Saxo Trade Navigator trade navigator... · 2 Tuesday, 17 February 2015 ATR Stop Trade size Instrument Last Sup 3 Sup 2 Sup 1 Pivot Res 1 Res 2 Res 3 5d 21d 55d High (20d) Low (20d)

Tuesday, 17 February 2015

1

Saxo Trade Navigator

Tuesday, 17 February 2015 2

ATR Stop Trade size

Instrument Last Sup 3 Sup 2 Sup 1 Pivot Res 1 Res 2 Res 3 5d 21d 55d High (20d) Low (20d) 9d 14d High (20d) Low (20d) 14d Dist. Units

EUR/USD 1.1349 1.1198 1.1259 1.1307 1.1368 1.1416 1.1477 1.1525 1.1362 1.1378 1.1846 1.1679 1.1098 43.8 41.0 1.1560 1.1174 0.0124 0.0062 161000

USD/JPY 118.56 117.45 117.81 118.15 118.51 118.85 119.21 119.55 119.25 118.30 118.83 120.48 116.66 49.9 50.5 119.91 116.75 1.18 0.59 201000

EUR/JPY 134.55 132.29 133.14 133.84 134.69 135.39 136.24 136.94 135.50 134.60 140.79 137.64 130.15 45.3 43.3 137.35 131.67 1.79 0.89 133000

EUR/GBP 0.7388 0.7321 0.7350 0.7370 0.7399 0.7420 0.7448 0.7469 0.7413 0.7496 0.7708 0.7715 0.7372 31.0 32.2 0.7634 0.7341 0.0067 0.0034 194000

EUR/CHF 1.0604 1.0443 1.0497 1.0539 1.0593 1.0634 1.0688 1.0730 1.0564 1.0358 1.1307 1.0644 0.9776 52.4 45.9 1.0845 0.9887 0.0178 0.0089 105000

GBP/USD 1.5360 1.5222 1.5281 1.5322 1.5381 1.5422 1.5481 1.5522 1.5327 1.5178 1.5365 1.5422 1.4952 62.2 57.0 1.5420 1.4943 0.0118 0.0059 170000

CHF/JPY 126.89 125.88 126.36 126.75 127.23 127.62 128.10 128.48 128.24 130.00 124.92 138.28 125.80 42.7 48.0 136.22 123.42 2.41 1.20 99000

USD/CHF 0.9344 0.9242 0.9263 0.9291 0.9312 0.9340 0.9361 0.9389 0.9300 0.9106 0.9535 0.9347 0.8501 58.4 51.9 0.9564 0.8679 0.0151 0.0075 124000

USD/CAD 1.2445 1.2359 1.2390 1.2428 1.2459 1.2497 1.2528 1.2566 1.2528 1.2456 1.1966 1.2799 1.1935 50.2 55.2 1.2735 1.2228 0.0142 0.0071 175000

AUD/USD 0.7787 0.7707 0.7729 0.7751 0.7773 0.7795 0.7817 0.7839 0.7752 0.7866 0.8070 0.8244 0.7626 41.3 36.9 0.8093 0.7605 0.0100 0.0050 201000

NZD/USD 0.7511 0.7387 0.7420 0.7461 0.7494 0.7535 0.7568 0.7609 0.7430 0.7429 0.7634 0.7808 0.7177 60.1 51.8 0.7593 0.7228 0.0106 0.0053 189000

GBP/CHF 1.4352 1.4176 1.4229 1.4273 1.4326 1.4370 1.4423 1.4467 1.4255 1.3822 1.4655 1.4378 1.2839 63.5 54.8 1.4660 1.3037 0.0231 0.0115 81000

AUD/JPY 92.32 91.10 91.43 91.76 92.09 92.42 92.74 93.07 92.43 93.05 95.90 97.40 89.38 43.7 41.0 95.85 89.89 1.25 0.63 189000

CAD/JPY 95.27 93.96 94.37 94.71 95.11 95.45 95.85 96.19 95.18 94.98 99.45 99.07 91.75 49.4 44.7 97.09 92.53 1.33 0.67 178000

GBP/JPY 182.12 179.62 180.58 181.30 182.26 182.98 183.94 184.66 182.76 179.56 182.60 184.19 175.51 58.1 55.1 184.00 175.30 2.01 1.01 118000

GBP/CAD 1.9117 1.9028 1.9075 1.9113 1.9160 1.9198 1.9245 1.9283 1.9202 1.8907 1.8378 1.9363 1.8012 59.2 62.0 1.9431 1.8468 0.0204 0.0102 122000

ATR Stop Trade size


AUD/USD 0.7787 0.7707 0.7729 0.7751 0.7773 0.7795 0.7817 0.7839 0.7752 0.7866 0.8070 0.8244 0.7626 41.3 36.9 0.8093 0.7605 0.0100 0.0050 201000

NZD/USD 0.7511 0.7387 0.7420 0.7461 0.7494 0.7535 0.7568 0.7609 0.7430 0.7429 0.7634 0.7808 0.7177 60.1 51.8 0.7593 0.7228 0.0106 0.0053 189000

USD/CAD 1.2445 1.2359 1.2390 1.2428 1.2459 1.2497 1.2528 1.2566 1.2528 1.2456 1.1966 1.2799 1.1935 50.2 55.2 1.2735 1.2228 0.0142 0.0071 175000

CAD/USD 0.8036 0.7960 0.7983 0.8003 0.8026 0.8046 0.8069 0.8089 0.7982 0.8029 0.8368 0.8378 0.7822 49.6 44.2 0.8176 0.7848 0.0089 0.0044 226000

AUD/NZD 1.0367 1.0214 1.0273 1.0318 1.0377 1.0422 1.0481 1.0526 1.0431 1.0588 1.0570 1.0798 1.0387 28.2 34.3 1.0817 1.0363 0.0095 0.0047 280000

AUD/CAD 0.9691 c 0.9614 0.9636 0.9663 0.9685 0.9712 0.9734 0.9761 0.9712 0.9796 0.9649 1.0086 0.9590 44.2 46.8 0.9980 0.9612 0.0117 0.0059 212000

NZD/CAD 0.9347 0.9201 0.9240 0.9296 0.9335 0.9391 0.9430 0.9486 0.9311 0.9252 0.9129 0.9424 0.9032 62.8 60.2 0.9362 0.9138 0.0108 0.0054 230000

EUR/AUD 1.4574 1.4429 1.4505 1.4557 1.4634 1.4685 1.4762 1.4813 1.4657 1.4469 1.4678 1.4896 1.3966 50.1 50.5 1.4890 1.4081 0.0190 0.0095 135000

EUR/NZD 1.5109 1.4845 1.4977 1.5058 1.5190 1.5271 1.5403 1.5484 1.5292 1.5320 1.5515 1.5822 1.4815 36.7 40.8 1.5665 1.5015 0.0206 0.0103 129000

EUR/CAD 1.4124 1.3997 1.4063 1.4109 1.4174 1.4221 1.4286 1.4332 1.4234 1.4172 1.4158 1.4492 1.3804 44.4 47.6 1.4424 1.3951 0.0169 0.0085 147000

AUD/JPY 92.32 91.10 91.43 91.76 92.09 92.42 92.74 93.07 92.43 93.05 95.90 97.40 89.38 43.7 41.0 95.85 89.89 1.25 0.63 189000

NZD/JPY 89.05 87.09 87.61 88.24 88.76 89.40 89.92 90.55 88.60 87.87 90.72 91.92 84.08 60.9 52.4 90.37 85.01 1.25 0.63 189000

XAU/USD 1224.04 1219.18 1223.52 1228.03 1232.37 1236.88 1241.22 1245.73 1227.33 1263.74 1228.50 1307.62 1215.30 38.1 43.0 1317.38 1208.91 20.10 10.05 100

XAG/USD 17.148 17.011 17.122 17.198 17.309 17.386 17.496 17.573 17.045 17.463 16.767 18.486 16.563 49.4 50.4 18.488 16.415 0.500 0.250 4000

XAU/XAG 71.31 70.25 70.50 70.89 71.15 71.54 71.79 72.19 71.99 72.38 73.32 74.92 70.33 38.0 41.6 74.67 70.11 1.35 0.67 86

XAU/EUR 1078.60 1065.28 1070.83 1077.94 1083.49 1090.60 1096.15 1103.26 1080.16 1110.79 1039.30 1167.85 1069.02 43.3 48.6 1161.01 1061.74 20.56 10.28 86

XAG/EUR 15.124 14.937 15.038 15.126 15.227 15.316 15.417 15.505 15.001 15.352 14.191 16.524 14.651 51.7 53.5 16.273 14.441 0.427 0.214 4100

Technical levels

Technical levelsForex (commodities)

Forex (majors) SMA Breakout

Breakout

Bollinger

BollingerSMA RSI

RSI


3

ATR Stop Trade size


EUR/NOK 8.5794 8.4904 8.5379 8.5666 8.6141 8.6428 8.6903 8.7190 8.6410 8.7113 8.8983 8.9303 8.5368 35.5 37.9 8.8807 8.5280 0.1191 0.0596 127000

EUR/SEK 9.5437 9.4447 9.4892 9.5245 9.5690 9.6043 9.6488 9.6841 9.5396 9.4387 9.4406 9.6867 9.2661 57.7 56.5 9.6094 9.2676 0.0989 0.0495 170000

EUR/DKK 7.4445 7.4410 7.4422 7.4435 7.4447 7.4460 7.4472 7.4485 7.4440 7.4426 7.4413 7.4519 7.4301 55.1 54.1 7.4496 7.4365 0.0053 0.0026 2490000

NOK/SEK 1.1124 1.1008 1.1038 1.1080 1.1110 1.1152 1.1182 1.1224 1.1040 1.0837 1.0614 1.1156 1.0539 75.3 70.1 1.1193 1.0498 0.0141 0.0070 1193000

NOK/DKK 0.8677 0.8535 0.8564 0.8613 0.8642 0.8691 0.8720 0.8769 0.8615 0.8544 0.8367 0.8719 0.8326 64.8 62.3 0.8726 0.8376 0.0114 0.0057 1147000

SEK/DKK 0.7800 0.7691 0.7718 0.7754 0.7781 0.7817 0.7844 0.7879 0.7803 0.7886 0.7883 0.8035 0.7685 42.5 43.7 0.8031 0.7743 0.0081 0.0041 1614000

USD/NOK 7.5605 7.4611 7.4984 7.5340 7.5713 7.6069 7.6442 7.6798 7.6052 7.6566 7.5174 7.8621 7.4631 43.2 47.1 7.8443 7.4722 0.1224 0.0612 123000

USD/SEK 8.4097 8.3228 8.3514 8.3848 8.4134 8.4468 8.4754 8.5088 8.3972 8.2956 7.9798 8.5551 8.0840 62.7 64.3 8.4659 8.1414 0.1090 0.0545 154000

AUD/NOK 5.8874 5.8068 5.8345 5.8588 5.8864 5.9107 5.9384 5.9626 5.8979 6.0238 6.0648 6.3201 5.8061 35.6 38.1 6.2701 5.7541 0.1003 0.0502 151000

AUD/SEK 6.5484 6.4747 6.4958 6.5199 6.5410 6.5651 6.5862 6.6103 6.5122 6.5257 6.4351 6.7311 6.3285 56.4 54.7 6.6661 6.3688 0.0912 0.0456 184000

NZD/NOK 5.6794 5.5954 5.6178 5.6480 5.6704 5.7006 5.7230 5.7532 5.6512 5.6876 5.7372 5.9868 5.4591 51.0 48.4 5.8445 5.5065 0.0958 0.0479 158000

NZD/SEK 6.3168 6.2075 6.2328 6.2743 6.2996 6.3411 6.3664 6.4079 6.2403 6.1627 6.0877 6.3386 5.9505 70.9 64.9 6.3245 5.9843 0.0887 0.0443 190000

CAD/NOK 6.0755 5.9852 6.0167 6.0444 6.0759 6.1036 6.1351 6.1628 6.0705 6.1474 6.2856 6.4193 5.9898 41.6 40.9 6.3131 5.9578 0.0957 0.0478 158000

CAD/SEK 6.7574 6.6570 6.6875 6.7207 6.7512 6.7844 6.8149 6.8481 6.7020 6.6606 6.6688 6.8331 6.4515 60.7 57.1 6.7890 6.5170 0.0956 0.0478 176000

CHF/NOK 8.0913 8.0234 8.0573 8.0903 8.1242 8.1572 8.1911 8.2241 8.1789 8.4166 7.9085 8.9448 8.1116 38.7 46.0 8.9141 7.8941 0.1831 0.0916 83000

CHF/SEK 9.0009 8.9459 8.9724 9.0036 9.0301 9.0613 9.0878 9.1190 9.0286 9.1178 8.3995 9.5692 8.8191 51.4 55.8 9.4803 8.7421 0.1727 0.0863 97000

NOK/JPY 15.68 15.46 15.53 15.59 15.66 15.72 15.79 15.86 15.68 15.45 15.82 15.86 14.95 57.0 53.1 15.90 15.01 0.27 0.14 866000

SEK/JPY 14.10 13.93 13.99 14.03 14.09 14.13 14.19 14.24 14.20 14.26 14.92 14.60 13.98 39.4 38.7 14.50 14.00 0.21 0.10 1136000

GBP/NOK 11.6131 11.4530 11.5207 11.5780 11.6457 11.7030 11.7707 11.8280 11.6594 11.6225 11.5474 11.8946 11.3747 49.0 50.5 11.8574 11.3975 0.1796 0.0898 84000

GBP/SEK 12.9178 12.7678 12.8280 12.8809 12.9411 12.9940 13.0542 13.1071 12.8693 12.5928 12.2554 13.0673 12.2380 70.3 69.5 12.9941 12.2214 0.1540 0.0770 109000

NOK/PLN 0.4874 0.4787 0.4805 0.4833 0.4851 0.4879 0.4897 0.4925 0.4846 0.4838 0.4764 0.4949 0.4744 57.5 55.8 0.4909 0.4761 0.0075 0.0037 986000

SEK/PLN 0.4381 0.4311 0.4329 0.4349 0.4367 0.4387 0.4405 0.4425 0.4390 0.4465 0.4489 0.4619 0.4325 41.4 41.7 0.4601 0.4318 0.0056 0.0028 1305000

NOK/HUF 35.78 35.04 35.21 35.46 35.63 35.88 36.05 36.30 35.58 35.62 35.13 36.65 34.91 54.8 53.8 36.06 35.12 0.52 0.26 1041000

SEK/HUF 32.17 31.57 31.73 31.92 32.07 32.27 32.42 32.62 32.23 32.88 33.11 34.18 31.71 39.5 40.1 33.88 31.79 0.42 0.21 1273000

NOK/CZK 3.221 3.168 3.179 3.198 3.210 3.229 3.241 3.260 3.199 3.187 3.119 3.242 3.129 61.7 59.9 3.242 3.134 0.042 0.021 1154000

SEK/CZK 2.896 2.853 2.864 2.879 2.890 2.906 2.916 2.932 2.898 2.942 2.939 3.008 2.857 38.8 40.7 3.006 2.875 0.031 0.016 1569000

Technical levelsForex (scandies) RSI BollingerSMA Breakout


4

ATR Stop Trade size


EUR/PLN 4.1811 4.1595 4.1667 4.1720 4.1792 4.1845 4.1917 4.1970 4.1881 4.2142 4.2384 4.3357 4.1548 43.4 43.1 4.2985 4.1184 0.0317 0.0158 233000

EUR/HUF 306.98 c 304.08 304.77 305.88 306.57 307.68 308.37 309.48 307.40 310.32 312.57 320.44 305.55 38.5 39.5 315.52 304.18 2.73 1.36 198000

EUR/CZK 27.637 27.541 27.571 27.612 27.642 27.683 27.713 27.754 27.641 27.759 27.742 27.996 27.596 39.6 42.6 27.935 27.565 0.134 0.067 362000

EUR/RON 4.4463 4.4298 4.4341 4.4397 4.4440 4.4496 4.4539 4.4595 4.4420 4.4501 4.4648 4.5163 4.3927 52.3 48.1 4.5096 4.3854 0.0176 0.0088 445000

PLN/HUF 73.42 72.62 72.81 73.14 73.33 73.66 73.85 74.18 73.39 73.63 73.74 74.69 72.95 43.4 45.4 74.28 72.97 0.57 0.28 952000

CZK/PLN 0.1513 0.1498 0.1503 0.1507 0.1512 0.1516 0.1521 0.1525 0.1515 0.1518 0.1528 0.1557 0.1494 48.0 46.9 0.1543 0.1490 0.0014 0.0007 5347000

CZK/HUF 11.1082 10.9826 11.0127 11.0574 11.0875 11.1322 11.1623 11.2070 11.1226 11.1788 11.2667 11.4876 11.0173 43.8 43.8 11.3132 11.0182 0.1079 0.0539 5011000

USD/PLN 3.6844 3.6172 3.6352 3.6574 3.6754 3.6976 3.7156 3.7378 3.6865 3.7039 3.5822 3.7980 3.6183 50.5 52.7 3.7783 3.6268 0.0506 0.0253 146000

USD/HUF 270.51 264.96 266.45 268.39 269.88 271.82 273.31 275.25 270.59 272.74 264.19 279.56 266.20 48.2 50.8 278.20 267.01 3.97 1.98 136000

USD/CZK 24.3525 23.9444 24.0570 24.2029 24.3155 24.4614 24.5740 24.7199 24.3287 24.3980 23.4510 25.0164 23.9412 52.8 56.8 24.7763 24.0520 0.2828 0.1414 172000

USD/RON 3.9175 3.8530 3.8701 3.8921 3.9092 3.9312 3.9483 3.9703 3.9106 3.9105 3.7726 4.0403 3.8206 56.0 57.5 3.9867 3.8373 0.0467 0.0234 168000

ATR Stop Trade size


EUR/TRY 2.7858 2.7434 2.7619 2.7760 2.7945 2.8086 2.8271 2.8412 2.8131 2.7494 2.7792 2.8430 2.6065 53.0 53.8 2.8747 2.6279 0.0393 0.0197 125000

USD/TRY 2.4542 2.4284 2.4371 2.4467 2.4554 2.4650 2.4737 2.4833 2.4754 2.4159 2.3472 2.5149 2.3164 56.6 59.9 2.5292 2.3105 0.0339 0.0170 145000

EUR/ZAR 13.2311 13.0384 13.1156 13.1705 13.2477 13.3026 13.3798 13.4347 13.3005 13.1458 13.6843 13.5548 12.6710 50.3 46.9 13.4709 12.7845 0.1889 0.0944 123000

USD/ZAR 11.6591 11.5634 11.5898 11.6190 11.6454 11.6746 11.7010 11.7302 11.7069 11.5535 11.5516 11.8926 11.2575 54.5 54.0 11.8047 11.2940 0.1532 0.0766 152000

EUR/MXN 16.9025 16.7458 16.8221 16.8859 16.9622 17.0260 17.1023 17.1661 16.9840 16.8320 17.3937 17.1706 16.2983 48.0 46.2 17.2129 16.4373 0.2122 0.1061 140000

USD/MXN 14.8943 14.7908 14.8215 14.8733 14.9040 14.9558 14.9865 15.0383 14.9510 14.7946 14.6872 15.1560 14.5494 53.2 54.4 15.0715 14.5350 0.1737 0.0869 171000

TRY/ZAR 4.7494 4.6984 4.7143 4.7281 4.7440 4.7578 4.7737 4.7875 4.7281 4.7829 4.9231 4.9921 4.6129 47.1 42.0 4.9611 4.5854 0.0556 0.0278 419000

USD/RUB 62.6840 58.6522 60.2519 61.7262 63.3259 64.8002 66.3999 67.8742 64.5333 66.1301 61.6405 71.8030 62.9941 34.9 43.9 69.8751 62.5101 2.8951 1.4475 43000

EUR/RUB 71.126 68.412 69.632 70.692 71.912 72.972 74.192 75.252 73.275 75.193 72.877 81.594 70.520 32.6 41.3 79.154 71.234 3.194 1.597 39000

USD/CNH 6.2799 6.2225 6.2339 6.2498 6.2612 6.2771 6.2885 6.3044 6.2503 6.2484 6.2206 6.2899 6.2104 67.5 64.1 6.2817 6.2175 0.0184 0.0092 682000

USD/CNY 6.2548 6.2181 6.2247 6.2370 6.2436 6.2559 6.2625 6.2748 6.2439 6.2409 6.2143 6.2604 6.2060 62.4 61.4 6.2705 6.2132 0.0120 0.0060 1043000

USD/HKD 7.7579 7.7521 7.7535 7.7564 7.7578 7.7607 7.7621 7.7650 7.7553 7.7531 7.7540 7.7561 7.7504 68.8 63.5 7.7567 7.7496 0.0024 0.0012 6499000

USD/SGD 1.3569 c 1.3508 1.3524 1.3546 1.3562 1.3584 1.3600 1.3622 1.3569 1.3484 1.3323 1.3639 1.3250 61.7 62.3 1.3637 1.3347 0.0069 0.0035 391000

USD/BRL 2.8347 c 2.7717 2.7936 2.8141 2.8360 2.8565 2.8784 2.8989 2.8387 2.6998 2.6721 2.8819 2.5493 69.1 66.6 2.9098 2.4948 0.0448 0.0224 127000

SGD/JPY 87.38 86.66 86.94 87.13 87.41 87.60 87.88 88.07 87.88 87.73 89.20 88.89 86.10 44.1 44.2 88.87 86.54 0.82 0.41 288000

Technical levels

Technical levels

Forex (CE3)

Forex (emerging markets) RSI BollingerSMA Breakout

SMA Breakout RSI Bollinger


5

ATR Stop Trade size

Instrument Last Sup 3 Sup 2 Sup 1 Pivot Res 1 Res 2 Res 3 5d 21d 55d High (20d) Low (20d) 9d 14d High (20d) Low (20d) 14d Dist. Units (CFD)

WTI Crude (MAR) 53.17 49.00 50.01 51.40 52.41 53.80 54.81 56.20 51.13 48.84 53.05 54.24 43.58 60.1 55.3 54.58 43.07 2.95 1.47 680

Brent Crude (APR) 61.92 58.69 59.70 60.55 61.56 62.41 63.42 64.27 59.12 54.47 58.09 61.77 48.79 67.6 61.9 63.37 46.01 2.78 1.39 720

Gasoline (MAR) 163.20 156.44 158.09 160.36 162.01 164.28 165.93 168.20 158.87 147.77 152.21 163.67 132.00 68.4 62.3 168.61 127.80 6.45 3.23 31000

Gas oil (APR) 579.50 561.00 567.25 573.50 579.75 586.00 592.25 598.50 561.80 514.26 537.95 581.75 468.00 76.4 69.4 594.59 437.83 22.08 11.04 91

Heating oil (MAR) 198.90 186.13 188.76 192.95 195.58 199.77 202.40 206.59 190.07 174.46 180.93 198.21 158.07 74.2 67.3 200.48 149.52 7.08 3.54 28000

Natural gas (MAR) 2.837 2.548 2.602 2.703 2.757 2.858 2.912 3.013 2.759 2.778 3.091 3.178 2.567 55.1 49.2 2.984 2.540 0.160 0.080 13000

Gold (APR) 1224.8 1209.0 1215.8 1221.4 1228.2 1233.8 1240.6 1246.2 1225.3 1263.1 1228.9 1308.8 1216.5 37.3 42.8 1317.6 1207.2 20.6 10.3 97

Silver (MAR) 17.20 16.35 16.59 16.94 17.19 17.54 17.78 18.13 17.00 17.46 16.78 18.51 16.55 51.3 51.4 18.55 16.34 0.56 0.28 3600

Platinum (APR) 1200.1 1179.8 1188.4 1197.9 1206.5 1216.0 1224.6 1234.1 1203.7 1239.6 1228.3 1290.3 1193.0 36.7 40.6 1294.0 1182.2 21.9 10.9 91

Palladium (MAR) 786.25 757.13 764.82 779.63 787.32 802.13 809.82 824.63 778.96 779.35 792.44 799.00 746.00 52.8 51.0 800.19 761.00 18.21 9.11 110

Copper (MAY) 260.60 253.78 256.52 258.58 261.32 263.38 266.12 268.18 258.14 255.46 271.56 264.05 242.00 56.2 49.7 265.42 244.89 6.63 3.31 30000

Soy bean (MAY) 1001.25 971.42 978.58 986.67 993.83 1001.92 1009.08 1017.17 986.25 983.36 1018.35 1005.00 961.75 58.9 52.5 998.59 966.71 16.99 8.50 12000

Wheat (MAY) 533.25 509.25 513.75 521.50 526.00 533.75 538.25 546.00 524.85 523.86 569.55 547.25 496.50 54.9 48.2 545.09 501.53 13.75 6.87 15000

Milling wheat (MAY) 190.00 c 186.92 187.83 188.92 189.83 190.92 191.83 192.92 187.85 190.94 194.18 199.75 184.25 51.0 48.1 199.49 181.86 2.92 1.46 600

Corn (MAY) 396.25 385.58 387.92 391.58 393.92 397.58 399.92 403.58 394.30 391.36 401.48 400.00 373.75 54.9 51.6 403.85 378.57 8.07 4.03 25000

Cocoa (MAY) 2931 c 2857 2872 2902 2917 2947 2962 2992 2907 2805 2874 2964 2674 74.0 64.0 2971 2626 47 23 43

Coffee Arabica (MAY) 166.50 c 161.08 163.07 164.78 166.77 168.48 170.47 172.18 165.00 166.42 172.91 180.05 161.20 48.2 46.4 171.52 160.59 5.27 2.63 38000

Coffee Robusta (MAY) 2066 c 2002 2016 2041 2055 2080 2094 2119 2013 1982 1981 2042 1935 75.9 67.4 2044 1919 31 16 64

Sugar (MAY) 14.84 14.46 14.56 14.70 14.80 14.94 15.04 15.18 14.78 15.13 15.20 16.27 14.37 46.7 45.4 16.18 14.05 0.34 0.17 591000

Cotton (MAY) 63.19 62.23 62.51 62.92 63.20 63.61 63.89 64.30 62.90 60.87 61.00 63.49 57.95 67.4 63.1 64.20 57.62 1.00 0.50 201000

Live cattle (APR) 153.23 149.32 150.46 151.84 152.98 154.37 155.51 156.89 152.49 151.13 157.34 154.55 146.65 54.3 49.4 154.46 147.62 2.85 1.42 70000

Lean hogs (APR) 66.03 61.43 62.68 64.35 65.60 67.28 68.53 70.20 65.39 70.21 78.27 78.60 63.68 36.4 34.2 76.77 62.90 2.37 1.19 84000

ATR Stop Trade size

Instrument Last Sup 3 Sup 2 Sup 1 Pivot Res 1 Res 2 Res 3 5d 21d 55d High (20d) Low (20d) 9d 14d High (20d) Low (20d) 14d Dist. Nominal

UST 10Y (MAR) 128.34 127.57 127.81 128.02 128.26 128.47 128.71 128.93 128.32 129.45 128.12 131.17 127.86 35.7 43.0 131.14 127.72 0.80 0.40 249000

UST 15Y (MAR) 146.00 143.82 144.68 145.29 146.15 146.76 147.61 148.23 146.48 148.81 146.49 151.88 145.53 29.1 38.6 152.04 145.50 1.60 0.80 125000

Euro-bund 10Y (MAR) 158.93 c 158.08 158.42 158.68 159.02 159.28 159.62 159.88 158.82 158.52 156.48 159.54 156.00 59.1 61.6 159.74 157.38 0.68 0.34 259000

Euro-bund 5Y (MAR) 131.05 c 130.82 130.90 130.98 131.06 131.14 131.22 131.30 131.01 130.76 130.21 131.11 130.07 71.2 70.2 131.22 130.30 0.18 0.09 1002000

Euro-BTP 10Y (MAR) 137.92 c 136.51 136.94 137.43 137.86 138.35 138.78 139.27 137.79 138.16 136.21 140.17 136.49 50.3 54.3 139.42 136.98 0.98 0.49 180000

Gilt 10Y (MAR) 120.30 c 119.64 119.85 120.08 120.29 120.52 120.73 120.96 120.52 121.85 120.22 124.04 119.72 32.7 40.9 123.88 119.82 0.78 0.39 167000

Commodity futures Bollinger

BollingerBond futures

Technical levels

Technical levels

RSISMA Breakout

BreakoutSMA RSI


6

ATR Stop Trade size


S&P 500 mini (MAR) 2083.75 2071.50 2076.50 2085.00 2090.00 2098.50 2103.50 2112.00 2079.80 2041.77 2042.06 2095.00 1970.25 62.3 58.9 2100.49 1985.93 28.99 14.49 69

Nasdaq 100 mini (MAR) 4372.00 4309.92 4325.33 4351.17 4366.58 4392.42 4407.83 4433.67 4334.25 4232.37 4228.45 4382.00 4041.50 70.6 64.4 4378.26 4096.32 66.51 33.25 30

Dow Jones mini (MAR) 17921 17831 17872 17927 17968 18023 18064 18119 17904 17597 17639 18009 16962 61.6 58.2 18113 17097 240 120 8

Russell 2000 mini (MAR) 1219.2 1210.4 1214.5 1217.8 1221.9 1225.2 1229.3 1232.6 1210.9 1190.5 1184.4 1222.4 1148.5 63.9 60.0 1225.9 1156.9 20.3 10.1 99

Euro STOXX 50 (MAR) 3437 c 3360 3380 3409 3429 3458 3478 3507 3412 3366 3223 3464 3194 65.3 63.9 3477 3270 69 34 26

DAX 30 (MAR) 10926.0 c 10732.5 10788.0 10857.0 10912.5 10981.5 11037.0 11106.0 10863.1 10705.9 10154.1 11016.5 10153.0 65.8 65.8 11120.3 10338.0 192.4 96.2 9

CAC 40 (FEB) 4720.0 4679.8 4700.2 4726.3 4746.7 4772.8 4793.2 4819.3 4724.6 4635.3 4396.2 4777.5 4365.5 61.6 63.1 4806.1 4488.8 82.7 41.3 21

FTSE 100 (MAR) 6790.0 6706.3 6742.2 6776.3 6812.2 6846.3 6882.2 6916.3 6791.1 6746.5 6587.3 6849.0 6487.0 57.6 58.6 6881.3 6634.1 87.8 43.9 15

IBEX 35 (FEB) 10692 c 10385 10487 10590 10692 10795 10897 11000 10572 10486 10341 10796 10030 59.8 57.8 10770 10237 233 116 8

FTSE MIB 40 (MAR) 21166 c 20879 20982 21074 21177 21269 21372 21464 20927 20569 19603 21285 19215 67.1 64.8 21347 19901 403 202 4

AEX (FEB) 460.4 454.0 456.8 459.8 462.6 465.6 468.4 471.4 459.7 451.7 432.0 465.4 430.7 63.7 64.2 465.9 439.3 7.3 3.6 240

BEL 20 (FEB) 3562.5 c 3562.8 3563.2 3562.8 3563.2 3562.8 3563.2 3562.8 3556.7 3521.0 3363.2 3588.0 3364.0 64.4 65.5 3618.7 3436.0 27.8 13.9 63

OMX S30 (FEB) 1644.00 c 1630.42 1633.33 1638.67 1641.58 1646.92 1649.83 1655.17 1620.90 1568.17 1497.25 1644.00 1466.50 78.9 75.1 1654.72 1490.83 21.06 10.53 800

OBX 25 (FEB) 565.16 c 559.91 561.25 563.21 564.55 566.51 567.85 569.81 558.73 551.57 531.74 596.00 528.80 63.7 62.3 568.93 535.30 12.10 6.05 1200

SMI 20 (MAR) 8623 c 8461 8502 8563 8604 8665 8706 8767 8537 8319 8691 8586 7754 64.0 56.3 8748 7917 160 80 12

Nikkei 225 (MAR) 18000 17823 17897 17943 18017 18063 18137 18183 17820 17582 17466 18000 16690 64.8 60.4 18017 17202 307 153 770

Hang Seng (FEB) 24810 24613 24659 24707 24753 24801 24847 24895 24556 24554 23953 25174 23604 61.8 59.6 25039 24146 316 158 49

ASX SPI 200 (MAR) 5820 5694 5739 5780 5825 5866 5911 5952 5768 5582 5419 5841 5227 80.7 75.6 5932 5263 81 41 32

Technical levels BollingerEquity index futures SMA Breakout RSI


7

ATR Stop Trade size


Apple 127.08 c 124.43 125.04 126.06 126.67 127.69 128.30 129.32 125.50 117.16 113.12 127.48 104.79 79.8 73.2 129.35 106.13 2.56 1.28 780

Amazon 381.83 c 372.24 374.62 378.23 380.61 384.22 386.60 390.21 377.79 342.25 318.67 383.00 285.25 84.7 79.7 411.35 278.30 9.21 4.61 220

Bank of America 16.61 c 16.25 16.40 16.50 16.65 16.75 16.90 17.00 16.53 15.89 16.74 16.79 14.97 61.6 55.7 16.91 14.93 0.37 0.19 5400

Barclays 258.80 c 250.90 252.60 255.70 257.40 260.50 262.20 265.30 254.56 244.82 240.04 260.25 223.05 73.5 67.9 261.39 229.73 6.06 3.03 210

Banco Espirito 0.120 c -0.038 0.031 0.076 0.145 0.190 0.259 0.304 0.120 0.120 0.120 0.215 0.101 #N/A N/A #N/A N/A 0.120 0.120 0.114 0.057 15000

BMW 105.90 102.03 103.67 104.72 106.36 107.41 109.05 110.10 105.89 102.94 94.63 108.35 93.35 58.9 61.5 110.64 96.18 2.67 1.34 660

BNP Paribas 49.18 c 47.33 47.81 48.49 48.97 49.65 50.13 50.81 47.41 47.74 48.12 51.18 45.31 62.6 57.5 49.99 45.59 1.54 0.77 1100

BP 451.90 c 441.30 445.60 448.75 453.05 456.20 460.50 463.65 445.88 432.73 412.41 456.28 401.25 62.0 61.1 459.51 408.94 12.19 6.10 110

Citigroup 51.20 c 50.17 50.49 50.85 51.17 51.52 51.84 52.20 50.47 48.75 51.43 51.49 46.59 69.0 59.2 51.29 46.33 1.05 0.53 1900

Caterpillar 85.13 c 82.82 83.42 84.28 84.88 85.74 86.34 87.20 84.22 83.37 87.96 87.36 78.81 56.9 50.5 87.63 79.06 1.85 0.92 1100

Commerzbank 11.439 10.743 11.063 11.251 11.571 11.759 12.079 12.267 11.394 11.132 11.142 11.939 10.465 60.0 57.0 11.669 10.630 0.369 0.184 4800

Facebook 75.74 c 74.35 74.93 75.33 75.91 76.31 76.89 77.29 75.88 76.05 76.95 78.47 73.45 48.4 47.8 78.11 74.07 1.52 0.76 1300

Societe Generale 38.620 c 37.567 37.923 38.272 38.628 38.977 39.333 39.682 37.357 36.929 35.918 39.080 34.105 68.2 63.3 38.659 35.405 1.238 0.619 1400

Google 549.01 c 538.01 540.57 544.79 547.35 551.57 554.13 558.35 542.77 528.43 521.82 549.91 500.00 69.4 63.8 553.03 505.87 10.09 5.04 200

Goldman Sachs 189.00 c 184.79 186.57 187.78 189.56 190.77 192.55 193.76 188.00 180.56 186.58 191.33 172.26 65.9 59.5 191.04 170.42 3.55 1.78 560

Inditex 26.40 c 25.96 26.14 26.27 26.44 26.57 26.75 26.88 26.33 26.21 24.51 27.13 24.55 55.8 57.8 27.02 25.55 0.59 0.29 3000

JP Morgan 59.67 c 58.39 58.86 59.27 59.74 60.15 60.62 61.03 59.15 56.97 59.11 60.22 54.27 67.7 59.5 60.08 53.96 1.19 0.60 1700

Netflix 466.10 c 452.12 455.04 460.57 463.49 469.02 471.94 477.47 459.55 436.71 374.70 466.41 324.67 78.0 75.2 490.96 392.40 12.15 6.08 160

Rio Tinto 3163.50 c 3081.00 3103.50 3133.50 3156.00 3186.00 3208.50 3238.50 3063.70 2980.67 2922.47 3162.00 2795.00 67.1 63.4 3169.90 2803.90 91.76 45.88 14

Banco Santander 6.281 c 6.158 6.209 6.245 6.296 6.332 6.383 6.419 6.151 6.105 6.467 6.335 5.772 58.2 52.2 6.320 5.896 0.184 0.092 9600

Vodafone 230.00 c 225.90 227.60 228.80 230.50 231.70 233.40 234.60 230.91 233.99 227.56 245.90 227.50 43.8 48.0 241.32 227.12 4.39 2.19 300

Volkswagen 211.45 207.13 209.17 210.38 212.42 213.63 215.67 216.88 211.52 204.91 191.71 216.30 190.75 62.0 63.8 217.89 193.16 5.02 2.51 350

Technical levels BollingerEquities (majors) SMA Breakout RSI


8

ATR Stop Trade size


Telecom Argentina 21.07 c 19.80 20.16 20.61 20.97 21.42 21.78 22.23 20.67 20.08 20.08 21.32 18.70 73.5 65.3 21.31 18.90 0.64 0.32 3100

KBC Group 51.68 c 50.49 50.84 51.26 51.61 52.03 52.38 52.80 50.40 48.78 46.88 51.67 45.95 76.7 71.1 51.12 46.62 1.15 0.58 1500

Petroleo Brasileiro 6.98 c 6.60 6.70 6.84 6.94 7.08 7.18 7.32 6.59 6.86 7.12 7.75 5.87 54.4 50.9 7.76 5.94 0.48 0.24 4200

Vale 8.05 c 7.72 7.80 7.92 8.00 8.12 8.20 8.32 7.71 7.72 7.90 8.83 6.69 58.3 54.0 8.63 6.74 0.38 0.19 5300

Itau Unibanco Holding 12.630 c 11.870 12.050 12.340 12.520 12.810 12.990 13.280 12.216 12.483 12.644 13.307 11.495 50.7 48.8 13.258 11.668 0.460 0.230 4300

Banco Bradesco 12.90 c 12.45 12.57 12.73 12.85 13.01 13.13 13.29 12.59 13.12 13.14 14.14 11.82 48.9 47.7 14.10 12.08 0.50 0.25 4000

Banco de Chile 69.82 c 66.66 67.43 68.62 69.39 70.58 71.35 72.54 68.97 68.11 68.55 70.27 65.52 62.2 57.5 70.19 66.20 1.37 0.69 1500

Quimica y Minera 25.62 c 24.01 24.36 24.99 25.35 25.98 26.33 26.96 25.04 24.40 23.84 25.71 22.56 70.9 64.7 25.64 23.31 0.66 0.33 3000

Bancolombia 44.89 c 43.72 44.19 44.54 45.01 45.36 45.83 46.18 45.22 46.59 46.93 48.56 44.39 32.5 36.9 48.64 44.61 1.12 0.56 1800

Nokia 7.05 c 6.91 6.95 7.00 7.04 7.09 7.13 7.18 6.99 6.89 6.67 7.23 6.49 62.7 60.0 7.21 6.60 0.17 0.08 11000

Peugeot 13.750 c 13.307 13.513 13.632 13.838 13.957 14.163 14.282 13.606 12.833 11.255 14.050 11.200 73.1 73.8 14.207 11.605 0.399 0.199 4400

Credit Agricole 11.92 c 11.67 11.75 11.83 11.91 11.99 12.07 12.15 11.41 11.04 10.80 12.00 10.33 72.7 67.3 11.78 10.33 0.36 0.18 4900

OTP Bank 4325.0 c 4233.3 4261.7 4293.3 4321.7 4353.3 4381.7 4413.3 4335.8 3917.5 3851.3 4438.0 3562.0 74.0 70.2 4442.0 3426.7 127.4 63.7 4200

MOL Hungarian Oil & Gas 11725 c 11525 11625 11675 11775 11825 11925 11975 11839 11442 11494 11945 10605 55.7 55.3 12123 10835 237 119 2300

Unicredit 5.55 c 5.29 5.37 5.46 5.54 5.63 5.71 5.80 5.44 5.47 5.41 5.86 5.14 56.9 54.6 5.73 5.22 0.20 0.10 8700

Eni 15.69 c 15.33 15.46 15.58 15.71 15.83 15.96 16.08 15.50 15.21 14.72 15.84 14.20 60.4 58.6 15.98 14.52 0.43 0.21 4100

Fiat Industrial 6.94 c 6.51 6.67 6.81 6.97 7.10 7.26 7.40 6.94 6.94 6.94 7.13 6.83 23.1 31.1 6.94 6.94 0.29 0.15 6000

Tenaris 30.74 c 29.70 30.12 30.43 30.85 31.16 31.58 31.89 30.33 29.31 29.46 31.41 27.17 59.1 56.2 31.63 27.15 1.03 0.51 1900

ArcerlorMittal 9.84 c 9.43 9.52 9.68 9.78 9.94 10.03 10.19 9.23 8.75 8.92 9.60 8.12 74.3 67.5 9.54 8.00 0.35 0.17 5100

America Movil 21.97 c 21.44 21.55 21.76 21.87 22.08 22.19 22.40 21.53 22.14 22.04 23.67 20.36 52.1 49.8 23.65 20.57 0.52 0.26 3900

Grupo Financiero Santander Mexico 11.00 c 10.49 10.61 10.81 10.93 11.13 11.25 11.45 10.82 10.77 10.29 11.83 9.51 55.9 55.9 11.65 10.01 0.35 0.18 5700

Grupo Televisa 34.83 c 33.94 34.28 34.55 34.89 35.16 35.50 35.77 34.27 33.54 33.68 35.22 31.60 62.7 58.9 35.04 32.17 0.82 0.41 2400

KGHM Polska Miedz 117.30 c 111.85 113.00 115.15 116.30 118.45 119.60 121.75 114.10 109.18 109.93 114.90 101.50 73.0 64.9 117.53 101.37 2.90 1.45 2500

PKO Bank Polski 33.30 c 32.42 32.64 32.97 33.19 33.52 33.74 34.07 32.80 33.27 34.97 34.67 31.75 48.3 45.3 34.64 31.92 0.83 0.41 8900

Galp Energia 10.43 c 10.08 10.20 10.31 10.43 10.54 10.66 10.77 10.10 9.71 9.05 10.75 8.68 66.2 63.8 10.66 8.86 0.40 0.20 4400

Portugal Telecom 0.73 c 0.70 0.71 0.72 0.73 0.74 0.75 0.76 0.71 0.71 0.88 0.98 0.57 53.0 47.1 0.83 0.59 0.06 0.03 28000

Banco Commercial Portugues 0.074 c 0.069 0.071 0.072 0.074 0.075 0.077 0.079 0.069 0.067 0.071 0.074 0.058 69.3 61.3 0.075 0.060 0.003 0.002 507000

Gazprom 5.12 c 4.93 5.01 5.07 5.14 5.20 5.28 5.33 4.83 4.55 4.68 5.19 3.93 71.5 63.4 5.12 3.96 0.23 0.11 8700

VTB Bank OJSC 2.14 c 2.05 2.09 2.12 2.16 2.19 2.23 2.26 2.11 2.01 2.03 2.21 1.81 60.0 57.0 2.17 1.84 0.11 0.06 18000

Sberbank of Russia 4.61 c 4.41 4.50 4.55 4.64 4.70 4.79 4.84 4.36 4.11 4.29 4.64 3.63 69.3 60.4 4.61 3.62 0.26 0.13 7800

Rosneft Oil Company 4.47 c 4.13 4.27 4.37 4.51 4.61 4.75 4.85 4.23 3.76 3.67 4.63 3.21 73.6 67.6 4.46 3.08 0.24 0.12 8200

Telefonica 13.15 c 12.99 13.06 13.10 13.17 13.21 13.28 13.32 13.10 13.04 12.50 13.42 12.08 56.8 57.8 13.60 12.57 0.27 0.14 6500

BBVA 8.44 c 8.15 8.28 8.36 8.49 8.57 8.70 8.78 8.27 7.97 7.92 8.56 7.39 67.8 63.5 8.49 7.49 0.24 0.12 7200

Repsol 16.870 c 16.573 16.677 16.773 16.877 16.973 17.077 17.173 16.532 16.193 15.914 16.980 15.080 65.2 61.4 17.029 15.449 0.458 0.229 3800

Technical levels Breakout RSI BollingerEquities (regional) SMA


9

Instrument CFD Futures First notice Instrument CFD Futures First notice

Bond futures

WTI Crude (MAR) OILUS CL Feb-24 UST 10Y (MAR) TY Feb-27

Brent Crude (APR) OILUK LCO Mar-16 UST 15Y (MAR) US Feb-27

Gasoline (MAR) GASOLINEUS RB Mar-03 Euro-bund 10Y (MAR) BUND FGBL Mar-06

Gas oil (APR) GASOILUK FP Apr-10 Euro-bund 5Y (MAR) BOBL FGBM Mar-06

Heating oil (MAR) HEATINGOIL HO Mar-03 Euro-BTP 10Y (MAR) 10YBTP FBTP Mar-06

Natural gas (MAR) NATGASUS NG Feb-26 Gilt 10Y (MAR) FLG Feb-26

Gold (APR) GOLD GC Mar-31

Silver (MAR) SILVER SI Feb-27

Platinum (APR) PLATINUM PL Mar-31 S&P 500 mini (MAR) SP500.I ES Mar-20

Palladium (MAR) PALLADIUM PA Feb-27 Nasdaq 100 mini (MAR) NAS100.I NQ Mar-20

Copper (MAY) COPPERUS HG Apr-30 Dow Jones mini (MAR) DJI.I YM Mar-20

Soy bean (MAY) SOYBEANS ZS Apr-30 Russell 2000 mini (MAR) RUSSELL2000 TF Mar-20

Wheat (MAY) WHEAT ZW Apr-30 Euro STOXX 50 (MAR) STOXX50E.I FESX Mar-20

Milling wheat (MAY) CORN ZC May-11 DAX 30 (MAR) DAX.I FDX Mar-20

Corn (MAY) EBM Apr-30 CAC 40 (FEB) CAC40.I FCE Feb-20

Cocoa (MAY) COCOANY CC Apr-17 FTSE 100 (MAR) FTSE100.I FFI Mar-20

Coffee Arabica (MAY) COFFEENY KC Apr-22 IBEX 35 (FEB) IBEX35.I MFXI Feb-20

Coffee Robusta (MAY) RC May-01 FTSE MIB 40 (MAR) SPMIB.I SPMIB Mar-20

Sugar (MAY) SUGARNY SB May-01 AEX (FEB) AEX.I AEX Feb-20

Cotton (MAY) CT Apr-24 BEL 20 (FEB) BLG20.I Feb-20

Live cattle (APR) LIVECATTLE LE Apr-06 OMX S30 (FEB) SWE30.I OMX Feb-20

Lean hogs (APR) LH Apr-15 OBX 25 (FEB) NOR25.I OBX Feb-19

SMI 20 (MAR) SMI.I FSMI Mar-20

Nikkei 225 (MAR) NI225.I SSI Mar-12

Hang Seng (FEB) HSI.I HSI Feb-26

Instrument Instrument

Equities (majors) Equities (regional)

BCH:xnys

SQM:xnys

CIB:xnys

NOK1V:xhel

UG:xpar

ACA:xpar

OTP:xbud

MOL:xbud

CRDI:xmil

ENI:xmil

F:xmil

TS:xnys

MT:xams

AMX:xnys

BSMX:xnys

TV:xnys

KGH:xwar

PKO:xwar

GALP:xlis

PTC:xlis

BCP:xlis

OGZD:xlon

VTBR:xlon

SBER:xlon

ROSN:xlon

TEF:xmce

BBVA:xmce

REP:xmce

Commodity futures

Equity index futures

AMZN:xnas

BAC:xnys

BARC:xlon

BES:xlis

BMW:xetr

BNP:xpar

BP:xlon

C:xnys

CAT:xnys

CBK:xetr

FB:xnas

GLE:xpar

BBVA

Grupo Televisa

GS:xnys

ITX:xmce

JPM:xnys

NFLX:xnas

RIO:xlon

GOOG:xnas

SAN:xmce

VOD:xlon

VOW3:xetr

TEO:xnys

Repsol

Cash & CFD

AAPL:xnas

ArcerlorMittal

Gazprom

VTB Bank OJSC

Sberbank of Russia

Rosneft Oil Company

Telefonica

KGHM Polska Miedz

PKO Bank Polski

Galp Energia

Portugal Telecom

Banco Commercial Portugues

America Movil

Grupo Financiero Santander Mexico

BNP Paribas

BP

Citigroup

Caterpillar

Apple

Amazon

Bank of America

Barclays

Banco Espirito

Commerzbank

Facebook

Cash & CFD

Banco de Chile

Quimica y Minera

Bancolombia

Nokia

Peugeot

Credit Agricole

OTP Bank

MOL Hungarian Oil & Gas

Unicredit

Eni

Fiat Industrial

Tenaris

BMW

Goldman Sachs

Inditex

JP Morgan

Netflix

Rio Tinto

KBC:xbru

PBR:xnys

VALE:xnys

ITU:xnys

BBD:xnys

Societe Generale

Google

Vale

Itau Unibanco Holding

Banco Bradesco

Volkswagen

Telecom Argentina

KBC Group

Petroleo Brasileiro

Banco Santander

Vodafone

Guide to the tables

Relative Strength Index: Red may indicate

overbought levels, meaning an RSI above

70, but decreasing. Green may indicate

oversold levels, meaning an RSI below 30,

but increasing.

Latest traded price. A ‘c’

to the right indicates last

closing price.

A stop target is calculated as ½ ATR. If a long EURUSD position is

initiated at 1.3050 and the distance to stop is 0.0055 then the

stop should be set at 1.2995 (1.3050 – 0.0055)

A trade size is calculated such that the position size (measured in units, not

lots) generates a loss of USD 1,000 (approximately) if the stop target is

triggered at a distance of ½ ATR from entry. In the above EURUSD example a

position size of EUR 181,000 will trigger a USD 995.5 loss using ½ ATR.

Average True Range (ATR) is a measure of volatility. The ATR smooths

the true range using an Exponential Moving Average (EMA).

The true range is defined as:

TR = max [ H – L, abs(H – C), abs(C – L) ]

where C is the previous day’s closing price.

Bollinger Band (two standard deviations):

Green may indicate oversold levels. Red may

indicate overbought levels.

Pivot is the average of the high, low and closing price the previous trading

day: P = (H+L+C)/3.

Sup and Res 1 are the first support and resistance levels:

Sup 1 = 2 * P – H and Res 1 = 2 * P – L

Sup and Res 2 are the second support and resistance levels:

Sup 2 = P – (H – L) and Res 2 = P + (H – L)

Sup and Res 3 are the third support and resistance levels:

Sup 3 = L – 2 * (H – P) and Res 3 = H + 2 * (P – L)

Blue indicates that the current session’s price has traded through a level.

Simple Moving Average (SMA): Green

indicates that the latest price is above

the SMA. Red indicates the opposite.

Breakout is based on Donchian Channels.

Red indicates that the instrument closed

below the previous 20-day low. Green

indicates that the instrument closed

above the previous 20-day high.


10

http://www.investopedia.com/terms/r/rsi.asp

http://www.investopedia.com/terms/a/atr.asp

http://www.investopedia.com/terms/e/ema.asp

http://www.investopedia.com/terms/b/bollingerbands.asp

http://www.investopedia.com/terms/p/pivotpoint.asp

http://www.investopedia.com/terms/s/sma.asp

http://www.investopedia.com/terms/b/breakout.asp

http://www.investopedia.com/terms/d/donchianchannels.asp

Example: Technical levels


11

The daily pivot point and associated support and resistance levels are technical levels, which may indicate turning points in the

market. Therefore these levels can be used for placing entry, profit-taking and stop targets. If the market trades above (below) the

pivot point this may suggest a bullish (bearish) environment. The previous day’s high, low, and close are used to calculate the

present day’s technical levels.

Example: Bollinger bands


12

Bollinger bands can be used as a tool for both momentum and mean-reversion. A security may ‘hug’ the upper band on its way

higher. In the other hand, a break of either the upper or lower band can be used as a signal that the momentum in a security is

overextended and may result in reversion towards the mean.

From 3 January 2000 to 1 April 2012 EUR/USD has closed above the upper band 170 times and below the lower band 220 times,

which implies that out of 3456 trading days EUR/USD closed outside the band 11.3 percent of the time.

Example: Donchian channel


13

Donchian channel indicates a multi-period trading range (20-days in the example above), and if the price breaks through the multi-

period high or low this may confirm that a new trend is in place. The weakness in JPY against both EUR and USD from the summer

of 2012 and into 2013 is one such example.

Often trend following strategies admit a longer investment horizon and hence larger stops may be utilised to avoid being stopped

out due to short-term volatility inside the trend channel.

Example: Relative strength index


14

The relative strength index (RSI) is an oscillator, which ranges from 0 to 100. It is often used together with other technical

indicators as an indication that the security is overbought (above 70) or oversold (below 30). The overbought and oversold

thresholds can be set as desired. Typically a shorter-term RSI requires more extreme thresholds as it will fluctuate more.

Example: Simple moving average


15

The simple moving averages (SMA) and cross-overs thereof can be used as indicators of trend. The market has a tendency to hug the

5-day SMA so short-term mean reversion opportunities may arise if the market moves too far away. The 21-day and 55-day SMAs give

an indication of the longer-term direction of the market.


16

NON-INDEPENDENT INVESTMENT RESEARCH

This investment research has not been prepared in accordance with legal requirements designed to promote the independence of

investment research. Further it is not subject to any prohibition on dealing ahead of the dissemination of investment research. Saxo Bank,

its affiliates or staff, may perform services for, solicit business from, hold long or short positions in, or otherwise be interested in the

investments (including derivatives), of any issuer mentioned herein.

None of the information contained herein constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial

instrument, to make any investment, or to participate in any particular trading strategy. This material is produced for marketing and/or

informational purposes only and Saxo Bank A/S and its owners, subsidiaries and affiliates whether acting directly or through branch offices

(“Saxo Bank”) make no representation or warranty, and assume no liability, for the accuracy or completeness of the information provided

herein. In providing this material Saxo Bank has not taken into account any particular recipient’s investment objectives, special investment

goals, financial situation, and specific needs and demands and nothing herein is intended as a recommendation for any recipient to invest

or divest in a particular manner and Saxo Bank assumes no liability for any recipient sustaining a loss from trading in accordance with a

perceived recommendation. All investments entail a risk and may result in both profits and losses. In particular investments in leveraged

products, such as but not limited to foreign exchange, derivatives and commodities can be very speculative and profits and losses may

fluctuate both violently and rapidly. Speculative trading is not suitable for all investors and all recipients should carefully consider their

financial situation and consult financial advisor(s) in order to understand the risks involved and ensure the suitability of their situation prior

to making any investment, divestment or entering into any transaction. Any mentioning herein, if any, of any risk may not be, and should

not be considered to be, neither a comprehensive disclosure or risks nor a comprehensive description such risks. Any expression of opinion

may be personal to the author and may not reflect the opinion of Saxo Bank and all expressions of opinion are subject to change without

notice (neither prior nor subsequent).

Disclaimer

Documents

Saxo Trade Navigator trade navigator... · 2 Tuesday, 17 February 2015 ATR Stop Trade size Instrument Last Sup 3 Sup 2 Sup 1 Pivot Res 1 Res 2 Res 3 5d 21d 55d High (20d) Low (20d)