Selecting markets where there may be turning point or breakout opportunities.

 

 Type of Alert:

MarketWatch Alert

A MarketWatch Alert is triggered when the market is showing signs of a potential breakout or reversal which has not yet happened.

Breakout Alert

A Breakout Alert is triggered if the actual High Low Close price is significantly different to the intraday forecast range of the PDL model.

This may mean that the market may be changing or starting to behave in a different way with a possible breakout from its current trading range.

If the alert occurred with no apparent reason, then the price may be expected to revert back to its current trading range.

If the alert is supported with a reason (better than expected results, new contract order, new broker recommendation etc) then a breakout to a new trading range may be expected to develop.

TurningPoint Alert

A potential turning point is flagged if the market is close to a support, resistance or retracment level and is showing signs of a possible reversal.

The chart shows a historic price chart with support and resistance lines and  a forecast area for the next five days.

The TurningPoint Alert must always be confirmed by fundamental analysis and breaking economic news.

 

News Alert

An alert is generated based on  news

SignalSetup Alert:

Other setup alerts not covered by the above.

 

 

Forecast : Group & Rank: Select

Price Dynamics Ltd  uses machine learning techniques to forecast,classify and select opportunities in related time series.

Applicable  to markets such as:foreign exchange,precious & base metals, ETFs, stock market indices, sectors and individual mining and other equities.

Both univariate and multivariate process models have been developed, where the process is : Forecast: Group &Rank: Select

Univariate Time Series 

Forecast

This looks at the historical data of one time series alone and then makes three  forecasts of the zones the price is likely to to be in based on:
1) volatility 2) trend 3) cyclical behaviour as well as a signal.

Group & Rank

Related Markets (eg Mining Equities) are then classified into groups from the forecast zone behaviour and then ranked based on the price pattern similarity between the time series.

Select

Selection opportunities can then be made based on which group the market is in, recent signal change, support and resistance levels followed by confirmation from fundamentals and company information.

 

Multivariate Time Series

Using  a historical price series together with factors such as related markets, economic data and investment behaviour.

Forecast

Forecast Zones based on volatility, trend and cycle along with signal are made:
1) of the price data alone
2) of  the underlying  markets and other key influential factors
3) of composite factors which capture the main behaviour of the individual factors being used.

Group & Rank

The underlying factors are then ranked by the magnitude of the correlation. The forecasts and group of the factors then serve to determine the confidence in the main market signal.

Select

Market timing opportunities can then be made based on the groups the market and factors are in, along with recent signal change and support and resistance levels.