Tuesday, 24 January 2012

My daily analysis on EUR/USD 24-1-2012

My daily analysis on EUR/USD 24-1-2012


EUR/USD : The current trend upward trend and target 1.3050 and then 1.3080 >
1.2945 stop loss
if the price went to the lowest point 1.2945 , the trend reversed to the downside and target 1.288- and then 1.2840
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Monday, 23 January 2012

Tuesday, 17 January 2012

New free FOREX signal sell EUR/USD




SELL

EUR / USD
sell at 1.2720
Take profit  at1.2680
Stop loss at 1.2810

closed at 1.2810
loss 90 pips
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New Free Signal Buy EUR/USD



BUY 

EUR / USD
Buy at 1.2780
Take profit  at1.2810
Stop loss at 1.2720

closed at 1.2720
loss 50 pips
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New free FOREX signal 17-1




BUY 

EUR / USD
Buy at 1.2765
Take profit  at1.2790
Stop loss at 1.2660
closed at 1.2790
Profit 25 pips
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Saturday, 17 September 2011

Trend Finder Indicator

Spikes Trend Finder

I want to share a new system that I've been using.
It's very simple, Still room for improvements. Or eventually,
to semi-automate it. And send an email alert to my phone,
When conditions are right.

Well lets get to it.

1. You use the Day, 4h, 1h, Charts
2. Always trade with the trend
3. Always set SL, And TSL.
(EURUSD,EURJPY,GBPUSD,AND GBPJPY = 100/100)
(All others = 50/50)

You start with 2 MA's, An 18 smoothed open, With a 14 smoothed closed
These are to verify over all trend

Next, You will have 3 sets of RSI's on the bottom.

First set : 2 RSI's , An 88 period open, And a 56 period closed, No set min or max

Second set : 2 RSI's , An 88 period closed, And a 56 period open, No set min or max

Third set
: 2 RSI's , An 2 period open, And a 2 period closed, set 0 min and 100
max With 20,80 lines, Or 10,90 lines, Your chose



In a downward trend,
You wait until price hits, or passes the first MA,
On the 1h chart,Before you ever look for a reversal.
Of coarse, The closer to the average you can get on
the day chart, the better.

First, Look at the MA's, And make sure they are
staying parallel, Or expanding

Next, You look for a cross, On all 3 RSI indicators at the bottom

Then I place my trade with SL, And TSL.
I don't use a TP, But a TSL instead.
I'm a big fan of set it, and forget it trading

You would just reverse this for an upward trend.

---- sbudij by Spike fx factory ------

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Friday, 26 August 2011

Trend Line Scalper Strategy

Trend Line Forex Scalper provides an easy, yet effective way to scalp the forex on 1 min forex charts. The strategy is composed of the Stochastic oscillator and rising or falling trend lines.

Chart Setup:

� Preferred currency pair to trade: Major Currency Pairs
Trading Indicators: Stochastic Oscillator (default settings: 5,3,3)
� Time to Trade : Euro and Us Session
� Timeframe: 1 Min

Trend Line Forex Scalper Example




How it works :

BUY TRADE

� Draw a significant rising trend line in a up trending market.
� The currency pair retreats towards the rising trend line but doesn't close below.
� Open a buy trade if the Stochastic oscillator turns back above 20 from oversold readings below 20 (gray circle on the chart above).
� Place your stop loss 1 pip below the rising trend line.
� Price objective 20 pips or better.

SELL TRADE

� Draw a significant falling trend line in a down trending market.
� The currency pair retreats towards the falling trend line but doesn't close above.
� Open a sell trade if the Stochastic oscillator turns back below 80 from overbought readings above 80.
� Place your stop loss 1 pip above the falling trend line.
� Price objective 20 pips or better


See other indicator..... CLICK Here...


---- sbudij / KarawangForex ------ by; Willie VD Perre
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Monday, 22 August 2011

Forex Trading Indicators

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Sunday, 10 April 2011

Forex Trend Following Strategies

FX5 Forex Trading Strategy
FX5 forex trading strategy is a simple and effective trend following method for any major exchange rate. I hope you can adapt this strategy to suit your trading style.
Strategy Description: An intra day forex trend following trading method, using the
following technical indicators:
� 10 period WMA (Weighted Moving Average)
� 20 period SMA (Simple Moving Average)
� Slow Stochastic (10,6,6 (exponential))
� RSI (28)
� MACD (24/52/18 (exponential))

Forex Trading Rules:
1) Only take trades between 8AM-12PM EST and/or 2AM-4AM EST.
2) BUY the exchange rate when the 10 WMA crosses up past the 20 SMA and the Stochastic is signaling up (fast line above the slow line), RSI > 50 and the MACD histogram >0 and MACD averages crossed up.
3) SELL the exchange rate when the 10 WMA crosses down past the 20 SMA and the Stochastic is signaling down (fast line below slow line), RSI<50 and the MACD histogram <0 and MACD averages crossed down. 4) Try and take profits at or near key levels: Try and take profits at exchange rates ending with 00, 20, 50, 80 e.g. EUR/USD 1.1980 5) Stop-Loss Level: discretionary or below/above most recent level of support and resistance.

----- by Erol Bortucene -------
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