Friday, January 19, 2018

Dashboard Dailies (daily closing basis)

Daily Time Frame Trading

AEX @ 566,49 (AEX Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Trend trade setup initiation variables: +/-/+.

BRENT @ 69,31 (Brent Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Trend trade setup initiation variables: +/+/+.

GOLD @ 1.327,20 (GOLD Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Trend trade setup initiation variables: +/+/+.

SOYB @ 973 (SOYB Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Trend trade setup initiation variables: +/0/+.

XEU @ 122,41 (XEU Daily Chart). TTIP mode.
Bullish trend direction. Trend trade setup valid.
Trend trade setup initiation variables: +/+/-.

Long trend trade setup initiation for GOLD since 12-01-2018.
Long trend trade setup initiation for AEX since 15-01-2018 was terminated on 17-01-2018 (SPL).
Long trend trade setup initiation for AEX since 11-01-2018 was terminated on 12-01-2018 (SPL).
Long trend trade setup initiation for BRENT since 06-01-2018 was terminated on 09-01-2018 (BBL).

TTIP mode and trend investment setup validness is determined on a daily basis.

The trend trade setup initiation variables are Trend Trade Setup, Trend Channel and Bollinger Band. 

Trend Trade Setup can be valid (+) or not (-). The Trend Channel can allow for movement in the direction of the trend (+) or not (-). If no reliable trend channel can be drawn the variable scores a zero (0). Bollinger Band can allow for normal price movement in the direction of the trend (+) or not (-). The last two variables should both be considered in a risk-reward context.

For an initiation of a trade we need three plusses (+/+/+).

For an explanation of the Trend Trade & Investment Principle, its abbreviations and its usage see the bottom of this blog. Please also read the disclaimer there.