Average Directional Movement Index (ADX) should be set at 14 +DI (no color) -DI (no color) image

Macsystems

If you add a naked ADX to the set up, it helps to explain when to watch out for a serious market movement. So if we get a market compression and setup, and the ADX is somewhere between 10-12, then we are good for movement. Meaning a good set up with ...

Macsystems

Ftse100: depending on 30M breakout candle; upper tgt - 7100 & higher lower tgt - 6900 & lower image image EU from yesterday's discussion

Macsystems

I prefer not to trade before NFP, but when the set up is good... I guess the movement did occur. Today, the ftse is looking like a good set up. i expect the setups in US equities futures to play out as well. Goodluck to all trading today.

Macsystems

Eyes on EU for some movement.... likely as we head to friday NFP

Macsystems

Next week is NFP so will be very cautious and if possible avoid trading. Tues/ wed/ Thurs of the week after NFP will be getting my attention... (Post-NFP trading) GU have shown some reversal signs but will watch it closely to see if that will happen ...

Macsystems

UCHF moved as expected today. After the move in UCAD yesterday, i was waiting for signs to sell UCHF. Gained some few points.

Macsystems

UCAD was a loss for me and oil moved the other way due to OPEC announcement. Hoping for another good setup another day.

Macsystems

I will be watching UScrude oil and UK brent. Both are under the 4hr supertrend as well as the 60M LWMA. will be interesting to see what happens when crude oil news is released later today. With all the news about oversupply in the market, price may ...

Macsystems

Am looking at UCAD at the moment... hopefully the news later today will send it moving higher. UCHF... also expect this to go higher. Some compressions looking to release and move upwards.

Macsystems

LWMA Compressions on US indices prior to FOMC. The triangular formation will sure breakout in one way image

Macsystems

This week has been slow... maybe due to FOMC awaited today. i believe the US FOMC announcements will shape this weekend and next week. regards.

Macsystems

Finally some movements on the EU as the range breaks to the down side; as anticipated. Made some points from shorts before and after US news release. image

Macsystems

I have been on the road in the last 24 - 48 hrs. This range trade between 1.12 and 1.1250 hasn't made me any money... instead i lost some. image Anyways, on to the next set up and trade.

Macsystems

What it looks like at the moment. Waiting for a break out candle signal on 15M or 30M image

Macsystems

Eyes on EURUSD for some movement. News/ announcement by 10am GMT

Macsystems

The sell-off in the stock market is not over .... based on the charts. I will be looking for pull backs and continuation... at least till DJ30 touches the green 200MA line. image Intresting to note that the VIX has completed what looks like a ...

Macsystems

The rules remain the same (post #3). All we need do is watch the charts and pay closer attention to market structure and patterns. Hopefully, we get in when the breakout happens and price is moving away from the compression zone.

Macsystems

A traders dream... can the MA help us identify and get in on these types of trades? Hopefully, we can catch some of these when the break out happens. image image

Macsystems

I guess this trade has finally moved in the expected direction. Well, i am done for the week and didn't bother trading but its worth knowing that it finally played as expected. Take a look at the indices, good to know they've started to move. Will ...

Macsystems