Daily Quantitative Trading Ideas And Analysis

[AndersenBands]

Yesterday JPY weakened considerably and the ranges that were anticipated to increase did so measurably. AUD also gained notable strength. Here is a visual image of the current short-term momentum ranking of the majors:

Some of today's observations and ideas include-

17 of the 28 pairs that we follow had daily ranges in excess of 100% of the typical range, there are few remaining to increase in volatility. However, $AUDNZD and $GBPUSD are two pairs that are likely to experience range expansions relatively soon.

$AUDCAD and $USDJPY 3-day ranges are poised to expand soon as well.

$AUDCHF, $AUDJPY, $AUDUSD, $CHFJPY had short-term momentum turn positive while $GBPCAD and $GBPNZD turned negative.

$CADCHF experienced a long-term momentum reversal up while $USDCAD turned negative.

$EURGBP shows tight daily and 3-day pivot ranges, suggesting a decent move is in the works.

$GBPCHF shows the highest momentum in both short-term and long-term momentum. Similarly, $EURCHF is ranked second for both short-term and long-term momentum.

$AUDUSD and $EURUSD have each confirmed a 3-day pivot reversal up while $USDCHF has confirmed a 3-day pivot reversal down.

Have a great day!

 

[AndersenBands]

EUR/JPY is showing a "type 3" volatility squeeze inside the Andersen Bands, suggesting an imminent breakout.

[/IMG]

 

[AndersenBands]

Some highlights from the daily ATI report going into Thursday's trading session-

$AUDCAD is showing a short-term downside momentum extreme and is likely to retrace higher.

$CHFJPY short-term momentum switched to the downside.

While CAD has been the strongest of the 8 majors, it is also showing a short-term extreme high momentum with a caution flag for longs. EUR also switched from short-term downside to upside momentum.

$EURCHF is showing a long-term upside momentum extreme and is likely to retrace lower.

Several currency pairs are due for directional range expansion, including: $AUDCHF, $AUDUSD, $EURJPY, $EURUSD, $EURGBP, $GBPUSD, $NZDUSD and $USDJPY.

We analyze volatility and range using several metrics. Due to the unusually large number of range contractions a screenshot of RRI (Relative Range Index) is included with this post so you can see the significant number of relatively low ranges (highlighted in orange).

Additionally, $AUDCHF had a 3-day pivot reversal to the upside.

Please feel free to ask questions or comment. I would love to hear from you!

Have a great day!

 

[AndersenBands]

Perhaps $AUDCAD is about to reverse

 

[AndersenBands]

Is $GBPCHF about to roll over?

$GBPCHF has been number 1 on the ST momentum heat map, and now at 1.3680 may be about to roll over.

 

[AndersenBands]

Is $GE about to move higher?

Perhaps $GE at 13 is preparing for a bounce higher.

 

[AndersenBands]

$DIS volatility squeeze

$DIS short-term chart is showing an Andersen Band volatility squeeze.
This should resolve itself into a volatility spike.

 

[AndersenBands]

$GBPCHF short at 1.3702 looking for a decent pullback.

 

[mark2017]

Grand Canyon Education, in the top!

http://investors.gcu.edu/phoenix.zhtml?c=221997&p=irol-newsArticle&ID=2341946

 

[AndersenBands]

Daily Forex Quantitative Trading Ideas And Analysis - 13 April 2018

Some highlights from the daily ATI report going into Friday the 13th -

$EURAUD reversed short-term momentum to the downside along with EUR as the only change among the majors. CHF is showing an extreme level of downside momentum.

$GBPCHF shows an extremely low long-term momentum level as does $EURCHF albeit at a lesser degree.

$AUDUSD and $EURJPY are both showing extremely low daily ranges which are likely to increase relatively soon.

$GBPAUD and $USDJPY are also poised to expand their 3-day ranges.

$USDCAD, $AUDUSD have extremely narrow daily pivot ranges today.

Similarly, $GBPCAD, and $NZDCAD have extremely narrow 3-day pivot ranges today.

Today's short-term momentum heat map with currency ranking including the majors is attached to this post.

Have a great Friday the 13th!

 

[AndersenBands]

$GBPCHF short at 1.3702 looking for a decent pullback.

Second $GBPCHF short allocation (of 3 max) entered at 1.3742

 

[AndersenBands]

EUR/JPY is showing a "type 3" volatility squeeze inside the Andersen Bands, suggesting an imminent breakout.

[/IMG]

The $EURJPY "type 3" volatility squeeze pattern has resolved itself nicely.

 

[AndersenBands]

$GE reversal breakout update

A quick update to show how $GE has been resolving the volatility reversal breakout to the upside (see attached chart)

 

[AndersenBands]

$SPY, $ES_F 5-wave reversal pattern

$SPY, $ES_F SP 500 has created a 5-wave reversal pattern. When this happens price tends to gravitate back to the magenta line.

 

[AndersenBands]

Allstate $ALL has a "type 3" Andersen Band Volatility Squeeze - Are you in good hands

Allstate $ALL has a "type 3" Andersen Bands Volatility Squeeze. This is where Bollinger Bands (std deviation), Raschke modified Keltner Channel (ave true range) and Andersen Bands (std error) converge leading to an imminent price breakout. Are you in good hands?

 

[Dowser]

Are you in good hands?

I don't know, why don't you tell us where you are long or short from and where your stop and targets are.

 

[AndersenBands]

I don't know, why don't you tell us where you are long or short from and where your stop and targets are.

Thanks for the question. However, the purpose of the chart is to share a setup as an "actionable trade" idea, not to journal or boast about my trading (which nobody cares about and isn't useful). Hope that helps.

Good trades to you!

 

[Dowser]

So you're saying the price is in a range and it could go up or down.

 

[AndersenBands]

So you're saying the price is in a range and it could go up or down.

Saying "...converge leading to an imminent price breakout"
Breakouts are excellent R/R actionable trades.

Cheers!

 

[AndersenBands]

Weekly Forex Quantitative Trading Ideas And Analysis - 16 April 2018

Highlights from the weekly Forex ATI dashboard report going into Monday, 16 April-

Weekly price range compression for $AUD/CAD, $NZDCAD, and $USDJPY reached significant levels and are likely to rebound.

$AUDUSD developed a weekly pivot reversal to the upside.

The weekly pivot ranges are very low for the following pairs which are likely to lead to significant price movement and increased volatility- $EURUSD, $GBPCAD, $AUDCAD, and $USDJPY.

Additionally, a few of the interesting correlation relationships from the ATI report-

$EURAUD currently has a 30-day correlation of 93% with $GBPCAD, yet the 120-day correlation is only 50%.

$GBPAUD currently has a 30-day inverse correlation of -94% with $CADJPY yet the 120-day correlation is only -24%.

$USDJPY currently has a 30-day inverse correlation of -91% with $EURAUD yet the 120-day correlation is only -12%.

The 30-day correlation matrix from the weekly ATI report is included with this post for additional observation.


Have a great week!