Day: May 24, 2019
18 posts
Important resistance line being approached by 10 year US Treasury Note JUNE 2019. This price has been tested numerous time in the last 8 days
10 year US Treasury Note JUNE 2019 is moving towards the resistance line of a Rising Wedge which…
Big movement expected on United Technologies Corp. after a breach of the support
United Technologies Corp. has broken through a support line of a Descending Triangle and suggests a possible movement…
US30 is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
US30 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the…
After testing the support line numerous times, E-mini S&P 500 JUNE 2019 is once again approaching this line. Can we expect a bearish trend to follow?
The movement of E-mini S&P 500 JUNE 2019 towards the support line of a Falling Wedge is yet…
Important resistance line being approached by BTCUSD. This price has been tested numerous time in the last 9 days
BTCUSD is moving towards the resistance line of a Ascending Triangle which it has tested numerous times in…
After testing resistance twice in the past, Boeing Co. has finally broken through. Can we expect a bullish trend to follow?
The breakout of Boeing Co. through the resistance line of a Triangle could be a sign of the…
UK100 – approaching a price line that has been previously tested numerous times in the past
UK100 is moving towards the resistance line of a Resistance. Because we have seen it retrace from this…
Light Sweet Crude Oil JULY 2019 is approaching a support line of a Channel Down. It has touched this line numerous times in the last 4 days.
Light Sweet Crude Oil JULY 2019 is approaching the support line of a Channel Down. It has touched…
Backtesting for efficiency
Your forex backtests are absolutely worthless if you do not test the statistical entry efficiency and exit efficiency of the strategy. Everyone that runs a backtest inevitably reports the dollars earned as the outcome. Other factors exist like the average win to loss, the profit factor and the Sharpe ratio, but they do not tell…
General Electric Co. – breach of a trending support line that has been tested at least twice before.
General Electric Co. has broken through the support line of a Descending Triangle technical chart pattern. Because we…