Home » Archives for October 2013
Tuesday, October 22, 2013
Monday, October 14, 2013
TA Trading System
The System called TA System.Trade Assistant Trading System
You can use TA System Trade Assistant Forex Strategy to trade most of the major currency pairs I trade EUR/USD, GBP/USD, AUD/USD and USD/CHF by using this strategy on 30M charts. After applying the template, you do not have to change any settings. Just read the strategy very carefully.
Click the figure to enlarge
You can go for 30 pips and set your stop-loss level to 25-30 pips depending on the currency pair. Avoid trading during choppy market conditions such as early Asian or late Fridays session.
This strategy is based on Trade Assisteant Stoch, RSI And CCI Signal MT4 Indicator.
Sunday, October 13, 2013
Saturday, October 12, 2013
Trading Made Simple Forex Strategy
Every trader has a common cycle in the forex market. First you start with a demo account, buy when price goes up, sell when price goes down. Everything seems perfect in first couple of weeks. You decide to open a real account.
Meanwhile you discover that there are many indicators to tell you what to do. Your charts become full of indicators, you can barely see because there is no space left on the chart. You open a position with real money and things start to get harder. Sometimes you close trades with little profits while you could have closed it earlier and gained 150+ pips. Since you don’t have certain rules and strategy, your account starts to melt due to different market conditions. At this point you start to search forums, web sites to tell you what to do.
Finally you blow another account and blame others for their bad calls. Next you search for profitable expert advisors to run on your computer. Of course, you get the same result. Finally you decide to find a strategy that works and you learn new things as you search. Most important thing I have learned to become a successful was being patient (waiting for the right time) and following the strategy that I am using. Of course you learn risk management as well. Ah and one more important thing; never get motioned from other trader’s calls, only trade what you triggered by yourself, it is the only way to learn mastering your system and be successful.
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Trades are made between 06:00 GMT and 14:00 GMT. We enter a trade when green crosses red on the TDI at the beginning of that candle. If it is 3 or more candles, don’t enter the trade. Wait for another trade set up. The only exception is if green bounces off red and continues, then it is ok to reenter on the bounce. Exit your trade when the green TDI line goes flat, starts to hook over or makes a check mark reversal.
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Tuesday, October 8, 2013
CSM MTF Indicator
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The strength indicators allow me to look for currency correlations. Currently, EUR and CHF are extremely positively correlated. AUD and NZD are traditionally correlated (although events in China seem to have affected AUD over the last few months, diluting this correlation), while USD and JPY seem to move in and out of positive correlation. CAD is something of a wildcard; it occasionally sides with USD but generally floats 'somewhere in the middle'. A couple of years back, GBP and EUR were positively correlated, but this is no longer the case. Recently, GBP has been siding with USD and JPY, as very strong, while NZD (and to a lesser extent, EUR and CHF) have been weak. Recent long positions on GBPNZD have been extremely profitable.Understanding correlation is a great adjunct to any trend-following strategy. Trading strong vs weak simply tells the trader which pair to trade, and can therefore be used as an independent add-on to any strategy,without affecting the strategy itself, but further augmenting any edge that is provided by the strategy.
............................by Hanover-The programmer of the CSM
How to download click here
Saturday, October 5, 2013
Dark Forex Strategy
Before we start remember that no matter what you are trading, what your strategy is, you have to follow three important rules in order to make profit. Do not use high leverage. Risk and money management are important part of trading. One more important thing; never get motioned from other trader’s calls, only trade what you triggered by yourself, it is the only way to learn mastering your system and be successful.
Open EUR/USD, GBP/USD, USD/CHF or any other major pair that you want to trade. Set chart time frame to 15mins and apply the template (you can download it at the bottom). Take a look at Manual Dark Strategy
The right side of the chart is not a part of this trading system, however it is very useful because it will remind you economic news releases, session open and close times. It’s “! IN10TION NewsReader v09.99k lite.ex4” (Read more about IN10TION NewsReader indicator) MetaTrader Indicators (you will download it later) etc.
Now let me explain you Manual Dark Strategy, it is very simple. Examine the chart below please:
Chart Explained
1. This is non-lag ma indicator which is a part of this trading system so pay attention when it changes color. 2 This line shows daily open value. 3. SSL bar which detects trend on larger time frame. Manual Dark
Strategy Trading rules:
Trade only between 06:00 GMT and 21:00 GMT. Ignore the signals generated after these hours.
Go long (buy) when both non-lag ma (1) and SSL bar (3) are green.
Go short (sell) when both non-lag ma (1) and SSL bar (3) are red.
Take profit: 60 pips
Stop-loss: 30 pips
You will get alerts by Dark Forex Strategy but take care about other info from chart before you open position.
SSL send alert M240 as you can see on SSL properties that is H4 time frame, you always need to read for which time frame are you get alert. Because you can look at M5 chart and get alert for H1 time frame.
How to download click here
Friday, October 4, 2013
Simple Linear Regression Trading system
I believe this system is pretty easy to follow for everybody, its far away from that so called "amazing" systems, and, personally, I run away from any "amazing" related to trading.
These system have some virtues:
- Its very good predicting trend exhaustion
- Its very good prediction turning points
- It provides very good leading signals
- It provides very good stop loss and exit points
- It provides trend and counter trend trades.
- Works in all time frames
- Works with all currencies
- Rules are so simple
Sometimes misses a big move and the right point to trade comes in the middle
If you're very conservative following the rules sometimes misses a big move
This system is was not thought to be a trend follower. Remember that. Trend followers system gives you the signal when the trend is established. You could try to follow the trend by adjust the R-Squared indicator but does not have too much sense.
Download the System to read more.......
How to download click here
IN10TION v09.99t lite News Reader MT4 Indicator
IN10TION NewsReader is – as the name says – a news reader. This MT4 indicator is a great asset to day traders in following important news as part of the process of adjusting the strategy in the best possible way.
Besides the brief news, indicator loads the basic information and statistics about the current price of the currency pair you have picked. This information serves as a great lean-on object to day traders who actively follow the price action.
You will notice that the current screenshot does not sport the news at the bottom, where it is supposed to be. This is related to the day when the screenshot was taken; it was Saturday and there were no news. You can check the example with the visible news at Dark Forex Strategy which uses this indicator. You can also try out this strategy as you might like it.
Technical details:
- News are updated every 30 minutes
- Indicator allows DLL imports on your custom indicator/common tab
How to download click here
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