Sunday, 19 January 2014

Daily Swing System Update

This system is a swing trading system that attempts to capture medium term trend moves. It is based on the daily time frame so as to avoid the intraday chop. It is simple in structure and has proven highly effective over the last 12 months. It is always "in" the market.

Current System Positions :

Indicies:

SPX 500 - Long 1810.80, Stop 1810.80, TP1 1862.0.

DOW 30 - Long 16167, Stop 16167, TP1 16677.

Nasdaq 100 - Long 3235, Stop 3490, TP1 3352 hit. Awaits reversal Signal to close.

DAX 30 -  Long 9274, Stop 9274, TP1 9575 hit.  Awaits reversal Signal to close.


Commodities:

GOLD - Long 1223.65, Stop 1223.65, TP1 1268.25.

Silver - Long 20.09, Stop 19.30, TP1 20.87.

WTI Crude - Short 95.41, Stop 95.41, TP1 90.03.


FX Pairs:

EUR/USD - Short 1.3664, Stop 1.3893, TP1 1.3436.

GBP/USD - Short 1.6362, Stop 1.6603, TP1 1.6121.

USD/CHF - Long 0.8992, Stop 0.8992, TP1  0.9184.

USD/CAD (testing) - Long 1.0380, Stop 1.0775, TP1 hit. Awaits reversal Signal to close.

AUD/USD - Short 0.8903, Stop 0.9088, TP1 0.8718.

EUR/AUD - Long 1.5430, Stop 1.5022, TP1 1.5838.

GBP/AUD - Long 1.8530, Stop 1.8011, TP1 1.9052.

EURJPY - Short 142.43, Stop 145.64, TP1 139.22.

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