call them. They come with all charts so they have to be good,right? Wrong. If you ask 5 different traders how they use these indicators you will get 6-7 hallucinogenic answers. What if you had a Forward looking indicator based solely on price and wave patterns that was battle tested in the interbank market? What if this indicator could tell you with a high degree of accuracy where a currency would reverse of if the level was broken zoom to the next preplanned level? Do you think you would be more profitable knowing these points ahead of time? You bet your bananas you would!

What If this Forward looking indicator gave you the over all trend of a currency, and by understanding this you could fade(go against) the short term moves, with a greater confidence level. Great little indicator huh?

How much do you think that knowing these points in advance would help you in your overall trading profitability? Would it help you in your spot currency trading?

You Bet It would!

The Indicator I am about to introduce to you is my Trend Reactionary Numbers. My students call them TRNs for short, and they wouldn’t think about trading without them.

Trend Reactionary Numbers are like super unknown pivots for the retail trader(except major banks have similar points.) These Points are major points in the market place. Currencies with gravitate to them and also at times be repelled by them.

Trend reactionary numbers are what my Inner circle of traders also dubbed the Magic numbers. I have developed these numbers over the years by working several different Wave Systems. These are my variation of Elliot Wave with defined points. They are based on a Fibonacci Wave count that I developed and are very, very accurate.The next major model that is added to find them is Chaos theory. Chaos Theory as first introduced as a model by Ed Lorenz back in 1965. He applied the theory to meteorology. It has come to be a major landmark for changes to current thinking on mathematics,economics,biology and statistics. Like Fibonacci levels Chaos Theory can be found in Heart pulses, clock’s oscillating movement like a pendulum and economic fluctuations, they all show a dynamic non linear behavior.When I combine these models I have found these points float and are always changing I reset them as soon as the Market resets and gives me the signal that a wave pattern has finished. I don’t manufacture these points the Market does.

These points are the major points that I am looking to exploit in the market. They help me define low risk high reward areas to take a trade. They also help me stay out of the market when the noise level is just to high and prevent me from taking suboptimal trades. So they are extremely valuable. I am always looking to work to and from these points to gain major pips. Since these points are forward looking you can trade them as a stand alone system.

Using a harmonic wave calculation I can gauge my s/l at these Trend Reactionary Numbers. Its easy to find just go back and get the Average True Range (ATR) of a currency for the last 20 days. I will look to buy a break of these points and use a percentage of the Average True Range as a s/l. It is usually 35-50 pips. Conversely I will look to sell Rallies at these points always gauging market price momentum. Since these points are based on three major theories, we find that markets always move from irrational exuberance to dysphoria. All price action will come back to the moving middle eventually. These points give you those levels with a high degree of accuracy.

So if we are approaching a down side Trend Reactionary Number I will buy it, and see how the Market reacts, If I see it failing I will go short if the market breaks 35 pips below it. I look to go from one TRN to the other. Same on the up side will sell at a TRN and see if it holds, if it breaks above will go long (reverse My position) Looking to move to the next Trend Reactionary Number.
(I do have a Trading System for this yet I have not released it.)

Remember that Trading is not a get rich quick, but with my Trend Reactionary Numbers It can be a get rich quicker. Enjoy The Music Of The Market…But Dance Near The Door I always say!
Lets Look At some TRNs In Pictures From Last Month.
I gave these out on March 3 2011 Click On Images to Expand!

Forex Talk In The Street~What An Inept Group Running The USA!

VICE PRESIDENT JOE BIDEN
“When the stock market crashed, Franklin D. Roosevelt got on the television and didn’t just talk about the, you know, princes of greed. He said, ‘Look, here’s what happened.’”

Well Joe, The Stock Market Crashed In 1929, FDR was elected in 1932. And televisions were still in the laboratory. I guess that goes with the good ole Commander And Chief O bummer that campaigned in 57 states! What a group!

Well Onto to the business at hand!
President Mubarak cannot be so out of touch with the Egyptian main street as to believe that he can remain
in power until his term in office expires later this autumn, can he? He cannot be so removed from reality that he thinks this is both possible and
reasonable, can he? He can’t be surrounded by family, friends and advisers who told him that he could finish
out his term in peace and retire quietly, can he? We can only surmise then that Mubarak needs more time to finalize plans for his eventual exile; to secure the
safety of himself, his wife, his son and more of his
extended family.Talk In The Street is that he needs time to negotiate the removal of several billions of dollars
stolen from the Egyptian people that he will need to secure his dotage while in exile… otherwise he’s gone mad. There really are not
other explanations.

At any rate, capital that might otherwise have gone somewhere abroad is making its way to the regions it
considers safest from the outcomes in Egypt and the Middle East. It is fleeing from Japan, for example, for the market knows the Japan is perhaps the world’s
most exposed nation when it comes to crude oil and nat-gas exports abroad for she relies almost completely on imported energy, having very little of her
own upon which to draw. If there is any untoward slowing of oil exports from the region, Japan shall suffer the most severely. That is axiomatic and all other
things being equal would be sufficient to send the Yen tumbling. Interestingly, the Yen was already showing very real signs of weakness yesterday before
President Mubarak’s announcement. It has show further signs of weakness since.
The AUD/Yen Trade Call Doing Quite Well…
Enjoy The Party… Dance Near The Door!!