Forex Trading System
The "RickyD" System
After many attempts I found the only way to get it was write down what I did and thought about as I was trading and that is what has become the Ricky D Strategy / System.
I have worked the settings on these indicators until they work. They can be used on the 15, 30 minute, and 1 hour with success. They will even work fairly well on the 5 minute if anything really does. I like to use the 30 minute and just so you know I don't check other time frames, I just park and trust the indicators.
I trade the 4 majors and trade from 2:00AM till about 10:00AM or the volume drops EST or (-5 GMT). I try not to be in a trade during news releases.
I have found as many have said, a trend is not a trend until it starts to move. I follow what the chart is doing, not what I think it will do. I used to give up to many good trades thinking the market was in a certain trend. My bias did not help me but hurt me and my trades. You can only act upon what is happening on the charts so anything else will kill your trades.
Four Indicators:
CCI (5) Line at +100, 0, and -100
Forecast Oscillator: Rperiod (15) t3_period (3) and b(0.7) Line at 0
Relative Vigor Index (1) Line at 0
ADX (14) Line at 20
(“Pivot” custom indicators / BT1 / BT2Sig / BT2Stop / Volume /)
Directional Indicators:
5MA (Linear Weighted/Close) Red
20MA (Linear Weighted/Close) Blue
100MA (Linear Weighted/Close) Green
200MA (Linear Weighted/Close) Sandal wood
* The cross of the 5MA with the 20 MA favors the direction of the trade, (5MA on top favors Long trade, 5MA on bottom favors Short trade. And don’t trade too close to the 100MA, acts as a resistance line).
Entry (Long):
The CCI needs to be greater than (0).
Forecast Oscillator needs to have both lines above the 0 line with the blue line on top.
The RVI needs to have both lines above the 0 line and the style (Blue) line on top.
The ADX Main and DI+ need to be at least 20 and rising.
No BT2Stop in the way of the entry bar.
Must be 15 pips away from a support or resistance line. (“Pivot” in custom indicator folder)
The 100MA(LW/Close) no closer than 20 pips in the direction of the entry.
Entry (Short):
The CCI needs to be less than (0).
Forecast Oscillator needs to have both lines below the 0 line with the red line on top.
The RVI needs to have both lines below the 0 line and the red line on top.
The ADX Main and the DI- need to be at least 20 and rising.
No BT2Stop in the way of the entry bar.
Must be 15 pips or more away from support or resistance line.
The 100MA(LW/Close) no closer than 20 pips in the direction of the entry.
Exit: The RVI lines cross with the wrong color on top and a slight separation in them (0.2) (or) the RVI Style line crosses the 0 line against the trade. (up while in a short / down while in a long) which ever happens first.
Tuesday, September 30, 2008
Monday, September 29, 2008
Free Forex Signal
Free Forex Signal, 30 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 01.40 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4420
Avg. Daily Range : 242 point
BUY at 1.4434 Exit Target 15 pips
SELL at 1.4354 Exit Target 20 pips
GBP/USD
Pivot : 1.8105
Avg.Daily range : 302 point
BUY at 1.8078 Exit Target 15 pips
SELL at 1.7967 Exit Target 20 pips
USD/JPY
Pivot : 104.90
Avg.Daily range : 212 point
BUY at 104.02 Exit Target 15 pips
SELL at 103.31Exit Target 20 pips
AUD/USD
Pivot : 0.8094
Avg.Daily range : 244 Point
BUY at 0.8060 Exit Target 15 pips
SELL at 0.7914 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.0926
Avg. Daily range : 204 point
BUY at 1.0988 Exit Target 15 pips
SELL at 1.0878Exit Target 20 pips
Usd/Cad
Pivot : 1.0407
Avg.Daily range : 123 point
BUY at 1.0486 Exit Target 15 pips
SELL at 1.0439 Exit Target 20 pips
GOLD
Pivot : 898.71
Avg.Daily range : 4791 point
BUY at 916.10 Exit Target 150 pips
SELL at 897.90 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Sunday, September 28, 2008
Free Forex Signal
Free Forex Signal, 29 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 02.05 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4617
Avg. Daily Range : 216 point
BUY at 1.4519 Exit Target 15 pips
SELL at 1.4477 Exit Target 20 pips
GBP/USD
Pivot : 1.8413
Avg.Daily range : 235 point
BUY at 1.8304 Exit Target 15 pips
SELL at 1.8254 Exit Target 20 pips
USD/JPY
Pivot : 105.83
Avg.Daily range : 164 point
BUY at 107.05 Exit Target 15 pips
SELL at 106.51Exit Target 20 pips
AUD/USD
Pivot : 0.8300
Avg.Daily range : 180 Point
BUY at 0.8347 Exit Target 15 pips
SELL at 0.8263 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.0882
Avg. Daily range : 159 point
BUY at 1.0989 Exit Target 15 pips
SELL at 1.0942 Exit Target 20 pips
Usd/Cad
Pivot : 1.0347
Avg.Daily range : 109 point
BUY at 1.0375 Exit Target 15 pips
SELL at 1.0334 Exit Target 20 pips
GOLD
Pivot : 884.87
Avg.Daily range : 4065 point
BUY at 880.90 Exit Target 150 pips
SELL at 865.90 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 02.05 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4617
Avg. Daily Range : 216 point
BUY at 1.4519 Exit Target 15 pips
SELL at 1.4477 Exit Target 20 pips
GBP/USD
Pivot : 1.8413
Avg.Daily range : 235 point
BUY at 1.8304 Exit Target 15 pips
SELL at 1.8254 Exit Target 20 pips
USD/JPY
Pivot : 105.83
Avg.Daily range : 164 point
BUY at 107.05 Exit Target 15 pips
SELL at 106.51Exit Target 20 pips
AUD/USD
Pivot : 0.8300
Avg.Daily range : 180 Point
BUY at 0.8347 Exit Target 15 pips
SELL at 0.8263 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.0882
Avg. Daily range : 159 point
BUY at 1.0989 Exit Target 15 pips
SELL at 1.0942 Exit Target 20 pips
Usd/Cad
Pivot : 1.0347
Avg.Daily range : 109 point
BUY at 1.0375 Exit Target 15 pips
SELL at 1.0334 Exit Target 20 pips
GOLD
Pivot : 884.87
Avg.Daily range : 4065 point
BUY at 880.90 Exit Target 150 pips
SELL at 865.90 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Friday, September 26, 2008
Forex Indicator
Forex ; Fibonacci Swing
We were asked to post some strategies that will work on smaller time frames.
Here is one very nice trading system that can be worth your attention.
When a trader chooses to use small time frames (like 10 min, 15 min, 30 min even 1 hour) risks to be wrong are always higher than with larger time frames.
Therefore, it is very important to have a really good Forex trading system that can advise on entries with high chances to win and what's more important it should be able to tell exactly where to exit without need to constantly monitor the price.
Note also, the more traders look at charts, the more they tend to have controversial feelings about the success of a current open trade...
With all this long introduction, it is only left to mention that this strategy will require from traders basic knowledge of use of Fibonacci tool.
What is Fibonacci tool and how to use it? Simply Google "forex fibonacci" phrase and you'll find a lot of information about it.
...This is probably the only reason we classified this trading system as Complex one, not every trader is comfortable with using Fibonacci studies in Forex.
Trading setup:
Time frame: any over 5 min and less than 3 hour.
Currency pairs: any.
Indicators: 5 WMA
Rules:
Look at the price waves. Find the most recent swing high and the most recent swing low = so called Fibonacci A swing and B swing.
Pull Fibonacci from A to B.
To know which direction to pull (up or down) simply look at the trend; if it is unclear, find appropriate AB swings and set Fibonacci in both directions.
Once set, wait and watch the retracement from AB swing to unfold.
During the retracement there are three conditions to be met in order to consider trading:
1. The price must touch 5 WMA.
2. The price must at least touch 0.382 Fibonacci retracement level.
3. The 0.618 Fibonacci retracement level must not fail. Here it means the price should not close below (uptrend) / above (downtrend) 0.618 retracement line. It can touch or poke it, but the level must withstand the "attack".
When all three criteria are met, enter once the candle is clearly closed above 5 WMA for Long entry, below - for Short.
Stop order is placed always 4-5 pips above (downtrend) / below (uptrend) the 0.618 Fibonacci retracement level.
Profit target is set to 1.618 Fibonacci expansion level derived from point A.
We were asked to post some strategies that will work on smaller time frames.
Here is one very nice trading system that can be worth your attention.
When a trader chooses to use small time frames (like 10 min, 15 min, 30 min even 1 hour) risks to be wrong are always higher than with larger time frames.
Therefore, it is very important to have a really good Forex trading system that can advise on entries with high chances to win and what's more important it should be able to tell exactly where to exit without need to constantly monitor the price.
Note also, the more traders look at charts, the more they tend to have controversial feelings about the success of a current open trade...
With all this long introduction, it is only left to mention that this strategy will require from traders basic knowledge of use of Fibonacci tool.
What is Fibonacci tool and how to use it? Simply Google "forex fibonacci" phrase and you'll find a lot of information about it.
...This is probably the only reason we classified this trading system as Complex one, not every trader is comfortable with using Fibonacci studies in Forex.
Trading setup:
Time frame: any over 5 min and less than 3 hour.
Currency pairs: any.
Indicators: 5 WMA
Rules:
Look at the price waves. Find the most recent swing high and the most recent swing low = so called Fibonacci A swing and B swing.
Pull Fibonacci from A to B.
To know which direction to pull (up or down) simply look at the trend; if it is unclear, find appropriate AB swings and set Fibonacci in both directions.
Once set, wait and watch the retracement from AB swing to unfold.
During the retracement there are three conditions to be met in order to consider trading:
1. The price must touch 5 WMA.
2. The price must at least touch 0.382 Fibonacci retracement level.
3. The 0.618 Fibonacci retracement level must not fail. Here it means the price should not close below (uptrend) / above (downtrend) 0.618 retracement line. It can touch or poke it, but the level must withstand the "attack".
When all three criteria are met, enter once the candle is clearly closed above 5 WMA for Long entry, below - for Short.
Stop order is placed always 4-5 pips above (downtrend) / below (uptrend) the 0.618 Fibonacci retracement level.
Profit target is set to 1.618 Fibonacci expansion level derived from point A.
Thursday, September 25, 2008
FREE FOREX SIGNAL
Free Forex Signal, 26 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 02.15 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4649
Avg. Daily Range : 252 point
BUY at 1.4693 Exit Target 15 pips
SELL at 1.4629 Exit Target 20 pips
GBP/USD
Pivot : 1.8449
Avg.Daily range : 318 point
BUY at 1.8463 Exit Target 15 pips
SELL at 1.8348 Exit Target 20 pips
USD/JPY
Pivot : 106.30
Avg.Daily range : 169 point
BUY at 106.10 Exit Target 15 pips
SELL at 105.65Exit Target 20 pips
AUD/USD
Pivot : 0.8361
Avg.Daily range : 186 Point
BUY at 0.8382 Exit Target 15 pips
SELL at 0.8347 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.0876
Avg. Daily range : 180 point
BUY at 1.0860 Exit Target 15 pips
SELL at 1.0820 Exit Target 20 pips
Usd/Cad
Pivot : 1.0342
Avg.Daily range : 129 point
BUY at 1.0347 Exit Target 15 pips
SELL at 1.0325 Exit Target 20 pips
GOLD
Pivot : 878.55
Avg.Daily range : 3771 point
BUY at 883.30 Exit Target 150 pips
SELL at 870.80 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Wednesday, September 24, 2008
FOREX INDICATOR
Forex Indicator Report
Be Prepared! U.S. New Home Sales at 14:00 GMT.
We encourage our customers to get involved in the most intense market events. As such, we think you should know that the U.S. New Home Sales figures are expected tomorrow, September 25th, 14:00 (GMT), and you need to be prepared. Market events like this one tend to create either big changes to current trends or push current trends even further. Generally, the Majors are the ones most affected by market events in general, but Crude Oil, Gold prices, and even the price of Silver can change dramatically in the seconds after such a publication. For more information about the U.S. New Home Sales, please read below.
What is the U.S. New Home Sales?
U.S. New Home Sales is a leading economic indicator used to measure the annual number of new single-family homes that were sold during the previous month. While this is a monthly figure, it is reported in an annualized format. This report predominantly helps to validate trends seen in other forward-looking housing indicators, such as the Existing Home Sales.
It is a leading indicator of economic health because the sale of a new home impacts a wide variety of consumer spending, such as furniture and appliances that are purchased for the home, a mortgage that's being sold by the financing bank, and brokers that are paid to execute the transaction. Also important is the inclusion of mandatory and optional insurance on these new homes.
As a result of the mortgage crisis in the U.S., which has continued to threaten world markets, the importance of the housing sector has increased significantly.
Expectations for this month are suggesting that the U.S. New Home Sales will reach 510K in August, reflecting a 5K decrease since July. Such a result could demonstrate a shrinking housing sector in the U.S., which has been one of the U.S. economy's greatest concerns. It is widely known that this crisis was initiated as a result of the non-covered mortgages that dropped mortgage banks one by one, and have just recently taken the 160-year-old Lehman Brothers bank to the point of filing for bankruptcy protection. A decreasing figure will most likely be interpreted by investors as yet more proof that the American people are avoiding buying new homes, and that the mortgage banks are reluctant to offer mortgages as freely as they used to. Such a scenario will probably extend the greenback's bearish movement, and the EUR/USD might rise to test the 1.4800 level.
When the actual figure is higher than forecasted, traders are likely to see the USD appreciate against its currency pairs and crosses. The radical trading week we have just experienced, which included an extremely volatile trading session, concluded with significant weakness for the USD. Investors are now following the opportunity to make profits out of their open positions on the USD, and a better-than-expected figure on the New Home Sales survey, such as 540K will possibly provide them that exact opportunity. Such a figure is good because it will ease global market concerns regarding an expanding mortgage crisis. U.S. citizens feeling confident enough to purchase new homes is the best news that the American leadership can hope for, and the USD will rise in accordance. In this turn of events, the EUR/USD might correct itself down to reach as low as the 1.4400 level.
---- by; myForex Brokers ------
Be Prepared! U.S. New Home Sales at 14:00 GMT.
We encourage our customers to get involved in the most intense market events. As such, we think you should know that the U.S. New Home Sales figures are expected tomorrow, September 25th, 14:00 (GMT), and you need to be prepared. Market events like this one tend to create either big changes to current trends or push current trends even further. Generally, the Majors are the ones most affected by market events in general, but Crude Oil, Gold prices, and even the price of Silver can change dramatically in the seconds after such a publication. For more information about the U.S. New Home Sales, please read below.
What is the U.S. New Home Sales?
U.S. New Home Sales is a leading economic indicator used to measure the annual number of new single-family homes that were sold during the previous month. While this is a monthly figure, it is reported in an annualized format. This report predominantly helps to validate trends seen in other forward-looking housing indicators, such as the Existing Home Sales.
It is a leading indicator of economic health because the sale of a new home impacts a wide variety of consumer spending, such as furniture and appliances that are purchased for the home, a mortgage that's being sold by the financing bank, and brokers that are paid to execute the transaction. Also important is the inclusion of mandatory and optional insurance on these new homes.
As a result of the mortgage crisis in the U.S., which has continued to threaten world markets, the importance of the housing sector has increased significantly.
Expectations for this month are suggesting that the U.S. New Home Sales will reach 510K in August, reflecting a 5K decrease since July. Such a result could demonstrate a shrinking housing sector in the U.S., which has been one of the U.S. economy's greatest concerns. It is widely known that this crisis was initiated as a result of the non-covered mortgages that dropped mortgage banks one by one, and have just recently taken the 160-year-old Lehman Brothers bank to the point of filing for bankruptcy protection. A decreasing figure will most likely be interpreted by investors as yet more proof that the American people are avoiding buying new homes, and that the mortgage banks are reluctant to offer mortgages as freely as they used to. Such a scenario will probably extend the greenback's bearish movement, and the EUR/USD might rise to test the 1.4800 level.
When the actual figure is higher than forecasted, traders are likely to see the USD appreciate against its currency pairs and crosses. The radical trading week we have just experienced, which included an extremely volatile trading session, concluded with significant weakness for the USD. Investors are now following the opportunity to make profits out of their open positions on the USD, and a better-than-expected figure on the New Home Sales survey, such as 540K will possibly provide them that exact opportunity. Such a figure is good because it will ease global market concerns regarding an expanding mortgage crisis. U.S. citizens feeling confident enough to purchase new homes is the best news that the American leadership can hope for, and the USD will rise in accordance. In this turn of events, the EUR/USD might correct itself down to reach as low as the 1.4400 level.
---- by; myForex Brokers ------
Free Forex Signal
Free Forex Signal, 25 September 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 : 1.4655
Avg. Daily Range : 236 point
BUY at 1.4686 Exit Target 15 pips
SELL at 1.4627 Exit Target 20 pips
GBP/USD
Pivot : 1.8514
Avg.Daily range : 245 point
BUY at 1.8545 Exit Target 15 pips
SELL at 1.8485 Exit Target 20 pips
USD/JPY
Pivot : 105.95
Avg.Daily range : 156 point
BUY at 106.20 Exit Target 15 pips
SELL at 105.92 Exit Target 20 pips
AUD/USD
Pivot : 0.8360
Avg.Daily range : 194 Point
BUY at 0.8370 Exit Target 15 pips
SELL at 0.8314 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.0893
Avg. Daily range : 183 point
BUY at 1.0907 Exit Target 15 pips
SELL at 1.0872 Exit Target 20 pips
Usd/Cad
Pivot : 1.0369
Avg.Daily range : 131 point
BUY at 1.0383 Exit Target 15 pips
SELL at 1.0361 Exit Target 20 pips
GOLD
Pivot : 886.28
Avg.Daily range : 3739 point
BUY at 891.90 Exit Target 150 pips
SELL at 879.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Tuesday, September 23, 2008
Free Forex Signal
Free Forex Signal, 24 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 : 1.4705
Avg. Daily Range : 262 point
BUY at 1.4732 Exit Target 15 pips
SELL at 1.4636 Exit Target 20 pips
GBP/USD
Pivot : 1.8549
Avg.Daily range : 267 point
BUY at 1.8578 Exit Target 15 pips
SELL at 1.8529 Exit Target 20 pips
USD/JPY
Pivot : 105.69
Avg.Daily range : 166 point
BUY at 105.68 Exit Target 15 pips
SELL at 105.24Exit Target 20 pips
AUD/USD
Pivot : 0.8364
Avg.Daily range : 224 Point
BUY at 0.8363 Exit Target 15 pips
SELL at 0.8312 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.0821
Avg. Daily range : 195 point
BUY at 1.0895 Exit Target 15 pips
SELL at 1.0798 Exit Target 20 pips
Usd/Cad
Pivot : 1.0365
Avg.Daily range : 141 point
BUY at 1.0375 Exit Target 15 pips
SELL at 1.0334 Exit Target 20 pips
GOLD
Pivot : 891.36
Avg.Daily range : 4080 point
BUY at 885.00 Exit Target 150 pips
SELL at 872.20 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Monday, September 22, 2008
Privacy Statement
Privacy Policy for http://forexsignalindicator.blogspot.com
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You should consult the respective privacy policies of these third-party ad servers for more detailed information on their practices as well as for instructions about how to opt-out of certain practices. forexsignalindicator.blogspot.com's privacy policy does not apply to, and we cannot control the activities of, such other advertisers or web sites.
If you wish to disable cookies, you may do so through your individual browser options. More detailed information about cookie management with specific web browsers can be found at the browsers' respective websites.
If you require any more information or have any questions about our privacy policy, please feel free to contact us by email at ekurnia76@gmail.com.
At forexsignalindicator.blogspot.com, the privacy of our visitors is of extreme importance to us. This privacy policy document outlines the types of personal information is received and collected by forexsignalindicator.blogspot.com and how it is used.
Log Files
Like many other Web sites, forexsignalindicator.blogspot.com makes use of log files. The information inside the log files includes internet protocol ( IP ) addresses, type of browser, Internet Service Provider ( ISP ), date/time stamp, referring/exit pages, and number of clicks to analyze trends, administer the site, track user’s movement around the site, and gather demographic information. IP addresses, and other such information are not linked to any information that is personally identifiable.
Cookies and Web Beacons
forexsignalindicator.blogspot.com does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser.
Some of our advertising partners may use cookies and web beacons on our site. Our advertising partners include Google Adsense, .
These third-party ad servers or ad networks use technology to the advertisements and links that appear on forexsignalindicator.blogspot.com send directly to your browsers. They automatically receive your IP address when this occurs. Other technologies ( such as cookies, JavaScript, or Web Beacons ) may also be used by the third-party ad networks to measure the effectiveness of their advertisements and / or to personalize the advertising content that you see.
forexsignalindicator.blogspot.com has no access to or control over these cookies that are used by third-party advertisers.
You should consult the respective privacy policies of these third-party ad servers for more detailed information on their practices as well as for instructions about how to opt-out of certain practices. forexsignalindicator.blogspot.com's privacy policy does not apply to, and we cannot control the activities of, such other advertisers or web sites.
If you wish to disable cookies, you may do so through your individual browser options. More detailed information about cookie management with specific web browsers can be found at the browsers' respective websites.
Sunday, September 21, 2008
FREE FOREX SIGNAL
Free Forex Signal, 22 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 : 1.4366
Avg. Daily Range : 285 point
BUY at 1.4502 Exit Target 15 pips
SELL at 1.4408 Exit Target 20 pips
GBP/USD
Pivot : 1.8200
Avg.Daily range : 353 point
BUY at 1.8347 Exit Target 15 pips
SELL at 1.8259 Exit Target 20 pips
USD/JPY
Pivot : 106.97
Avg.Daily range : 221 point
BUY at 107.07 Exit Target 15 pips
SELL at106.19 Exit Target 20 pips
AUD/USD
Pivot : 0.8231
Avg.Daily range : 264 Point
BUY at 0.8336 Exit Target 15 pips
SELL at 0.8247Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1100
Avg. Daily range : 213 point
BUY at 1.1047 Exit Target 15 pips
SELL at 1.0980 Exit Target 20 pips
Usd/Cad
Pivot : 1.0519
Avg.Daily range : 172 point
BUY at 1.0508 Exit Target 15 pips
SELL at 1.0460 Exit Target 20 pips
GOLD
Pivot : 857.57
Avg.Daily range : 4385 point
BUY at 874.10 Exit Target 150 pips
SELL at 860.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Thursday, September 18, 2008
FREE FOREX SIGNAL
Free Forex Signal, 19 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry…Internet Connc. Problem
Today update 03.45 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4374
Avg. Daily Range : 253 point
BUY at 1.4286 Exit Target 15 pips
SELL at 1.4172 Exit Target 20 pips
GBP/USD
Pivot : 1.8166
Avg.Daily range : 269 point
BUY at 1.8114 Exit Target 15 pips
SELL at 1.7963 Exit Target 20 pips
USD/JPY
Pivot : 105.12
Avg.Daily range : 190 point
BUY at 107.09 Exit Target 15 pips
SELL at106.34 Exit Target 20 pips
AUD/USD
Pivot : 0.7996
Avg.Daily range : 221 Point
BUY at 0.8107 Exit Target 15 pips
SELL at 0.8034 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1022
Avg. Daily range : 179 point
BUY at 1.1193 Exit Target 15 pips
SELL at 1.1116 Exit Target 20 pips
Usd/Cad
Pivot : 1.0625
Avg.Daily range : 144 point
BUY at 1.0654 Exit Target 15 pips
SELL at 1.0595 Exit Target 20 pips
GOLD
Pivot : 867.95
Avg.Daily range : 4740 point
BUY at 865.70 Exit Target 150 pips
SELL at 825.20 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Forex Indicator
Forex ; EMA-WMA strategy
What do you need:
1. one hour or 30 minutes timeframe
2. 18-period EMA and 29-period EMA (draw them using red)
3. 5-period WMA and 12-period WMA (draw them using yellow)
18 and 29-period EMA are two red lines which form a tunnel, this helps you to predict the trend. 5 and 12-period WMA shows you when to enter the trend, and how strong the trend is on a short term.
When the red tunnel is narrow, or thew two lines form only one line, you should open a position according to the following rules:
1. Go long when the 5 and 12-period WMA are crossed, the red tunnel is up.
2. Go short when the 5 and 12-period WMA are crossed, the red tunnel is down.
Close your positions according to the following rules:
1. The price reached the high, and 5-period WMA goes under 12-period WMA. Close all your long positions.
2. The price reached the bottom, and 5-period WMA goes beyond 12-period WMA. Close all your short positions.
When the red tunnel is crossed, close all your positions, because a trend reversal is about to come.
What do you need:
1. one hour or 30 minutes timeframe
2. 18-period EMA and 29-period EMA (draw them using red)
3. 5-period WMA and 12-period WMA (draw them using yellow)
18 and 29-period EMA are two red lines which form a tunnel, this helps you to predict the trend. 5 and 12-period WMA shows you when to enter the trend, and how strong the trend is on a short term.
When the red tunnel is narrow, or thew two lines form only one line, you should open a position according to the following rules:
1. Go long when the 5 and 12-period WMA are crossed, the red tunnel is up.
2. Go short when the 5 and 12-period WMA are crossed, the red tunnel is down.
Close your positions according to the following rules:
1. The price reached the high, and 5-period WMA goes under 12-period WMA. Close all your long positions.
2. The price reached the bottom, and 5-period WMA goes beyond 12-period WMA. Close all your short positions.
When the red tunnel is crossed, close all your positions, because a trend reversal is about to come.
Wednesday, September 17, 2008
FREE FOREX SIGNAL
Free Forex Signal, 18 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 02.15 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4267
Avg. Daily Range : 252 point
BUY at 1.4386 Exit Target 15 pips
SELL at 1.4279 Exit Target 20 pips
GBP/USD
Pivot : 1.8052
Avg.Daily range : 336 point
BUY at 1.8242 Exit Target 15 pips
SELL at 1.8116 Exit Target 20 pips
USD/JPY
Pivot : 105.04
Avg.Daily range : 211 point
BUY at 104.95 Exit Target 15 pips
SELL at 104.03 Exit Target 20 pips
AUD/USD
Pivot : 0.7916
Avg.Daily range : 231 Point
BUY at 0.7960 Exit Target 15 pips
SELL at 0.7901 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1085
Avg. Daily range : 183 point
BUY at 1.1018 Exit Target 15 pips
SELL at 1.0956 Exit Target 20 pips
Usd/Cad
Pivot : 1.0711
Avg.Daily range : 153 point
BUY at 1.0703 Exit Target 15 pips
SELL at 1.0650 Exit Target 20 pips
GOLD
Pivot : 834.88
Avg.Daily range : 4646 point
BUY at 891.70 Exit Target 150 pips
SELL at 852.20 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Tuesday, September 16, 2008
Free Forex Signal
Free Forex Signal, 17 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 02.00 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4150
Avg. Daily Range : 223 point
BUY at 1.4234 Exit Target 15 pips
SELL at 1.4152Exit Target 20 pips
GBP/USD
Pivot : 1.7851
Avg.Daily range : 272 point
BUY at 1.7922 Exit Target 15 pips
SELL at 1.7814 Exit Target 20 pips
USD/JPY
Pivot : 105.15
Avg.Daily range : 203 point
BUY at 106.78 Exit Target 15 pips
SELL at 105.77 Exit Target 20 pips
AUD/USD
Pivot : 0.7957
Avg.Daily range : 202 Point
BUY at 0.8094 Exit Target 15 pips
SELL at 0.8014 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1172
Avg. Daily range : 159 point
BUY at 1.1243 Exit Target 15 pips
SELL at 1.1161 Exit Target 20 pips
Usd/Cad
Pivot : 1.0711
Avg.Daily range : 119 point
BUY at 1.0711 Exit Target 15 pips
SELL at 1.0654 Exit Target 20 pips
GOLD
Pivot : 779.76
Avg.Daily range : 2116 point
BUY at 785.80 Exit Target 150 pips
SELL at 779.00 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Monday, September 15, 2008
Forex Indicator Report
Be Prepared! US Federal Funds Rate - 16/09/2008 at 18:15 GMT.
We encourage our customers to get involved in the most intense market events. As such, we think you should know that US Federal Funds Rate figures are expected tomorrow, September 16th, 18:15 (GMT), and you need to be prepared. Market events like this one tend to create either big changes to current trends or push current trends even further. Generally, the Majors are the ones most affected by market events in general but Crude Oil, Gold prices, and even the price of Silver can change dramatically in the seconds after such a publication. For more information about the US Federal Funds Rate, please read below.
What is the US Federal Funds Rate?
The US Federal Funds Rate, or Interest Rates, is the rate at which banks lend balances held at the Federal Reserve to other banks overnight. This figure is released 8 times each year. It is important because short-term Interest Rates are the leading factor in determining the value of a currency.
In fact, most other economic indicators are used by traders to speculate about the future movement of these Interest Rates. This figure is decided on by the members of the Federal Open Market Committee (FOMC) who vote on where to set a "target rate," because the actual rate is set by the open market. It is a mechanism used by the Federal Reserve to regulate the supply of money in the US economy and has a direct impact on supply and demand for the USD.
According to the needs of the US economy, the FOMC will elect to increase, decrease, or leave the rate unchanged. Traders pay close attention to this figure as it has a strong correlation with the value of the US Dollar. If rates are cut, there will be an increase in the amount of USD in circulation making them grow weaker in value. If rates are increased, the exact opposite happens. Dollars are taken out of the economy to help contain inflation and strengthen the value of the USD.
If the Federal Funds Rate is Decreased
At present, market analysts are forecasting the Federal Funds Rate to be maintained at 2.0%. However, if Interest Rates are cut below the 2.0% mark, this would stipulate that the Fed is going to start buying securities. This might have the effect of lowering the value of the USD against its major currency pairs as traders will start selling USD during its devaluation.
If the Federal Funds Rate is Decreased
By decreasing the Interest Rates, it stimulates US economic growth by making it cheaper to get a mortgage or buy a car. This entices investors to put more money towards capital in the local economy. However, this change in the Interest Rate is always approached with caution. If rates are cut too far, the rapidly growing economy will force a sharp increase to the rate of inflation. As inflation raises, the cost of goods and services also rise and make the value of the dollar even weaker. When this happens it usually warrants a subsequent increase to the Federal Funds Rate.
Ultimately the Fed is trying to find the target interest rate that balances these factors. Traders should expect a call by the Fed to maintain present rates with a bias towards cutting these rates as the global economy is still witnessing a recessionary move. This should maintain the steady growth the USD has seen in recent weeks versus its major currency rivals.
If the Federal Funds Rate is Increased
Although the current forecast is predicting the Fed to hold Interest Rates steady, there is the possibility of an increase in this figure. If the Fed decides to enact such an increase in Interest Rates, it will begin selling securities. This will limit the amount of US currency in the market. If the Federal Funds Rate will indeed be increased, the upward momentum of the USD will take off as its value becomes much stronger versus its currency rivals.
This result is less likely for September 2008 seeing as such a move has the potential to cause a recession. Since the US economy is currently witnessing a recessionary move, an action such as this is not likely. It is far more possible that the Fed will indeed issue an order to maintain current rates, or to issue a cut in the target rate, than it would be for the Fed to issue an increase in the Federal Funds Rate at this time.
The best way to capture profits from the announcement of these rates is to be aware of their impact on the strength of the USD and trade accordingly.
-- by; myForexBroker ------
We encourage our customers to get involved in the most intense market events. As such, we think you should know that US Federal Funds Rate figures are expected tomorrow, September 16th, 18:15 (GMT), and you need to be prepared. Market events like this one tend to create either big changes to current trends or push current trends even further. Generally, the Majors are the ones most affected by market events in general but Crude Oil, Gold prices, and even the price of Silver can change dramatically in the seconds after such a publication. For more information about the US Federal Funds Rate, please read below.
What is the US Federal Funds Rate?
The US Federal Funds Rate, or Interest Rates, is the rate at which banks lend balances held at the Federal Reserve to other banks overnight. This figure is released 8 times each year. It is important because short-term Interest Rates are the leading factor in determining the value of a currency.
In fact, most other economic indicators are used by traders to speculate about the future movement of these Interest Rates. This figure is decided on by the members of the Federal Open Market Committee (FOMC) who vote on where to set a "target rate," because the actual rate is set by the open market. It is a mechanism used by the Federal Reserve to regulate the supply of money in the US economy and has a direct impact on supply and demand for the USD.
According to the needs of the US economy, the FOMC will elect to increase, decrease, or leave the rate unchanged. Traders pay close attention to this figure as it has a strong correlation with the value of the US Dollar. If rates are cut, there will be an increase in the amount of USD in circulation making them grow weaker in value. If rates are increased, the exact opposite happens. Dollars are taken out of the economy to help contain inflation and strengthen the value of the USD.
If the Federal Funds Rate is Decreased
At present, market analysts are forecasting the Federal Funds Rate to be maintained at 2.0%. However, if Interest Rates are cut below the 2.0% mark, this would stipulate that the Fed is going to start buying securities. This might have the effect of lowering the value of the USD against its major currency pairs as traders will start selling USD during its devaluation.
If the Federal Funds Rate is Decreased
By decreasing the Interest Rates, it stimulates US economic growth by making it cheaper to get a mortgage or buy a car. This entices investors to put more money towards capital in the local economy. However, this change in the Interest Rate is always approached with caution. If rates are cut too far, the rapidly growing economy will force a sharp increase to the rate of inflation. As inflation raises, the cost of goods and services also rise and make the value of the dollar even weaker. When this happens it usually warrants a subsequent increase to the Federal Funds Rate.
Ultimately the Fed is trying to find the target interest rate that balances these factors. Traders should expect a call by the Fed to maintain present rates with a bias towards cutting these rates as the global economy is still witnessing a recessionary move. This should maintain the steady growth the USD has seen in recent weeks versus its major currency rivals.
If the Federal Funds Rate is Increased
Although the current forecast is predicting the Fed to hold Interest Rates steady, there is the possibility of an increase in this figure. If the Fed decides to enact such an increase in Interest Rates, it will begin selling securities. This will limit the amount of US currency in the market. If the Federal Funds Rate will indeed be increased, the upward momentum of the USD will take off as its value becomes much stronger versus its currency rivals.
This result is less likely for September 2008 seeing as such a move has the potential to cause a recession. Since the US economy is currently witnessing a recessionary move, an action such as this is not likely. It is far more possible that the Fed will indeed issue an order to maintain current rates, or to issue a cut in the target rate, than it would be for the Fed to issue an increase in the Federal Funds Rate at this time.
The best way to capture profits from the announcement of these rates is to be aware of their impact on the strength of the USD and trade accordingly.
-- by; myForexBroker ------
FREE FOREX SIGNAL
Free Forex Signal, 16 September 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 : 1.4277
Avg. Daily Range : 265 point
BUY at 1.4329 Exit Target 15 pips
SELL at 1.4196 Exit Target 20 pips
GBP/USD
Pivot : 1.7965
Avg.Daily range : 281 point
BUY at 1.8022 Exit Target 15 pips
SELL at 1.7890 Exit Target 20 pips
USD/JPY
Pivot : 105.23
Avg.Daily range : 184 point
BUY at 104.70 Exit Target 15 pips
SELL at 103.97Exit Target 20 pips
AUD/USD
Pivot : 0.8107
Avg.Daily range : 218 Point
BUY at 0.7973 Exit Target 15 pips
SELL at 0.7905 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1154
Avg. Daily range : 164 point
BUY at 1.1221 Exit Target 15 pips
SELL at 1.1075 Exit Target 20 pips
Usd/Cad
Pivot : 1.0673
Avg.Daily range : 147 point
BUY at 1.0718 Exit Target 15 pips
SELL at 1.0675 Exit Target 20 pips
GOLD
Pivot : 779.19
Avg.Daily range : 2433 point
BUY at 783.60 Exit Target 150 pips
SELL at 777.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Sunday, September 14, 2008
FREE FOREX SIGNAL
Free Forex Signal, 15 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 02.15 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4140
Avg. Daily Range : 221 point
BUY at 1.4397 Exit Target 15 pips
SELL at 1.4268 Exit Target 20 pips
GBP/USD
Pivot : 1.7817
Avg.Daily range : 295 point
BUY at 1.8047 Exit Target 15 pips
SELL at 1.7910 Exit Target 20 pips
USD/JPY
Pivot : 107.55
Avg.Daily range : 138 point
BUY at 106.42 Exit Target 15 pips
SELL at106.02Exit Target 20 pips
AUD/USD
Pivot : 0.8161
Avg.Daily range : 209 Point
BUY at 0.8256 Exit Target 15 pips
SELL at 0.8152 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1335
Avg. Daily range : 135 point
BUY at 1.1218 Exit Target 15 pips
SELL at 1.1121 Exit Target 20 pips
Usd/Cad
Pivot : 1.0655
Avg.Daily range : 143 point
BUY at 1.0647 Exit Target 15 pips
SELL at 1.0586 Exit Target 20 pips
GOLD
Pivot : 758.87
Avg.Daily range :2350 point
BUY at 791.20 Exit Target 150 pips
SELL at 770.30 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Saturday, September 13, 2008
Forex Tips Strategy.
Forex ; Fozzy strategy
Fozzy strategy is becoming more and more popular because of it's simplicity and due to the fact that is quite mechanical, you dont have to spend hours in front of your computer.
Fozzy strategy is becoming more and more popular because of it's simplicity and due to the fact that is quite mechanical, you dont have to spend hours in front of your computer.
What you need:
1. 4 hours or daily timeframe
2. An 8 period RSI indicator
3. An 8 period simple MA
4. A 20 period Bollinger Bands
Go long when RSI is below the middle Bollinger Band and 8 period MA crosses RSI from below to above
Go short when RSI is above the middle Bollingter Band and 8 period MA crosses RSI from above to below
Use a stop loss equal to low/high of previous bar.
I close my positions when 8 period MA crosses the middle Bollinger Band, but you can always choose a different method, like setting up a fixed number, lets say 25 pips. Dont push it, wait for the cross to be clear and stable before opening a position, like in the attached picture
---- by; FxPalace-FxFozzy.------
Forex Indicator
FOREX INDICATOR . . . . II
# Forex; Bollinger Bands and Breaks
# Bullish & Bearish Technical Divergences
# Forex ; Another Scalping Technique
# Forex ; Trend trading with EMAs
# Forex ; Picking Tops and Bottoms
# Relative Strength - Not to be Confused With the RSI
When to trade and when to fade
Friday, September 12, 2008
Forex Tips Strategy.
Forex Strategy ; Another TrendTriggerMod ( III )
I am using this strategy and it works well with me
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) <>
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
Stop loss depends on asctrend2 or use ATR(14)*2"
Thursday, September 11, 2008
FREE FOREX SIGNAL
Free Forex Signal, 12 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry…Internet Connc. Problem….
Today update 03.15 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.3981
Avg. Daily Range : 193 point
BUY at 1.4034 Exit Target 15 pips
SELL at 1.3957 Exit Target 20 pips
GBP/USD
Pivot : 1.7552
Avg.Daily range : 218 point
BUY at 1.7607 Exit Target 15 pips
SELL at 1.7547 Exit Target 20 pips
USD/JPY
Pivot : 107.02
Avg.Daily range : 156 point
BUY at 107.43 Exit Target 15 pips
SELL at 106.81Exit Target 20 pips
AUD/USD
Pivot : 0.8021
Avg.Daily range : 191 Point
BUY at 0.8048 Exit Target 15 pips
SELL at 0.7997 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1381
Avg. Daily range : 127 point
BUY at 1.1398 Exit Target 15 pips
SELL at 1.1332 Exit Target 20 pips
Usd/Cad
Pivot : 1.0757
Avg.Daily range : 126 point
BUY at 1.0773 Exit Target 15 pips
SELL at 1.0731 Exit Target 20 pips
GOLD
Pivot : 747.20
Avg.Daily range : 2380 point
BUY at 753.90 Exit Target 150 pips
SELL at 747.30 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry…Internet Connc. Problem….
Today update 03.15 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.3981
Avg. Daily Range : 193 point
BUY at 1.4034 Exit Target 15 pips
SELL at 1.3957 Exit Target 20 pips
GBP/USD
Pivot : 1.7552
Avg.Daily range : 218 point
BUY at 1.7607 Exit Target 15 pips
SELL at 1.7547 Exit Target 20 pips
USD/JPY
Pivot : 107.02
Avg.Daily range : 156 point
BUY at 107.43 Exit Target 15 pips
SELL at 106.81Exit Target 20 pips
AUD/USD
Pivot : 0.8021
Avg.Daily range : 191 Point
BUY at 0.8048 Exit Target 15 pips
SELL at 0.7997 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1381
Avg. Daily range : 127 point
BUY at 1.1398 Exit Target 15 pips
SELL at 1.1332 Exit Target 20 pips
Usd/Cad
Pivot : 1.0757
Avg.Daily range : 126 point
BUY at 1.0773 Exit Target 15 pips
SELL at 1.0731 Exit Target 20 pips
GOLD
Pivot : 747.20
Avg.Daily range : 2380 point
BUY at 753.90 Exit Target 150 pips
SELL at 747.30 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Wednesday, September 10, 2008
FREE FOREX SIGNAL
Free Forex Signal, 11 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry..Internet Connc. Problem…
Today update 02.25 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4035
Avrg. Daily Range : 211 point
BUY at 1.4036 Exit Target 15 pips
SELL at 1.3935 Exit Target 20 pips
GBP/USD
Pivot : 1.7550
Avg.Daily range : 233 point
BUY at 1.7556 Exit Target 15 pips
SELL at 1.7465 Exit Target 20 pips
USD/JPY
Pivot : 1.0745
Avg.Daily range : 144 point
BUY at 107.68 Exit Target 15 pips
SELL at 107.23Exit Target 20 pips
AUD/USD
Pivot : 0.8010
Avg.Daily range : 188 Point
BUY at 0.8034 Exit Target 15 pips
SELL at 0.7975 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1344
Avg. Daily range : 150 point
BUY at 1.1393 Exit Target 15 pips
SELL at 1.1343 Exit Target 20 pips
Usd/Cad
Pivot : 1.0714
Avg.Daily range : 118 point
BUY at 1.0752 Exit Target 15 pips
SELL at 1.0719 Exit Target 20 pips
GOLD
Pivot : 761.36
Avg.Daily range : 2666 point
BUY at 760.40 Exit Target 150 pips
SELL at 746.60 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry..Internet Connc. Problem…
Today update 02.25 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4035
Avrg. Daily Range : 211 point
BUY at 1.4036 Exit Target 15 pips
SELL at 1.3935 Exit Target 20 pips
GBP/USD
Pivot : 1.7550
Avg.Daily range : 233 point
BUY at 1.7556 Exit Target 15 pips
SELL at 1.7465 Exit Target 20 pips
USD/JPY
Pivot : 1.0745
Avg.Daily range : 144 point
BUY at 107.68 Exit Target 15 pips
SELL at 107.23Exit Target 20 pips
AUD/USD
Pivot : 0.8010
Avg.Daily range : 188 Point
BUY at 0.8034 Exit Target 15 pips
SELL at 0.7975 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1344
Avg. Daily range : 150 point
BUY at 1.1393 Exit Target 15 pips
SELL at 1.1343 Exit Target 20 pips
Usd/Cad
Pivot : 1.0714
Avg.Daily range : 118 point
BUY at 1.0752 Exit Target 15 pips
SELL at 1.0719 Exit Target 20 pips
GOLD
Pivot : 761.36
Avg.Daily range : 2666 point
BUY at 760.40 Exit Target 150 pips
SELL at 746.60 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Tuesday, September 9, 2008
FREE FOREX SIGNAL
Free Forex Signal, 10 September 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 : 1.4129
Avg. Daily Range : 194 point
BUY at 1.4177 Exit Target 15 pips
SELL at 1.4058 Exit Target 20 pips
GBP/USD
Pivot : 1.7598
Avg.Daily range : 230 point
BUY at 1.7663 Exit Target 15 pips
SELL at 1.7565 Exit Target 20 pips
USD/JPY
Pivot : 107.22
Avg.Daily range : 148 point
BUY at 107.45 Exit Target 15 pips
SELL at 106.84Exit Target 20 pips
AUD/USD
Pivot : 0.8052
Avg.Daily range : 188 Point
BUY at 0.8080 Exit Target 15 pips
SELL at 0.7997 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1284
Avg. Daily range : 142 point
BUY at 1.1317 Exit Target 15 pips
SELL at 1.1251 Exit Target 20 pips
Usd/Cad
Pivot : 1.0683
Avg.Daily range : 133 point
BUY at 1.0732 Exit Target 15 pips
SELL at 1.0638 Exit Target 20 pips
GOLD
Pivot : 785.45
Avg.Daily range : 2543 point
BUY at 779.30 Exit Target 150 pips
SELL at 761.30 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
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 : 1.4129
Avg. Daily Range : 194 point
BUY at 1.4177 Exit Target 15 pips
SELL at 1.4058 Exit Target 20 pips
GBP/USD
Pivot : 1.7598
Avg.Daily range : 230 point
BUY at 1.7663 Exit Target 15 pips
SELL at 1.7565 Exit Target 20 pips
USD/JPY
Pivot : 107.22
Avg.Daily range : 148 point
BUY at 107.45 Exit Target 15 pips
SELL at 106.84Exit Target 20 pips
AUD/USD
Pivot : 0.8052
Avg.Daily range : 188 Point
BUY at 0.8080 Exit Target 15 pips
SELL at 0.7997 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1284
Avg. Daily range : 142 point
BUY at 1.1317 Exit Target 15 pips
SELL at 1.1251 Exit Target 20 pips
Usd/Cad
Pivot : 1.0683
Avg.Daily range : 133 point
BUY at 1.0732 Exit Target 15 pips
SELL at 1.0638 Exit Target 20 pips
GOLD
Pivot : 785.45
Avg.Daily range : 2543 point
BUY at 779.30 Exit Target 150 pips
SELL at 761.30 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Monday, September 8, 2008
FREE FOREX SIGNAL
Free Forex Signal, 09 September 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 : 1.4198
Avg. Daily Range : 240 point
BUY at 1.4125 Exit Target 15 pips
SELL at 1.4047 Exit Target 20 pips
GBP/USD
Pivot : 1.7675
Avg.Daily range : 303 point
BUY at 1.7583 Exit Target 15 pips
SELL at 1.7474 Exit Target 20 pips
USD/JPY
Pivot : 108.35
Avg.Daily range : 139 point
BUY at 108.09 Exit Target 15 pips
SELL at107.34Exit Target 20 pips
AUD/USD
Pivot : 0.8191
Avg.Daily range : 210 Point
BUY at 0.8150 Exit Target 15 pips
SELL at 0.8056 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1269
Avg. Daily range : 116 point
BUY at 1.1349 Exit Target 15 pips
SELL at 1.1256 Exit Target 20 pips
Usd/Cad
Pivot : 1.0643
Avg.Daily range : 144 point
BUY at 1.0683 Exit Target 15 pips
SELL at 1.0632 Exit Target 20 pips
GOLD
Pivot : 807.89
Avg.Daily range : 2261 point
BUY at 809.90 Exit Target 150 pips
SELL at 797.00 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
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 : 1.4198
Avg. Daily Range : 240 point
BUY at 1.4125 Exit Target 15 pips
SELL at 1.4047 Exit Target 20 pips
GBP/USD
Pivot : 1.7675
Avg.Daily range : 303 point
BUY at 1.7583 Exit Target 15 pips
SELL at 1.7474 Exit Target 20 pips
USD/JPY
Pivot : 108.35
Avg.Daily range : 139 point
BUY at 108.09 Exit Target 15 pips
SELL at107.34Exit Target 20 pips
AUD/USD
Pivot : 0.8191
Avg.Daily range : 210 Point
BUY at 0.8150 Exit Target 15 pips
SELL at 0.8056 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1269
Avg. Daily range : 116 point
BUY at 1.1349 Exit Target 15 pips
SELL at 1.1256 Exit Target 20 pips
Usd/Cad
Pivot : 1.0643
Avg.Daily range : 144 point
BUY at 1.0683 Exit Target 15 pips
SELL at 1.0632 Exit Target 20 pips
GOLD
Pivot : 807.89
Avg.Daily range : 2261 point
BUY at 809.90 Exit Target 150 pips
SELL at 797.00 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Sunday, September 7, 2008
FREE FOREX SIGNAL
Free Forex Signal, 08 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry…Internet Connc. Problem…
Today update 02.35 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4273
Avg. Daily Range : 163 point
BUY at 1.4452 Exit Target 15 pips
SELL at 1.4316 Exit Target 20 pips
GBP/USD
Pivot : 1.7647
Avg.Daily range : 199 point
BUY at 1.7948 Exit Target 15 pips
SELL at 1.7823 Exit Target 20 pips
USD/JPY
Pivot : 106.99
Avg.Daily range : 158 point
BUY at 108.86 Exit Target 15 pips
SELL at107.96 Exit Target 20 pips
AUD/USD
Pivot : 0.8137
Avg.Daily range : 174 Point
BUY at 0.8334 Exit Target 15 pips
SELL at 0.8219 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1145
Avg. Daily range : 124 point
BUY at 1.1202 Exit Target 15 pips
SELL at 1.1094 Exit Target 20 pips
Usd/Cad
Pivot : 1.0645
Avg.Daily range : 124 point
BUY at 1.0614 Exit Target 15 pips
SELL at 1.0538 Exit Target 20 pips
GOLD
Pivot : 803.04
Avg.Daily range : 2481 point
BUY at 818.30 Exit Target 150 pips
SELL at 809.50 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry…Internet Connc. Problem…
Today update 02.35 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4273
Avg. Daily Range : 163 point
BUY at 1.4452 Exit Target 15 pips
SELL at 1.4316 Exit Target 20 pips
GBP/USD
Pivot : 1.7647
Avg.Daily range : 199 point
BUY at 1.7948 Exit Target 15 pips
SELL at 1.7823 Exit Target 20 pips
USD/JPY
Pivot : 106.99
Avg.Daily range : 158 point
BUY at 108.86 Exit Target 15 pips
SELL at107.96 Exit Target 20 pips
AUD/USD
Pivot : 0.8137
Avg.Daily range : 174 Point
BUY at 0.8334 Exit Target 15 pips
SELL at 0.8219 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1145
Avg. Daily range : 124 point
BUY at 1.1202 Exit Target 15 pips
SELL at 1.1094 Exit Target 20 pips
Usd/Cad
Pivot : 1.0645
Avg.Daily range : 124 point
BUY at 1.0614 Exit Target 15 pips
SELL at 1.0538 Exit Target 20 pips
GOLD
Pivot : 803.04
Avg.Daily range : 2481 point
BUY at 818.30 Exit Target 150 pips
SELL at 809.50 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Saturday, September 6, 2008
Forex Indicator
Forex ; Another Breakout System ( II )
Breakout systems like this are always in great demand. It is quick, easy and with a proper use has a true winning rate of over 90%.
Currency pair: GBP/USD, EUR/USD - tested. Other pairs may also be used.
Time frame: 1 hour.
Indicators: none.
Trading setup:
For this Forex system to work properly a trader needs to know the basics of identifying swings high and low, rules of drawing trend lines, plus be able to use Pivot Points.
These are very simple things we believe every trader should know.
Our working range includes 5 candles: from midnight to 4:00 am EST (including the 4:00 am candle).
Optional: draw a midnight vertical line for visual aid.
Within those 5 candles look for a valid swing high and a swing low of the price.
Draw an Downtrend trendline connecting a found swing High to the most recent swing High of the previous days. (Make sure the last one is valid High to draw an Downtrend trendline through it).
Do the same for the swing Low: connect it to the most recent swing low of the previous days, make sure you are pulling the right trend line using the rules of drawing Uptrend trendlines this time.
If a trader sees, for example, no Swings High in the 5-candle range, that means there will be no downtrend trendlines this morning.
The Entry is on the break of either one of the trendlines and is immediate without waiting for a current candle to close. A protective stop is placed just above/bellow the candle that broke through the trend line.
Profit target:
Usually the whole action is unfolded within the next three candles (count in the candle that had violated the trendline but only if it closed on the other side of the trendline).
So, after the actual breakout we have 3 hours or 3 candles to trade, after that we will exit with whatever profits are made.
Main rule: Using Pivot points + timing
Profit target is going to be the nearest level of support or resistance according to Pivot point levels.
If, however, after only one candle this target is reached, it suggests a very strong market, thus we would stay in trade and set the goal for the next support/resistance level. We would also choose the second Pivot point level of support/resistance as our profit goal if the first Pivot level appears to be too close to our entry point.
We have three candles to trade after the breakout, that's why we can trade calm and allow our goal to shift to the next Pivot Point level.
It is an absolute traders' discretion of whether to set the target at the nearest Pivot point support/resistance level and leave the trade once the target is hit or using a timing factor exit after the two / maximum three consecutive candles.
Tip: running two orders can save lots of nerves. First target - the nearest Pivot point support/resistance level. Second - on the close of the third candle.
Another simplified option would be with fixed targets and timing
For example, EUR/USD target = 20 pips - spread, GBP/USD = 40 pips minus spread. These are only suggestions, and for other currency pairs = testing will tell...
Hold position open for the next three candles.
If the target is not reached within those three candle, close all trading positions anyway.
--- by; Edwad revy – FxStrtgyRvl ---------
Breakout systems like this are always in great demand. It is quick, easy and with a proper use has a true winning rate of over 90%.
Currency pair: GBP/USD, EUR/USD - tested. Other pairs may also be used.
Time frame: 1 hour.
Indicators: none.
Trading setup:
For this Forex system to work properly a trader needs to know the basics of identifying swings high and low, rules of drawing trend lines, plus be able to use Pivot Points.
These are very simple things we believe every trader should know.
Our working range includes 5 candles: from midnight to 4:00 am EST (including the 4:00 am candle).
Optional: draw a midnight vertical line for visual aid.
Within those 5 candles look for a valid swing high and a swing low of the price.
Draw an Downtrend trendline connecting a found swing High to the most recent swing High of the previous days. (Make sure the last one is valid High to draw an Downtrend trendline through it).
Do the same for the swing Low: connect it to the most recent swing low of the previous days, make sure you are pulling the right trend line using the rules of drawing Uptrend trendlines this time.
If a trader sees, for example, no Swings High in the 5-candle range, that means there will be no downtrend trendlines this morning.
The Entry is on the break of either one of the trendlines and is immediate without waiting for a current candle to close. A protective stop is placed just above/bellow the candle that broke through the trend line.
Profit target:
Usually the whole action is unfolded within the next three candles (count in the candle that had violated the trendline but only if it closed on the other side of the trendline).
So, after the actual breakout we have 3 hours or 3 candles to trade, after that we will exit with whatever profits are made.
Main rule: Using Pivot points + timing
Profit target is going to be the nearest level of support or resistance according to Pivot point levels.
If, however, after only one candle this target is reached, it suggests a very strong market, thus we would stay in trade and set the goal for the next support/resistance level. We would also choose the second Pivot point level of support/resistance as our profit goal if the first Pivot level appears to be too close to our entry point.
We have three candles to trade after the breakout, that's why we can trade calm and allow our goal to shift to the next Pivot Point level.
It is an absolute traders' discretion of whether to set the target at the nearest Pivot point support/resistance level and leave the trade once the target is hit or using a timing factor exit after the two / maximum three consecutive candles.
Tip: running two orders can save lots of nerves. First target - the nearest Pivot point support/resistance level. Second - on the close of the third candle.
Another simplified option would be with fixed targets and timing
For example, EUR/USD target = 20 pips - spread, GBP/USD = 40 pips minus spread. These are only suggestions, and for other currency pairs = testing will tell...
Hold position open for the next three candles.
If the target is not reached within those three candle, close all trading positions anyway.
--- by; Edwad revy – FxStrtgyRvl ---------
Friday, September 5, 2008
Forex Indicator
Forex Candlestick charts; The Morning and Evening Star
The Morning and Evening Star patterns take their names from the planets Mercury (appears just before sunrise) and Venus (appears just before complete darkness sets in). As you can gather from the analogies they use to take their names they are both examples of reversal patterns.
The Morning Star appears at the end of a downtrend (night-time) and signals the arrival of an up trend (day-time). It is technically a three-candle pattern however the Star is the second and smallest candle in the formation. The first is a long filled candle that makes new lows for the move. The second, or the Star, is a candle with a small body that gap opens lower than the low of the previous day. The body and wicks are small hence a low trading range for the day. This is followed by a large bodied, bull candle that signifies the arrival of some strong buying pressure.
Conversely the Evening Star is a signal that a bull trend is about to come to an end. The Star of the formation must open higher than the previous day’s close and have a small trading range. It is sandwiched between first, a larger bodied bull candle and second, a large bodied bear candle.
--- by PassionTrading -------
The Morning and Evening Star patterns take their names from the planets Mercury (appears just before sunrise) and Venus (appears just before complete darkness sets in). As you can gather from the analogies they use to take their names they are both examples of reversal patterns.
The Morning Star appears at the end of a downtrend (night-time) and signals the arrival of an up trend (day-time). It is technically a three-candle pattern however the Star is the second and smallest candle in the formation. The first is a long filled candle that makes new lows for the move. The second, or the Star, is a candle with a small body that gap opens lower than the low of the previous day. The body and wicks are small hence a low trading range for the day. This is followed by a large bodied, bull candle that signifies the arrival of some strong buying pressure.
Conversely the Evening Star is a signal that a bull trend is about to come to an end. The Star of the formation must open higher than the previous day’s close and have a small trading range. It is sandwiched between first, a larger bodied bull candle and second, a large bodied bear candle.
--- by PassionTrading -------
Forex ; Another great Breakout GBP/JPY System
This is a ” Dachel’s simple system / backtesting” and is not yet the final system.
Here's the deal.
1. Open the 4 hour chart
2. Take the Hi and Lo of the second candle of the day (GMT)
3. Place an Buy order 10 pips above the Hi and 10 pips below the Lo
(you can use the Eagle Breakout Indicator for easy visualization)
4. When the price hit an order cancel the other.
5. You should place your SL at the other side of the channel.
(don't enter the trade if the channel is more than 200 pips)
6. You should place the TP at the size of the channel.
7. Close the trade at the end of the week if given the case.
8. If your trade is still on by the next breakout stay in until you lose or win.
This baby gave me best result in my manual backtest in 2007.. This system can be improved if someone want to try a different strategy or maybe a Breakeven or SL, Try it on a demo or backtest to check by your self. Any suggestion is welcome as well as for backtest for other currencies and other years.
--- by; Dachel’s ----
Here's the deal.
1. Open the 4 hour chart
2. Take the Hi and Lo of the second candle of the day (GMT)
3. Place an Buy order 10 pips above the Hi and 10 pips below the Lo
(you can use the Eagle Breakout Indicator for easy visualization)
4. When the price hit an order cancel the other.
5. You should place your SL at the other side of the channel.
(don't enter the trade if the channel is more than 200 pips)
6. You should place the TP at the size of the channel.
7. Close the trade at the end of the week if given the case.
8. If your trade is still on by the next breakout stay in until you lose or win.
This baby gave me best result in my manual backtest in 2007.. This system can be improved if someone want to try a different strategy or maybe a Breakeven or SL, Try it on a demo or backtest to check by your self. Any suggestion is welcome as well as for backtest for other currencies and other years.
--- by; Dachel’s ----
Thursday, September 4, 2008
FREE FOREX SIGNAL
Free Forex Signal, 05 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry...Internet Conn.Problem...
Today update 03.35 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4334
Avg. Daily Range : 208 point
BUY at 1.4327 Exit Target 15 pips
SELL at 1.4242 Exit Target 20 pips
GBP/USD
Pivot : 1.7673
Avg.Daily range : 226 point
BUY at 1.7642 Exit Target 15 pips
SELL at 1.7532 Exit Target 20 pips
USD/JPY
Pivot : 106.98
Avg.Daily range : 160 point
BUY at 107.52 Exit Target 15 pips
SELL at 106.23Exit Target 20 pips
AUD/USD
Pivot : 0.8224
Avg.Daily range : 185 Point
BUY at 0.8234 Exit Target 15 pips
SELL at 0.8134 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1107
Avg. Daily range : 137 point
BUY at 1.1134 Exit Target 15 pips
SELL at 1.1075 Exit Target 20 pips
Usd/Cad
Pivot : 1.0655
Avg.Daily range : 137 point
BUY at 1.0730 Exit Target 15 pips
SELL at 1.0629 Exit Target 20 pips
GOLD
Pivot : 799.76
Avg.Daily range : 2224 point
BUY at 795.80 Exit Target 150 pips
SELL at 787.30 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Update every day at 01.30 am GMT ( 08.30 WIB )
Sorry...Internet Conn.Problem...
Today update 03.35 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4334
Avg. Daily Range : 208 point
BUY at 1.4327 Exit Target 15 pips
SELL at 1.4242 Exit Target 20 pips
GBP/USD
Pivot : 1.7673
Avg.Daily range : 226 point
BUY at 1.7642 Exit Target 15 pips
SELL at 1.7532 Exit Target 20 pips
USD/JPY
Pivot : 106.98
Avg.Daily range : 160 point
BUY at 107.52 Exit Target 15 pips
SELL at 106.23Exit Target 20 pips
AUD/USD
Pivot : 0.8224
Avg.Daily range : 185 Point
BUY at 0.8234 Exit Target 15 pips
SELL at 0.8134 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1107
Avg. Daily range : 137 point
BUY at 1.1134 Exit Target 15 pips
SELL at 1.1075 Exit Target 20 pips
Usd/Cad
Pivot : 1.0655
Avg.Daily range : 137 point
BUY at 1.0730 Exit Target 15 pips
SELL at 1.0629 Exit Target 20 pips
GOLD
Pivot : 799.76
Avg.Daily range : 2224 point
BUY at 795.80 Exit Target 150 pips
SELL at 787.30 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Wednesday, September 3, 2008
FREE FOREX SIGNAL
Free Forex Signal, 04 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 01.30 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4466
Avg. Daily Range : 146 point
BUY at 1.4533 Exit Target 15 pips
SELL at 1.4470 Exit Target 20 pips
GBP/USD
Pivot : 1.7753
Avg.Daily range : 183 point
BUY at 1.7786 Exit Target 15 pips
SELL at 1.7714 Exit Target 20 pips
USD/JPY
Pivot : 108.49
Avg.Daily range : 109 point
BUY at 108.52 Exit Target 15 pips
SELL at 108.07 Exit Target 20 pips
AUD/USD
Pivot : 0.8332
Avg.Daily range : 152 Point
BUY at 0.8385 Exit Target 15 pips
SELL at 0.8308 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1091
Avg. Daily range : 124 point
BUY at 1.1077 Exit Target 15 pips
SELL at 1.1034 Exit Target 20 pips
Usd/Cad
Pivot : 1.0654
Avg.Daily range : 142 point
BUY at 1.0648 Exit Target 15 pips
SELL at 1.0593 Exit Target 20 pips
GOLD
Pivot : 801.74
Avg.Daily range : 2045 point
BUY at 807.40 Exit Target 150 pips
SELL at 800.40 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 01.30 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4466
Avg. Daily Range : 146 point
BUY at 1.4533 Exit Target 15 pips
SELL at 1.4470 Exit Target 20 pips
GBP/USD
Pivot : 1.7753
Avg.Daily range : 183 point
BUY at 1.7786 Exit Target 15 pips
SELL at 1.7714 Exit Target 20 pips
USD/JPY
Pivot : 108.49
Avg.Daily range : 109 point
BUY at 108.52 Exit Target 15 pips
SELL at 108.07 Exit Target 20 pips
AUD/USD
Pivot : 0.8332
Avg.Daily range : 152 Point
BUY at 0.8385 Exit Target 15 pips
SELL at 0.8308 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1091
Avg. Daily range : 124 point
BUY at 1.1077 Exit Target 15 pips
SELL at 1.1034 Exit Target 20 pips
Usd/Cad
Pivot : 1.0654
Avg.Daily range : 142 point
BUY at 1.0648 Exit Target 15 pips
SELL at 1.0593 Exit Target 20 pips
GOLD
Pivot : 801.74
Avg.Daily range : 2045 point
BUY at 807.40 Exit Target 150 pips
SELL at 800.40 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Tuesday, September 2, 2008
FREE FOREX SIGNAL
Free Forex Signal, 03 September 2008
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 01.40 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4526
Avg. Daily Range : 142 point
BUY at 1.4540 Exit Target 15 pips
SELL at 1.4474 Exit Target 20 pips
GBP/USD
Pivot : 1.7872
Avg.Daily range : 194 point
BUY at 1.7852 Exit Target 15 pips
SELL at 1.7778 Exit Target 20 pips
USD/JPY
Pivot : 108.54
Avg.Daily range : 120 point
BUY at 108.96 Exit Target 15 pips
SELL at 108.42 Exit Target 20 pips
AUD/USD
Pivot : 0.8394
Avg.Daily range : 166 Point
BUY at 0.8412 Exit Target 15 pips
SELL at 0.8263 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1067
Avg. Daily range : 121 point
BUY at 1.1105 Exit Target 15 pips
SELL at 1.1043 Exit Target 20 pips
Usd/Cad
Pivot : 1.0698
Avg.Daily range : 102 point
BUY at 1.0714 Exit Target 15 pips
SELL at 1.0661 Exit Target 20 pips
GOLD
Pivot : 805.33
Avg.Daily range : 2227 point
BUY at 813.20 Exit Target 150 pips
SELL at 802.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Update every day at 01.30 am GMT ( 08.30 WIB )
Today update 01.40 am GMT
All Pair – Stop loss 30 Pips
EUR/USD
Pivot : 1.4526
Avg. Daily Range : 142 point
BUY at 1.4540 Exit Target 15 pips
SELL at 1.4474 Exit Target 20 pips
GBP/USD
Pivot : 1.7872
Avg.Daily range : 194 point
BUY at 1.7852 Exit Target 15 pips
SELL at 1.7778 Exit Target 20 pips
USD/JPY
Pivot : 108.54
Avg.Daily range : 120 point
BUY at 108.96 Exit Target 15 pips
SELL at 108.42 Exit Target 20 pips
AUD/USD
Pivot : 0.8394
Avg.Daily range : 166 Point
BUY at 0.8412 Exit Target 15 pips
SELL at 0.8263 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1067
Avg. Daily range : 121 point
BUY at 1.1105 Exit Target 15 pips
SELL at 1.1043 Exit Target 20 pips
Usd/Cad
Pivot : 1.0698
Avg.Daily range : 102 point
BUY at 1.0714 Exit Target 15 pips
SELL at 1.0661 Exit Target 20 pips
GOLD
Pivot : 805.33
Avg.Daily range : 2227 point
BUY at 813.20 Exit Target 150 pips
SELL at 802.10 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Forex Tips and Strategy
Forex Trading; 30 pips a day in 3.5hrs.
Trading / “ back testing “ about 3 months ago with a new system. It uses Rapid RSI14(it is an awesome indicator, it works far better than regular RSI), 10,20 and 50 SMA, Fibonacci retracements and Extensions.I also take in account the daily pivot -buy above sell below. It is important to enter trades during volatile markets only and avoid trading during big news releases. You go long after Rapid RSI crosses 30 from below and short when it crosses 70 from above , add 10 to 15 pips to make sure it is a real signal. I trade from 4:30 am to 8:00am PST. I don't like spending all day starring at my computer. So far it has been producing 30 to 50+ pips per day. Ill keep you posted on the progress.
--- by; Wizard -----
Trading / “ back testing “ about 3 months ago with a new system. It uses Rapid RSI14(it is an awesome indicator, it works far better than regular RSI), 10,20 and 50 SMA, Fibonacci retracements and Extensions.I also take in account the daily pivot -buy above sell below. It is important to enter trades during volatile markets only and avoid trading during big news releases. You go long after Rapid RSI crosses 30 from below and short when it crosses 70 from above , add 10 to 15 pips to make sure it is a real signal. I trade from 4:30 am to 8:00am PST. I don't like spending all day starring at my computer. So far it has been producing 30 to 50+ pips per day. Ill keep you posted on the progress.
--- by; Wizard -----
Monday, September 1, 2008
Free Forex Signal
Free Forex Signal, 02 September 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 : 1.4629
Avg. Daily Range : 148 point
BUY at 1.4624 Exit Target 15 pips
SELL at 1.4552 Exit Target 20 pips
GBP/USD
Pivot : 1.8035
Avg.Daily range : 172 point
BUY at 1.7983 Exit Target 15 pips
SELL at 1.7868 Exit Target 20 pips
USD/JPY
Pivot : 108.21
Avg.Daily range : 110 point
BUY at 108.78 Exit Target 15 pips
SELL at 108.04 Exit Target 20 pips
AUD/USD
Pivot : 0.8512
Avg.Daily range : 117 Point
BUY at 0.8525 Exit Target 15 pips
SELL at 0.8477 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1008
Avg. Daily range : 116 point
BUY at 1.1038 Exit Target 15 pips
SELL at 1.0998 Exit Target 20 pips
Usd/Cad
Pivot : 1.0661
Avg.Daily range : 102 point
BUY at 1.0702 Exit Target 15 pips
SELL at 1.0653 Exit Target 20 pips
GOLD
Pivot : 822.22
Avg.Daily range : 2059 point
BUY at 819.70 Exit Target 150 pips
SELL at 811.20 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
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 : 1.4629
Avg. Daily Range : 148 point
BUY at 1.4624 Exit Target 15 pips
SELL at 1.4552 Exit Target 20 pips
GBP/USD
Pivot : 1.8035
Avg.Daily range : 172 point
BUY at 1.7983 Exit Target 15 pips
SELL at 1.7868 Exit Target 20 pips
USD/JPY
Pivot : 108.21
Avg.Daily range : 110 point
BUY at 108.78 Exit Target 15 pips
SELL at 108.04 Exit Target 20 pips
AUD/USD
Pivot : 0.8512
Avg.Daily range : 117 Point
BUY at 0.8525 Exit Target 15 pips
SELL at 0.8477 Exit Target 20 pips
CHF / USD & USD/CAD – Stop loss 35 pips
GOLD – Stop loss 350 pips ( 3,5 USD )
USD/CHF
Pivot : 1.1008
Avg. Daily range : 116 point
BUY at 1.1038 Exit Target 15 pips
SELL at 1.0998 Exit Target 20 pips
Usd/Cad
Pivot : 1.0661
Avg.Daily range : 102 point
BUY at 1.0702 Exit Target 15 pips
SELL at 1.0653 Exit Target 20 pips
GOLD
Pivot : 822.22
Avg.Daily range : 2059 point
BUY at 819.70 Exit Target 150 pips
SELL at 811.20 Exit Target 150 pips
Note : Gold – Stop Loss 350 pips ( 3.5 usd )
Forex Indicator
Forex; Bollinger Bands and Breaks
The forex market follows a steady cycle of oscillating between a range bound and trending environment, on a long and short term basis. During range bound markets, the buying and selling forces remain more or less equal, and therefore compress the market into a sideways trading pattern such as the triangle consolidation pattern shown below. Once the market reaches a critical point, either the buyers or sellers overtake the opposing side, and force the market into a new trend; to the upside or downside.
However detecting these breakouts can be quite tricky as the market has the tendency to trade to slightly new high or low prices, only to return inside its previous trading range. Therefore we must employ a filter that will hopefully help us avoid these false breakouts, and preserve our trading capital for only those 'true' breaks in the range. With that said, we can see as the market eventually broke out of it's trading range, the break was marked by the first candlestick to close below the lower Bollinger Band as well as below it's current support level.
Once this occurred the market quickly began a new trend to the downside. For this reason, we should always consider the market's activity more relevant when studying the 'closing' prices, and not simply the highs and lows.
--- by A. Rosen -----
The forex market follows a steady cycle of oscillating between a range bound and trending environment, on a long and short term basis. During range bound markets, the buying and selling forces remain more or less equal, and therefore compress the market into a sideways trading pattern such as the triangle consolidation pattern shown below. Once the market reaches a critical point, either the buyers or sellers overtake the opposing side, and force the market into a new trend; to the upside or downside.
However detecting these breakouts can be quite tricky as the market has the tendency to trade to slightly new high or low prices, only to return inside its previous trading range. Therefore we must employ a filter that will hopefully help us avoid these false breakouts, and preserve our trading capital for only those 'true' breaks in the range. With that said, we can see as the market eventually broke out of it's trading range, the break was marked by the first candlestick to close below the lower Bollinger Band as well as below it's current support level.
Once this occurred the market quickly began a new trend to the downside. For this reason, we should always consider the market's activity more relevant when studying the 'closing' prices, and not simply the highs and lows.
--- by A. Rosen -----
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