Forex Plus

Fundamental News Filter

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One keyword, if we want to master
the fundamental factor in the forex is read it! To be able to figure out that
an important fundamental news or not indeed necessary experience and knowledge.
However, some websites also exist that are kind enough to provide a criterion
for any news whether the news is not important, important or very important.
Well blessed if we get it.</div>
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For news items is not important it
is fine to ignore it and not connecting with your trading altogether because
only insignificant influence. But the news such as
Interest rate and Employment Change is dangerous to ignore it.</div>
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Fundamental News Filter

One keyword, if we want to master the fundamental factor in the forex is read it! To be able to figure out that an important fundamenta...

These Kinds Of Fundamental News

You ever try playing with pure technical analysis would certainly know that at certain hours and usually in the evening technical analy...

Williams R

Williams R is an indicator to know saturated area buy and sell currencies from saturated. A price said to be entering the area of saturated buy when movement is rising and have come to the peak area so as not to allow a further increase. In this area, buyers no longer possible to perform a purchase because the currency has been too expensive to be purchased. Thus a currency rising saturated area and enter the purchase in the currency will stop going up and will soon undergo a correction/reduction back to its normal point. 
 
The same is true in saturated concept to sell. The difference here is the selling price means saturated the currencies have been too cheap so that the seller is no longer possible to sell its own currency because the price is too cheap for sale. Thus a currency that is experiencing a decrease in saturated areas and then entered the selling then it is no longer the currency exchange rate will soon stop going down and will again increase. 
 
Saturated Area buy and sell this saturation measured by r. Williams, the trick is to compare the closing time of the last highest price lowest price reduced on the desired period. 
For more details see the following picture: 
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxH-RXThqywhCEURBerjtRHbQH5PvKTvG3Q9y7xNU82CoY_dA5OACWYK8SHJXXiAXJEg7uu9hymOGvMiYf66_BNGP-tIYrMmOZQcvitcKRP5RXqUbfHaNjbgeuyTMYjqO83JL2GsAVs7sP/s1600/William-R.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Williams R" border="0" height="218" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxH-RXThqywhCEURBerjtRHbQH5PvKTvG3Q9y7xNU82CoY_dA5OACWYK8SHJXXiAXJEg7uu9hymOGvMiYf66_BNGP-tIYrMmOZQcvitcKRP5RXqUbfHaNjbgeuyTMYjqO83JL2GsAVs7sP/s320/William-R.jpg" title="Williams R Forex Plus" width="320" /></a></div>
 
 
Now the next question is where are the saturated area buy and sell according to the saturated R Williams 
If you have ever studied indicators of saturated buy-sell saturated such as RSI, then we think Williams R is not difficult for you to interpret. Williams R reading exactly the same with the RSI. The difference is that Williams R is the range 0 to-100. 
 
When Williams R refer to figures 8 and above (i.e. 0 to-20) is a saturated area buy and vice-versa-80 down (-80 to-100) is a saturated area of selling. The boundary between the two areas (-20 to-80) is the neutral point where prices still have the possibility to rise or fall further. Midpoint Williams R is-50. 
Well, similar to the RSI instead? Now let's look at the following image carefully: 
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLE8F7Pbvanct9N6ONUxIr-wRVDbpBXyWuEAqasmVLa_ciL03EA-2kxfmPjVaTLUD8A8ULxZ6uBbdZhrORaGeCX2j7qFQiKrWId03dCEJhWwoQbvf5MlS61ZK-4WP_blzrIoTckjbcmiHB/s1600/William-R-2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Williams R" border="0" height="217" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLE8F7Pbvanct9N6ONUxIr-wRVDbpBXyWuEAqasmVLa_ciL03EA-2kxfmPjVaTLUD8A8ULxZ6uBbdZhrORaGeCX2j7qFQiKrWId03dCEJhWwoQbvf5MlS61ZK-4WP_blzrIoTckjbcmiHB/s320/William-R-2.jpg" title="Williams R" width="320" /></a></div>
 
 
Having regard to the above image seems more than enough to bring a sense of the use of indicators on this one. It's good you read RSI in advance in order to deepen the use of indicators that are such oscillator Williams R. 
The advantages and disadvantages 
Now we come to the part of the advantages and disadvantages of Williams r. as in other oscillator indicators, Williams R has the same advantages and disadvantages. 
 
Pros: 
<ul>
<li>Ease in reading</li>
<li>Relatively more accurate than the RSI to perfect his creation is indeed due to RSI.</li>
<li>Able to predict price movement faster than an indicator of trend (trend indicator)</li>
</ul>
 
Disadvantages: 
<ul>
<li>Often cause false signals because its too sensitive (marked with a visible indicator of curly curve). For it is advisable to extend the period of Williams R to 20 (default is 2) or add the Moving Average on Williams R.</li>
<li>Williams R has a limited range. Sometimes prices move in a very Bullish conditions or very Bearish. In a State so Williams R can no longer provide the signal Open Buy and Sell because the price moves in one direction in a long range. For it is recommended to use the indicator trend to be tandem Williams R such as MACD or MA.</li>
</ul>
 
It should be noted here that the range of-20 and-80 is not absolute in its use of the range Williams r. some traders use restrictions as-10 and-90 to be saturated and unsaturated bounds buy jualnya same as RSI. 
Well we think enough reviews here to brief about Williams r.

Williams R

Williams R is an indicator to know saturated area buy and sell currencies from saturated. A price said to be entering the area of saturated ...

Road to Success 3: Mental Analysis

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If technical analysis works so well, why would more and more of the trading community shift their focus from technical analysis of the market to mental analysis of themselves, meaning their own individual 
trading psychology? To answer this question, you probably don't have to do anything more than ask yourself why you bought this book. The most likely reason is that you're dissatisfied with the difference between what you perceive as the unlimited potential to make money and what you end up with on the bottom line. 
 
That's the problem with technical analysis, if you want to call it a problem. Once you learn to identify patterns and read the market, you find there are limitless opportunities to make money. But, as I'm sure you already know, there can also be a huge gap between what you understand about the markets, and your ability to transform that knowledge into consistent profits or a steadily rising equity curve. Think about the number of times you've looked at a price chart and said to yourself, "Hmmm, it looks like the market is going up (or down, as the case may be)," and what you thought was going to happen actually happened. But you did nothing except watch the market move while you anguished over all the money you could have made. 
 
There's a big difference between predicting that something will happen in the market (and thinking about all the money you could have made) and the reality of actually getting into and out of trades. I call this difference, and others like it, a "psychological gap" that can make trading one of the most difficult  endeavors you could choose to undertake and certainly one of the most mysterious to master. 
 
The big question is: Can trading be mastered? Is it possible to experience trading with the same ease and simplicity implied when you are only watching the market and thinking about success, as opposed to actually having to put on and take off trades? Not only is the answer an unequivocal "yes," but that's also exactly what this book is designed to give you—the insight and understanding you need about yourself and about the nature of trading. 
 
So the result is that actually doing it becomes as easy, simple, and stress-free as when you are just watching the market and thinking about doing it. This may seem like a tall order, and to some of you it may even seem impossible. But it's not. There are people who have mastered the art of trading, who have closed the gap between the possibilities available and their bottom-line performance. But as you might 
expect, these winners are relatively few in number compared with the number of traders who experience varying degrees of frustration, all the way to extreme exasperation, wondering why they can't create 
the consistent success they so desperately desire. In fact, the differences between these two groups of traders (the consistent winners and everyone else) are analogous to the differences between the Earth and the moon. The Earth and moon are both celestial bodies that exist in the same solar system, so they do 
have something in common. But they are as different in nature and characteristics as night and day. By the same token, anyone who puts on a trade can claim to be a trader, but when you compare the characteristics 
of the handful of consistent winners with the characteristics of most other traders, you'll find they're also as different as nightand day. 
 
If going to the moon represents consistent success as a trader, we can say that getting to the moon is possible. The journey is extremely difficult and only a handful of people have made it. From our perspective here on Earth, the moon is usually visible every night and it seems so close that we could just reach out and touch it. Trading successfully feels the same way. On any given day, week, or month, the markets make available vast amounts of money to anyone who has the capacity to put on a trade. Since the markets are in constant motion, this money is also constantly flowing, which makes the possibilities for success greatly magnified and seemingly within your grasp. I use the word "seemingly" to make an important distinction between the two groups of traders. For those who have learned how to be consistent, or have broken through what I call the "threshold of consistency," the money is not only within their grasp; they can virtually take it at will. I'm sure that some will find this statement shocking or 
difficult to believe, but it is true. There are some limitations, but for the most part, money flows into the accounts of these traders with such ease and effortlessness that it literally boggles most people's minds. 
 
However, for the traders who have not evolved into this select group, the word "seemingly" means exactly what it implies. It seems as if the consistency or ultimate success they desire is "at hand," or "within their grasp," just before it slips away or evaporates before their eyes, time and time again. The only thing about trading that is consistent with this group is emotional pain. Yes, they certainly have moments of elation, but it is not an exaggeration to say that most of the time they are in a state of fear, anger, frustration, anxiety, disappointment, betrayal, and regret. 
 
So what separates these two groups of traders? Is it intelligence? Are the consistent winners just plain smarter than everyone else? Do they work harder? Are they better analysts, or do they have access to better trading systems? Do they possess inherent personality characteristics that make it easier for them to deal with the intense pressures of trading? 
 
All of these possibilities sound quite plausible, except when you consider that most of the trading industry's failures are also some of society's brightest and most accomplished people. The largest group of consistent losers is composed primarily of doctors, lawyers, engineers, scientists, CEOs, wealthy retirees, and  entrepreneurs. Furthermore, most of the industry's best market analysts are the worst traders imaginable. Intelligence and good market analysis can certainly contribute to success, but they are not the defining factors that separate the consistent winners from everyone else. Well, if it isn't intelligence or better analysis, then what could it be? Having worked with some of the best and some of the worst traders in the business, and having helped some of the worst become some of the best, I can state without a doubt that there are specific reasons why the best traders consistently out-perform everyone else. If I had to distill all of the reasons down to one, I would simply say that the best traders think differently from the rest. 
 
I know that doesn't sound very profound, but it does have profound implications if you consider what it means to think differently. To one degree or another, all of us think differently from everyone else. We may not always be mindful of this fact; it seems natural to assume that other people share our perceptions and interpretations of events. In fact, this assumption continues to seem valid until we find ourselves in a basic, fundamental disagreement with someone about something we both experienced. Other than our physical features, the way we think is what makes us unique, probably even more unique than our physical features do. Let's get back to traders. What is different about die way the best traders think as opposed to how those who are still struggling think? While the markets can be described as an arena of endless 
opportunities, they simultaneously confront the individual with some of the most sustained, adverse psychological conditions you can expose yourself to. At some point, everyone who trades learns something 
about the markets that will indicate when opportunities exist. But learning how to identify an opportunity to buy or sell does not mean that you have learned to think like a trader. 
 
The defining characteristic that separates the consistent winners from everyone else is this: The winners have attained a mind-set—a unique set of attitudes—that allows them to remain disciplined, focused, and, above all, confident in spite of the adverse conditions. As a result, they are no longer susceptible to the common fears and trading errors that plague everyone else. Everyone who trades ends up learning something about the markets; very few people who trade ever learn the attitudes that are absolutely essential to becoming a consistent winner. Just as people can learn to perfect the proper technique 
for swinging a golf club or tennis racket, their consistency, or lack of it, will without a doubt come from their attitude Traders who make it beyond "the threshold of consistency" usually experience a great deal of pain (both emotional and financial) before they acquire the land of attitude that allows them to function effectively in the market environment. 
 
The rare exceptions are usually those who were born into successful trading families or who started their trading careers under the guidance of someone who understood the true nature of trading, and, just as important, knew how to teach it. Why are emotional pain and financial disaster common among traders? The simple answer is that most of us weren't fortunate enough to start our trading careers with the proper guidance. However, the reasons go much deeper than this. I have spent the last seventeen years dissecting the psychological dynamics behind trading so that I could develop effective methods for teaching the principles of success. What I've discovered is that trading is chock full of paradoxes and contradictions in thinking that make it extremely difficult to learn how to be successful. In fact, if I had to choose one word that encapsulates the nature of trading, it would be "paradox."  (According to the dictionary, a paradox is something that seems to have  contradictory qualities or that is contrary to common belief or what generally makes sense to people.) 
 
Financial and emotional disaster are common among traders because many of the perspectives, attitudes, and principles that would otherwise make perfect sense and work quite well in our daily lives have the opposite effect in the trading environment. They just don't work. Not knowing this, most traders start their careers with a fundamental lack of understanding of what it means to be a trader, the skills that are involved, and the depth to which those skills need to be developed. 
 
Here is a prime example of what I am talking about: Trading is inherently risky. To my knowledge, no trade has a guaranteed outcome; therefore, the possibility of being wrong and losing money is always present. So when you put on a trade, can you consider yourself  a risk-taker? Even though this may sound like a trick question, it is not. 
 
The logical answer to the question is, unequivocally, yes. If I engage in an activity that is inherently risky, then I must be a risktaker. This is a perfectly reasonable assumption for any trader to make. In fact, not only do virtually all traders make this assumption, but most traders take pride in thinking of themselves as risk-takers. 
 
The problem is that this assumption couldn't be further from the truth. Of course, any trader is taking a risk when you put on a trade, but that doesn't mean that you are correspondingly accepting that risk. In other words, all trades are risky because the outcomes are probable—not guaranteed. But do most traders really believe they are taking a risk when they put on a trade? Have they really accepted that the trade has a non-guaranteed, probable outcome? Furthermore, have they fully accepted the possible consequences? 
The answer is, unequivocally, no! Most traders have absolutely no concept of what it means to be a risk-taker in the way a successful trader thinks about risk. The best traders not only take the risk, they have also learned to accept and embrace that risk. There is a huge psychological gap between assuming you are a risk-taker because you put on trades and fully accepting the risks inherent in each trade. When you fully accept the risks, it will have profound implications on your bottom-line performance. The best traders can put on a trade without the slightest bit of hesitation or conflict, and just as freely and without hesitation or conflict, 
admit it isn't working. 
 
They can get out of the trade—even with a loss—and doing so doesn't resonate the slightest bit of emotional discomfort. In other words, the risks inherent in trading do not cause the best traders to lose their discipline, focus, or sense of confidence. If you are unable to trade without the slightest bit of emotional dis- comfort (specifically, fear), then you have not learned how to accept the risks inherent in trading. This is a big problem, because to whatever degree you haven't accepted the risk, is the same degree to 
which you will avoid the risk. Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully. Learning to truly accept the risks in any endeavor can be difficult, 
but it is extremely difficult for traders, especially considering what's at stake. What are we generally most afraid of (besides dying or public speaking)? Certainly, losing money and being wrong both 
rank close to the top of the list. Admitting we are wrong and losing money to boot can be extremely painful, and certainly something to avoid. Yet as traders, we are confronted with these two possibilities 
virtually every moment we are in a trade. 
 
Now, you might be saying to yourself, "Apart from the fact that it hurts so much, it's natural to not want to be wrong and lose something; therefore, it's appropriate for me to do whatever I can to avoid it." I agree with you. But it is also this natural tendency that makes trading (which looks like it should be easy) extremely 
difficult. Trading presents us with a fundamental paradox: How do we remain disciplined, focused, and confident in the face of constant uncertainty? When you have learned how to "think" like a trader, that's exactly what you'll be able to do. Learning how to redefine your trading activities in a way that allows you to completely accept the risk is the key to thinking like a successful trader. Learning to accept the risk is a trading skill—the most important skill you can learn. Yet it's rare that developing traders focus any attention or expend any effort to learn it. 
 
When you learn the trading skill of risk acceptance, the market will not be able to generate information that you define or interpret as painful. If the information the market generates doesn't have the potential to cause you emotional pain, there's nothing to avoid. It is just information, telling you what the  possibilities are. This is called an objective perspective—one that is not skewed or distorted by what 
you are afraid is going to happen or not happen. I'm sure there isn't one trader reading this book who hasn't 
gotten into trades too soon—before the market has actually generated a signal, or too late—long after the market has generated a signal. 
 
What trader hasn't convinced himself not to take a loss and, as a result, had it turn into a bigger one; or got out of winning trades too soon; or found himself in winning trades but didn't take any profits at all, and then let the trades turn into losers; or moved stoplosses closer to his entry point, only to get stopped out and have the market go back in his direction? These are but a few of the many errors traders perpetuate upon themselves time and time again. 
 
These are not market-generated errors. That is, these errors do not come from the market. The market is neutral, in the sense that it moves and generates information about itself. Movement and information 
provide each of us with the opportunity to do something, but that's all! The markets don't have any power over the unique way in which each of us perceives and interprets this information, or control of the decisions and actions we take as a result. The errors I already mentioned and many more are strictly the result of what I call "faulty trading attitudes and perspectives." Faulty attitudes that foster fear instead of trust and  confidence. 
 
I don't think I could put the difference between the consistent winners and everyone else more simply than this: The best traders aren't afraid. They aren't afraid because they have developed attitudes that give them the greatest degree of mental flexibility to flow in and out of trades based on what the market is telling them about the possibilities from its perspective. At the same time, the best traders have developed attitudes that prevent them from getting reckless. Everyone else is afraid, to some degree or another. When they're not afraid, they have the tendency to become reckless and to create the kind of experience for themselves that will cause them to be afraid from that point on. 
 
Ninety-five percent of the trading errors you are likely to make—causing the money to just evaporate before your eyes—will stem from your attitudes about being wrong, losing money, missing out, and leaving money on the table. What I call the four primary trading fears. Now, you may be saying to yourself, "I don't know about this: I've always thought traders should have a healthy fear of the markets." Again, this is a perfectly logical and reasonable assumption. But when it comes to trading, your fears will act against you in such a way that you will cause the very thing you are afraid of to actually happen. If you're afraid of being wrong, your fear will act upon your perception of market information in a way that will cause you to do something that ends up making you wrong. When you are fearful, no other possibilities exist. You can't 
perceive other possibilities or act on them properly, even if you did manage to perceive them, because fear is immobilizing. Physically, it causes us to freeze or run. Mentally, it causes us to narrow our focus of attention to the object of our fear. This means that thoughts about other possibilities, as well as other available information from the market, get blocked. You won't think about all the rational things you've learned about the market until you are no longer afraid and the event is over. Then you will think to yourself, "I knew that. 
 
Why didn't I think of it then?" or, "Why couldn't I act on it then?" It's extremely difficult to perceive that the source of these problems is our own inappropriate attitudes. That's what makes fear so insidious. Many of the thinking patterns that adversely affect our trading are a function of the natural ways in which we were brought up to think and see the world. These thinking patterns are so deeply ingrained that it rarely occurs to us that the source of our trading difficulties is internal, derived from our state of mind. Indeed, it seems 
much more natural to see the source of a problem as external, in the market, because it feels like the market is causing our pain, frustration, and dissatisfaction. Obviously these are abstract concepts and certainly not something most traders are going to concern themselves with. Yet understanding the relationship between beliefs, attitudes, and perception is as fundamental to trading as learning how to serve is to tennis, or 
as learning how to swing a club is to golf. Put another way, understanding and controlling your perception of market information is important only to the extent that you want to achieve consistent results. 
 
I say this because there is something else about trading that is as true as the statement I just made: You don't have to know anything about yourself or the markets to put on a winning trade, just as you don't have to know the proper way to swing a tennis racket or golf club in order to hit a good shot from time to time. The first time I played golf, I hit several good shots throughout the game even though I hadn't learned any particular technique; but my score was still over 120 for 18 holes. Obviously, to improve my overall score, I 
needed to learn technique. Of course, the same is true for trading. We need technique to achieve consistency. But what technique? This is truly one of the most perplexing aspects of learning how to trade effectively. If we aren't aware of, or don't understand, how our beliefs and attitudes affect our perception of market information, it will seem as if it is the market's behavior that is causing the lack of consistency. As a result, it would stand to reason that the best way to avoid losses and become consistent would be to learn more about the markets. 
 
This bit of logic is a trap that almost all traders fall into at some point, and it seems to make perfect sense. But this approach doesn't work. The market simply offers too many—often conflicting—variables to consider. Furthermore, there are no limits to the market's behavior. It can do anything at any moment. As a matter of fact, because every person who trades is a market variable, it can be said that any single trader can cause virtually anything to happen. 
 
This means that no matter how much you learn about the market's behavior, no matter how brilliant an analyst you become, you will never learn enough to anticipate every possible way that the market can make you wrong or cause you to lose money. So if you are afraid of being wrong or losing money, it means you will never learn enough to compensate for the negative effects these fears will have on your ability to be objective and your ability to act without hesitation. In other words, you won't be confident in the face of constant uncertainty. The hard, cold reality of trading is that every trade has an uncertain outcome. Unless you learn to completely accept the possibility of an uncertain outcome, you will try either consciously or unconsciously to avoid any possibility you define as painful. In the process, you will subject yourself to any number of self-generated, costly errors. Now, I am not suggesting that we don't need some form of market analysis or methodology to define opportunities and allow us to recognize them; we certainly do. 
 
However, market analysis is not the path to consistent results. It will not solve the trading problems created 
by lack of confidence, lack of discipline, or improper focus. When you operate from the assumption that more or better analysis will create consistency, you will be driven to gather as many market variables as possible into your arsenal of trading tools. But what happens then? You are still disappointed and betrayed by the markets, time and again, because of something you didn't see or give enough consideration to. It will feel like you can't trust the markets; but the reality is, you can't trust yourself. Confidence and fear are contradictory states of mind that both stem from our beliefs and attitudes. To be confident, functioning in 
an environment where you can easily lose more than you intend to risk, requires absolute trust in yourself. 
 
However, you won't be able to achieve that trust until you have trained your mind to override your natural inclination to think in ways that are counterproductive to being a consistently successful trader. Learning how to analyze the market's behavior is simply not the appropriate training. You have two choices: You can try to eliminate risk by learning about as many market variables as possible. Or vou can learn how to redefine your trading activities in such a way that you truly accept the risk, and you're no longer afraid. 
When you've achieved a state of mind where you truly accept the risk, you won't have the potential to define and interpret market information in painful ways. When you eliminate the potential to define market information in painful ways, you also eliminate the tendency to rationalize, hesitate, jump the gun, hope that the market will give you money, or hope that the market will save you from your inability to cut your losses. 
 
As long as you are susceptible to the lands of errors that are the result of rationalizing, justifying, hesitating, hoping, and jumping the gun, you will not be able to trust yourself. If you can't trust yourself to be objective and to always act in your own best interests, achieving consistent results will be next to impossible. Trying to do something that looks so simple may well be the most exasperating thing you will ever attempt to do. The irony is that, when you have the appropriate attitude, when you have acquired a "trader s mind-set" and can remain confident in the face of constant uncertainty, trading will be as easy and simple as you probably thought it was when you first started out. 
 
So, what is the solution? You will need to learn how to adjust your attitudes and beliefs about trading in such a way that you can trade without the slightest bit of fear, but at the same time keep a framework in place that does not allow you to become reckless. That's exactly what this book is designed to teach you. 
As you move ahead, I would like you to keep something in mind. The successful trader that you want to become is a future projection of yourself that you have to grow into. Growth implies expansion, 
learning, and creating a new way of expressing yourself. This is true even if you're already a successful trader and are reading this book to become more successful. Many of the new ways in which you will learn 
to express yourself will be in direct conflict with ideas and beliefs you presently hold about the nature of trading. You may or may not already be aware of some of these beliefs. In any case, what you currently hold to be true about the nature of trading will argue to keep things just the way they are, in spite of your frustrations and unsatisfying results. 
 
These internal arguments are natural. My challenge in this book is to help you resolve these arguments as efficiently as possible. Your willingness to consider that other possibilities exist—possibilities that you may not be aware of or may not have given enough consideration to—will obviously make the learning process faster and easier. 
 
Source : trading in the zone by mark douglas

Road to Success 3: Mental Analysis

If technical analysis works so well, why would more and more of the trading community shift their focus from technical analysis of the mar...

The Road to Success 2: Technical Analysis

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 Technical analysis has been around for as long as there have been organized markets in the form of exchanges. But the trading community didn't accept technical analysis as a viable tool for making 
money until the late 1970s or early 1980s. Here's what the technical analyst knew that it took the mainstream market community generations to catch on to.  A finite number of traders participate in the markets on any given day, week, or month. Many of these traders do the same lands of things over and over in their attempt to make money. In other words, individuals develop behavior patterns, and a group of individuals, interacting with one another on a consistent basis, form collective behavior patterns. These behavior patterns are observable and quantifiable, and they repeat themselves with statistical reliability. 
 
Technical analysis is a method that organizes this collective behavior into identifiable patterns that can give a clear indication of when there is a greater probability of one thing happening over another. In a sense, technical analysis allows you to get into the mind of the market to anticipate what's likely to happen next, based on the kind of patterns the market generated at some previous moment. As a method for projecting future price movement, technical analysis has turned out to be far superior to a purely fundamental approach. It keeps the trader focused on what the market is doing now in relation to what it has done in the past, instead of focusing on what the market should be doing based solely on what is logical and reasonable as determined by a mathematical model. On the other hand, fundamental analysis creates what I call a "reality gap" between "what should be" and "what is." The reality gap makes it extremely difficult to make anything but very long-term predictions that can be difficult to exploit, even if they are correct. 
 
In contrast, technical analysis not only closes this reality gap, but also makes available to the trader a virtually unlimited number of possibilities to take advantage of. The technical approach opens up 
many more possibilities because it identifies how the same repeatable behavior patterns occur in every time frame—moment-tomoment, daily, weekly, yearly, and every time span in between. In 
other words, technical analysis turns the market into an endless stream of opportunities to enrich oneself.

The Road to Success 2: Technical Analysis

Technical analysis has been around for as long as there have been organized markets in the form of exchanges. But the trading community d...

The Road to Success 1 : Fundamental analysis

Fundamental, technical, or mental analysis? Analyzed your trading with <a href="http://forex-cricket.blogspot.com/" target="_blank">forex plus</a>. 
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Who remembers when fundamental analysis was considered the only real or proper way to make trading decisions? When I started trading in 1978, technical analysis was used by only a handful of traders, who 
were considered by the rest of the market community to be, at the very least, crazy. As difficult as it is to believe now, it wasn't very long ago when Wall Street and most of the major funds and financial institutions 
thought that technical analysis was some form of mystical hocus-pocus. 
 
Now, of course, just the opposite is true. Almost all experienced traders use some form of technical analysis to help them formulate their trading strategies. Except for some small, isolated pockets in the 
academic community, the "purely" fundamental analyst is virtually  extinct. What caused this dramatic shift in perspective? I'm sure it's no surprise to anyone that the answer to this question is very simple: Money! 
 
The problem with making trading decisions from a strictly fundamental perspective is the inherent difficulty 
of making money consistently using this approach. For those of you who may not be familiar with fundamental analysis, let me explain. Fundamental analysis attempts to take into consideration all the variables that could affect the relative balance or imbalance between the supply of and the possible demand for any particular stock, commodity, or financial instrument. Using primarily mathematical models that weigh the significance of a variety of factors (interest rates, balance sheets, weather patterns, and numerous others), the analyst projects what the price should be at some point in the future. 
 
The problem with these models is that they rarely, if ever, factor in other traders as variables. People, expressing their beliefs and expectations about the future, make prices move—not models. The fact that a model makes a logical and reasonable projection based on all the relevant variables is not of much value if the traders who are responsible for most of the trading volume are not aware of the model or don't believe in it. As a matter of fact, many traders, especially those on the floors of the futures exchanges who have the ability to move prices very dramatically in one direction or the other, usually don't have the slightest concept of the fundamental supply and demand factors that are supposed to affect prices. 
 
Furthermore, at any given moment, much of their trading activity is prompted by a response to emotional factors that are completely outside the parameters of the fundamental model. In other words, the people who trade (and consequently move prices) don't always act in a rational manner. Ultimately, the fundamental analyst could find that a prediction about where prices should be at some point in the future is correct. But in the meantime, price movement could be so volatile that it would be very difficult, if not impossible, to stay in a trade in order to realize the objective.

The Road to Success 1 : Fundamental analysis

Fundamental, technical, or mental analysis? Analyzed your trading with forex plus . Who remembers when fundamental analysis was consider...

What Is Scalping

Scalping comes from the United Kingdom (scalp) which means it was fleas jump. Well with this type of scalping trading is indeed more or less adhered to this doctrine. Without downgrading the Scalper intends world, they often take advantage of the situation a very small price movements. For them, profits 10-15 points a day is already quite important is the stbilitity. The intent of this by taking advantage of that, as small as the Scalper holds that it is a lot easier than chasing gains 100 points in a single trading. Often they also take the number of lots that are a lot more for one opening position compared to most traders. With a capital of $ 3000 if the Scalper can open the position up to 5 times! What if there is a margin call? Well point margin call it for them is their Stop Loss point! But rather when profit by 10 points they earn, just imagine 10 x 5 = 50 lots. But this time it's a lot easier because only targeted 10 points only. Not to mention due to only target profit 10 points, they can open a position many times to tens of times a day. Hmm ... how active they are! For a scalper, spread extremely important role for them. The scalper often look for brokers with a very small spread. The smaller will be the better because of their 1-2 points difference alone is very important. That's why they used to trade on a foreign broker. Advantages of trading with a model like this is easy it is We get the profit that we pursue. The movement of 10 points is even when the market is being very-very quiet and exchanges of London and New York are closed! The liveliness of our opening position is also certainly a lot bigger. The included capital also need not be large at all. $ 3000 was more than enough. Even the $ 1000 was not the problem. Well that's what yg is scalping, certainly in customize with each trader's style and origin of profit closed all shutdown pc/laptop keeps refresing .... hehehehe Keep smiley with forex plus...

What Is Scalping

Scalping comes from the United Kingdom (scalp) which means it was fleas jump. Well with this type of scalping trading is indeed more or less...

See trend by Ichimoku

By utilizing Trading trend is the easiest way to generate higher profits, rather than not following the trend. So did the Ichimoku, which can be said as an indicator of the trend because the signal only appears when the trend is going. How to identify the trend has turned, and a new beginning. So traders can see clearly on the reversal of a transaction, use the <a href="http://forex-cricket.blogspot.com/2013/11/see-trend-by-ichimoku.html" target="_blank">Ichimoku indicator.</a> 
 
However, many of the traders didn't know how to take maximum advantage of a price movement once the indicator Ichimoku signals. One of the ways to make trading more profitable is by using a strategy of scaling out. Scaling out is the strategy process from the open position gradually, when the previous position had already reached a certain profit. So that we can increase profits by following a continuation of existing trends. 
 
Because you apply a strategy of scaling out, then the transaction will indirectly has its disadvantages, namely when the price turns out to be reversible whereas we've already opened the position a lot. Then the risk of MC (Margin Call) will appear. So be aware of the occurrence of reversal of risk management is key to the strategy of scaling out. 
 
Once you know the benefits and risks of the use of scaling out strategy, then it is time to know when is the best time for trading based on Ichimoku signals. The best time for trading based on <a href="http://forex-cricket.blogspot.com/2013/11/two-important-functions-ichimoku.html" target="_blank">Ichimoku signals</a> is immediately after the transfer of the cloud on Ichimoku. 
 
When you first open position is already started, you can focus on the reflection of the price support level when the trend happens to be riding. 
 
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEioLYHd5czcnOI934TB4Js1OD5fSBzEdVphJjZfSE77NHKbpPVEZGZv6nEY3U83CK2SjtPMrMmMLreQ7VICgczAixbUYgIdCMpMSgjAjU1cqrwN9z95hxNlvd6plsL1QagL1wYmxRjQQnoe/s1600/ichimoku+forex+1.png" style="margin-left: 1em; margin-right: 1em;"><img alt="See trend by Ichimoku" border="0" height="176" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEioLYHd5czcnOI934TB4Js1OD5fSBzEdVphJjZfSE77NHKbpPVEZGZv6nEY3U83CK2SjtPMrMmMLreQ7VICgczAixbUYgIdCMpMSgjAjU1cqrwN9z95hxNlvd6plsL1QagL1wYmxRjQQnoe/s320/ichimoku+forex+1.png" title="See trend by Ichimoku" width="320" /></a> 
 
Whenever you want to trade when the price was out of the clouds and want to add positions in the hope the trend continues, then you can look for other <a href="http://forex-cricket.blogspot.com/2013/11/ichimoku-cloud.html" target="_blank">Cloud on Ichimoku</a> signals as a way of opening a new position. 
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbHgN876CbCTiXlqOerTwel-s7zHJnptQVmoLA0Qvnl8vgICd40CR2qxKKMPZ3akEwFSrzIHD0QFlgU0ZBsYR-J50AAhOIP9qqGeZjzNOBQG_vO1shEHCjDJc3b2L7s94Va_ABekO6QbZA/s1600/ichimoku+forex+2.png" style="margin-left: 1em; margin-right: 1em;"><img alt="Cloud of Ichimoku" border="0" height="176" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgbHgN876CbCTiXlqOerTwel-s7zHJnptQVmoLA0Qvnl8vgICd40CR2qxKKMPZ3akEwFSrzIHD0QFlgU0ZBsYR-J50AAhOIP9qqGeZjzNOBQG_vO1shEHCjDJc3b2L7s94Va_ABekO6QbZA/s320/ichimoku+forex+2.png" title="Cloud of Ichimoku" width="320" /></a> 
From the pictures above you can observe and use the strategy of scaling out is easy. So in itself advantages that will come by getting bigger. Much bigger than other strategies instead. This strategy, typically hedge funds managers are also often make use of scaling out to boost their transactions. We're sure once you practice diligently, the result is sure to be seen with the balance continues to grow.

See trend by Ichimoku

By utilizing Trading trend is the easiest way to generate higher profits, rather than not following the trend. So did the Ichimoku, which ca...

Ichimoku Cloud

Many traders worldwide will identify their trade in accordance with the time horizon of their dwellings. A trader might just become day traders. While the other tends to be traders who take advantage of her position, the focus for the hunt for the movement of swing, or late reversal, on the movement of the boom. Some of the indicators that have been created can possibly meet the types of traders, so too with the cloud on Ichimoku. 
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjkOANNnDFdELyS7RyqlO_NS4GCNLynMQ4fFYvwDcuSihvVfoBS9g3ZUNsfnQksK3uvi95RmExDsAvJ7_G579i5rhl6c0LZy_UpIq6fukf9xoxB065BL9RnTyd2njAj9M2MmnLGgFs6sS7/s1600/forex+plus+Ichimoku.png" style="margin-left: 1em; margin-right: 1em;"><img alt="Ichimoku Cloud" border="0" height="183" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjkOANNnDFdELyS7RyqlO_NS4GCNLynMQ4fFYvwDcuSihvVfoBS9g3ZUNsfnQksK3uvi95RmExDsAvJ7_G579i5rhl6c0LZy_UpIq6fukf9xoxB065BL9RnTyd2njAj9M2MmnLGgFs6sS7/s320/forex+plus+Ichimoku.png" title="Ichimoku Cloud" width="320" /></a> 
All traders, wherever they are, can use the Ichimoku Cloud to identify the trend as early as possible and get the maximum profit to the point of such a trend, before changes are made. Ichimoku Cloud reports from scratch, you have been told about the importance of cloud that appears in the chart. This does not mean the appearance of clouds from these indicators are valued by the market, although there are indeed some such indicator, or a cloud of these indicators have a mystical power. But the cloud is a powerful depiction of the disposition of the market. When you combine cloud with the price you specify, then that's where the signals and trends can be identified very well. You must know about <a href="http://forex-cricket.blogspot.com/2013/11/two-important-functions-ichimoku.html" target="_blank">Two important function ichimoku </a>to applied this indicators. 
 
An important distinction must be made upon the consensus of the market varies all over the time frame. If you often use a daily chart, maybe you will see a very different picture from other traders who focus on minute 30 or multi hour charts. Each time frame has the risk of each that have notable differences (in relation to pips at stake versus profits that want to attain). Therefore, it's good You define your own time frame that is most convenient for you, and apply the indicators of your choice on the chart. Rather than figuring out which time frame produces many benefits for you.

Ichimoku Cloud

Many traders worldwide will identify their trade in accordance with the time horizon of their dwellings. A trader might just become day trad...

Martingale strategy ?

Martingale strategy is a strategy to get the profit by covering the total loss from the previous transaction through a doubling of capital. Therefore, when using martingale strategy, risk in the next transaction always rises with increasing losses. Rules of the game this is a martingale strategy when you transact the lot and if the result is a loss, then on subsequent transactions using lot 2 times. So when the final transaction of profit, the profit can already cover all losses from previous transactions. 
 
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Techniques of martingale is simple, for example:</div>
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-First, pairs of 1 lot and lost</div>
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-Secondly, attach the 2 lots (2 times before) and lost</div>
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-Third, plug the 4 lots and lost</div>
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-Fourth, 8 pairs lot finally win</div>
 
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This illustration can be seen in the example below:</div>
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BUY 1 lot =-$ 10 (loss)</div>
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BUY Lot 2 =-$ 20 (loss)</div>
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BUY Lot 3 =-$ 40 (loss)</div>
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BUY Lot 4 = + $ 80 (Profit)</div>
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----------------------------------- +</div>
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Profit = + $ 10</div>
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</div>
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By using these principles, the number of lots must be 2 times larger than the previous (so that the number of lots are always 1 step ahead of previous defeat so that if WINS then losses previously closed and also earn a profit). Seen in theory, techniques of Martingale is definitely going to win. However, the problem is the Martingale on the question "when is winning?" This Strategy is great for gamblers with large capital due to "Margin Call" at any time will suck your capital.  </div>

Martingale strategy ?

Martingale strategy is a strategy to get the profit by covering the total loss from the previous transaction through a doubling of capital. ...

Manual Trading VS EA Trading

Definitely initially all traders trading yourself manually. Then as time goes by, there remain further manual trading and there are turning to automated trading with robots. Not everyone has enough time to check the Forex market. Perhaps the thing that makes the trader to switch to using the robot for trading. Autotrading Robot or commonly referred to with the term "Expert Advisor" (EA), is an electronic device that works on its own to explore the opportunities of open trade, open either sell or buy in the forex market. Robots are here not to physically. But a software to trade forex automatically. Without you doing Buy/Sell orders, the robot will work on its own for you. Trading two ways: i.e. the own trading manually and trading with expert advisor (robot). Each has advantages and disadvantages. While in manual trading itself we can follow the movement of the market. We can avoid larger losses, when a position is wrong and enlarge the advantage when the position is correct. Because the Forex market is very flexible and complex manual trading then it is very good. In this way, however, still has its disadvantages, namely on emotions, psychology and greed. The third thing that makes trader suffered a lot of losses (loss). To cope with the required flying hours is enough. So the bottom line benefits of trading manual and robot lies in the accuracy of the indicators that we use to conduct transactions. If the indicators that we use proven profitable results are certainly nice. And conversely, if an indicator we use is not profitable results are certainly ugly. While trading with robots have advantages, namely discipline. Whatever its condition when it was entering the criteria then it will be instantly executed without thinking anymore. However trading with robots that are very rigid, whereas the market is extremely flexible and complex. If a robot could profit by trading, I am very sure it will not be able to last a long time and be consistent. Excess 
<ol>
<li>not too time-consuming. Just spend a little time on a weekly basis-for example, to search for and analyze a system of trading.</li>
<li>forex analysis does not require in-depth and manuals, because your analysis is the performance of the individual trader/system/. Nevertheless the General knowledge about forex and analyze remains important. We recommend that you remain steeped in analysis at your leisure.</li>
</ol>
 Weakness 
<ol>
<li>Less flexible, we cannot decide when to open transactions. So stay abreast of course. But there are several such systems on zulutrade we can decide to stop/close the transaction if it is not matched by trading more lucrative way. In addition it could also decide to stop/hold to the provider who we follow now.</li>
<li>More expensive, due to the presence of the Commission/parts we have to pay to the provider/system signals except when wearing a personal trading robot.</li>
</ol>

Manual Trading VS EA Trading

Definitely initially all traders trading yourself manually. Then as time goes by, there remain further manual trading and there are turning ...

Stochastic Indicators

Stochastic Indicators made by George Lane in the 50 's is very popular used in trading on almost all types of market including forex. By knowing the nature of a technical indicator, it will be easy for traders to use it in real market conditions. Stochastic Indicators is oscillator often used by traders to identify the existence of a reversal of the trend and to determine how to open a position when it follows the movement of the market. To understand the indicator stochastic theory of understanding required overall pattern Elliott wave formation (see <a href="http://forex-cricket.blogspot.com/2013/10/elliot-wave-theory.html" target="_blank">Elliot Wave Teory</a>)). But as written by author George Lane, to find out the nature of the stochastic does not have to learn Elliott wave with detail but rather simply by using only the basic concept of the approach only. 
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-RpdVFMfHREM1EZhC5RCR9JddHZommMjz1Wz7OztGogPLZg90oP4hZuIk9f84i0sX7vTRbZnmWGQhTTZBt9xLcUmC_WKuECE0gajoNGiw1CILvvcCqT8Zl7p5D5XGv6p9j7j99YK2jVbS/s1600/stochastics.png" style="margin-left: 1em; margin-right: 1em;"><img alt="Stochastic Indicators" border="0" height="250" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-RpdVFMfHREM1EZhC5RCR9JddHZommMjz1Wz7OztGogPLZg90oP4hZuIk9f84i0sX7vTRbZnmWGQhTTZBt9xLcUmC_WKuECE0gajoNGiw1CILvvcCqT8Zl7p5D5XGv6p9j7j99YK2jVbS/s400/stochastics.png" title="Stochastic Indicators" width="400" /></a></div>
 
Stochastic basically compute a value close to the range (high/low) for a certain period. Stochastic indicators in the chart consists of two lines:% K – is the main line which is usually shown with thick line% D – is a moving average of the% K, usually depicted with a thinner line or dotted line. In theory, there are 3 type stochastic, i.e. full, slow and fast stochastic. Although in some of the trading platform is available only 2 type stochastic, i.e. fast and slow stochastic. The Slow stochastic is a more subtle version of the fast stochastic, while the full version of the subtlest is stochastic. In General, the interpretation of these indicators are: Buy when the% K under the oversold level (under 20) and ride back to the same level when the Sell is on top of K% overbought level (above 80) and fall back to the same level the above Interpretation of the most commonly used by most traders. 
 
Stochastic itself has two components that stripe red line called stochastic slow and light blue lines are called stochastic fast. RSI indicators will help you determine the overbought or oversold area open in the event of a reversal of the price. The uniqueness of the stochastic indicator is the use of two lines, the line% K and% D, as an entry signal. Because the oscillator overbought or oversold readings have the same, you just need to find the line K% line% D which cuts to a strong buy signals identify when a trend is taking place. 
 
The line% K young, while the blue line% D is red. For line% k does not do the crossing or the cross, then the assumed trend is still ongoing. And when that happens, the trend is considered to have reversed course. Determination of the trend reversal, you can see the red line and blue line. If the light blue line and red line are already saturated at the point of purchase, and a line of light blue trim red lines, it's time You immediately open sell.

Stochastic Indicators

Stochastic Indicators made by George Lane in the 50 's is very popular used in trading on almost all types of market including forex. By...

RSI Meta4 Indicators

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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLxEopuuX5QKxfRiHyXVfG2IKmsiA7onjcP_bEgdROXYrLveb4Ugx1Q63H6Na-cxFWoBFwz6o2zOQHln0CFF7hUfWzIeAIAGwwU0trAoq2AWESLqswOxKAQvz7xkWFtJPE6KjDRUIFd_Zz/s1600/RSI+-1.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="RSI Meta4 Indicators" border="0" height="237" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLxEopuuX5QKxfRiHyXVfG2IKmsiA7onjcP_bEgdROXYrLveb4Ugx1Q63H6Na-cxFWoBFwz6o2zOQHln0CFF7hUfWzIeAIAGwwU0trAoq2AWESLqswOxKAQvz7xkWFtJPE6KjDRUIFd_Zz/s320/RSI+-1.png" title="RSI Meta4 Indicators" width="320" /></a></div>
RSI (relative strength index) indicator is an indicator that can be used to indicate overbought/oversold conditions, positive/negative divergence, and also a price reversal of momentum trading. The value of RSI itself always in the range of 0-100. The most basic function of RSI is to look for a buy signal when prices exceeded 30 lines or, where price will probably reach the point of moving oversold. For that, look at the screenshot below is an example of the use of <a href="http://forex-cricket.blogspot.com/" target="_blank">RSI indicator</a>. 
 
RSI moves according to the current price at the time. It would indeed be a common trait of the indicators. Therefore, traders often use a moment such as this, to make deals with the indicator RSI. However, if there are new prices in progress, sometimes can cause the indicator to be incompatible with the price movement. The nature of the RSI that is looking for and determine when the price reversal occurs. When price is moving up to level 30, then was named as oversold. While oversold is a good time to make a purchase or buy action, because the price of the currency at the time in a State of bearish (down). But if the movement rates were below the level 70, then this is known as overbought. Overbought when is a good time to sell. 
 
A trader must have a strong risk management. Because of the trend can be changed at any time, at a certain time, the trend could develop more quickly, or even reverses direction without us guess. Price at any time can counteract the transaction we have made. So, use with appropriate risk management to minimize the possibility of losers.

RSI Meta4 Indicators

RSI (relative strength index) indicator is an indicator that can be used to indicate overbought/oversold conditions, positive/negative div...

Wait and See..

Each person must have had a different character to each other. Anyone who likes to walk, ride a bike or riding in a car when leaving for school. So too with forex, each trader has different characters, some like scalping, there's a rather long time trading, and so on. It all is grace from God that should be grateful. In this blog I'll share my tens even hundreds of <a href="http://forex-cricket.blogspot.com/search/label/Meta4%20Indicators" target="_blank">meta4 forex indicator.</a> Any indicator, you must match the rule from a model indicator itself, kapun should get and when to get out. Personal experience, the most difficult is disciplined and consistent to the indicator used. Too much indicator causes the mind doesn't focus and confused. <a href="http://forex-cricket.blogspot.com/2013/10/jesse-livermore-1877-1940.html" target="_blank">Jesee Livermore</a> said "Always wait for confirmation both in terms of technical and fundamental before actually doing the order buy or sell". If see chart below which are the most excellent for open trade? 
 
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYQp0sCye-LpdIh1QbwGogt5t1Sqpaegw0VsjGbn0DTqzE1zF8QHjRYcE_UzVa7oDSbZhDGPNuOZuCABQvBFbU0VZCW0g1tThGS6NXpZGwqfjo0UsRM37aQ6EQ0FPqOmPMp1mgtdJYTe4d/s1600/gbpusd-m15-octa-markets-inc.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYQp0sCye-LpdIh1QbwGogt5t1Sqpaegw0VsjGbn0DTqzE1zF8QHjRYcE_UzVa7oDSbZhDGPNuOZuCABQvBFbU0VZCW0g1tThGS6NXpZGwqfjo0UsRM37aQ6EQ0FPqOmPMp1mgtdJYTe4d/s320/gbpusd-m15-octa-markets-inc.png" width="320" /></a></div>
BUY signals appear in support 1 
 
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If blue dot (buy signal) appear in support 3, what do you do ? 
 
Indicators that i used is <a href="http://forex-cricket.blogspot.com/2013/09/alarm-tf15.html" target="_blank">Alarm TF15</a>

Wait and See..

Each person must have had a different character to each other. Anyone who likes to walk, ride a bike or riding in a car when leaving for sch...

Fibo Meta4 Indicators

Fibonacci was already so popular to traders. So now it's almost all trading platform there is a fibonacci calculator facility, which will automatically calculate and stayed put. Some things to note in the use of indicator fibonacci: 
 
Fibonacci Retracement Levels 
This level of functionality is for informational Support of Resistance, where usually trader will open buy/sell after the price touched the level points 
 
Fibonacci Extension Levels 
Traders generally use this level to determine the position of the point where they have to take the take profit. 
 
A few things to note are: 
<ol>
<li>Fibonacci indicator only works properly in the event of a trend</li>
<li>To be able to use fibonacci you must specify the swing/lowest price and highest range.</li>
</ol>
 The picture below is the fibonacci indicator (FiboPiv_v3) 
 
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqrslgRoS0mPaMmag1sh8OPAcpK6Zp8MerNTP0cY0F1dYI7QFPB6miBvWF5mvtB9oN_Gkp6QYkFLP2-xLbiqe9Kno2c0nKnm4N71WaB9FnpyPA-Gh0udR-aIaLnyj9gm16HQE2gX5iRWu8/s1600/fibo.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="FiboPiv_v3" border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqrslgRoS0mPaMmag1sh8OPAcpK6Zp8MerNTP0cY0F1dYI7QFPB6miBvWF5mvtB9oN_Gkp6QYkFLP2-xLbiqe9Kno2c0nKnm4N71WaB9FnpyPA-Gh0udR-aIaLnyj9gm16HQE2gX5iRWu8/s320/fibo.png" title="FiboPiv_v3" width="320" /></a></div>
 
A combination of FiboPiv_v3 with FiboFan_8 
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5LZecmS7tYmiVBOmGtceUhCh7kaKWwK4NiFP9yjNk13z5sJu0h7BUHDZ_CVGTcaZ3WmY4wM9gzIN17HMwR6PI-qsNKPymcDR6haxjfpE4Agk2d6-CJ0uqMcNt13m6PELgsDH831DCqb3t/s1600/fibo8.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="FiboFan_8" border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj5LZecmS7tYmiVBOmGtceUhCh7kaKWwK4NiFP9yjNk13z5sJu0h7BUHDZ_CVGTcaZ3WmY4wM9gzIN17HMwR6PI-qsNKPymcDR6haxjfpE4Agk2d6-CJ0uqMcNt13m6PELgsDH831DCqb3t/s320/fibo8.png" title="FiboFan_8" width="320" /></a></div>
 
For those of you who want to know the history of the emergence of the fibonacci indicator please read the history of <a href="http://forex-cricket.blogspot.com/2013/09/fibonacci.html" target="_blank">Fibonacci Theory</a> 
 
<a href="https://app.box.com/s/m1lqp884btu7zcmc7ykk" target="_blank">Download Fibo Meta4 Indicator  </a>

Fibo Meta4 Indicators

Fibonacci was already so popular to traders. So now it's almost all trading platform there is a fibonacci calculator facility, which wil...

Bollinger Bands

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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGUT9Y1O5G0jHB2QWrfA_IplB4BCWD_BXYqS1CvHaLIBnfEAMfItUUuN57Up2GKxc1WcIVfDCP_D0JWlggve-BTVdQdPlc3Lm-pZcTC3TDJKka6Qr5M-lgh6NAveUzi89VgcETzD1X55KD/s1600/BollingerBands1.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"> </a></div>
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGUT9Y1O5G0jHB2QWrfA_IplB4BCWD_BXYqS1CvHaLIBnfEAMfItUUuN57Up2GKxc1WcIVfDCP_D0JWlggve-BTVdQdPlc3Lm-pZcTC3TDJKka6Qr5M-lgh6NAveUzi89VgcETzD1X55KD/s1600/BollingerBands1.jpg" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="Bollinger Bands" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGUT9Y1O5G0jHB2QWrfA_IplB4BCWD_BXYqS1CvHaLIBnfEAMfItUUuN57Up2GKxc1WcIVfDCP_D0JWlggve-BTVdQdPlc3Lm-pZcTC3TDJKka6Qr5M-lgh6NAveUzi89VgcETzD1X55KD/s1600/BollingerBands1.jpg" title="Bollinger Bands" /></a>Bollinger bands, developed by John Bollinger, Bollinger Capital Management in the 1980s, based on the size of the recent price action volatility. Bollinger used two standard deviation closing price and plotted the values above and below a simple moving average. The default parameters for the use of a simple Bollinger bar-20 moving average, and trading a planned line 2 standard deviation above and below the moving average. Using Bollinger bands can be improved by simple changes in CQG, which will be explained following this overview of the classical approach. 
 
Trading bands tend to capture about 90% of the price data, less than about 95%, which will emerge if the market does not show a higher than normal level of variability in the average. 
Bollinger band aims to provide a relatively high definition and low. By definition, the high price of above and below the lowest band. This definition can help in a tight pattern recognition and is useful in comparing price action action indicators to arrive at systematic trading decisions. 
 
Bollinger band using a variety of traders. Some traders buy when price touches the lower Bollinger band and quit when the price reaches an average of moving the troops. Other traders buy when the price breaks above the upper Bollinger band or when the price falls below the lower Bollinger band. In addition, the use of Bollinger bands is not limited to forex traders; option implied volatility traders, especially traders often sell when Bollinger bands historically far or buy options when Bollinger bands historically close together, in either case, expect volatility to return to the average historical volatility to the market price. 
 
Traders will vary the length of the moving average and standard deviation, based on how often they want to trade signals. 
 
Technique 
The tendency to contract and expand is the main value of the Bollinger bands. Market trends tend to come from a period of low volatility, which appears as a sideways movement in the price chart. When the market moved in a narrow range, the Bollinger bands will contract as the closing price are grouped around the average price. 
 
Often, the market is marking time, waiting for some news that major economic statistics. When the news was announced, the market may move to a sustainable trend. The value of Bollinger bands is that you can identify the situation of low volatility, which can then be used as a condition in the Forex plus (for example, the difference between the upper and lower Bollinger band has fallen below a certain threshold), the conditions for marking graph or as a warning, a personalized learning components, or as a rule in systems for further analysis of marketing. 
 
On the other hand there is a tendency to memperllebar during Bollinger trend. In fact, the beginning of a trend that will lead to two Bollinger to move in the opposite direction. This expansion confirms this trend. As a market trend, no slow momentum will result in the Bollinger bands are likely to change the direction of the trend. This is the first sign of losing momentum, and a reason to get out or take profits. 
 
In addition, both the Bollinger bands will begin to contract, reminding yourself early trading range, and gives you a reason to get out of the whole trade. Both of these events can be the basis for the alert conditions or custom rules in trading systems. 
 
A challenge with Bollinger bands are going to have to wait for the bar to close before they can determine the value end of the Bollinger bands. In other words, the value of the Bollinger band fluctuates with a lively bar. 
 
If the market is surging upward, the Bollinger bands will increase and may be on the high bar at the moment. If the market turns around and closes the mid-range to high bar can now be tagging the top Bollinger band, but that is because in addition to under the sea creature. Labeling is not high on Bollinger when height actually happened. 
 
Look back at the top of the graph, you can see that there are clearly points where Bollinger breakout trend marked or tagged the band marked the end of the trend. But you won't know if this is the case, while the bar is lively as Bollinger bands move with prices. You do not have a fixed frame of reference. 
 
Bollinger bands advanced 
Instead of using Bollinger bands as a direct calculation of the current bar, set the Bollinger bands as a frame of reference fixed by creating a private study that use the Formula Editor. Create a custom study for Bollinger bands and studies to low using the lookback period Bollinger band of your choice, but click and select offset-1. Advanced custom studies, Bollinger band who planned the previous value of the current live band Bollinger's bar, providing you with a fixed frame of reference. 
 
Bollinger bands-advanced can be used as support and resistance levels. Bollinger bands are fixed price locks from the bar at the moment. Acne Bollinger bands indicate that continued market move past previous levels containing the price action. Breakout that reverses the resumed between Bollinger bands-advanced will signal a false breakout.

Bollinger Bands

Bollinger bands, developed by John Bollinger, Bollinger Capital Management in the 1980s, based on the size of the recent price action vola...

The Top Ten most Influential News

In fundamental analysis schedule news is important to be aware of. Forex calendar that pops up every week you can see in the website or your...

Elliot Wave Teory Part 2

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An attribute theory Elliot is actually a simple understanding about a certain unique pattern that is formed naturally by the market and the patterns formed over the psychological basis of demand and supply price all traders of the world. 
 
Philosophical basis of the mechanism of market forces: that if Supply is more powerful then the price will go down, and vice versa when Demand is more dominant, then the price will go up. push the pattern Patterns shape the Market (at least, this is the Philosophy that is owned by an attribute theory Elliot). 
 
Although the pattern of Elliot has about 21 variant patterns and we don't think it is possible to explain everything here, but Elliott Wave has the basic pattern of the entire Variant. 
 
The basic logic and understanding the above is: 
 
That if the price goes up at no. 1, 
 
then if some Traders assume that the price has been high enough in a period of rising, then they will sell/take profit at no. 2. 
 
When the price has been rectified, so most Traders will be back doing action buy and usually in times when these conditions will most wave length as seeing movement on the No. 1 then it will be more and more traders will do action buy at no. 3. 
 
When the price has climbed very high and seems "impossible" with a price increase, then again most of Trader's action take profit/sell at no. 4. 
 
When prices go back down and look very low, then the majority of the world's Traders return to action buy him at no. 5. 
 
(Motion and the understanding of the above, the same also with the condition the price down) 
 
well, maybe a Friend will ask: 
 
"How about if the price has reached No. 5?" 
 
Basic Elliott wave Pattern well above will usually be in a correction to the pattern as we describe below: 
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Well as we explain in the "page identifies Elliott wave an attribute theory" was commonly that Elliott wave having an understanding that: 
 
"Basically, the movement of the Market it like a wave, and in the huge Wave created is a small wave that is part of one unified & big waves." 
 
then a movements of the market forming the basis of the Elliot wave an attribute theory, does not cover the possibility that there is a wave-a wave that "again – again" formed a small wave. 
 
 
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as we said earlier, that the Elliott wave has 21 variant/patterns. well but it does not mean we have to memorize everything, because actually all the patterns has the same principles. If taken overview 21 variant then it would be a simple pattern Formation 3. 1. ZIG-ZAG ZIG ZAG formation looks to move strongly enough with the dominant Trend information and reflected the price (change of Trend) are also quite strong. Wave B usually is the most minor of wave A & C. <a href="http://brainforex.com/picture_indicator/elliot2-1.JPG" style="margin-left: 1em; margin-right: 1em;"></a> Zig zag patterns can occur twice or even three times in a period of correction. As we described earlier, the picture above each wave may have minor/wave-wave is small and can be broken into 5 waves pattern. 2. FLAT This pattern is actually giving us Information that market conditions are SIDEWAYS/FLAT. and that should be noted: <a href="http://brainforex.com/picture_indicator/elliot2-1.JPG" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="145" src="http://brainforex.com/picture_indicator/elliot2-1.JPG" width="320" /></a> Generally each Wave equal length sometimes wave B can exceed A wave 3. Triangle Triangle pattern is quite interesting because it can provide information and price movements after point "e". <a href="http://brainforex.com/picture_indicator/elliot2-3.JPG" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="165" src="http://brainforex.com/picture_indicator/elliot2-3.JPG" width="320" /></a> Triangle Wave consists of 5. This Triangle could just form a symmetric, ascending, descending, and so on. Good Luck,

Elliot Wave Teory Part 2

An attribute theory Elliot is actually a simple understanding about a certain unique pattern that is formed naturally by the market and th...

Elliot Wave Teory Part 1

In the year 1920-1930 there was a Genius and a Professional Accountant named Ralph Nelson Elliot. He worked as a professional accountant and he did research and analysis of financial data and stock. In his researched, Elliot found a "real fact" that the stock market moves as random movement or could not be analyzed is apparently not true. 
 
What's going on? in the course of his research for 11 years he finally put together a strong enough evidence about the movements of the stock of the world and the world shocked with Elliot discovery! 
 
He published a book about his theory that give title "THE WAVE PRINCIPLE". 
 
According Elliot, market moved repeatedly ! 
 
The meaning is the true meaning which repeatedly has the purpose that the market has hit the value of X, then in a certain period then the Market will try again to touch the value of X. And all the "Natural Philosophy" that happened, actually indicates Psychological and emotional Side of all the world's investors in News/information skyrocket by external influences such as CNBC, Bloomberg or also the influence of Psychological Domination that occurred at that time. 
 
Elliot said that the motion is upward and downward movements of the Market caused by the "Psychological conflicts" World traders, which always appear in the same patterns and shape the character of the wave. 
 
This is what makes an attribute theory of Elliot wave deeply so triggered the attention of the world at that time, because an attribute theory Elliot was able to give them a way to be able to analyze the movement of the Market and identify the right price point for entry/exit from the market. 
 
Elliot believes that, if you can identify the wave from the movement of the Market that look random then you can analyze when Entry and when to Exit the trade in those markets. 
 
But, like all emerging an attribute theory and introduce someone to the world, by then an attribute theory Elliot also must be proved by observation and claimed vindication in the market. Because of the demands of this Elliot forward with theory gave the name with "an attribute theory Elliott Wave" 
 
The basic logic is that given by the Elliot Wave an attribute theory are: 
 
"Basically, the movement of the Market it like a wave, and in the huge Wave created is small waves that are part of a whole and huge waves."

Elliot Wave Teory Part 1

In the year 1920-1930 there was a Genius and a Professional Accountant named Ralph Nelson Elliot. He worked as a professional accountant and...

Candlestick Technical

Many traders consider the candlestick charts more attractive and easily interpreted visually from the traditional bar graph. Each unit provides a representation of the candlestick easily parsed the motions of the price. Traders with segara can compare the relationship between the price of opening and closing as well as the highest and lowest prices. The relationship between opening and closing price is seen as a vital information and forms the essence of the candlestick. 



<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZylAG5wn5mRtP21XxYEcMS9565DvPq96SKKUY72sSBGN3RNIXGMP4kIWZkv7gDM8CmGpHnhfpaHZnSV6v0ykJQQm-6-p9wCT72qJZl5UYrOjaHUHokNTXBQ5Gk6BEgW3Yw4N5HvrJbTha/s1600/Candlestick.jpg"><img alt="Candlestick Technical" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZylAG5wn5mRtP21XxYEcMS9565DvPq96SKKUY72sSBGN3RNIXGMP4kIWZkv7gDM8CmGpHnhfpaHZnSV6v0ykJQQm-6-p9wCT72qJZl5UYrOjaHUHokNTXBQ5Gk6BEgW3Yw4N5HvrJbTha/s1600/Candlestick.jpg" title="Candlestick Technical" /></a> 
We can easily read the market conditions. By looking at patterns and candlestick type we can see the first signs of a reversal of direction or reversal. Empty Candlestick, where the closing price is greater than the opening price, indicates the pressure to buy. Otherwise solid candlestick, where the closing price is lower than the opening price, indicates the pressure sell. 
 
Among the many candlestick patterns & type, one of the important ones are: 

 
1. Morubozu 
Marubozu was bar full body without shadow. Usually an indication of the start of a trend will be sustainable. Candlestick is a stronger long Marubozu brothers, namely, black and White. Marubozu don't have upper and lower shadows, up to the highest point and the lowest price is represented by the opening or closure. 
 
White Marubozu forms when the opening price equals the lowest point and the price equivalent of the highest point of its closure. This indicates that the buyer's price control from beginning to end the trade. Black Marubozu forms when the opening price is equivalent to its highest point and closing price equates to the lowest point. This indicates that sellers control prices from beginning to end the trade. 
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2. Spinning Tops 
Candlestick with a long upper shadow, bottom shadow length and small body called with spinning tops. A long shadow reflect the reversal of its kind; spinning tops reflect doubt. Small Body (solid or empty) describing small movements from the opening to closing, and shadow indicate that neither the bulls maupaun bears the same active during that session. 
 
Although the session opened and closed with little change, high and low price moves significantly during that time. The buyer and the seller are unable to menangguk the fortunes and the results were ruled out. After a long hike or a long white candlestick, a spinning tops indicates the weakness of the bulls and there is a potential change or interruption of the trend. After a long decline or long black candlestick, a spinning tops indicate weakness bears and there is a potential change or interruption of the trend. 
 
3. Doji 
Doji occurs if the open price is equal to the price close so the body only form a line. A sign of Doji after White Bar (bar = bullish rise) trend indicate ride coming to an end, but these indications must be confirmed with the emergence of the black bar (bar = bearish down) and vice versa. 
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4. The Hammer and Hanging Man or a Shooting Star and Evening Star 
The Hammer and Hanging Man can also be an indication of a reversal in the trend direction as shown in the picture below, this indication must be confirmed also with a bar that happened afterwards. Terms of the Hammer and Hanging Man is a Shadow must be longer than the body. 
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhsC3-6hdj6TwXgxUpj_tc-PqpRLVcRYTfcv-umfqSvDIv9tNHPG7NsQRknRESfbsL6NYXyR9r4I_czv6W0lK11rafEYuRL_lw7pLbkuI0LaKJ-wamJP6Ka6lzFQLiGXF6zLzSfL2yX4vwL/s1600/hammer.jpg" style="margin-left: 1em; margin-right: 1em;"><img alt="Hammer and Hangingman" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhsC3-6hdj6TwXgxUpj_tc-PqpRLVcRYTfcv-umfqSvDIv9tNHPG7NsQRknRESfbsL6NYXyR9r4I_czv6W0lK11rafEYuRL_lw7pLbkuI0LaKJ-wamJP6Ka6lzFQLiGXF6zLzSfL2yX4vwL/s320/hammer.jpg" title="Hammer and Hangingman" /></a></div>
 
Indications indicated by candlestick could be made as early indications of price movements but cannot serve as a reference point because it is only trend indicates the movement for some of the candle to the fore.

Candlestick Technical

Many traders consider the candlestick charts more attractive and easily interpreted visually from the traditional bar graph. Each unit prov...