Forex Trading Strategy 101 - forex trading video tutorials

Forex Trading Strategy 101 ~ forex trading video tutorials

Market Analysis of the 26th of January 2014 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

Click on the Menu on "Market Analysis" for all the analysis.

The trend is now clear like cristal for all the pairs (USD/JPY excepted)

EUR/USD: We are in a big wave 3 down peaking.
GBP/USD: New big push of the wave 3 down
USD/JPY: We are in the wave 4, we expect wave 5
USD/CHF: Downtrend
AUD/USD: We are still in the wave 5 down with a new push
EUR/JPY: We are in a big wave 3 down peaking
USD/CAD: We are in a big wave 3 up peaking
NZD/USD: We were still in the wave 4, now it looks like we are in the wave 5. Downtrend
XAU/USD: This is a new big wave 3 in the opposite direction (Up)

For orientation/direction of trades, click  "Signals" in the menu (from Monday 26th 8:00 GMT+1)

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Prince William noshes on nachos and wings during U S trip - forex trading time zone indicator

Prince William noshes on nachos and wings during U S trip ~ forex trading time zone indicator

Prince William noshes on nachos and wings during U.S. trip










Royal Nachos!

When you are of royal blood and a celebrity, even the food that you eat gets reported. Eh William! Tau sa pia you want?
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Trading on the Break the Bull Ride news trading - forex market hours new zealand

Trading on the Break the Bull Ride news trading ~ forex market hours new zealand

In this version of the news trade, the idea is to get into the trade as soon as the data release breaks. The trader needs to have the ticket ready to go and jump in. The risk here is of a whipsaw, where the price reverses.

This risk is not as high as people think because when the news breaks, there is maximum energy and the market will respond. The risk of no surprise does occur and that results in a small move, causing the risk of smaller losses than a whipsaw because essentially the price doesn’t move beyond a previous range and there is little room for profits. But if you’re on the bull or bear trade and it is a big move, you have the same challenge ofwhen to get out. The advantage is that you are not immediately wrong.

Trading on the Break (the Bull Ride news trading)

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Double Bollinger Bands with Awesome - forex trading times around the world

Double Bollinger Bands with Awesome ~ forex trading times around the world

Double Bollinger Bands with Awesomeis trading system a system of volatility trend following.

This system is profitable. It has good profitability and a good ratio Profit/ losses.

Time Frame 4H or higher.

Currency pairs: any.

Technical indicators:

Bollinger Bands (20, 2);

Bollinger Bands (20; 1);

Awesome (optional).

Candle pattern 1-2-3

Trading Rules

Buy

The candle closes above the Bollinger Bands 1 with the condition that the previous two

candles have closed within Bollinger Band 1 but above of the middle band (this condition setup is important).

Awesome with green bar is optional.

Sell

The candles price closes below the Bollinger Bands 1 with the condition that the previous two candles have closed within Bollinger Band 1 but below of middle band (this condition setup is important) ..

Awesome  with red bar is opional.
Initial stop loss 10 pips below/above middle band.

Minimum Profit Target 1.3 initial stop loss.

For a conservative trading only trade in the direction of the major trend.

Add a simple moving average of 100 periods.

Sell ??

Lower bands of the BB1 ??and BB2 <100 simple moving average.

The candles price closes below the Bollinger Bands 1 with the condition that the previous two candles have closed within Bollinger Band 1 but below middle of the band.

Awesome red color is optional.

Buy

Upper bands of the BB1 ??and BB2> 100 Simple Moving Average

The candle closes above the Bollinger Bands 1 with the condition that the previous two

candles have closed within Bollinger Band 1 above but of the middle band .

Awesome green color is optional.

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Forex Trading Strategy 103 - forex trading vs options trading

Forex Trading Strategy 103 ~ forex trading vs options trading

Trade of the Week: USD/JPY H1: 13 January: +2.5% Profit (+112 pips)

For more details, click "Examples of Trade" in the menu

On the 13th of January, the H4 alligator is open, we have also an inside bar. We look for a setup on H1, there we have a sleeping alligator and a tight box . We place the pending order below the box. The price drops and we exit when it break the box in the opposite side for +112 pips (+2.5%)

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Power Bollinger Bands - forex trading hours australia

Power Bollinger Bands ~ forex trading hours australia

Power Bollinger Bands is trading system based on the Bollinger Bands, Stochastic Oscillator and the patterns formation.

Time Frame 4H or daily.

The system works on any pair and Indices.

Setting Chart

Indicators:

Bollinger Bands: period 20, deviations 2;

Stochastic Oscillator (9, 3,3, with levels 80 and 20) that measures overbought and oversold of the price in the market.

Patterns: doji, engulfing pattern, inside candle, pin candle.

Trading Setup

When the Bollinger bands are far enough, wait that the price touches or broken a band, while the stochastic is in a state of overbought (above 80) or oversold (below 20).

Once both of these conditions are met we seek confirmation of entry into the market.

So looking for the following patterns: Engulfing pattern, Pin bar , Inside bar and Doji.

Doji candle:the Doji is a candle indicating a period of indecision of the market the open and close have the same price. The Doji can be interpreted as a reversal signal if it appears with stochastics in overbought or oversold along with the price at the sides with Bollingher bands.

Engulfing pattern: an engulfing candle or also momentum candle, becaouse this pattern is a change of the momentum of the market. the first candle is completly engulfs by the following one.

Inside candle: the inside candle pattern is the complete opposite of the engulfing pattern, the second candle is formed completely inside the body of the previous candle.This pattern may provide a price breakout.

Pin Bar: the pin pattern , it shows huge emotion of the market indicating a potential sign of a reversal of the price.

Example: the buyers pushed the market high but failed to hold it so price returned back to around the open leaving a pin pattern or opposite the sellers pushed the market low but failed to hold it so price returned back to around the open leaving a pin pattern.

Engulfing formation and pin bar pattern are most reliable with a little practice youll soon learn to recognize these patterns and can represent your success.

Trading Rules Power Bollinger Bands

Buy

Bollinger bands are far enough and the price touches or broken lower band,

Stochastic is oversold,

Once both of these conditions are met, we seek confirmation of entry into the market,so looking for the following patterns: Engulfing pattern, Pin bar , Inside bar and Doji.

Sell

Bollinger bands are far enough and the price touches or broken upper band,

Stochastic is overbought,

Once both of these conditions are met, we seek confirmation of entry into the market,so looking for the following patterns: Engulfing pattern, Pin bar , Inside bar and Doji.

Exit position

Initial stop loss on the previous High/Low after move stop loss at the break even

make profit at the middle band or at the opposite band.

EUR/USD 4H chart

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