What's going on with the Dollar ?
Market Breadth Data******************************
Friday, April 29, 2011
Tuesday, April 26, 2011
The risk/reward balance is becoming more one-sided:
I gave the Risk/Reward (R/R) Oscillator an inverted scale, so it matches price action.
Therefore, high % readings correspond to high risk long entries (or low risk short entry levels).
In this example, an L r/r means that the Long risk/reward ratio is 0.44 : 1, while S r/r means that the short risk/reward ratio is 2.27 : 1.
C-P is the difference between the close and tomorrow's weekly pivot.
I gave the Risk/Reward (R/R) Oscillator an inverted scale, so it matches price action.
Therefore, high % readings correspond to high risk long entries (or low risk short entry levels).
In this example, an L r/r means that the Long risk/reward ratio is 0.44 : 1, while S r/r means that the short risk/reward ratio is 2.27 : 1.
C-P is the difference between the close and tomorrow's weekly pivot.
Sunday, April 24, 2011
Tuesday, April 19, 2011
Saturday, April 16, 2011
Saturday, April 09, 2011
Thursday, April 07, 2011
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