FREE FOREX SIGNAL

Free Forex Signal, 01 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.50 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4696
Avg. Daily Range : 140 point
BUY at 1.4689 Exit Target 15 pips
SELL at 1.4614 Exit Target 20 pips

GBP/USD
Pivot : 1.8241
Avg.Daily range : 177 point
BUY at 1.8182 Exit Target 15 pips
SELL at 1.8003 Exit Target 20 pips

USD/JPY
Pivot : 108.93
Avg.Daily range : 110 point
BUY at 108.79 Exit Target 15 pips
SELL at 108.23 Exit Target 20 pips

AUD/USD
Pivot : 0.8596
Avg.Daily range : 113 Point
BUY at 0.8565 Exit Target 15 pips
SELL at 0.8523 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0995
Avg. Daily range : 119 point
BUY at 1.1056 Exit Target 15 pips
SELL at 1.0982 Exit Target 20 pips

Usd/Cad
Pivot : 1.0589
Avg.Daily range : 129 point
BUY at 1.0696 Exit Target 15 pips
SELL at 1.0602 Exit Target 20 pips

GOLD
Pivot : 832.58
Avg.Daily range :1672 point
BUY at 833.90 Exit Target 150 pips
SELL at 828.20 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FOREX INDICATOR

Bullish & Bearish Technical Divergences

Divergence is a term which often comes back in forex technical analysis, it occurs when the price of the underlying currency pair and the indicator move in opposite directions. A bullish divergence can predict future upturns, while a bearish divergence can predict future downturns. Currency traders make trading decisions by identifying situations of divergence, where the price of a currency pair and indicators, such as the MACD, are moving in opposite directions.

Bullish Divergence

Bullish divergence occurs when the price of the underlying currency pair makes a new low while the indicator fails to make a new low or heading higher suggesting the downtrend may be nearly over. When identifying bullish divergences, a currency trader will look for BUYING opportunities.

Bearish Divergence

Bearish divergence occurs when the price of the underlying currency pair makes a new high while the indicator fails to make a new high or heading lower suggesting the up trend may be nearly over. When identifying bearish divergences, a currency trader will look for SELLING opportunities.

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FOREX INDICATOR

Forex ; Another Scalping Technique

Currency: ANY
Time frame: 1 hour + 30 min + 5 min.
Indicators: 14 EMA, 21 EMA, 50 EMA, Bollinger Band (20, 2).

Entry rules: Enter on 5 minutes chart.
On 5 minutes chart, for uptrend:
if 14 EMA is above 21 EMA,
then if both 14 EMA and 21 EMA are above 50 EMA,
then if 50 EMA is within the Bollinger Bands borders,
then...

go and check 30 min chart:
if price bar is a up-close bar and sitting on 14 EMA or 21 EMA
and same again:
if 14 EMA is above 21 EMA,
then if both 14 EMA and 21 EMA are above 50 EMA,
then if 50 EMA is within the Bollinger Bands borders,
then...

go Long...

OR go and check if 1 hour chart meet same conditions as for 30 min chart and then go Long.
If at least one condition is violated – stay away.

The reverse is for the downtrend:
Enter on 5 minutes chart.
On 5 minutes chart, for downtrend:
if 14 EMA is below 21 EMA,
then if both 14 EMA and 21 EMA are below 50 EMA,
then if 50 EMA is within the Bollinger Bands borders,
then...

go and check 30 min chart:
if price bar is a down-close bar and touching 14 EMA or 21 EMA
and same again:
if 14 EMA is below 21 EMA,
then if both 14 EMA and 21 EMA are below 50 EMA,
then if 50 EMA is within the Bollinger Bands borders,
then...

go Short... or go and check same rules for 1 hour chart and only then enter Short on 5 minutes chart.

Exit rules: exit when any of the conditions is violated or when the profit is high enough to close the trade.

--- by; Edward revy – FxStrtgyRvl --------

Forex Tips and Strategy

Forex ; Gbp/jpy Cash Machine

Every morning on the European open at 0700, the GBP starts to rise against the JPY. On the London open it takes off again, slowly climbing to the New York open at 1300, where anything can happen.

Almost every day we have either straddled 30 pips each way at 0800 or just taken a long trade with a 30-pip stop loss - then follow the price upwards, moving my stop loss in 15-pips behind until I lose my nerve and take the profit!

Spread betting at 50p a point in this way I have been raking the cash in. At the start I turned £27 into £146 in two trading sessions. I know this defies all our sensible money management rules but in the last month I have only suffered three big losses.

Indicators? none - too complicated. I just see how the market has been running, keep an eye on upcoming news (avoid NFP, etc) and wait!

The only useful indicator I use is the parabolic SAR which gives me a good idea when to exit.

It's also a very good idea to study the overall economy, not just the pair you are trading in and learn how prices react to certain events in different parts of the world.

OK this is working NOW, but markets do change so watch out for the bubble burst!

---- by; Paul ------

Forex Tips and Strategy

Forex ; 2-Cross

Currency: GBP/USD (preferred) or any other.
Time frame: 3 hours (preferred) or 4 hours.
Indicators:
SMA 200, SMA 100 – these are two influential SMAs; you will find price “obeying” their boundaries.
SMA 15, EMA 5
MACD (12, 26, 9)

Trading Rules:
Since we are dealing with “unpredictable until set” indicators (EMA, SMA, MACD) we will always be using signals AFTER the current signaling candle is closed.

1. Never open a trade if price is less than 25 pips away from 100 SMA or 200 SMA.

2. Do enter the market when price has crossed either 100 SMA (expect large move) or 200 SMA (expect very large move) and only after the current candle has closed on the opposite side of the SMA. SMAs this big do not get crossed very often.

3. Set stop loss initially at 50 pips. Look for nearest support/resistance level and adjust it accordingly – it could grow up to 70-90 pips but it should not be less than 40 pips. Anyway this measure is taken only to save us from sudden “exploding market”, in all other cases it will not be hit as our system will take you earlier from the trade.

4. Enter in the direction of 5 EMA once two conditions are met:
1) 5 EMA crosses 15 SMA “permanently” – which means the current candle is closed and lines are “locked” and will not move misleading us.
2) MACD lines are crossed, and the current candle is closed.
The 2 crosses do not have to happen simultaneously. MACD lines can cross earlier than EMA and SMA or shortly after, but there should be no more than 5 candles in between 2 crosses.
If “2-cross” condition is not met – no entry.

Exit rules: exit with the same rules as for entry: when two crosses are in place. If we have only one cross – we are still in trade.

Profit target:
a) can be set to a desired amount of pips and followed with trailing stop further once the target is reached.
b) or use 50 pips profit target – do start chasing the price with trailing stop after gaining 50 pips.
c) or you may not use trailing stop and set no profit targets, then exit according to Exit rules – on the next “2-cross”.

Let’s walk through the numbers:

#1 – EMA 5 crosses 15 SMA, MACD lines also crossed, price is not close to SMA 100 – we place Long order.

#2 – again we have 2 crosses: moving averages cross and MACD – we exit Long and immediately place Short order.

# 3 – 2 crosses are in place, by the time our current signaling candle is closed we are already far enough from 100 SMA, so we close Short and open Long position.
Yes, till this point we were trading in sideways moving market – so no profits here, may be some small negative results. Solution – trading only during active hours, for GBP/USD it is London and New York sessions.

#4 – As we were Long – this point is our exit (“2-cross” condition is met again)
and immediately place Sell order.

#5 – moving averages on the chart have crossed, however MACD – does not, we stay in trade.
We watch price passing 100 SMA and closing below it – it is a good sell signal, but we are already trading it.

#6 – first appears MACD crossover, followed by moving averages crossover – at this point we close our Short position. Do we open Long position immediately? No, because we are very close to 100 SMA. We need to wait until candle passes and closes above 100 SMA to open a Long trade. Once it happens we are in trading Long.

#7 – MACD lines has attempted to cross, but nothing to worry as there is no second cross from moving averages.

#8 – same as #7.

#9 – time to finally close Long position and go Short.

---- by;Edward Revy – FxStrtgyRvl --------

FOREX INDICATOR

FOREX INDICATOR . . . . .

* Do hammer and shooting star candlestick formations work in Forex ?

* How Profitable are candlestick strategies in currency trading ?

* FX – Market ; Directional channels

* Trading Breakouts of the Breakouts

* Outside Key Reversal

* Fast Stochastics and Slow Stochastics

* How to catch simple moves in forex

* Bullish and Bearish Technical divergences

* Slingshots Forex Reversal Strategies

* Stop placement with Average True Range - ATR

* ATR - Average True Range – Reading Volatility

* BB – Width indicator and Breakouts

* Market Turns in Forex

* Fibonacci Trading; Key to Forex Profits

* Buy the strongest currency sell the weakest

FOREX RESOURCES......

SFDF ; Swiss Federal Department of Finance


National Futures Association. USA


Metatrader FX Brokers


FX Broker Comparison


FX Broker Reviews


FX Software Reviews


FX Market News


FX Incredibles Charts


Free FX Chart Books


Financial Services Authority. UK


Commodity Futures Trading Commission.


Association Romande des Intermédiaires Financiers

FREE FOREX SIGNAL

Free Forex Signal, 29 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.10 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4727
Avg. Daily Range : 143 point
BUY at 1.4745 Exit Target 15 pips
SELL at 1.4663 Exit Target 20 pips

GBP/USD
Pivot : 1.8310
Avg.Daily range : 182 point
BUY at 1.8334 Exit Target 15 pips
SELL at 1.8238 Exit Target 20 pips

USD/JPY
Pivot : 109.28
Avg.Daily range : 108 point
BUY at 109.72 Exit Target 15 pips
SELL at 109.07 Exit Target 20 pips

AUD/USD
Pivot : 0.8627
Avg.Daily range : 117 Point
BUY at 0.8652 Exit Target 15 pips
SELL at 0.8601 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0965
Avg. Daily range : 122 point
BUY at 1.1009 Exit Target 15 pips
SELL at 1.0965 Exit Target 20 pips

Usd/Cad
Pivot : 1.0494
Avg.Daily range : 101 point
BUY at 1.0530 Exit Target 15 pips
SELL at 1.0491 Exit Target 20 pips

GOLD
Pivot : 834.09
Avg.Daily range : 2013 point
BUY at 837.60 Exit Target 150 pips
SELL at 827.80 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

Free Forex Signal

Free Forex Signal, 27 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.05 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4657
Avg. Daily Range : 156 point
BUY at 1.4732 Exit Target 15 pips
SELL at 1.4634 Exit Target 20 pips

GBP/USD
Pivot : 1.8415
Avg.Daily range : 193 point
BUY at 1.8477 Exit Target 15 pips
SELL at 1.8386 Exit Target 20 pips

USD/JPY
Pivot : 109.62
Avg.Daily range : 107 point
BUY at 109.54 Exit Target 15 pips
SELL at 109.02 Exit Target 20 pips

AUD/USD
Pivot : 0.8564
Avg.Daily range : 129 Point
BUY at 0.8614 Exit Target 15 pips
SELL at 0.8548 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.1013
Avg. Daily range : 126 point
BUY at 1.1000 Exit Target 15 pips
SELL at 1.0947 Exit Target 20 pips

Usd/Cad
Pivot : 1.0184
Avg.Daily range : 116 point
BUY at 1.0497 Exit Target 15 pips
SELL at 1.0438 Exit Target 20 pips

GOLD
Pivot : 820.27
Avg.Daily range :2281 point
BUY at 829.40 Exit Target 150 pips
SELL at 819.60 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

Free Forex Signal

Free Forex Signal, 26 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.50 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4753
Avg. Daily Range : 133 point
BUY at 1.4763 Exit Target 15 pips
SELL at 1.4698 Exit Target 20 pips

GBP/USD
Pivot : 1.8510
Avg.Daily range : 185 point
BUY at 1.8540 Exit Target 15 pips
SELL at 1.8438 Exit Target 20 pips

USD/JPY
Pivot : 109.57
Avg.Daily range : 119 point
BUY at 109.64 Exit Target 15 pips
SELL at 109.01 Exit Target 20 pips

AUD/USD
Pivot : 0.8645
Avg.Daily range : 111 Point
BUY at 0.8656 Exit Target 15 pips
SELL at 0.8554 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0969
Avg. Daily range : 119 point
BUY at 1.1011 Exit Target 15 pips
SELL at 1.0947 Exit Target 20 pips

Usd/Cad
Pivot : 1.0488
Avg.Daily range : 92 point
BUY at 1.0527 Exit Target 15 pips
SELL at 1.0486 Exit Target 20 pips

GOLD
Pivot : 821.03
Avg.Daily range : 1995 point
BUY at 823.60 Exit Target 150 pips
SELL at 817.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

Free Forex Signal

Free Forex Signal, 25 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.05 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4821
Avg. Daily Range : 143 point
BUY at 1.4747 Exit Target 15 pips
SELL at 1.4716 Exit Target 20 pips

GBP/USD
Pivot : 1.8608
Avg.Daily range : 204 point
BUY at1.8459 Exit Target 15 pips
SELL at 1.8416 Exit Target 20 pips

USD/JPY
Pivot : 109.56
Avg.Daily range : 128 point
BUY at 110.43 Exit Target 15 pips
SELL at 109.63 Exit Target 20 pips

AUD/USD
Pivot : 0.8706
Avg.Daily range : 133 Point
BUY at 0.8616 Exit Target 15 pips
SELL at 0.8607 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0947
Avg. Daily range : 126 point
BUY at 1.1034 Exit Target 15 pips
SELL at 1.0989 Exit Target 20 pips

Usd/Cad
Pivot : 1.0459
Avg.Daily range : 91 point
BUY at 1.0525 Exit Target 15 pips
SELL at 1.0456 Exit Target 20 pips

GOLD
Pivot : 827.12
Avg.Daily range :2304 point
BUY at 822.40 Exit Target 150 pips
SELL at 815.40 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

Forex Tips and Strategy

Forex Divergence

Currency: EUR/USD (preferred) or any other.
Time frame: 30 min.
Indicators: MACD (5, 26, 1) – draw 0 line,
Full Stochastic (14, 3, 3)
EMA 3
SMA 13
Trading rules: watch for divergence between the price on the chart and MACD or between price on the chart and Stochastic.
Once divergence spotted, wait for EMA 3 and SMA 13 to cross and enter the trade in the direction of EMA 3.
Set stop loss at 26 pips.
Take half of the profit at 20 pips; let the rest to run further with trailing stop in place.

Divergence on Stochastic can be found the same way as on MACD. The reason for using both MACD and Stochastic is that one of the indicators can show divergence while the other will not at given period of time.

--- by; Edward Revy – Fx Strtgy Rvl ------

Forex Indicator

FOREX ; Trend trading with EMAs

Trading strategy setup:
Time frame: 1 day, 1 hour or 30 min.
Currency pair: any.
Indicators:
80 EMA, 21 EMA, 13 EMA, 5 EMA, 3 EMA
RSI (21)
Trading rules:
80 EMA suggests a major trend direction.
When the price is traded above 80 EMA – uptrend, opposite for downtrend.
21 EMA and 13 EMA give a current trend direction.
While 13 EMA stays above 21 EMA – uptrend, opposite for downtrend.
RSI (21) above 50 mark suggests an uptrend, below – downtrend.
Entries are made on a cross of 3 and 5 EMA in the direction of a trend:
Buy when 3 EMA crosses 5 EMA upward in an uptrend market AND both 3 and 5 EMA cross a channel of 13 and 21 EMA AND RSI is above 50.
Entry with Sell order when 3 EMA crosses 5 EMA downward in a downtrend market AND both 3 and 5 EMA cross the 13 and 21 EMA AND RSI is below 50.
Note that additional entries are possible when 3 and 5 EMA cross back and then shortly after make a signalling cross again.
Note, that when we get the signal to enter we always wait for the current price bar to close and only then (if conditions nave not changed) - open a position.

Exit rules: when 13 EMA crosses 21 EMA back.
Keep an eye on 80 EMA, also watch RSI 21 to cross 50 point mark again - both will suggest immediate exits.
P.S. For more conservative trading take positions that do not contradict with 80 EMA's trend suggestion.
---- by;Edward revy – Fx Strtgy Rvl -----

Forex Tips and Strategy

Forex Profits by Buying and Selling at the Same Time

This article is one of a series which looks at the advantages and weaknesses of trading using the hedged, grid trading system to trade volatile markets.
We will look at how money can be made by breaking a number of trading truths or principles; * cut your losses and let your profit run and * there is nothing to gained by entering into buy and sell deals at the same time.
The hedged grid trading system uses the principle that one should be able to cash in at a gain no matter which way the market moves. No stops are therefore required at all. The only way this is logically possible is that one would have a buy and sell active at the same time. Most traders will say that that is trading suicide but let's take some to look at this more closely.
Let's say that a trader enters the market with a buy and sell active when a currency is at a level of say 100. The price then moves to 200. The buy will then be positive by 100 and the sell will be negative by 100. At this point we start breaking trading rules. We cash in our positive buy and the gain of 100 goes to our account. The sell is now carrying a loss of -100.
The grid system requires one to make sure that cash in on any movement in the market. To do this one would again enter into a buy and a sell transaction. Now, for convenience, let's assume that the price moves back to level 100.
The second sell has now gone positive by 100 and the second buy is carrying a loss of -100. According to the rules one would cash the sell in and another 100 will be added to your account. That brings the total cashed in at this point to 200.
Now the first sell that remained active has moved from level 200 where it was -100 to level 100 where it is now breaking even.
The 4 transactions added together now magically show a gain:- 1st buy cashed in +100, 2nd sell cashed in +100, 1st sell now breaking even and the 2nd buy is -100. This gives an overall a gain of 100 in total. We can liquidate all the transactions and have some champagne.
There are many, many other market movements that turn this strange "buy and sell at the same time" activity into gains. These will be covered in future articles and are covered in a free grid trading course which is available at the expert-4x.com website for those traders whose curiosity has been aroused.

---- Fx tips & strategy -----

FREE FOREX SIGNAL

Free Forex Signal, 22 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.35 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4843
Avg. Daily Range : 157 point
BUY at 1.4914 Exit Target 15 pips
SELL at 1.4840 Exit Target 20 pips

GBP/USD
Pivot : 1.8729
Avg.Daily range : 175 point
BUY at 1.8789 Exit Target 15 pips
SELL at 1.8706 Exit Target 20 pips

USD/JPY
Pivot : 108.82
Avg.Daily range : 120 point
BUY at 108.77 Exit Target 15 pips
SELL at 108.25 Exit Target 20 pips

AUD/USD
Pivot : 0.8749
Avg.Daily range : 120 Point
BUY at 0.8802 Exit Target 15 pips
SELL at 0.8759 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0899
Avg. Daily range : 129 point
BUY at 1.0920 Exit Target 15 pips
SELL at 1.0835 Exit Target 20 pips

Usd/Cad
Pivot : 1.0489
Avg.Daily range : 125 point
BUY at 1.0479 Exit Target 15 pips
SELL at 1.0418 Exit Target 20 pips

GOLD
Pivot : 828.66
Avg.Daily range : 2648 point
BUY at 839.40 Exit Target 150 pips
SELL at 829.20 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FREE FOREX SIGNAL

Free Forex Signal, 21 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 02.35 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4742
Avg. Daily Range : 146 point
BUY at 1.4792 Exit Target 15 pips
SELL at 1.4730 Exit Target 20 pips

GBP/USD
Pivot : 1.8615
Avg.Daily range : 161 point
BUY at 1.8668 Exit Target 15 pips
SELL at 1.8606 Exit Target 20 pips

USD/JPY
Pivot : 109.95
Avg.Daily range : 83 point
BUY at 110.03 Exit Target 15 pips
SELL at 109.63 Exit Target 20 pips

AUD/USD
Pivot : 0.8712
Avg.Daily range : 105 Point
BUY at 0.8745 Exit Target 15 pips
SELL at 0.8709 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0978
Avg. Daily range : 121 point
BUY at 1.1008 Exit Target 15 pips
SELL at 1.0958 Exit Target 20 pips

Usd/Cad
Pivot : 1.0604
Avg.Daily range : 92 point
BUY at 1.0606 Exit Target 15 pips
SELL at 1.0577 Exit Target 20 pips

GOLD
Pivot : 810.36
Avg.Daily range : 2396 point
BUY at 818.90 Exit Target 150 pips
SELL at 809.40 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FREE FOREX SIGNAL

Free Forex Signal, 20 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 02.50 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4737
Avg. Daily Range : 159 point
BUY at 1.4789 Exit Target 15 pips
SELL at 1.4743 Exit Target 20 pips

GBP/USD
Pivot : 1.8633
Avg.Daily range : 174 point
BUY at 1.8697 Exit Target 15 pips
SELL at 1.8619 Exit Target 20 pips

USD/JPY
Pivot : 109.86
Avg.Daily range : 98 point
BUY at 110.07 Exit Target 15 pips
SELL at 109.61 Exit Target 20 pips

AUD/USD
Pivot : 0.8689
Avg.Daily range : 124 Point
BUY at 0.8747 Exit Target 15 pips
SELL at 0.8686 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0948
Avg. Daily range : 114 point
BUY at 1.0941 Exit Target 15 pips
SELL at 1.0898 Exit Target 20 pips

Usd/Cad
Pivot : 1.0619
Avg.Daily range : 91 point
BUY at 1.0638 Exit Target 15 pips
SELL at 1.0586 Exit Target 20 pips

GOLD
Pivot : 804.04
Avg.Daily range : 2837 point
BUY at 818.90 Exit Target 150 pips
SELL at 811.70 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FREE FOREX SIGNAL

Free Forex Signal, 19 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.20 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4707
Avg. Daily Range : 139 point
BUY at 1.4724 Exit Target 15 pips
SELL at 1.4670 Exit Target 20 pips

GBP/USD
Pivot : 1.8648
Avg.Daily range : 167 point
BUY at 1.8665 Exit Target 15 pips
SELL at 1.8601 Exit Target 20 pips

USD/JPY
Pivot : 110.19
Avg.Daily range : 91 point
BUY at 110.29 Exit Target 15 pips
SELL at 109.69 Exit Target 20 pips

AUD/USD
Pivot : 0.8695
Avg.Daily range : 126 Point
BUY at 0.8699 Exit Target 15 pips
SELL at 0.8640 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0966
Avg. Daily range : 104 point
BUY at 1.0997 Exit Target 15 pips
SELL at 1.0965 Exit Target 20 pips

Usd/Cad
Pivot : 1.0612
Avg.Daily range : 101 point
BUY at 1.0654 Exit Target 15 pips
SELL at 1.0627 Exit Target 20 pips

GOLD
Pivot : 797.07
Avg.Daily range : 2250 point
BUY at 797.20 Exit Target 150 pips
SELL at 787.20 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FREE FOREX SIGNAL

Free Forex Signal, 18 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.50 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4781
Avg. Daily Range : 155 point
BUY at 1.4763 Exit Target 15 pips
SELL at 1.4656 Exit Target 20 pips

GBP/USD
Pivot : 1.8621
Avg.Daily range : 188 point
BUY at 1.8729 Exit Target 15 pips
SELL at 1.8627 Exit Target 20 pips

USD/JPY
Pivot : 110.29
Avg.Daily range : 106 point
BUY at 110.54 Exit Target 15 pips
SELL at 109.97 Exit Target 20 pips

AUD/USD
Pivot : 0.8657
Avg.Daily range : 124 Point
BUY at 0.8734 Exit Target 15 pips
SELL at 0.8672 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0967
Avg. Daily range : 96 point
BUY at 1.0972 Exit Target 15 pips
SELL at 1.0919 Exit Target 20 pips

Usd/Cad
Pivot : 1.0616
Avg.Daily range : point
BUY at 105.97 Exit Target 15 pips
SELL at 105.63 Exit Target 20 pips

GOLD
Pivot : 788.52
Avg.Daily range : 2909 point
BUY at 805.70 Exit Target 150 pips
SELL at 787.40 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

Forex Indicator

Forex ; Early Bird System

Another advanced morning strategy tightened to the timing factor and only two currency pairs.
Trading setup:
Time frame: 1 hour.
Currency pair: preferred but not limited to EUR/USD and GBP/USD.
This Forex breakout system uses no indicators.
Trading rules:
The system is called "early bird" because it requires a trader being ready to trade Forex as early as 5:00 am EST.
Find the Highest High and the Lowest Low for the candles from 00:00 EST to 4:59 am EST. (We should have 5 candles for each hour: 0, 1, 2, 3 and 4).
At 5:00 am EST set 2 entry orders: buy order - above the highest high +5 pips, sell order - below the lowest low and -5 pips.
Set initial profit target to +90 pips for EUR/USD and +140 pips for GBP/USD - both targets are way too high if to consider that daily range average for EUR/USD is only 110-120 pips and daily range average for GBP/USD is 180-200 pips.
If those targets get hit - very good! However, our profits will be determined mainly by the time factor instead of a fixed amount of pips.
So, we close all open positions at 12:59 EST (1:00 pm EST) and cancel all remaining orders. The next trading opportunity - only next day at 5:00 am EST.

Setting Stop Loss orders:
Stop loss for Buy order should be placed below the found earlier lowest low -3 pips, for Sell order - above the highest high +3 pips. If a stop loss is hit most likely traders will see an opposite position open. Stop loss should never be moved.

--- by; Edward revy – Fx Rvl Strategy -------

Forex Tips and Strategy

FOREX ; Discretionary Trading vs. System Trading
Many times the traders talk about trading systems they wrote themselves that worked for awhile and then mysteriously stopped working. They assumed that there was something wrong with their system, so they moved onto another approach. But the problem may not have been the system, but rather that the market environment had changed and the trader did not recognize it.
This happens quite often and is one of the main reasons that good trading systems get tossed aside. So to keep this from frequently happening, the first rule of any trading system should be one of the oldest pieces of advice from many experienced traders.

Always trade in the direction of the trend. If the market is in an uptrend, only look for buying opportunities and if the market is in a downtrend, then only look for selling opportunities. This would seem as obvious as knowing that walking downhill is easier than walking uphill, but yet traders get so caught up in looking for that perfect entry, that they forget to take a step back and take a look at the big picture, which is the direction of the trend.
Quite often the best approach in trend analysis is to create a daily chart of the EUR/USD with one year of trading activity and make a note of your opinion of the trend. You then work your way through all of the other currency pairs to do the same. You can then compare to see which pairs are in the strongest uptrends and strongest downtrends. These would be the currency pairs to use when looking for a trade. You should be very picky as your trading results will depend on your choices.

Since you also have a directional bias based on the direction of the trend, the process of finding a trading opportunity becomes a little easier. For those of you who like to quantify your choices, we have posted a daily chart of the EUR/USD with three months of trading activity. Also plotted on the chart is the most popular of all technical indicators, a 200-day Simple Moving Average.
Note that all of the candles are above the moving average. This is an example of an uptrend. If all of the candles were below the moving average, then this would be a downtrend. If candles were both above and below the moving average, we would consider trend weak and not trade that particular currency pair. You can use any moving average value on any time frame chart, but the technical analysis on the longer-term charts are more reliable, with the daily chart being the best. But by quantifying it like this, we are each able to find what combination works best for our own system. That is what using a system is all about. Next week we will look at the activity within a trending move to find a trading opportunity.



---- by; Thomas Long -------

Forex Indicator

FOREX ; Picking Tops and Bottoms
Were you told not to hunt for tops and bottoms when trading..?
Why not break the rules when you can tell with an astonishing precision where the next top or bottom will be?
Here is one very nice and accurate trading system that could make your Forex trading entirely about hitting the right spots.

Trading setup:
Time frames: 5, 15, 30 minutes, 1 hour, 3 hour and 1 day – just one chart at the time will be used.
In case you do not have the exact time frames, simply substitute them with the closest ones. For example, 15 min can be changed to 10 min, 3 hour can be changed to 4 hour etc.
20 EMA and 40 EMA on all time frames
ADX 14 for all time frames.

Currency pairs: any.
The idea behind this Forex method is that ADX helps to measure the strength of the trend while 20 EMA acts as a flexible support-resistance line.
Trading rules:
Our first goal is to find the chart with ADX being over 30 mark, which will indicate a strong trend. We start with a daily chart and continue the search moving downwards (3 hour, 1 hour, 30 min, 15 min, 5 min) until we find the chart with ADX being currently over 30.

Note: In case several time frames meet requirements for ADX, we opt for the highest time frame. That's why we start with the highest frame first.
Having chosen the time frame, we are ready to trade the first bounce off of the 20 EMA. We set a limit order close to 20 EMA accordingly: in a downtrend we expect the price to touch 20 EMA from below, then reverse and move down, in an uptrend – from above, reverse and move up.
Always make sure that at the moment of entry you are using the highest time frame with ADX currently over 30. Only then you can expect the price to obey 20 EMA.
That's it.
Initial Stop loss order is placed above (when short) / below (long) the 40 EMA.
Important note: once in the trade stay with the time frame used for entry.
Risks: looking at the charts traders will find that at times the price reverses exactly at 20 EMA, but sometimes it moves even further before making a u-turn. Always be ready to leave some room for the price to make this turn, that's why we suggest using 40 EMA for stops.

Exit rules:
Option 1: Use Bollinger Band with settings (18, 2) for all time frames. Set a profit target at the outside band. Move your profit target as the Band expands or narrows.
Option 2: For traders familiar with Fibonacci tool, profit target can be set to 1.618 expansion level. AB Swing for Fibonacci should be found from the earlier price moves and the actual point of entry should be considered as point C or a retracement.
Option 3: Once the price clearly moves in your favor move the stop below/above (Long/Short trading) the previous price bar. Adjust the stop with each new price bar. Trade until stopped.
Also exit always if ADX goes below 30 on the time frame which was used for entry.
That’s it. Test it and see that it works remarkably well.
P.S. Accuracy of this strategy is quite difficult to backtest/visualize using historical data. If you decide to do so, make sure you do it right and know what time frame should have been chosen for trading at any given time. The easiest way to analyze current strategy performance is by running it in real time.
---- by; Edward Revy - Fx Rvl Strategy -----

Forex Tips and Strategy

FOREX ; 50 - 100 Pips minimum in Four Hours.

What sets this system apart from the rest?

The purpose of this system is the need for simplicity in a mess of complicated indicators and rules. This system does not grab all the pips to be had, just the ones with the highest probability. This makes it easier for the common trader and involves less risk. It is very visual and basic so profits can be created without former experience.

We will trade this system from 6 a.m. to 10 a.m. Central Time. The best pairs are EUR/USD, EUR/JPY, and GBP/USD.

Chart Setup:
1. 15 Minute Timeframe.
2. Slow Stochastics - numbers at 5,3 or 8,3.
3. CCI – the automated setting.
4. Candlesticks – They aren’t needed for this particular system. They are simply easier to view.

Added lines for visual clarity:

Stochs - One horizontal line placed at 20 and one at 80.
CCI – One horizontal line placed at 50, another at -50.

Formula:

Watch for the CCI line to break either of the 50 point lines. Once the line thickens and approaches the 100 line, you take it. 100 for a buy, -100 for a sell. Stochastics should be between the two lines at 20 and 80.

Exits:
The 5 minute timeframe. When you see the CCI break out of the tent formed and move inward of the 100 or -100 line, set stop loss at break even. As the trade continues, keep inching stop loss closer as there are repeated breaks inward on the 5. You should be completely out once the the CCI comes back inside the 100 or -100 line on the 15 minute timeframe.

---- by; Freedom Trader -------

FREE FOREX SIGNAL

Free Forex Signal, 15 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.10 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4842
Avg. Daily Range : 172 point
BUY at 1.4807 Exit Target 15 pips
SELL at 1.4747 Exit Target 20 pips

GBP/USD
Pivot : 1.8669
Avg.Daily range : 190 point
BUY at 1.8714 Exit Target 15 pips
SELL at 1.8618 Exit Target 20 pips

USD/JPY
Pivot : 109.58
Avg.Daily range : 103 point
BUY at 110.03 Exit Target 15 pips
SELL at 109.54 Exit Target 20 pips

AUD/USD
Pivot : 0.8722
Avg.Daily range : 137 Point
BUY at 0.9678 Exit Target 15 pips
SELL at 0.8616 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0912
Avg. Daily range : 122 point
BUY at 1.0979 Exit Target 15 pips
SELL at 1.0922 Exit Target 20 pips

Usd/Cad
Pivot : 1.0616
Avg.Daily range : 100 point
BUY at 1.0675 Exit Target 15 pips
SELL at 1.0622 Exit Target 20 pips

GOLD
Pivot : 815.30
Avg.Daily range : 2757 point
BUY at 797.80 Exit Target 150 pips
SELL at 788.00 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FREE FOREX SIGNAL

Free Forex Signal, 13 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.15 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.4894
Avg. Daily Range : 160 point
BUY at 1.4944 Exit Target 15 pips
SELL at 1.4072 Exit Target 20 pips

GBP/USD
Pivot : 1.9009
Avg.Daily range : 162 point
BUY at 1.9023 Exit Target 15 pips
SELL at 1.8934 Exit Target 20 pips

USD/JPY
Pivot : 109.70
Avg.Daily range : 111 point
BUY at 109.34 Exit Target 15 pips
SELL at 108.81 Exit Target 20 pips

AUD/USD
Pivot : 0.8756
Avg.Daily range : 133Point
BUY at 0.8784 Exit Target 15 pips
SELL at 0.8654 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0872
Avg. Daily range : 111 point
BUY at 1.0898 Exit Target 15 pips
SELL at 1.0825 Exit Target 20 pips

Usd/Cad
Pivot : 1.0665
Avg.Daily range : 101 point
BUY at 1.0681 Exit Target 15 pips
SELL at 1.0643 Exit Target 20 pips

GOLD
Pivot : 812.79
Avg.Daily range : 2412 point
BUY at 819.40 Exit Target 150 pips
SELL at 805.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

Forex Tips and Strategy

FOREX TIPS & STRATEGY

* Forex ; Moving Average Tunnels

* Forex ; Simple Breakouts System

* Forex ; TrendTriggerMod

* Forex ; 5 x 5 Simple Sysyem

* Forex ; 50 – 100 pips Minimum in Four Hours

* Forex ; Discretionary Trading Vs System Trading

* Forex Profit by Buying and Selling at the same time

* Forex Divergance

* Forex ; 2 - Cross

* Forex ; Gbp / Jpy Cash Machine

FREE FOREX SIGNAL

Free Forex Signal, 11 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.10 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.5110
Avg. Daily Range : 200 point
BUY at 1.5016 Exit Target 15 pips
SELL at 1.4927 Exit Target 20 pips

GBP/USD
Pivot : 1.9265
Avg.Daily range : 186 point
BUY at 1.9286 Exit Target 15 pips
SELL at 1.9118 Exit Target 20 pips

USD/JPY
Pivot : 109.97
Avg.Daily range : 106 point
BUY at 110.27 Exit Target 15 pips
SELL at 109.28 Exit Target 20 pips

AUD/USD
Pivot : 0.8948
Avg.Daily range : 138 Point
BUY at 0.8912 Exit Target 15 pips
SELL at 0.8839 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0756
Avg. Daily range : 140 point
BUY at 1.0852 Exit Target 15 pips
SELL at 1.0783 Exit Target 20 pips

Usd/Cad
Pivot : 1.0627
Avg.Daily range : 114 point
BUY at 1.0699 Exit Target 15 pips
SELL at 1.0634 Exit Target 20 pips

GOLD
Pivot : 860.04
Avg.Daily range : 2069 point
BUY at 865.90 Exit Target 150 pips
SELL at 856.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FOREX ; The Importance of Fibonacci levels in Trading

If there is one thing in the whole technical analysis panoply of tools, we would choose the Fibonacci retracement percentages ladder. It is not the place to enter into the theory behind these numbers but it is always amazing how well their use will help the trader-investor in his efforts to understand the markets gyrations.
There are many applications in which we can apply one variant or another of the Fibonacci numbers and their relationships, but our preferred one is this power of theirs to predict levels of retracements in a corrective phase.
In the classic technical analysis methodology, a correction should be between a third and two third of the previous move. Less than that, it would be viewed as a part of the trending move and not a correction. More than that would be considered a "deep correction" with a tendency to treat it as the first sign of weakness in the prevailing trend. The Fibonacci counterpart of one third is the 38.2% area and the one for two third is the 61.8% area.
Furthermore, the 50% retracement is considered the most common in the financial world of assets. Half is a nice point of reference and it seems at times that it is a prophecy that is fulfilling itself. So many traders look for this area for a re-action in the price, that many of them will come and buy or sell in this exact point. By doing so, they are creating the effect that they are waiting for.
Our visual aid is the weekly chart of the USDJPY with a daily chart insert. Look how many price moves have been retraced by EXACTLY 50% (back, blue, light green) and EXACTLY 61.8% (violet, orange). You can also find many more in the daily and intraday time frames.

How can we use this feature effectively? First, the trader should understand that the price and only the price is giving signals to go long or short. Any other indicator or tool is only helping. Some a bit more than others and we consider this one a great help. So, the thing to do is "to be ready" when the price arrives near the Fibonacci percentages.

If the correction suddenly stops and reverse, it is a good sign that the old trend is returning and to enter a position in its direction. Such a position should be protected by a very tight stop-loss over or under the Fibonacci level that was the limit of the reversal. For example: in the black correction (end of 2002) the trader would be prepared from 124-5. When the price did break the ascending channel, the trader should have taken a short with a SL at 125.75.
What about now?

The daily insert shows that the current correction up did not yet reach the 50% Fibonacci retracement. In view of the history in this pair, it is safe to say that there is a way to go to the upside for the USDJPY. We should be ready near 115-116 and then near 118 for the end of this move. If the JPY will go further, we should consider that a change in the main trend is in the cards.
---- by; Moshe Shalom -------

FOREX ; Creative with support and resistance

When the basic applications of technical indicator fail to explain the current market climate, we can experiment with a new and fresh look at the charts. The following (1-hour) chart shows a steady downtrend, with its expected support and resistance levels. Since the trend is to the downside, we should place more emphasize on our current resistance level; which is drawn by connecting the two most significant high prices.

Our anticipated support line may emerge as a parallel line (or our resistance line) dragged down to our most significant low price on the chart. Notice the red line measuring the entire length of the trend can be duplicated, and does a fine job at projecting our new potential support level, which may be an opportune time (and price) to take profits.

This phenomenon may be explained in the fact that the ratio or discrepancy of net buyers to sellers may not change very often as the market continues to take 2.8 steps forward, and 1.3 steps back, just as an example…

----- by Tm Long -----

FREE FOREX SIGNAL

Free Forex Signal, 08 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.20 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.5377
Avg. Daily Range : 145 point
BUY at 1.5272 Exit Target 15 pips
SELL at 1.5219 Exit Target 20 pips

GBP/USD
Pivot : 1.9459
Avg.Daily range : 133 point
BUY at 1.9427 Exit Target 15 pips
SELL at 1.9363 Exit Target 20 pips

USD/JPY
Pivot : 109.43
Avg.Daily range : 90 point
BUY at 109.77 Exit Target 15 pips
SELL at 109.11 Exit Target 20 pips

AUD/USD
Pivot : 0.9071
Avg.Daily range : 99 Point
BUY at 0.9057 Exit Target 15 pips
SELL at 0.8986 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0591
Avg. Daily range : 100 point
BUY at 1.0697 Exit Target 15 pips
SELL at 1.0603 Exit Target 20 pips

Usd/Cad
Pivot : 1.0508
Avg.Daily range : 85 point
BUY at 1.0559 Exit Target 15 pips
SELL at 1.0517 Exit Target 20 pips

GOLD
Pivot : 874.76
Avg.Daily range : 1856 point
BUY at 870.60 Exit Target 150 pips
SELL at 864.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FREE FOREX SIGNAL

Free Forex Signal, 07 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.20 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.5438
Avg. Daily Range : 118 point
BUY at 1.5443Exit Target 15 pips
SELL at 1.5392 Exit Target 20 pips

GBP/USD
Pivot : 1.9511
Avg.Daily range : 135 point
BUY at 1.9527 Exit Target 15 pips
SELL at 1.9468 Exit Target 20 pips

USD/JPY
Pivot : 109.26
Avg.Daily range : 121 point
BUY at 109.98 Exit Target 15 pips
SELL at 109.24 Exit Target 20 pips

AUD/USD
Pivot : 0.9128
Avg.Daily range : 117 Point
BUY at 0.9129 Exit Target 15 pips
SELL at 0.9079 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0562
Avg. Daily range : 96 point
BUY at 1.0608 Exit Target 15 pips
SELL at 1.0570 Exit Target 20 pips

Usd/Cad
Pivot : 1.0462
Avg.Daily range : 85 point
BUY at 1.0502 Exit Target 15 pips
SELL at 1.0457 Exit Target 20 pips

GOLD
Pivot : 879.20
Avg.Daily range : 1802 point
BUY at 882.50 Exit Target 150 pips
SELL at 876.20 Exit Target 150 pips

FREE FOREX SIGNAL

Free Forex Signal, 06 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.15 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.5492
Avg. Daily Range : 124 point
BUY at 1.5509 Exit Target 15 pips
SELL at 1.5436 Exit Target 20 pips

GBP/USD
Pivot : 1.9554
Avg.Daily range : 134 point
BUY at 1.9572 Exit Target 15 pips
SELL at 1.9508 Exit Target 20 pips

USD/JPY
Pivot : 108.13
Avg.Daily range : 88 point
BUY at 108.53 Exit Target 15 pips
SELL at 108.19 Exit Target 20 pips

AUD/USD
Pivot : 0.9192
Avg.Daily range : 120 Point
BUY at 0.9202 Exit Target 15 pips
SELL at 0.9145 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0530
Avg. Daily range : 86 point
BUY at 1.0562 Exit Target 15 pips
SELL at 1.0514 Exit Target 20 pips

Usd/Cad
Pivot : 1.0412
Avg.Daily range : 80 point
BUY at 1.0456 Exit Target 15 pips
SELL at 1.0412 Exit Target 20 pips

GOLD
Pivot : 880.66
Avg.Daily range : 2130 point
BUY at 882.70 Exit Target 150 pips
SELL at 872.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

Free Forex Signal

Free Forex Signal, 05 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.55 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.5585
Avg. Daily Range : 112 point
BUY at 1.5577 Exit Target 15 pips
SELL at 1.5509 Exit Target 20 pips

GBP/USD
Pivot : 1.9657
Avg.Daily range : 152 point
BUY at 1.9660 Exit Target 15 pips
SELL at 1.9572 Exit Target 20 pips

USD/JPY
Pivot : 107.97
Avg.Daily range :94 point
BUY at 108.34 Exit Target 15 pips
SELL at 108.06 Exit Target 20 pips

AUD/USD
Pivot : 0.9305
Avg.Daily range : 88 Point
BUY at 0.9287 Exit Target 15 pips
SELL at 0.9252 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0478
Avg. Daily range : 91 point
BUY at 1.0517 Exit Target 15 pips
SELL at 1.0486 Exit Target 20 pips

Usd/Cad
Pivot : 1.0334
Avg.Daily range :83 point
BUY at 1.0397 Exit Target 15 pips
SELL at 1.0348 Exit Target 20 pips

GOLD
Pivot : 903.65
Avg.Daily range : 2094 point
BUY at 896.00 Exit Target 150 pips
SELL at 889.80 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

FREE FOREX SIGNAL

Free Forex Signal, 04 August 2008
Update every day at 01.30 am GMT ( 08.30 WIB )

Today update 01.05 am GMT

All Pair – Stop loss 30 Pips

EUR/USD
Pivot : 1.5559
Avg. Daily Range : 117 point
BUY at 1.5592 Exit Target 15 pips
SELL at 1.5525 Exit Target 20 pips

GBP/USD
Pivot : 1.9772
Avg.Daily range : 139 point
BUY at 1.9972 Exit Target 15 pips
SELL at 1.9916 Exit Target 20 pips

USD/JPY
Pivot : 107.59
Avg.Daily range : 90 point
BUY at 107.79 Exit Target 15 pips
SELL at 107.27 Exit Target 20 pips

AUD/USD
Pivot : 0.9330
Avg.Daily range : 105 Point
BUY at 0.9320 Exit Target 15 pips
SELL at 0.9274 Exit Target 20 pips

CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )

USD/CHF
Pivot : 1.0490
Avg. Daily range : 89 point
BUY at 1.0497 Exit Target 15 pips
SELL at 1.0457 Exit Target 20 pips

Usd/Cad
Pivot : 1.0270
Avg.Daily range : 72 point
BUY at 1.0295 Exit Target 15 pips
SELL at 1.0263 Exit Target 20 pips

GOLD
Pivot : 909.47
Avg.Daily range :1873 point
BUY at 915.90 Exit Target 150 pips
SELL at 906.80 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )

Forex ; 5 x 5 Simple system

Just look what this trading strategy has to say. It's a simple yet quite promising Forex trading method. Trading strategies like this can only be discovered through a long and determined observation of the price behavior.

To start:
Currency: ANY
Time frame: 1 day
Indicators: 5 SMA, RSI 5

Entry rules: Buy when the price crosses over 5 SMA and makes + 10 pips up, the RSI must be over 50. Sell when the price crosses below the 5 SMA and makes +10 pips down, the RSI must be less than 50.
Exit rules: not set.

It is a very very simple system, yet with quite impressive results.
Always remember to take actions/enter the trade only after the signaling candle is closed.

This Strategy or trading idea can be used to create more advanced trading version.

Forex ; TrendTriggerMod

Mine is on 1 hour chart:
Two EMA of settings 5 and 15 - close
Two EMA of settings 144 and 169 - close- vegas 1 hour tunnel

asctrend2 for determining stop
MACD settings 12,26,9
RSI settings 21
Trend trigger mod

Entry long:
EMA 5 and 15 crossover upward
crossover of MACD lines upward
RSI(21) > 50
and TrendTriggerMod upward

Short entry:
EMA 5 and 15 crossover downward
crossover of MACD lines downward
RSI(21) < 50
and TrendTriggerMod downward

Hint1: do not make the trade if trendtriggermod do not agree the others
Hint2: beware of the 2 EMA's 144 and 169 They work well as Support and
Resistance

Exit: Use new crossover of MACD lines

Stop loss depends on asctrend2 or use ATR(14)*2"

----- by; Munzer – FSRvl -------

Forex Tips and Strategy

Forex ; Simple Breakouts system
The idea behind this simple Forex trading system is to capture an early move of the price when it starts to establish its new direction/trend for the day.

As we know the Frankfurt market opens at 2:00 am EST (which is 7:00 am GMT), then an hour later the other giant - London market opens at 3:00 am EST (which is 8:00 am GMT). The European session is the first major session for each coming day.

So, what do we do?
We start with 1 hour time frame, preferred pair - GBP/USD and no indicators.
The price range we are going to focus on is from 1:00 am EST to 2:00 am EST.
We look for the highest high and the lowest low of the price in that range and simply draw parallel horizontal lines through those extremes that will create a tunnel.

Now we are ready to move to a smaller time frame - 5 minute chart - and watch for the whole 5 min candle to close outside the tunnel which will provide a signal for us to enter with the open of the next candle.

We use a 20 pip stop OR the other side of the tunnel - whichever is less.



We are aiming at at least 20 pips profit. After that we have several options: lock the profit in, start "chasing" the price with a trailing stop by placing the stop just below the lowest low of the previous 5 min candle, or simply exit within the three consecutive hourly candles from the moment the trading order was filled.

----- by; Ayetemimowa ; FSRvl -----

Forex Tips and Strategy

Forex ; moving average tunnels

- 1H (of 30MIN, but you will get more whipsaws) candlesticks/bar charts
- 18 EMA & 28 EMA (put them in red)
- 5 WMA (in blue) & 12 WMA (in yellow)
- RSI = 21

The 18 EMA & 28 EMA are two red lines who form a tunnel, these will help you to determine
the start of a rend and the end of a trend.
Long term

The 5 WMA & 12 WMA will show you when to enter a trend, they will also
help you to see the strength of the trends. Short term

Entry Signals
You should only open a position, when the red tunnel is extremely narrow or crossed !

LONG: 5 WMA & 12 WMA cross the red tunnel upwards.
If the 5 WMA also crosses the 12 WMA upwards, then the signal is extra strong.
RSI >50

SHORT: 5 WMA & 12 WMA cross the red tunnel downwards.
If the 5 WMA also crosses the 12 WMA downwards, then the signal is extra strong.
RSI<50

Exit Signals

Signals that show the end of the chosen trend
- Long: The price has reached a top and 5 WMA dives under 12 WMA
Close position

- Short: The price has reached a bottom and 5 WMA jumps above 12 WMA
Close position

Always close your position when boundaries of the red tunnel cross eachother
or when they become so narrow that they are one! This is a clear sign of a trend reversal.
After you see this, close your position and open a new position in the other way
(If you were long, close, open a short position)

When in a trade and the 5 WMA & 12 WMA cross the red tunnel ->
Pay attention! As long as the red tunnel boundaries doesn’t cross
eachother there is no problem, but often this is a sign that they will!"

----- by; Teodosi ; FSRvl--------