EUR/USD Weekly Outlook
Saturday, July 23rd, 2011 at
8:12 am
EUR/USD’s rise from 1.3837 extended further to as high as 1.4437 last week but should have formed a temporary top there an retreated. Initial bias is neutral this week for some consolidations but another rise will remain mildly in favor as long as 1.4138 support holds. Focus is now on
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Tagged with: currency forecast • forex market outlook • Forex Signal • fx trading signal
Filed under: Action Forex Market Outlook
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My version of the alligator combines three moving averages, one is a smooth moving average and the other two are exponential, thus you get the benefit of both worlds….The red MA is a 12 period, exponential, applied to the close. The turquoise second MA is a 24 period, exponential, applied to the close. And the third blue MA 13 period, smoothed, applied to Median price(HL/2) and shifted 8 periods.
Great video;
Do you use default settings on your alligator or you customize it ?
I tried using it on GBP/JPY, but it doesn’t seem to be as accurate there as it is on USD crosses; Thanks again for the video.