T3 moving average - indicator

T3 moving average, the indicator created by Tim Tillson is tripple smoothed combination of EMA (Exponential Moving Average) and DEMA (Double and Triple Exponential Moving Average). It's one of the popular and useful indicator, it's used in many trading system indicate the trends, or apply method in oscillator indicators to indicate the momentum of the trends.

         The fomula is:

         GD(N,v) = (1-v)*EMA[N] + v*DEMA[N]

         <=> GD(N,v) = EMA[N] + v * (EMA[N] - EMAofEMA[N])

         T3(N,v) = GD(N,v) of GD(N,v) of GD(N,v)

N : period of calculation.

v : volume factor, it controls  how much of the DEMA is used. you can see the DEMA fomula and download it by click at here. If v = 0 that means T3 is a Trippled EMA ( EMA of EMA of EMA), if v=1 that means T3 is a Trippled DEMA ( DEMA of DEMA of DEMA). Default v = 0.7, you can adjust it from 0 to 1.

You can see it in this chart below:

you can get T3 moving average in here, and many oscillator indicators using this method:

Read more ...

EDUCATION IS KEY IN FOREX TRADING

Forex trading has become very popular of late. But Forex is not a get-rich-quick-scheme by any means. To make money in Forex you need to know what you are doing. A bit of luck certainly helps but there is no way you are going to come out ahead if you don�t put some time and effort into learning what Forex trading is all about.

If you ever invested in any other market, such as equities, you know that the first thing to consider before placing any trade, is the risk/reward ratio. If the reward is not enough to make the risk worthwhile, don�t take it. On the other hand, risk provides the opportunity to make more money. If you know how to take calculated risks, you will see a profit. But here again, if you don�t know much about Forex, you will not know what a calculated risk is and won�t see the opportunity when it arises.

International Forex markets trade over $4 trillion on a daily basis. But 90% of Forex traders lose money within weeks of placing a trade. So how do the other 10% make it big? What do they know about Forex trading that takes them over the top?

Education is Key

The first thing to remember is everyone can become a successful trader. It take time, experience and a lot of education. Every trader should sign up for an online tutorial of some sort before opening a trading account. Most Forex brokers offer instructional courses on their website and this is good to get you started. There are also independent free courses such as Learn FX Live offered by Hector which provide the future trader with all the basics and advanced tools for turning a profit.

Education is key to knowing how to make money. In 1983, millionaire Richard Dennis proved that anyone can be taught to trade successfully. He took a group of people of all walks of life, ages and intelligence and called them the Turtle Traders. He spent two full weeks teaching them all they needed to know about Forex and how to gain confidence in trading. At the end of the course, he opened up an account for each and gave them $250,000 to trade. Five years later, the group together had amassed well over $100million and some of the Turtles went on to become well known financial professionals.

Dennis�s experiment proved that with enough education, the average person can gain the confidence and courage to take the risks at the correct time. He believed that it is all in the mind and that you can teach your mind how to think and feel. By using a simple trading method, anyone can trade profitably.

Focus on the risk involved, jump at the opportunity when it presents itself and don�t pull out too early. Never let your emotions get in the way and accept the losses along with the wins. It�s all part of the game.

Read more ...

Candle sticks cycle - 5 Sakata Methods

5 Sakata Methods: Five Sakata methods is a part of Sokyu Honma's method, it's the way to explain the structures or phase of the market like elliott wave method. This theory explains the market base on five elements: 1. San Zan means three mountains and is the tripple tops 2. San Zen means three rivers and is the tripple bottoms 3. San Ku means the tripple gaps and refer to the empty intervals between the prices

4. San pei means three lines and refer to a countinuously ascending trend that is compose of three time/price units

5. San poh means three rest and refer to corrective movement within a trend that is made up of three time/price units.

These elements can be showed as a circle in this image below :

Source: refering willey's candlesticks book. you can find more information in his book.

Read more ...

Eliott wave - Trend line forecasting

Eliott wave - Trend line forecasting Using Paralell trend channel is one of the accuracy methods on elliott wave forecasting technique. Elliott noted that paralell trend channels typically mark the upper and lower boundaries of the impulsive wave. The analyst should draw them in advance to assist to determining the target and provide clues to the future developments of the trend. To draw the channels we need at least 3 reference points.

To predict wave 3 target, draw the line from peak of wave 1 paralells the trend line drawing from the bottom of wave 1 and peak of wave 2.

To predict wave 5 target, draw the line from peak of wave 3 paralells the trend line drawing from the peak of wave 2 and peak of wave 4.

Read more ...

The Elliott wave rules - corrective waves

Corrective waves is the movement against the trend ( consolidation or letter phases). It is more difficult to identify than the motive wave because the corrective waves have more variations. The complexity of corrective waves can increase or decrease without warning, so the extend and depth of corrective waves are less pridictable than impulse waves.

 Corrective wave basic patterns:

Basic forms: Zigzag (5-3-5), flat (3-3-5), irregulars(3-3-5) and  triangles(3-3-3-3-3).

Complex forms: double threes and tripple threes ( this corrective forms can be subdivided into 4 categories: zigzag complex, flat complex, irregular complex).

Double threes patterns:

Tripple threes patterns:

Quote from: Balan_Robert's elliott waves book.

Read more ...

FOREX TRADING AS AN INVESTMENT INSTEAD OF A GAMBLE

There are thousands of articles and media reports that equate any type of investing to gambling. When you focus on investing on the Forex or commodities markets there is even more of the inherent prejudice of the mass media to discredit it as an investment and call it gambling. While this is not an accurate depiction of the markets, it may accurately describe many of the people involved in the market. The Forex and Commodities Exchanges are legitimate venues for investors with risk capital. Many of the people that trade in these markets are gamblers rather than investors. 

The impression that currency speculation is actually gambling comes from a lack of understanding about the process. The people choosing to call it gambling have some pretty strong facts on their side however. More individuals lose money in the Forex market than make profits and no system is foolproof. These are simple facts but they cloud the real picture. It is the same amount of money be being lost or gained. Every loss or gain results in the opposite loss or gain on the other side of the equation. This does not mean (as some suggest) that it is impossible to profit over the long term based on the structure of the market. The fact that the majority of the profits are made by an overall minority of the investors, it is clear that there is in fact a skill and strategy involved that can be learned and developed. 

Investing is a Business � Treat it Like One

This is nowhere more important than the Forex. If you base your decisions on a planned and established strategy making a handsome profit it is more than possible over the long term. This requires either a solid understanding of technical and fundamental indicators, or a strict disciplined approach in a price point strategy. The most successful investors while adhering to one method have enough understanding of other methods to become aware when they should not invest at all based on market conditions. 

The key difference in the mentality of investing as a business compared to the gambling mentality of many individual investors is in what the focus is on.
The investor mindset is focused on the ratio of risk to profit potential and conservation of capital. Professional investors are not bothered greatly by losses because the amount of the potential loss is already calculated in advance and deemed an acceptable risk. If every position is 2% of capital risked, than no single loss or even a series of losses will have a dramatic enough effect to cause an emotional turn. By the same token even a large profit is simply a new number to consider, maintaining correct sizing so there is no more or less risk in the next position. 

This basic structured process takes the wild balance fluctuations and emotional highs and lows out of Forex trading, and to be honest may make it seem boring. It is business and work, not entertainment so this is not a negative. While potential profits of 2% and 3% seem very boring and timid consider this. Many people lose money every day trying to make 20% returns, but if you manage 2% or 3% a month than you will be earning 24%- 36% a year on your portfolio and that is exciting to anybody.

Read more ...

Fibonacci

?? ???? ?? ??? ??? ?? ?? ?????? ????? ??? ?? 

?? ??????

Retracement

??? ?? ?? ???? ???? ??

??  ???? ??? ??? ??? ?? 

Aap Is tool ko Mt4 main Sy laga sakty hain , Bus low sy high tak isay laga dain aur Ye ap ko retracement bta day ga .
Is ki madad sy aap Trade achi jaga enter kar sakty hain aur exit bhi.
Ye bohat asan hay use karna aur Bohat ziada log isay istamaal karty hain .

Read more ...

Woodies CCI

woodie_CCI_2.1 -

Read more ...

Price patterns Trading Guide

Price_patterns _1_ -
Price_patterns _2_ -

Read more ...

Microtrading the 1 minute chart Scalping

Microtrading_the_1_Minute_Chart -

Read more ...