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Technical Analysis for USDJPY 25 November 2009 |
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Written by Administrator
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Wednesday, 25 November 2009 |
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USDJPY Forecast:
Finally the USDJPY break below the range area, bottomed at 88.34 and
closed at 88.50. This fact should trigger further bearish scenario. The
bias is bearish in nearest term targeting 88.00. Break below 88.00 area
should trigger further bearish momentum towards 87.50. CCI in oversold
area and heading up on h4 chart so watch out for potential upside
correction testing 88.80 area. Break above that area should lead us
into no trading zone as direction would become unclear for me.
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Forex trading strategy (EUR/USD simple system) |
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Written by Administrator
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Tuesday, 24 November 2009 |
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As we move forward we discover a strategy that fits only chosen currency pairs.
Take a look at the next Forex trading system:
Currency pair: EUR/USD.
Time frame: 30 min.
Indicators: MACD (12, 26, 9), Parabolic SAR default settings (0.02, 0.2)
Entry rules: When Parabolic SAR gives buy signal and MACD lines crossed upwards – buy.
When Parabolic SAR gives sell signal and MACD lines crossed downwards – sell.
Exit rules: exit at the next MACD lines crossover or if the market starts trading sideways for some time.
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Written by Administrator
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Monday, 09 March 2009 |
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This systems is purely based on list on indicators to help determining timing to enter the market. Signal to enter
Super Signal will give you many signal when to enter the trade, it will alert you many times but bear in mind it is to let you know to get ready and not to enter right away
Signal Line will change color when it turns to another colour, you may want to enter.
however, if you want to be sure wait when the line forms a good angle like
30 degree or more then that is strong trend.
Aroon (do not change the setting from 20 to 50)
how to use this : it is when either trend line is going down, that is another signal
Moving Averages with Signal Line will give you big MACD on chart.
Enter the market only when Stochastic turns color, make sure other indicator agree to do so.
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How to use Pivot points in Forex trading? The strategy. |
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Written by Administrator
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Monday, 16 February 2009 |
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Ok now let's start trading.
We are going to show you the way we trade Forex using Pivot points.
We calculate Pivot points on daily basis using daily charts and then
use those Pivot levels on 15 minute charts — our main charts — where we
will look for entries, stops and exits.
We use 15 minute time frame because it allows catching the best entry
and exit opportunities. With hourly charts, for example, when the
signal is there it is quite often already too late to react / enter.
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Last Updated ( Monday, 16 February 2009 )
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