Pretty steady Movign Average(MA) !! MA 10, 20, 40, 80, 160, these uniform regular top & bottom range. Let me talk about Moving Average here, by the way.... In statistics, a moving average, also called rolling average, moving mean, rolling mean, sliding temporal average, or running average, is a type of FIR filter used to analyze a set of data points by creating a series of averages of different subsets of the full data set. Given a series of numbers and a fixed subset size, the first element of the moving average is obtained by taking the average of the initial fixed subset of the number series. Then the subset is modified by "shifting forward"; that is, excluding the first number of the series and including the next number following the original subset in the series. This creates a new subset of numbers, which is averaged. This process is repeated over the entire data series. The plot line connecting all the (fixed) averages is the moving average. A moving average is a set of numbers, each of which is the average of the corresponding subset of a larger set of datum points. A moving average may also use unequal weights for each datum value in the subset to emphasize particular values in the subset. A moving average is commonly used with time series data to smooth out short-term fluctuations and highlight longer-term trends or cycles. The threshold between short-term and long-term depends on the application, and the parameters of the moving average will be set accordingly. For example, it is often used in technical analysis of financial data, like stock prices, returns or trading volumes. It is also used in economics to examine gross domestic product, employment or other macroeconomic time series. Mathematically, a moving average is a type of convolution and so it can be viewed as an example of a low-pass filter used in signal processing. When used with non-time series data, a moving average filters higher frequency components without any specific connection to time, although typically some kind of ordering is implied. Viewed simplistically it can be regarded as smoothing the data. When the price repeats up & adjustment & up, MA(Moving Average) gets chaotic, which cause huge price movement. Right now MA is pretty stable, so Dow Jones & USD/JPY are stable as well. However, definitely MA chaos comes someday, pay attention to position of MA and the price. Dow Jones target 15830. USD/JPY target 106.55
Posted on: Mon, 22 Jul 2013 06:26:27 +0000
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