From January 1st – 3rd we received CAD/JPY weekly and daily alerts as seen on the charts below. Depending on entry and exit points, this trade produced anywhere from a 150 to 500 pip move if the trade was held for the 8 to 10 days as indicated by the cycle.

The chart below shows the end of the upward trending cycle on a short term basis. The downward trend started on January 17th and the currency pair was around 82.

 

 

The QuantCycle indicator is a technical tool that employs proprietary statistical techniques and complex algorithms to filter multiple cycles from historical data, combines them to obtain cyclical information from price data and then gives a graphical representation of their predictive behavior (center line forecast). Other proprietary frequency techniques are then employed to obtain the cycles embedded in the prices. The upper and lower bands of the oscillator represent a two-standard deviation move from the predictive price band and are indicative of extreme overbought/oversold conditions.

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