Forex Plus

Enaknya open di S3

Banyak pendapat yang mengatakan open BUY di akar dan SELL di puncak, pendapat ini 100% benar. Apabila harga sudah menyentuh titik support ke 3 / S3 bisa dipastikan harga akan naik sekitar 200 - 300 point untuk GBPUSD. 
 
Hal ini biasa terjadi sekitar jam 23.00 - 24.00. Kebiasaan pasar jika terjadi berita yang kuat (RED NEWS) sekitar jam 22.00 maka akan bergerak sangat kuat dengan indikasi indikator #Signal_Bar_V7 menunjukan signal Down "strong" maka harga akan menyetuh S3 seperti contoh dibawah ini: 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiL72QFSEtcTOVe5OgTAEYKV7v9lmCnQEP5rmW2RSjRksAu5o5zRNueDZx3FsYUPyXZrV3kscd0_pgAQvZRL40eUEbum1cIoQrchHGc4tlqOXiJuQg5xCAmrV_RojR53ncsvNPztWCitqjT/s1600/S3+tersentuh.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiL72QFSEtcTOVe5OgTAEYKV7v9lmCnQEP5rmW2RSjRksAu5o5zRNueDZx3FsYUPyXZrV3kscd0_pgAQvZRL40eUEbum1cIoQrchHGc4tlqOXiJuQg5xCAmrV_RojR53ncsvNPztWCitqjT/s640/S3+tersentuh.png" width="640" /></a></div>
Maka hasilnya setelah menyentuh S3 harga akan naik sekitar 200-400 poin. 
INGAT, kesempatan emas ini hanya berlaku jam 23.00 - 24.00 karena pada saat itu banyak trader yang take profit dan secara teori saya titik S3 adalah titik dimana pasar sudah sangat jenuh. 
 
Tapi besok pagi harinya situasi sudah lain karena pasar kembali bergejolak seperti biasa, bia turun dan juga bisa naik

Enaknya open di S3

Banyak pendapat yang mengatakan open BUY di akar dan SELL di puncak, pendapat ini 100% benar. Apabila harga sudah menyentuh titik support ke...

Looking for good EA robot

<div style="text-align: left;">
</div>
Choosing EA was tricky, but we can know easily where EA are good and which are not good, characteristics: if EA is discussed in many forums, or have ever been carried out tests on a particular site and show results satisfactory. That includes a good <a href="http://forex-cricket.blogspot.com/2015/05/looking-for-good-ea-robot.html" target="_blank">EA Robot</a>. 
 
From the author's experience, complete testing EA must pass through several ways, including: 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2T4fQKN0tPKeULBRCRQQsNE2dxTxUfi17gibyRSaobmwbNwKEO-Dhvjd4zCP6cGKBinWuiAlf-6G2CHwn1pONgYD3BhmKg4U781H8HWSo6pMU742FjYTFBB9ddXchNO-hF-zXsBtXaO4m/s1600/ea+robot.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="ea robot" border="0" height="186" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2T4fQKN0tPKeULBRCRQQsNE2dxTxUfi17gibyRSaobmwbNwKEO-Dhvjd4zCP6cGKBinWuiAlf-6G2CHwn1pONgYD3BhmKg4U781H8HWSo6pMU742FjYTFBB9ddXchNO-hF-zXsBtXaO4m/s200/ea+robot.jpg" title="ea robot" width="200" /></a></div>
 
A. The First step 
History market 
Well, the next step in preparing other technical things on metatrader, by making a much longer history. So that in testing we will backtest can more freely choose the date, month, and year that we should try to do a back test. So more data history better. 
 
B. Second Step, 
Stage Testing 
At this testing phase, EA is prepared to do the test. Before the test is done, the user must know the characteristics of EA, EA rule system used, and what techniques contained in the EA. If you already know, you can do the test well. Test the following details are required: 
 
1. back test 
In the first way, the EA can be tested quickly on metatrader. EA is tested in a few moments can already diketahi how draw down, how much profit, how much loss is generated, whether or not grap (up / down), or even how many transactions are generated. In other words, use a faster backtest results received by the user in obtaining information from EA. But, back test itself still has its advantages and disadvantages. What are the advantages and disadvantages? 
 
Excess 
- EA is able to display the desired information as soon as the user 
- Error code, and other technical can be known soon 
- Test can be repeated anytime 
 
Shortage 
- Not necessarily accurate when tested on account 
- Test only at a specified price history user 
- The longer the history data, the longer the time it takes to do the Test 
 
2. Forward Test 
How to do forwardTest is to use a broker account data, both real account, as well as demo account. Here are the details Forward Test using the account: 
 
Real Account 
On this test, the EA must be run using a personal computer or rent a VPS. Minimal use of this Real Test Account is 3 months to 1 year (which is important not less than 3 months). We recommend rent a VPS is better than using a personal computer. Why? The risk of a fatal error occurs using a personal computer larger than renting VPS. Required additional features to measure Forward Test. However, the advantages and disadvantages of Forward Test still exist, including the following: 
 
Excess 
- Data is fixed and accurate 
- EA thoroughly tested whether or not the system used 
- Can know EA gain and actual draw down 
 
Shortage 
- Test EA is much longer than the back test 
- Server for Test EA must be active 24 hours for 5 days in 1 week 
- EA can not be expected to consistently profit forever 
 
Demo Account 
Demo account, EA is still recommended to use the VPS. On this account EA continues to run similar to the real account. But there are still advantages and disadvantages in a demo account, including the following: 
 
excess 
- Users do not need to use the money as the test material test Original EA 
- EA could walk like / just like in a real account 
- Draw down, gain, equity, and the balance 
 
shortage 
- Data on the demo account a little late on the estate account data (milliseconds) 
- Profit from EA test can not be taken, so the performance after WD unknown 
- It took longer than do back test 
 
Delivery Server 
This test needs to be done because on each broker server definitely has the performance of each on each EA that we will test. This test only as supplementary / complementary in doing Test. Can use a real account or a demo account as a test. If necessary use a test in both accounts (demo and real). VPS uses to keep accounts is recommended. However, many shortcomings and advantages in this test, including: 
 
excess 
- Able to detect a good EA is where in server 
- Users can determine the speed of data transfer server transaction results EA 
- EA produces more profit on a particular server 
 
shortage 
- Data between servers have different (milliseconds) 
- Execution EA between servers sometimes different (slower) 
- It takes a lot of servers for testing Test EA 
 
 
C.  Third step 
Stage of completion 
At this stage of the EA has been completed in the trial. The necessary data after testing is completed are as follows: 
 
Record Draw down 
It is important, the results of the EA considered dangerous or not seen on this way. For the record the test results EA. 
 
Results Profit 
Profit EA is required for use in the value of investments which we will do later. Both the poor EA views of how much profit he made. 
 
Results Loss 
This information is important for use in long-term investments consider. Information on expected high losses that could still be tolerated and anticipated likely to be found again in the future. 
 
Equity and Balance 
If the test results indicate Equity and balance are not together, most likely the EA market could be defeated in the long run. Better to avoid before bad things happen to you. 
 
Gain 
This information is important, because as an indicator of the profit that we get later in the form of percent (%), if EA can produce 100% per month, we can estimate the course after 12 months is not it? 
 
D. Conclusion 
EA in the assay itself took a test that is more than just a test because: 
- The results of the backtest is not the same as the forward test results. 
- Results live / real test is not the same as the demo test results. 
- Fellow demo / real account was not the same as when different servers.

Looking for good EA robot

Choosing EA was tricky, but we can know easily where EA are good and which are not good, characteristics: if EA is discussed in many forum...

DPS V1.0

<ol>
<li>Copy the inside 5 files to your MT4  “indicators” folder which inside the “experts” folder.</li>
<li>Copy the inside files named “DPS v1.0.tpl” to your MT4 “templates” folder. </li>
<li>OK, now restart your MT4 forex software. Right your window, choose “Template”, then choose “DPS v1.0.tpl”.</li>
<li>Reference to the following useage.</li>
</ol>
 
<ul>
<li>TimeFrame : H1</li>
<li>Currency : All</li>
<li>Indicators used : TrendCCI 35 + Flat trend H1 + macd 8.12.1</li>
<li>MA CrossOver Signal 5-7</li>
<li>Working hours : euros, chf, gbp : 7 -12'00 GMT time and 15'00 till 18'00 GMT TIME</li>
<li>Working hours : yen : 01.00 AM -15'00 GMT time </li>
</ul>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB-DyP6B8caeadDp0VPKAbr4pTdGZ-n4lx7H96nbNw9k3Go20-vlkEm6-0mXW8iOOjAPEljbvEjOskfdD7-Naga5_DY4-FObcaA7p0OVBVeX5EG0q23wWp2V_0D3-XjBLaH21XtOeeUcAg/s1600/DPS+v1.0.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="http://forex-cricket.blogspot.com/" border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB-DyP6B8caeadDp0VPKAbr4pTdGZ-n4lx7H96nbNw9k3Go20-vlkEm6-0mXW8iOOjAPEljbvEjOskfdD7-Naga5_DY4-FObcaA7p0OVBVeX5EG0q23wWp2V_0D3-XjBLaH21XtOeeUcAg/s320/DPS+v1.0.png" title="DPS V1.0" width="320" /></a></div>
 
Rules Long positions : 
 
Correlation of 4 indicators : 
<ul>
<li>Between Zero line of MACD8.12.1 with Trend CCI 35 which should go above zero + Green bar on Flat Trend and Arrow Green on MA</li>
<li>Crossover Signal(Cross EMA 5 - 7) </li>
<li>Stop Loss :50</li>
<li>Take Profit : open</li>
<li>Trailing Stop: 50</li>
</ul>
Exit with All Conditions Short (On Four Indicators) 
 
Rules short position : Correlation of 4 indicators : 
<ul>
<li>MACD8.12.1 Cross Below Zero line with Trend CCI35 cross Below Line zero + Red bar on Flat Trend and Arrow Red on MA Crossover</li>
<li>Signal (Cross EMA 5 - 7) </li>
<li>Stop Loss :50</li>
<li>Take Profit : open</li>
<li>Trailing Stop: 50</li>
<li>Exit with All Conditions Long (On Four Indicators)</li>
</ul>
<a href="http://adf.ly/aSVzY" target="_blank">Download DPS V1.0 Free Meta4 Indicators</a>

DPS V1.0

Copy the inside 5 files to your MT4 “indicators” folder which inside the “experts” folder. Copy the inside files named “DPS v1.0.tpl” to ...

Cat FX50 Camarilla

CatFX50 easy system is a winning one, but it is not a Holy Grail nor a money machine. Use common sense. 
Do
 not forget that CatFX50 has not an exit <a href="http://forex-cricket.blogspot.com/" target="_blank">trading strategies</a>. Therefore, and it is 
mandatory, you need to know your risk/reward ratio before placing a 
trade. 
 
TSR Daily Range Calculator or TSR range2. 
This calculator tells us the daily range of the pair. It is very important to know it. It is very important to know too where the pair is in relation to its daily range when we get a signal. It tells us the stop loss we should use according to the daily range and to a Risk/Reward ratio of 3:1. You can change the R/R. The stop loss it shows is a mathematical one, it is not based on any kind of pattern nor Technical Analysis. Do not forget that. 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiP0gQOIjiWOh9rMdk1RiPujbRKX36TeZvcrLkLoK-dG9ONFdV_lpgvOPcYgB7mbhf_ekkq2ldIWe1-2W__hIxpIx9B_Y1WeaDdWHwdbVbSHRih2usGihgBkYET8h7h7hKAo8C5DaAxUXMK/s1600/FX-50.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Cat FX50 Camarilla" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiP0gQOIjiWOh9rMdk1RiPujbRKX36TeZvcrLkLoK-dG9ONFdV_lpgvOPcYgB7mbhf_ekkq2ldIWe1-2W__hIxpIx9B_Y1WeaDdWHwdbVbSHRih2usGihgBkYET8h7h7hKAo8C5DaAxUXMK/s1600/FX-50.jpg" title="Cat FX50 Camarilla" /></a></div>
 
EMA50 on chart. 
EMA120 on chart. 
 
Hist_Step_MA_Stoch_KV1_Ex_03 set at 2000 bars. 
Set filters on Step: +0,04 and -0,04. 
 
Plot aNina_v1, set it at 9000 cbars. 
Hist_StepMA_Stoch is the main indicator here. When Hist_StepMA_Stoch and aNina give signal simultaneously, the better. Do not trade if they give opposite signals. 
 
TF: 30 minutes. 
Trade time: 08:00cet to 18:00cet 
Optional tools: 
FX Sniper’s MA. Set it to 50 and you will have EMA 50 with colors. 
FiboPiv_v2 
MAX Movin Average set at 50, 14, 2000, 2 
Camarilladt7 with L3, L4, L5 and H3, H4 and H5. 
 
Standard or Level 1 signals: 
Buy when price crosses EMA 50 and new bar opens above. Hist_StepMA_Stoch must be green. 
 
Sell when price crosses EMA 50 and new bar opens below. Hist_StepMA_Stoch must be red. 
 
If price and Hist_StepMA_Stoch crosses are simultaneous, the better. 
 
Level 2 signals (riskier): 
 
For instance, when price is above EMA 50 with Hist_StepMA_Stoch in green. Price then opens one bar at least below EMA 50 and Hist_StepMA_Stoch keeps in green mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating (green), we can buy. The opposite for a sell. 
 
Level 3 signals (riskier): 
 
For instance, we are in bullish mode: price above EMA 50 and Hist_StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red. We buy when price goes up again always validated by Hist_StepMA_Stoch that should change to green again. 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgK4k8bV_DsM7DT64wmKR0da4q21ii9NFppHQG_iOjRVh0RyIOnlKfj2B0muSXA4w2rvKPX8glrPoo-0taIu1GVeLHTl6wUALJv38G9plHNN8O8LxOqyJjBZnz-jBdLItQV6hRuxqhGotmG/s1600/CatFX50.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Cat FX50 Camarilla" border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgK4k8bV_DsM7DT64wmKR0da4q21ii9NFppHQG_iOjRVh0RyIOnlKfj2B0muSXA4w2rvKPX8glrPoo-0taIu1GVeLHTl6wUALJv38G9plHNN8O8LxOqyJjBZnz-jBdLItQV6hRuxqhGotmG/s320/CatFX50.png" title="Cat FX50 Camarilla" width="320" /></a></div>
 
Level 4 signals (Take care): 
Level 4 is when price, after a consolidation of a few bars, breaks through the last high or low. The main thing we need is an indication of strength, and if we don't get it, it could be a trap! 
Obviously, the breakout down should have Hist_StepMa_Stoch in red and green for the opposite. 
 
The main difference between Level 2 and Level 3: 
On Level 3 the price doesn't have to cross the EMA50 line 
The other difference is that Hist_StepMA_Stoch briefly changes color 
 
Level 4: 
Notice the price breakout in the illustration? It would be hard to ignore, wouldn't it? 
You don't have to wait for the price to close to do the trade, get on board and ride that baby! 
 
Something to take into account: 
 
Pairs to trade: EURUSD, USDCHF and GBPUSD. 
 
When bar opens more than 20 pips above/below EMA 50, the signal is riskier. 
 
Do not buy/sell, for instance, EURUSD because GBPUSD has a signal. Wait for the signal to come in each pair you want to trade. Look at EURGBP, USDCHF and US Dollar Index always. 
 
Stop Loss and Money Manegement: 
We can not jump in a trade without knowing the amount of pips we expect to make. We can not know that seriously without a stop loss. The stop loss will tell us what we should expect according to the Risk/Reward ratio we use. For instance, we get a validated signal to buy EURUSD at 1.2700. We  decide to go with 1 standard lot. OK, where do we place the stop loss? A common and today useless stop loss is 34 pips. So, we are risking 34 pips, that is $340. If we do not want to gamble, we should expect to make $690 at least. That is 69 pips or 2:1 R/R. But the optimum R/R is 3:1. That is $1030 or 103 pips. 
EURUSD has usually a daily range between 60 and 80 pips. It is clear that we will not be able to make those 103 pips in the majority of cases. Then, what’s the point of using a fixed stop loss of 34 pips? We should not do that if we want to keep our money. So, we need to place a stop loss according to the risk and reward we assume and expect. 
 
Well, you could say, as I want a 3:1, I place the stop loss 5 pips below entry. That is, I’m risking 5 pips to make 15. Great!!! But this does not work that way, sorry. We use charts because we think they tell us what to do according to what price has done. If we use a s/l of 5 pips without looking at what price has done before we get the signal, we are not trading, but betting. What to do, then? 
We need to look at what price has done during the previous bars. They will tell us where to place the stop loss. If the “logic” stop loss we get is too high according to what we expect, we should not take that signal. So, lets say it is 17:30cet and we get a signal to buy EURUSD. The stop loss we need to use is 15 pips and EURUSD has only 10 pips to go up according to its daily range. Do we take it? 
But, you could say: “Daily ranges break sometimes”. Yes, they do. You said it: sometimes. 
We should not forget that if we scale during the trade, our risk/reward ratio changes, because we acceped a risk at the beginning of the trade according to a assumed reward we will not get; as the reward will not be the same at the end of the trade if we have taken partial profits during its development. 
 
Here you can read more about stop loss and Money Manegement: 
 
Final: 
I make daily recaps of the signals CatFX50 gives. These recaps can be deceptive, because you see the huge amount of pips the system generates every single day. But no one can take them all. It is impossible. Do not forget that. Maybe, someday, a very smart trader will find the way to grab them all. Since then, take care and good luck!!! 
 
 
 
 
Download  <a href="http://adf.ly/aKeQl" target="_blank">Cat FX50 Camarilla</a> by <a href="http://forex-cricket.blogspot.com/" target="_blank">Forex Plus</a> 
FOCUS, PATIENCE AND DISCIPLINE.

Cat FX50 Camarilla

CatFX50 easy system is a winning one, but it is not a Holy Grail nor a money machine. Use common sense. Do not forget that CatFX50 has not...

SmartFX

<div class="mttextarea" dir="ltr" id="TranslationOutput">
<div name="div[0]">
This time I will share about <a href="http://forex-cricket.blogspot.com/search/label/Trading%20Strategies" target="_blank">trading strategies</a> to use smartFX my collection. This strategy can be used globally for all currencies should be disciplined in accordance with the existing rules and uses a strict money management.</div>
</div>
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBXYrknJ95XAEyokd_zLobyux3MM3qPhd4xC5bPWupX7lK9UzWrZ_-h2rMYLtSwSl7c2aCfywgo6WarCbBUo5Tds4d1Kk6LckUsKQA0HGjG_yZUDrHzLwELWVZALBduwdCynvBiUujWhLC/s1600/smartFX.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBXYrknJ95XAEyokd_zLobyux3MM3qPhd4xC5bPWupX7lK9UzWrZ_-h2rMYLtSwSl7c2aCfywgo6WarCbBUo5Tds4d1Kk6LckUsKQA0HGjG_yZUDrHzLwELWVZALBduwdCynvBiUujWhLC/s320/smartFX.png" width="320" /></a>  
Indicators used: 
<ol>
<li>EMA 50 on chart</li>
<li>EMA 120 on cart</li>
<li>Hist_Step_MA_Stoch_KV1_Ex_03 set at 2000 bars. Set Filters on Step: +0,04 and -0,04</li>
<li>Hist_StepMA_Stoch is the main indicator here. When Hist_Step_MA_Stoch and A Nina give signal simultaneously, the better. Do not trade if they give opposite signals.</li>
</ol>
 TF: 30 minutes.  Trade time: 08:00 to 18:00t  
<ol>
<li>FiboPiv_v2 </li>
<li>MAX Movin Average set at 50, 14, 2000, 2 </li>
<li>SDX-TZBreakout </li>
<li>Camarilladt7 with L3, L4, L5 and H3, H4 and H5. </li>
</ol>
 Standard or Level 1 signals 
<ul>
<li>Buy when price crosses EMA 50 and new bar opens above. Hist_StepMA_Stoch must be green.</li>
<li>Sell when price crosses EMA 50 and new bar opens below. Hist_StepMA_Stoch must be red. If price and Hist_StepMA_Stoch crosses are simultaneous, the better.  </li>
</ul>
Level 2 signals (riskier): For instance, when price is above EMA 50 with Hist_StepMA_Stoch in green. Price then opens one bar at least below EMA 50 and Hist_StepMA_Stoch keeps in green mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating (green), we can buy. The opposite for a sell.   Level 3 signals (riskier):  For instance, we are in bullish mode: price above EMA 50 and Hist_StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red. We buy when price goes up again always validated by Hist_StepMA_Stoch that should change to green again.  Level 4 signals (Take care): Level 4 is when price, after a consolidation of a few bars, breaks through the last high or low. The main thing we need is an indication of strength, and if we don't get it, it could be a trap!  Obviously, the breakout down should have Hist_StepMa_Stoch in red and green for the opposite.  Something to take into account:  Pairs to trade: EURUSD, USDCHF and GBPUSD.   When bar opens more than 20 pips above/below EMA 50, the signal is riskier.  Do not buy/sell, for instance, EURUSD because GBPUSD has a signal. Wait for the signal to come in each pair you want to trade. Look at EURGBP, USDCHF and US Dollar Index always.  FOCUS, PATIENCE AND DISCIPLINE.  Graphics:   
 
<a href="http://adf.ly/ZkFqg" target="_blank">Download indicators</a>

SmartFX

This time I will share about trading strategies to use smartFX my collection. This strategy can be used globally for all curren...

The Art of Trading - Sun Tzu part 2

In the previous article about <a href="http://forex-cricket.blogspot.com/2013/11/sun-tzu-strategy.html" target="_blank">Sun Tzu strategy</a> that discusses how to understand the market, the trader's psychology, money management, and stay away from the market. The following about the art of trading - Sun Tzu part 2. 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSIHdf7nzd0eyWfBMloL75ACBJ0CeKrfRQqqI5L3OUfVg1_f1m6If85Gf0awDlWsk_NSDzWpVy17iWGx15DyBApR1YpyInBgb6NbEjZ1wycC1XhsLQkFLonJdlP9esr-Y0qlKEUDw3tfpS/s1600/the-art-of-war-sun-tzu.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="The Art of Trading" border="0" height="140" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSIHdf7nzd0eyWfBMloL75ACBJ0CeKrfRQqqI5L3OUfVg1_f1m6If85Gf0awDlWsk_NSDzWpVy17iWGx15DyBApR1YpyInBgb6NbEjZ1wycC1XhsLQkFLonJdlP9esr-Y0qlKEUDw3tfpS/s200/the-art-of-war-sun-tzu.jpg" title="The Art of Trading" width="200" /></a></div>
"Do not repeat the tactics that have earned You a victory, but let your method governed by variations in a State without limits." (Sun Tzu) Over the long-term, the market conditions changed. A system that worked in the past may not be relevant in the new market conditions. You have to review and fine tune the system when market conditions change. You will know when you realize you have more losses than usual even though you are complying with the rules of the system with strict. Trading opportunity when it comes, you have to have a set of predetermined rules or system to help you evaluate potential trading (measures). Second, you must know your position size to buy true/lot number (quantity) is based on the size of your capital. Third, you must determine the cut loss and profit taking price and calculate the risk reward ratio to ensure a minimum of 2 times the risk reward you. Fourth, you should know what is the probability of winning using your system in current market conditions. Lastly, trade and wait for the market to decide if you are right in the elections caused profit. "A clever, avoiding the sharp spiritual, but soon attacked him when spiritual is being sluggish and tends to return. This is the art of studying moods. "(Sun Tzu) The central idea of trading is range in reading the mood of the market. Price action and volume indicators, are signs for traders to see the mood of the market and the behavior of investors. You will trade well when you can interpret the mood. "This is a military axiom not to go up against the enemy, or to oppose him when he came to decline." (Sun Tzu) The key to trading not to fight the trend. When the market is trending up, looking for opportunities for long and not short. Similarly, if the market trend to decline, look for opportunities to short and not long. 
 "General forward without envy the fame and retreats without fearing disgrace, whose only thought is to protect his country and do good service for its sovereignty, is the jewel of the Kingdom." (Sun Tzu) Traders should win in the market rather than to prove and show off that she's right, but for profit. When he is wrong, he must cut loss without feeling disgrace. Only by having this mentality, he can do the best trading in his account. IN TERMS OF WINS IN THE MARKET "If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself, but do not know the enemy, for every victory gained you will also suffer a defeat. If you do not know your enemies nor yourself, you will succumb in every battle "(Sun Tzu) This is a common phrase cited. In trading, it is true that you need to know yourself. This includes an understanding of psychology you are and how You behave or react to profits and losses. The enemy in this case is the market. You need to understand the market before you make any investment. You need to take the time to understand the market, make sure to have the advantage over the rest of the investors. With a good understanding, you can design and use the system to take advantage of market movements. In addition, you will be able to apply the right tactics to beat the market. If you do not understand the market and you do not understand yourself, chances are you will end up in the loss. "To secure ourselves against defeat lies in our own hands, but the opportunity of defeating the enemy is provided by the enemy himself." (Sun Tzu) As a trader, you need to protect your trading capital and abide by your trading system for entry and exit. After you make sure you have done your part, the amount of profit or loss is to be determined by the market. You do not have the right to request any amount of profit from the market. Even if you follow all the rules strictly, perhaps you can loss but you have to accept it and move on. "What the ancients called a clever fighter is one who not only WINS, but excels in winning with ease. He won the battle with strives to no errors. Make no mistake is what builds the certainty of victory, for it means conquering an enemy that is already defeated. Hence the skillful fighter puts himself into a position which makes defeat impossible, and does not miss the moment for defeating the enemy. " (Sun Tzu) For trading correct is to follow the system or set of rules. Making a mistake means traders do not comply with system or rule when trading. Traders don't follow the rules because he was influenced by his emotions, which in turn affected by the news, recommendations, and comments from others. To win in the market, the trader must strive not to make mistakes, that is, he should be able to do without trading anyone influencing her decision making. This is especially true when there is a chance the cut loss. A trader who failed to cut loss did a big mistake. Because one mistake can wipe out profits and capital. It is very important to position themselves in the market by working without making a mistake. "The art of war teaches us to rely not on the likelihood of enemy's not coming, but on our own readiness to receive them, not on the chance they were not attacking, but rather on the fact that we have been making unwavering positions." (Sun Tzu) As discussed previously, a trader must make intricate to put himself in a position such that it has a higher probability to win in the market. You don't have to have the mentality of conquering the market. Benefits are determined by the market and You can't force it.

The Art of Trading - Sun Tzu part 2

In the previous article about Sun Tzu strategy that discusses how to understand the market, the trader's psychology, money management, ...

Sun Tzu Strategy

Until this time the world recognizes the mysterious Sun Tzu as the Supreme teacher of the art of war. Sun Tzu is known to be born on 535 BC in the city of Tung's Shantung peninsula ."A General who protect the soldiers as a baby, will guide them into the deepest abyss. A General who treat the soldiers like his beloved siblings, will make them willing to die for him". 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi81Yx8XxZThxTYeoq49-k-_AvP2emK0ag8sSfxan1hHvXB_Xp9XX_-sQnQ4jSKE6zk7bodwElUPar6IqZbEP1wwvYLevoxyWlgrl7WnzfpcJJxYgLOi74fG4Lbw9x9e2ZUVuu8X0SBlkSD/s1600/sun+tzu.jpeg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="Sun Tzu Strategy" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi81Yx8XxZThxTYeoq49-k-_AvP2emK0ag8sSfxan1hHvXB_Xp9XX_-sQnQ4jSKE6zk7bodwElUPar6IqZbEP1wwvYLevoxyWlgrl7WnzfpcJJxYgLOi74fG4Lbw9x9e2ZUVuu8X0SBlkSD/s1600/sun+tzu.jpeg" title="Sun Tzu Strategy" /></a></div>
 The spirit and the art of war Sun Tzu style if applied in forex trading will result in a tremendous way of trading. As a ilustratasi in the use of strategy Sun Tzu, General as you, fighting as trading, troops as capital/your money. IN TERMS OF UNDERSTANDING THE MARKET 1. "We are not fit to lead an army on the March unless we are familiar with the face of his country-the mountains and forests, cliffs and traps as well as swamps." (Sun Tzu). Like what Warren Buffett puts it, "the risk of not knowing what you are doing. If you do not understand the market, you are not fit to invest in it. You will get your capital (your army) was wiped out " 2. "He who knows all this, and in fighting puts his knowledge into practice, will win the battle." (Sun Tzu). Not good enough if we only know the theories and concepts behind the investment. A trader should be able to apply that knowledge correctly to gain profit from the market. IN TERMS OF PSYCHOLOGY TRADER "A general, who was unable to control his annoyance, will launch his men to attack like ants swarming, resulted in one third of his men died, while the city was still uncontrollably. Such is the ill effects of the siege. " (Sun Tzu) Don't be emotionally affected by the market or harm. If traders are too eager to profit or revenge losses, traders can lose sanity and become irrational. The decisions are likely to be challenged and ended up with a loss. Such is the ill effects of impulsive trading "There are five dangerous faults which may affect a General: 
<ol>
<li>faux pas, that leads to destruction,</li>
<li>the coward, which leads to being caught,</li>
<li>the hasty temperament, which can be triggered by contempt,</li>
<li>the enjoyment of honor which is sensitive to shame,</li>
<li>over-attention on the troops, who took him on concerns and issues.</li>
</ol>
 Psychology is the key to the trader. If he can't control his emotions and his character, he will lose money in the market. If he's sloppy, he will make a desperate trading without taking into account the opportunities to win. If he is a coward, he never could win big enough to cover its losses. If he has a temperament that is hasty, he will try to take revenge on the market end up with bigger losses. If she prides itself on when he wins, he will be calm when he lost and he'll never learn from my mistakes. If he is over attention on the loss, he would always worry about and have never been able to make deals more with better. IN TERMS OF MANAGEMENT OF MONEY "Control of large armies/settings is the same principle as control over some people, it is  about the Division of their numbers." (Sun Tzu) Trading big capital is the same is the case with small capital trading. You should not be affected by the absolute figures of losses and gains when trading. Follow the normal rules and systems and share capital according to the lot and the right position. IN TERMS OF MOVING AWAY FROM MARKET "He's going to win, who knows when to fight and when not to fight." (Sun Tzu) Opportunities are not always available in the market. There are times that your trading system would not work and it is important for a absences from trading market. If you insist in the trading market in conditions like that, you'll end up in a series of losses and deplete your capital unnecessarily. When you experience a series of losses, it was clear sign for you to stop trading. Contemplate whether it is a problem with myself, or a system that does not work under certain market conditions. During live your reflection, stop all your trading activities until you find out the real problem. You will learn more about yourself, trading systems and market. This experience will help in assessing when to trade and when not to trade in the future. Do not fight not meaningless coward, it is the mantra of "survive to fight another day". "If the battle is sure to produce a victory, then you must fight, even though authorities had forbidden it. If fighting will not result in victory, then you won't have to fight even when there is a bidding authority. " It is important to learn to trading when there is a favorable opportunity to do so. But more importantly learned not to trading when unfavorable situations.

Sun Tzu Strategy

Until this time the world recognizes the mysterious Sun Tzu as the Supreme teacher of the art of war. Sun Tzu is known to be born on 535 BC ...

THV Rules

Before it has been discussed about THV trading strategy, now how do I use rules of <a href="http://forex-cricket.blogspot.com/2013/10/thv-ttrading-strategy.html" target="_blank">THV trading strategy</a>. 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDRcAIT5M8ZBN7dbcyOaorSFDaY_7-DDANENUZNkUcXXNpJ4J7oSEklo_q7hXyIsGZS82E9-t3tH2gni33EMJSMjr8KsQ_EMdEmxK4e2yELJ-Y0S1npuh7BwfWkYZLvYTNI72zh9uXqh6p/s1600/THV+v3.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="THV Rules" border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhDRcAIT5M8ZBN7dbcyOaorSFDaY_7-DDANENUZNkUcXXNpJ4J7oSEklo_q7hXyIsGZS82E9-t3tH2gni33EMJSMjr8KsQ_EMdEmxK4e2yELJ-Y0S1npuh7BwfWkYZLvYTNI72zh9uXqh6p/s320/THV+v3.png" title="THV Rules" width="320" /></a></div>
The risk levels: 
If you are a very experienced trader you can ignore the coral (risk level 1)   when you think it will be still a good trade, for newcomers I recommend to stay with the coral rules (risk level 2)   until you have min. 10% monthly gains for at least 3 month in row. 
 
Trading direction. 
The green and red, interrupted by yellow line (Coral) is our line in the sand to determinate the trading direction. 
 
We only take a long trade when the cloud and price is above the Coral and short below the Coral (here a V2 chart). I would use the coral only on 1M and 5M time frames. 
 
Entry: 
Above Coral only long, below Coral only short 
Price crosses cloud - both Trix cross each other and have the same color. 
Best and most secure trend confirmation is a cross of the fast Trix on the zero level. 
 
Exit: 
Faster Trix changes color and/or touch of a known good resistance/support level. 
 
Filter choppy market condition. 
We have, thanks to the Coral, the possibility to filter choppy market conditions like early Asian or late Fridays session. You see that we didn’t get permission to enter any trade in the area highlighted in the red boxes (V2 version chart). 
 
The green boxes show trading conditions after breaking the Coral and retest the Coral or cloud or a pivot level. But this screenshot was made in the late Friday session and it is best to avoid trading that time. 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAK9ibC8AlGm5CORWIFVLg6W5VxWXb8eXFQk0ClOXWBWPJZeAf1Youo7jCMfNGZsD0MbfEHYDXY9IANAzGlrv7BRa588BgiUZ24Z1j7m7vUU1oe42J4RNGrQ-hR5udHhEG19tXorYJJZb4/s1600/THV-overbought.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Overbought-oversold conditions " border="0" height="92" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAK9ibC8AlGm5CORWIFVLg6W5VxWXb8eXFQk0ClOXWBWPJZeAf1Youo7jCMfNGZsD0MbfEHYDXY9IANAzGlrv7BRa588BgiUZ24Z1j7m7vUU1oe42J4RNGrQ-hR5udHhEG19tXorYJJZb4/s320/THV-overbought.gif" title="Overbought-oversold conditions " width="320" /></a></div>
Overbought-oversold conditions 
Each TF presents different settings on the Trix levels and passing those levels we can consider them as overbought and oversold. I f you like you can confirm them on your Analyze candlestick chart with the RSI indicator. 
 
If you see the PA passing those levels and the fast Trix changes color you can switch to 1M and look for a fast scalp trade, they have a very high hit rate. Here a trading example, a good short setup, the fast Trix on all Tf’s (1,5,15) hide to the south (red), once the support of the 1M TF is broken and retested we can take the trade. 
 
The Analyze chart 
In all HA candle systems it is recommended to use an additional candlestick chart. We offer the analyze chart where you draw your TL’s, HL’s,   Fib’s, channels, Pivots etc. 
It includes a RSI indicator for additional reference of overbought and oversold areas. Between the green lines you have bull territory and between the red ones bear territory. 
 
Other additional indicators in the optional folder: 
<ul>
<li>FerruFX multi indicator for trend strength in % </li>
<li>Trading simulator for MT4, coded by Quantem </li>
<li>Old hull replacement for the ones that miss the hull toooo much </li>
</ul>
 
Trading FX is patience, wait for the right setup and take the trade, you will be rewarded mostly if you don’t forget the rules. 
 
Dowload <a href="https://app.box.com/s/ct6t2w38px5uglw9zneu" target="_blank">THV V3 Indicator, Sound, Template</a> 
Download <a href="https://app.box.com/s/xr8wvai11jo3bya6gqgz" target="_blank">Analysis Chart</a> 
Download <a href="https://app.box.com/s/ztc3n0tiw70hib02yss2" target="_blank">THV Tutorial</a> 
Downlod <a href="https://app.box.com/s/36623scg1w3zb6oj9o0e" target="_blank">MTF Indicators Manual</a>

THV Rules

Before it has been discussed about THV trading strategy, now how do I use rules of THV trading strategy . The risk levels: If you are a...

THV Ttrading Strategy

<div class="mttextarea" dir="ltr" id="TranslationOutput">
<div name="div[0]">
This time I will share THV trading strategy contribution from cobraforex. A simple template display even an amateur trader will easily use it as a trading strategy. Colorful indicators such as cobra snake making chart on the computer monitor to be comfortable on the eyes. 
 
The result is a clean and functional chart with rules that allow relative secure trades and early entries.  I experienced a hit rate of about 70 to 80% of winning trades; this result depends on the trading skills of every trader.  The THV team tested this system only on 1M and 5M time frame but it should work as well in higher TF’s but we don’t have experience on that trading style. THV is not a click and forget system, neither a holy grail. Like any other system, it requires good Forex skills and basic knowledge of FX techniques together with a good MM </div>
<div name="div[0]">
  </div>
<div name="div[0]">
<div class="separator" style="clear: both; text-align: center;">
</div>


 
<div class="separator" style="clear: both; text-align: center;">
</div>


<div class="separator" style="clear: both; text-align: center;">
</div>

<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpFIf5xI5YXn_16t9oprjPRl2XSTgwfKYKmW4yrzBk7Q5Yl_SavoJMu9uJbcq4_XVeI6KQCeR4Q3QUkT-aUWolqrnVq8SldhYRFBxS0k64GsyhJYDIEdXQv2ZW1oCZ4tWJCuyBlVl9xwnW/s1600/THV+v3.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="THV Ttrading Strategy" border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhpFIf5xI5YXn_16t9oprjPRl2XSTgwfKYKmW4yrzBk7Q5Yl_SavoJMu9uJbcq4_XVeI6KQCeR4Q3QUkT-aUWolqrnVq8SldhYRFBxS0k64GsyhJYDIEdXQv2ZW1oCZ4tWJCuyBlVl9xwnW/s400/THV+v3.png" title="THV Ttrading Strategy" width="400" /></a></div>
</div>
</div>
<div style="text-align: left;">
 </div>
<div style="text-align: left;">
The template and Trix functions </div>
<div style="text-align: left;">
 </div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRYnPr8suONTr4PzIU9TPQZkNnvUKORbh-0UfwzYQY4XYkWG4LtEU1tTsCl33tFZhLPcTI0CJy_HdglZBJhRBl-CB-dMiXxbppMDB52_izlrblEjnedadWfCl4HoSUgUMFHsKYyKkP-YqF/s1600/THV-trik.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="THV Trix" border="0" height="71" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRYnPr8suONTr4PzIU9TPQZkNnvUKORbh-0UfwzYQY4XYkWG4LtEU1tTsCl33tFZhLPcTI0CJy_HdglZBJhRBl-CB-dMiXxbppMDB52_izlrblEjnedadWfCl4HoSUgUMFHsKYyKkP-YqF/s320/THV-trik.gif" title="THV Trix" width="320" /></a></div>
<div style="text-align: left;">
The Trix is the heart of the system and show us early possible trend changes on cross of faster to slower Trix line. This indicator gives warning labels: 
The Bear or Bull Cross on cross of the faster Trix line to the zero level. 
The Analyze Sell or Buy on cross of the faster Trix line to the slower Trix line. 
 
The Analyze Exit (not shown here but direct above the Analyze Sell label in yellow) on color change of the faster Trix line. 
Those signals have also voice support but it is disabled by default and you should enable it only to your favorite chart TF. 
These are not buy, sell or exit signals, they ask for attention to analyze !!! 
The Trix shows, like in the above example, divergence, watch that out always, it’s a money maker. </div>
<div style="text-align: left;">
 
Here the settings for your main chart, on the other ones enable/disable SoundAlerts (type true/false).  
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1S0-mOvYSImGzXn3VYVC0DLtbjCF4XbTO0Etpz3dHE0fVcbcPTegsb0A_M3glzPovksBTJSlzh4TN9RZtyjhHH4onqQ2ZP6kHbaBYpSUv6cfQZL58N6MshW2wI9DhJr23ypStHUfThSNC/s1600/thv-v3-trix.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="THV sound alert" border="0" height="198" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1S0-mOvYSImGzXn3VYVC0DLtbjCF4XbTO0Etpz3dHE0fVcbcPTegsb0A_M3glzPovksBTJSlzh4TN9RZtyjhHH4onqQ2ZP6kHbaBYpSUv6cfQZL58N6MshW2wI9DhJr23ypStHUfThSNC/s320/thv-v3-trix.gif" title="THV sound alert" width="320" /></a></div>
 
 </div>
<div style="text-align: left;">
About divergence detection in Trix (code modified by Peterd) : 
This indicator will plot divergence lines on the Fast Trix indicator and will give buy and sell signal by displaying green and red arrows. It also has a built-in alert 
function. As the original indicator, bullish divergence is plotted in blue lines while bearish divergence is plotted in red. If the divergence is classic the line will be solid and if the type is reversed the line will be drawn in dots. </div>
<div style="text-align: left;">
 </div>
<div style="text-align: left;">
The Ichimoku cloud gives us the decision on which direction to trade, above only long, below only short. The THV Trend is in the lowest part of the workspace and indicates with colored bars the condition of the trend, be alerted when it changes to yellow (flat) because a trend pause or change can be on the plan. The Stop loss indicator is located on the very top left side of your main chart. It calculates the SL on the last moves based on ATR and give you an idea what could be your min. SL on the actual TF you are looking at. You can use it as well as a TP indicator while scalping, if the SL suggestion in 1M says 16 pips you can get a relative secure 8 pips scalp trade. 
 
The Session indicator on the left upper corner of our chart needs to be synchronized with your brokers time, here is a web link to the Forex world session hours: Forex Hours only set the time shift to the difference that your broker time zone has to GMT, for example GMT -3. You can change the font size for the labels in the last position of the properties window. </div>
<div style="text-align: left;">
 </div>
<div style="text-align: left;">
Why Heiken Ashi Candles? 
There are five primary signals that identify trends and buying opportunities: </div>
<ul>
<li>Positive candles (green) containing no wicks: There is strong uptrend momentum in the session and it will likely continue. Here, the trader will have a hands-off approach to profits while strongly considering adding on to the position. Positive candles with no lower "shadows" indicate a strong uptrend: let your profits ride! </li>
<li>Positive candles (green) containing shadows or wicks: Strength continues to support the price action higher. At this point, with upside potential still present, the investor will likely consider the notion of adding to the overall position. </li>
<li>A smaller candle body with longer wicks: Similar to the doji candlestick formation, this candle suggests a near-term turnaround in the overall trend. Signaling indecision, market     participants are likely to wait for further directional bias before pushing the market one way or the other. Traders following on the signal will likely prefer confirmation before initiating any positions. </li>
<li>Negative candles (red) containing shadows or wicks: Weakness or negative momentum is supporting the price action lower in the market. As a result, traders will want to begin exiting initial long positions or selling positions at this point. </li>
<li>Negative candles (red) containing no shadows or wicks: Selling momentum is strong and will likely support a move lower in the overall decline. As a result, the trader would do     well to add to existing short holdings. </li>
</ul>
<div style="text-align: left;">
These signals show that locating trends or opportunities becomes a lot easier with this system. The trends are not interrupted by false signals as often, and are thus more easily spotted. Furthermore, opportunities to buy during times of consolidation are also apparent. 
 
Source: http://www.cobraforex.com </div>

THV Ttrading Strategy

This time I will share THV trading strategy contribution from cobraforex . A simple template display even an amateur trader wi...

Renko Magnetis Lines

Some of the indicators used to predict price direction and know when prices have reached over bought or over sold. This indicator I use in pairs EURUSD and GBPUSD.  
You need an indicator or EA to setup a forex trading strategy? All you need is EA and Renko indicators plus guide how to install this on Your meta4 indicator chart. 
 
<div class="separator" style="clear: both; text-align: left;">
Indicators are simple but profitable forex plus will I share below:<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiikbdRoUTkHlQhreHpKfkOtt_kKS6AmkPmYpDeh_jlv2TVtG14qoNrQWzRlVe4OmQE_8RZl0LlFTBC6Spb5I60q3xx97HMk3d_nDZN7WLaYCxYNWH4MhhKenM6Y4V3vwjK4-8N8Pui3QVE/s1600/renko.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Renko Magnetis Lines" border="0" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiikbdRoUTkHlQhreHpKfkOtt_kKS6AmkPmYpDeh_jlv2TVtG14qoNrQWzRlVe4OmQE_8RZl0LlFTBC6Spb5I60q3xx97HMk3d_nDZN7WLaYCxYNWH4MhhKenM6Y4V3vwjK4-8N8Pui3QVE/s400/renko.png" title="Renko Magnetis Lines" width="400" /></a></div>
 
 
 
BUY Position : 
1. Observe the price must touch first magnetic white line (150) 
2. Shown blue SEFC Indicators at least 2 boxes 
3. Red candle become blue candle 
4. MA Yellow Colour 
5. Blue uni cross appeared 
 
 
Confirm to BUY 
a. When all the preparations are being match with the rule above 
b. Blue + aqua candle was already above the Blue MA Line. BUY position can be done. SL 50 TP 50-100 pips (depend pairs) 
 
 
SELL Position : 
1. Observe the price must touch first magnetic white line 
2. Shown RED SEFC Indi at least 2 boxes 
3. Blue candle become Gold candle (change in trend) 
4. MA Yellow Color 
5. Red uni cross appeared 
 
 
Confirm to SELL 
a. When all the preparations are being match with the rule above 
b. Red + gold candle was already below the Blue MA Line. SELL position can be done. SL 50 TP 50-100 pips (depend pairs) 
 
<a href="https://app.box.com/s/9ohil7dk4b4bpfkxp8yx" target="_blank">Tutorial Renko Magentis Lines</a>. 
Download <a href="https://app.box.com/s/adpuvsawv43uvq6x0ot4" target="_blank">Indicators Renko Magnetis Lines</a> 
Download <a href="https://app.box.com/s/6amc1abd4vzfezqns4h5" target="_blank">Template Renko Magnetis Lines</a> 
Download <a href="https://app.box.com/s/rgi92x6k3payh4wleqqb" target="_blank">EA Renko Magnetis Lines</a>

Renko Magnetis Lines

Some of the indicators used to predict price direction and know when prices have reached over bought or over sold. This indicator I use in p...

The Teory of DOW

Most of what we know about technical analysis was born from the ideas of Charles Dow, Edward Jones and his partner, who works in the company Dow Jones & Company since 1882. These ideas were published in the Wall Street Journal and on currently accepted by most adherents of technical analysis, although most did not know the source. Dow theory is still dominate even though it has a lot of technical analysis is more complicated and high-tech. 
 
I. the market takes into account everything. 
All the things that can affect the supply and demand market reflected in market prices. 
 
II. three types of trends (Trends). 
According to Dow, trending up (uptrend) is a continuous rise to the top and down, while trending down (downtrend) is constantly up to the lowest point. Dow argued that the law of action and reaction that applies to the market is the same as for other physical objects, and this means that any significant changes is always followed by concrete returns. 
 
Dow divides trends into 3 parts: 
 
1. Primer (comparable with the tide, the continuous rise of the surface). 
2. Secondary (proportional to the wave and represents correction feedback) from the first trend, usually up to 1/3, 2/3 or typically half that of previous trends change.) 
3. Minor (ripple)-fluctuations in a secondary trend. 
 
III. the primary Trend consists of three phases. 
The Dow is concerned the primary trend, which is divided into three phases: 
 
The phase Accumulated the most astute investors begin selling or buying the latest changes feel from the direction of the market. 
-Participation phase by using technical analysis, most of the traders into the market following a price change that fast. 
The phases of implementation of the new directions that are recognized and widely accepted and supported by economic news that generate speculative volume growth and all participants in the trend. 
 
IV. Exchange Indices must be mutually confirm. 
Dow stated that up to the curve of the Industrial index and the Standard &amp; poor-(discourse on the Dow-Jones index) does not surpass the previous peak then there is no confirmation of the beginning and the continuation of the movement "bull" (ascending) on the market. Signals do not have to log on simultaneously but the more clearly a signal is considered to be increasingly little time underway among the signals they will be. 
 
V. Trends reinforced by trading volume. 
Trading Volume was enlarged or shrunk depending on the price trend towards the back or vice versa. Dow found this as volume indicators second stage. Signal-signal to sell or buy based on the closing price. 
 
VI. Trends must be assessed continued until the emergence of signs of the opposite direction. 
All the technical approach to analyze the market based on a simple idea, that trend will continue until the advent of the outside force that compels him to turn – just as in terms of physical objects bendak. Thus there are signals in the reverse direction to look for.

The Teory of DOW

Most of what we know about technical analysis was born from the ideas of Charles Dow, Edward Jones and his partner, who works in the company...

Magic Breakout III

In a previous posting about <a href="http://forex-cricket.blogspot.com/2013/09/magic-breakout.html" target="_blank">Magic Breakout I</a>, what's really breakout? and the secret behind false breakout. While in the <a href="http://forex-cricket.blogspot.com/2013/09/magic-breakout-ii.html" target="_blank">Magic Breakout II</a> about the entry rules and Practical implementation, now we will discuss about exit rule off magic breakout . 
 
1. Chart set-up 
We will use Fibonacci targets in this version. Fibonacci targets are very powerful. We often see that price hits the target and quickly retraces back. MetaTrader 4 set-up: 
Click on the tool Fibonacci Retracement: 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIKIhW_HCgKG9yCs8pgux_t27UOT3BlwsYM1_1O_wnHKlCTUUxdaK7jF-JGRaZGXHJ2N3DtGI182vDHT1Hjd8QSfG9m5Xctqauj5pe8W36vE9O-4umTFFePq0Vz8QOnTKFEefEim69bKuv/s1600/magic-breakout-exit-1.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Fibonacci Retracement" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgIKIhW_HCgKG9yCs8pgux_t27UOT3BlwsYM1_1O_wnHKlCTUUxdaK7jF-JGRaZGXHJ2N3DtGI182vDHT1Hjd8QSfG9m5Xctqauj5pe8W36vE9O-4umTFFePq0Vz8QOnTKFEefEim69bKuv/s1600/magic-breakout-exit-1.gif" title="Fibonacci Retracement" /></a></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5uWCDVxDkT9yy7g2lkPr2YiJOel2smF3iuFwuXtKfE8F7ntQB8urOPMfBSKCVSwM9g9O0TdjYI_jPcwhL0o0SLpYe7FaX6jUEZ21ijHN_-F7M0YGE02vUJbfd2Y6yFndn3prvdQnsvQyT/s1600/magic-breakout-exit-2.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Fibonacci Retracement" border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg5uWCDVxDkT9yy7g2lkPr2YiJOel2smF3iuFwuXtKfE8F7ntQB8urOPMfBSKCVSwM9g9O0TdjYI_jPcwhL0o0SLpYe7FaX6jUEZ21ijHN_-F7M0YGE02vUJbfd2Y6yFndn3prvdQnsvQyT/s320/magic-breakout-exit-2.gif" title="Fibonacci Retracement" width="320" /></a></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhY1bL5x7iefLsCn10yYmtOlVSKmxQos5IKSuJAVrp3NzuttRscLgCSQ4X0BxcGTCb504FrzVOU1zN3tkDlTwkBdE0gRugWp-_FzkR2WCLPn0NaGWK6XWyGSL9z2gIqBGSS9aTdkfFN2MGG/s1600/magic-breakout-exit-3.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Fibonacci Retracement breakout" border="0" height="187" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhY1bL5x7iefLsCn10yYmtOlVSKmxQos5IKSuJAVrp3NzuttRscLgCSQ4X0BxcGTCb504FrzVOU1zN3tkDlTwkBdE0gRugWp-_FzkR2WCLPn0NaGWK6XWyGSL9z2gIqBGSS9aTdkfFN2MGG/s320/magic-breakout-exit-3.gif" title="Fibonacci Retracement breakout" width="320" /></a></div>
 
Place the Fibonacci retracements on the chart as shown below. Connect the swing high with swing low 
by dragging the mouse. 
 
You have to modify the default set-up. We will use these targets: 0.0, 1.0, 1.618 and 2.0. Right-click on 
the chart and choose Objects List (or use shortcut CTRL+B). 
 
 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9p9mPGskXay_w7EuFhmvkUEgvjBzkRVosFpm-mUDDC_bW2Ur6JCovdSajP0l6ibpHkn76cxLPyW-k9Lwq7YbcwxNoHjUd229bcVPS9J4cd7jSz-5SSIB_TTkdDVJgRtnjtjN2FmriqX3r/s1600/magic-breakout-exit-4.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="magic breakout strategy" border="0" height="245" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9p9mPGskXay_w7EuFhmvkUEgvjBzkRVosFpm-mUDDC_bW2Ur6JCovdSajP0l6ibpHkn76cxLPyW-k9Lwq7YbcwxNoHjUd229bcVPS9J4cd7jSz-5SSIB_TTkdDVJgRtnjtjN2FmriqX3r/s320/magic-breakout-exit-4.gif" title="magic breakout strategy" width="320" /></a></div>
Select Fibo and click Edit. Edit the targets by double-clicking on the Level and Description values. We 
will use these Level values: 0, 1, 1.618 and 2. You can choose a custom description for each level value. We recommend to set something like 0.0 @ %$ as a description.  It is a useful trick; the mysterious symbol %$ will be replaced by the price level on the chart (example: 0.0 @ 2.0480) 
 
2. Exit rule 
Plan your trade, trade your plan. Let's assume we have opened a long position. We must take care about 
the profit target and Stop Loss right after the entry. 
<ul>
<li>Place the first profit target (sell-limit order) at 1.618 Fibonacci level;</li>
<li>Place the second profit target (sell-limit order) at 2.0 Fibonacci level;</li>
<li>Place Stop Loss (sell-stop order) at 0.0 Fibonacci level.</li>
</ul>
As the price hits our first target, close a half of the position (so we recommend you to trade at least two 
lots/minilots/microlots). As the price hits our second target, sell the rest. Place Stop Loss just two pips 
below the 0.0 level. The low acts as support and if broken, the trend is probably over. 
 
We can simply create rules to exit from a short position: 
<ul>
<li>Place the first profit target (buy-limit order) at 1.618 Fibonacci level;</li>
<li>Place the second profit target (buy-limit order) at 2.0 Fibonacci level;</li>
<li>Place Stop Loss (buy-stop order) at 0.0 Fibonacci level.</li>
</ul>
Note: "This is a basic exit rule. You can consistently make money using entries and exits as described  above. But look at the chart: wouldn't it better if we exited later? The trend continues and we are not  in! Wouldn't it better if we could squeeze the trend to the end and earn HUGE profit from one single  trade? “Trend following” from the beginning to the end of the trend is a dream of all traders in the  world. Some individual traders know how to achieve it. They know how to recognize that the trend is  probably going to reverse. They stay with the trend for days, weeks or even months and make millions." 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="http://adf.ly/Wj0GM" target="_blank"><img alt="Free Download" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjqTA2jIbz3i_AkkD_20qqjp0T3caz6U6McezDKrKCntVYW7hkQ1TACVmkR-xDUq_8csVy-WvM_Z7qSW4jO0BuLqbhTvMgh6Ae98RRfbxGljwmOx61QXlYGdPxb9o6LPsFwMVdCLH9XztDi/s1600/download+now.jpg" title="Free Download" /></a></div>
<div style="text-align: center;">
 </div>
Source: http://www.magicbreakout.com

Magic Breakout III

In a previous posting about Magic Breakout I , what's really breakout? and the secret behind false breakout. While in the Magic Breakout...

Magic Breakout II

Continuing the previous post about <a href="http://forex-cricket.blogspot.com/2013/09/magic-breakout.html" target="_blank">Magic Breakout I</a>, now we will discuss about the entry rules and Practical implementation of Magic Breakout. 
 
1. Chart set-up 
For the entry rules, we need two basic indicators: 
<ul>
<li>CCI 20 (Commodity Channel Index, Period 20, Typical Price)</li>
<li>The Wave (EMA34 High, EMA34 Close, EMA34 Low)</li>
</ul>
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhTHpLQzZxdoubtUCW3H-uGWptW8ugU1AEz2RZnNEVCSaql22KV5bZH_Rda53FlFB7ctCSQzVGH_O4XkyMV-K6VqsO8eSIIRyY4zi2vdlSp5r8pbt3imGHkqeSEHEm52KK60qSwDXaUwAP/s1600/magic-breakout-1.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="magic breakout entry" border="0" height="215" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjhTHpLQzZxdoubtUCW3H-uGWptW8ugU1AEz2RZnNEVCSaql22KV5bZH_Rda53FlFB7ctCSQzVGH_O4XkyMV-K6VqsO8eSIIRyY4zi2vdlSp5r8pbt3imGHkqeSEHEm52KK60qSwDXaUwAP/s320/magic-breakout-1.gif" title="magic breakout entry" width="320" /></a></div>
The second one actually consists of three exponential moving averages, but we will treat them as one 
indicator called the Wave. We will call the moving averages Wave-top, Wave-middle and Wave-bottom. 
The set-up for MetaTrader 4: 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEga-ctzA_7Tux7B9VfkfYAKuiI6CY9_BfHVKtgY-EHgDdxEbOb-2AcILti8ogT05xSF_BFsN-tvoTPAh6G_FYC10HdMeKwHNbfjAbmYhb-JpR7eI1RL87Un3iTVhFZOZCQPNltTSatbvSus/s1600/magic-breakout-2.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="magic breakou tentry2" border="0" height="176" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEga-ctzA_7Tux7B9VfkfYAKuiI6CY9_BfHVKtgY-EHgDdxEbOb-2AcILti8ogT05xSF_BFsN-tvoTPAh6G_FYC10HdMeKwHNbfjAbmYhb-JpR7eI1RL87Un3iTVhFZOZCQPNltTSatbvSus/s320/magic-breakout-2.gif" title="magic breakout entry2" width="320" /></a></div>
 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEje3muirz_fmteZdbLP_P64z6eU8JGQov8PAncQXsgNVDnkiLzOUSWU6hLrEai3eVEUQ1f8sz4Tr3kLDRt_RVnia38VC1iIXVcmXKhCcdn9__od4jBom_fE3KwYN5aT0cgf9yTqrGRl-ilT/s1600/magic-breakout-3.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="magic breakout entry3" border="0" height="176" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEje3muirz_fmteZdbLP_P64z6eU8JGQov8PAncQXsgNVDnkiLzOUSWU6hLrEai3eVEUQ1f8sz4Tr3kLDRt_RVnia38VC1iIXVcmXKhCcdn9__od4jBom_fE3KwYN5aT0cgf9yTqrGRl-ilT/s320/magic-breakout-3.gif" title="magic breakout entry3" width="320" /></a></div>
 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_3m2AOgZI4c5h_NV2DSQnsskrpSycXM2qYnG8Cr8okF15-nK3oxSqe6Fw2m8X-1rnbUyQ8wTR-w8k7AxIzcavp4nAHUxnBx6G5xqvpRUNdxWgiiP020naJcKj2c_N3PhfztCZ665jDwao/s1600/magic-breakout-4.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="magic breakout strategy" border="0" height="187" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_3m2AOgZI4c5h_NV2DSQnsskrpSycXM2qYnG8Cr8okF15-nK3oxSqe6Fw2m8X-1rnbUyQ8wTR-w8k7AxIzcavp4nAHUxnBx6G5xqvpRUNdxWgiiP020naJcKj2c_N3PhfztCZ665jDwao/s320/magic-breakout-4.gif" title="magic breakout strategy" width="320" /></a></div>
<div style="text-align: center;">
 Magic Breakout Strategy</div>
2. Entry rule 
First, we will discuss long entries. Now, read the rules and you will learn practical implementation step 
by step in the next paragraph. 
<ul>
<li>Be sure that the market is trending up.</li>
</ul>
Beware from the sideways market. The Wave is a great tool that helps us to determine the trend. 
 
Trend definition: 
Uptrend: The price has already crossed the Wave upward and the price is above the Wave-bottom at this moment. 
Downtrend: Similarly, the market is trending down if the price is below the Wave-top. 
 
# Price was above the Wave for some time. 
(above the Wave-top) 
# Price entered the Wave. 
Price was above the Wave and then crossed the Wave-top downward. 
# CCI crossed +100 line upward; A POSSIBLE LONG ENTRY SIGNAL on the next candlestick opening. 
This is a good signal to go long on the next candlestick opening. But be careful... 
# “Five bars check” rule. 
Check that CCI was below the +100 line for at least five bars before the cross. 
# Check that the market is trending up now. 
Check that the price is above the Wave-bottom as in the first rule. 
# Buy now! 
If all above has fulfilled, buy as the new candlestick opens. 
Look at the picture. We have defined an interesting pattern called the “swing” 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiF_wLVOV5Sm2C5k5Tx-7zjrZsMzqHvW2YlRsijA3g1kNwH3i-v24FXhUxmbm6hRAIQ7GuLexv8-QB3dww8M1-hC3pczqes8meG4aw50BdliE2CktmL21vngR_RTWILM2BDSC13TGwGpd3w/s1600/magic-breakout-5.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="magic breakout strategy" border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiF_wLVOV5Sm2C5k5Tx-7zjrZsMzqHvW2YlRsijA3g1kNwH3i-v24FXhUxmbm6hRAIQ7GuLexv8-QB3dww8M1-hC3pczqes8meG4aw50BdliE2CktmL21vngR_RTWILM2BDSC13TGwGpd3w/s320/magic-breakout-5.gif" title="magic breakout strategy" width="287" /></a></div>
 
Simply said, price entered the Wave and then returned back up. But this sentence sounds too 
subjective. We have put it all into mechanical rules that are easy to follow. 
Don't enter the market when you “feel” that the price is going up again. Some traders do so, but they 
get stuck when the price plunges lower! Don't rely on the standard breakout system. The breakout may 
be false. Enter only if CCI has crossed the line! Look at the picture carefully. Do you see that we have 
entered the market before the breakout... before the crowd?! Do you see the great advantage of the 
MagicBreakout strategy? 
 
3 Practical implementation 
 
Practically, you must follow the written rules backwards: 
# CCI crossed the +100 line upward. 
Was it below the +100 line for at least five bars?  Is it above the +100 line now? If yes, continue 
to the next step. 
Remember, the signal is valid only if the candlestick has already closed. 
# Is price trending up? 
Is price above the Wave-bottom? (Stick with our definition! Don't let your feeling or intuition to 
define the trend! Trend definition is a mechanical task here, although sometimes 
counterintuitive.) If yes, go to the next step. 
# Do you see a valid swing pattern? 
Train your eyes on the first few trades and you will see the swing pattern subconsciously 
without reviewing the rules. Review: price was above the Wave and then entered the Wave. In 
other words, price crossed the Wave-top downward. OK? 
# Buy now! 
And prepare your exit targets... 
 
We can simply create the rules for a short entry: 
 
# CCI crossed the -100 line downward. 
Look at CCI when the candlestick has closed. Was it above the -100 line for at least five bars?  
Is it below the -100 line now? If yes, continue to the next step. We have to check market 
conditions. 
# Is price trending down? 
Is price below the Wave-top? (Stick with our definition! Don't let your feeling or intuition to 
define the trend! Trend definition is a mechanical task here, although sometimes 
counterintuitive.) If yes, go to the next step. 
# Do you see a valid swing pattern? 
Train your eyes on the first few trades and you will see the swing pattern subconsciously 
without reviewing the rules. Review: price was below the Wave and then entered the Wave. In 
other words, price crossed the Wave-bottom upward. OK? 
# Sell now! 
And prepare your exit targets.. 
 
 
Note: "There exists a better entry and much better way how to identify the trend and filter some bad  
trades by looking only once on another time-frame. Such a system is a great advantage because there  
are only few traders watching on two different time-frames. You will learn our “Holy Grail” in the  
next chapters of the incredible MagicBreakout+ strategy with our proprietary indicators and alerts  
that will make you a top trader." 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBnYhhLGUUAlIu31wUFJ8c1Lycf6F2IoC_w2PdTf-fPnEL2YlW8-9p1PotTbRZMOZesKcRe_B9HxVsDjalgHk_u9NbCYfedzkJM-qgkpS4V0AxsGftjJXWC6jsRppOGvbIZLbtR0PYIdmZ/s1600/magic-breakout-6.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="magic breakout signal" border="0" height="199" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBnYhhLGUUAlIu31wUFJ8c1Lycf6F2IoC_w2PdTf-fPnEL2YlW8-9p1PotTbRZMOZesKcRe_B9HxVsDjalgHk_u9NbCYfedzkJM-qgkpS4V0AxsGftjJXWC6jsRppOGvbIZLbtR0PYIdmZ/s320/magic-breakout-6.gif" title="magic breakout signal" width="320" /></a></div>
 
We are too lazy to watch the market and look for good entry signals. The MagicBreakout+ indicators and alerts help us to do it automatically. You will never miss a good signal or break the rules, the software can check all the rules for you. The software tells you exactly where to place Stop Loss! We recommend it for  
beginners too. The indicators will help you fully understand the swing formation and our amazing system

Magic Breakout II

Continuing the previous post about Magic Breakout I , now we will discuss about the entry rules and Practical implementation of Magic Breako...

Magic Breakout I

A breakout happens when the price breaks a significant high and makes a new high. This is the 
definition. It looks simple. Most traders are trying to catch these breakouts and make money on the accelerated 
price move. A so-called momentum trader places his buy-stop order just above the significant high. He 
is waiting for this high breakout... If there is no breakout, he cancels his buy-stop order and prepares for 
the next trade. If the breakout happens and his buy-stop target is filled, his trading platform 
automatically opens a long position. The same holds for a low breakout (in that case, trader would 
place a sell-stop order). Why traders are doing that? Because the price action typically accelerates after 
a breakout and results in a nice profit. But it's not so sweet every time. There is a risk of significant 
loss. The nightmares of momentum traders are “false breakouts” and they happen too often. Let's 
explain why. 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPB9RiB3azh_lPKqXSKSe8ixpiOI04wCt1OuJgVb-R87Fdw2fJxaGpZh9wGWCICSJPVWWoTJ2gq75Ehf_YFNpnbh0ZtSG8QnsGA52zZCEjVoOWUVpOLUEJc5FjM5yY29xtCtB8dAW51oDQ/s1600/magic-breakout-good.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Magic Breakout Good" border="0" height="190" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgPB9RiB3azh_lPKqXSKSe8ixpiOI04wCt1OuJgVb-R87Fdw2fJxaGpZh9wGWCICSJPVWWoTJ2gq75Ehf_YFNpnbh0ZtSG8QnsGA52zZCEjVoOWUVpOLUEJc5FjM5yY29xtCtB8dAW51oDQ/s320/magic-breakout-good.jpg" title="Magic Breakout Good" width="320" /></a></div>
 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKH_DwX1wf_L8waLitpiFsFPkbOl_so4kYh1xVAhbFh7lqUS2xxB3ZzBnLzQgzeMZmxoMipt9VV0nkdqnUxR5Kc4td5NygJPxmgWf5lhnyLfVRru2QUP1ugClIXOQc9ReqVkdKyv6BrucL/s1600/magic-breakout-false.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Magic Breakout Loss" border="0" height="190" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKH_DwX1wf_L8waLitpiFsFPkbOl_so4kYh1xVAhbFh7lqUS2xxB3ZzBnLzQgzeMZmxoMipt9VV0nkdqnUxR5Kc4td5NygJPxmgWf5lhnyLfVRru2QUP1ugClIXOQc9ReqVkdKyv6BrucL/s320/magic-breakout-false.jpg" title="Magic Breakout Loss" width="320" /></a></div>
 
The secret behind false breakouts  
Let's discuss the false high-breakouts (the same holds for low-breakouts). There are times when price 
breaks a significant high, a buy order is filled, long position is opened, but the price quickly turns back 
down and never comes up or Stop Loss is filled. The trader has to exit position with a loss. Small losses 
are not something unusual. Every professional trader has losses in Forex trading, you have to admit it. 
But a profitable trader wins more than loses after time. We have tested some breakout systems on all 
major currency pairs ten years back. Most of the breakouts were false breakouts or resulted in a small 
profit. Any system that relies purely on breakouts does not work consistently. Since we, Tim and Julie, 
are in the financial markets for more than ten years, we have collected some sort of information the 
large banks and corporations do not want you to know.
A large bank has enough money to move the market for a while. 
 
When the price hits the 
significant high again, it should normally bounce back from this high forming a double top pattern. But 
momentum traders would go long when a breakout happens - it is the well known practice explained in 
previous paragraph. When the price comes close enough to the high, traders inside the bank quickly 
buy a large volume of one currency pair ($ millions!). They move the market a few pips up and a 
forced breakout happens! There is a bunch of buy-orders lying just above the high and these orders get 
filled immediately. Then the market moves some additional pips up because of the new long positions. 
After that the bank happily closes its own large position (sells the millions back) and the price quickly 
turns back. The banks “earn” great amount of money doing this unfair business. They do it a few times 
every day. 
 
Julie comes with a genial solution:  
Enter the breakout before the crowd!
Julie experimented with the CCI indicator (Commodity Channel Index) in the Forex market years ago. 
There are two common lines: +100 line and -100 line on the indicator chart. When CCI crosses (or 
“breaks”) the 100 line upward, it is a good entry signal to go long. When CCI crosses (or “breaks”) the 
-100 line downward, it is a good entry signal to go short. 
Good signal means that the probability of winning dramatically increases. In other words – 
CCI indicator acts like a filter for spotting winning trades. Not only a filter. It gives an opportunity to 
enter the market before a breakout! There was a hard work in developing a definite profitable strategy 
based on this knowledge. Our strategy is easy to use and gives impressive results. With our students, 
we made a fortune in the years 2006 and 2007 starting with less than one thousand dollars. We will 
give our knowledge to you in the next chapters.

Magic Breakout I

A breakout happens when the price breaks a significant high and makes a new high. This is the definition. It looks simple. Most traders are...

Open Locking Position

Often occurs when a trader is in a position open trade is one-way / price movement trends that point so that the position of the opening of experiencing loss. Current position or the position of a difficult loss like this is a war going on in the mind of a trader. A trader there who choose to allow it or cut loss or lock position. 
Locking position option is a very difficult choice because if the appropriate analysis, the position could change be profit loss and can increase the loss otherwise. Here is my review in use locking techniques. 
 
There are some traders opted to lock position or also known as hedging positions thus experiencing the chaos now will open the lock. Many are afraid of equity drained or add a loss when opening the lock. Many were afraid to miss the opening price. 
 
The chaos and fear makes the mind clear and could no longer give a bad influence in trading decisions. Indeed think of locks, especially when a locked position distance (between the buy and sell positions) too far, it would be very distracting and ultimately makes us long to move in addressing the problem of locking. When we have an open position in a long time, of course, there is the cost of a broker charged to us every day. The best way when we open positions that have been cut with one loss. 
 
If you've already done a fairly large locking, inevitably we have to deal with it. One way to open the locking position is to treat them like the locking to open a new position. We need not ignore the locking position. We don't need to find out where the price will be fixed and turned around. We don't need to wait for prices already are below/above locking position. we need to find out is where the direction/trend of price movements at this time.The most important thing is we've been doing a deeper analysis and by using the right-mind was crystal clear. 
 
Same as open a new position. We have to know is where the direction/trend of the current price. For example, we know that the price trends for the next 4 hours is up based on technical analysis or fundamental. We certainly will open the open buy positions and wait for new profit we close close buy and vice-versa when prices trend down. 
 
How to implement locking position ? For example we have locking position: open buy EURUSD at 1.3534 and open sell EURUSD at 1.2950, where the current position is at the middle price of the lock in 1.3000.

What do we have to wait for the price is above or below the 1.2950 1.3534 recently we could open locking position ? With the above mentioned ways, certainly not necessary. We have to change the perception / mindset of us that we do not have any locking so that we are not focused on the locking position, like opening a new sheet (clean sheet). With trading strategies that we have and the analysis of trends in price movements, we have a new trading plan, where the open positions, the position of profit taking and position of stop loss. With locking-an existing, if we do not open a new position, but rather the close one of our open positions. 
 
From the example in the above position. We already determine that the price is likely to rise to the top. Means we have to close positions sell us at 1.2950. There may be a thought that we would be a great loss if we close positions sell it because the current price is at 1.3000. Indeed we would lose but the cut is our balance and not (have) our equity. In the trading, which is more important to note is the value of equity and not balance.

So we sell we close the position at 1.3000. When we associate with open a new position, then position the lid this is a sell position at 1.3000 open buy us at 1.3000. This is what we must remember. 
 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqV2K4034LNQxN1VmVJDTEnrd6R4IPeJ2sMy_YHXsV8XVcRA0e5h6JhKFfwhO-wok52f-nbQRqECs1xexYs-mT3GQSY0ltXQJOTP0Jz4kQ7wHlqHsf6VX_RULBtC8vRSP4V-Lwo7G3qqB-/s1600/hedging.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="open locking position" border="0" height="239" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqV2K4034LNQxN1VmVJDTEnrd6R4IPeJ2sMy_YHXsV8XVcRA0e5h6JhKFfwhO-wok52f-nbQRqECs1xexYs-mT3GQSY0ltXQJOTP0Jz4kQ7wHlqHsf6VX_RULBtC8vRSP4V-Lwo7G3qqB-/s320/hedging.jpg" title="" width="320" /></a></div>
Now when the price match estimates that prices rise to 1.3050 area, for example, the mean value of equity we grow, even though the value of our balance is reduced. The value of the equity will go through the addition of 50 pips (1.3050 minus 1.3000) which means 500 dollars for regular contracts. In regard to the locking, we should open a sell position back at 1.3050. So this time we still have lock position in open buy and sell at 1.3534 1.3050 with equity increased 50 pips. 
 
The case of the example above, we don't need to wait for the price is below or above the open positions we have recently done something against the locking of the 50s. By treating locking position like opening a new position, we can open the locking in any price without having to wait too long and without having to find or predict the extreme rate.

Open Locking Position

Often occurs when a trader is in a position open trade is one-way / price movement trends that point so that the position of the opening of ...

Simple Scalping

<div class="separator" style="clear: both; text-align: center;">
<a href="http://strategy4forex.com/wp-content/uploads/2010/12/4ekr.gif" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img alt="Simple scalping without indicator" border="0" height="258" src="http://strategy4forex.com/wp-content/uploads/2010/12/4ekr.gif" title="" width="320" /></a></div>
Simple scalping strategy without indicators, just open 3 window meta4 you can make profit trade. With the proper management of money and profit by the rules there are open in front of the eyes. Here are 3 things to be aware of the use of simple scalping strategy. 
 
1) Look at the last candle on 4 stages, M5, M15, M30 and H1 
 
2) If all of the past, which closed the Green candle – it's mean buy. 
 
3) If the last, closed red candle – it's means sell. 
 
 
Open the meta4 with 4 of the same pair, for example, GBPUSD, with time frame: M5, M15, M30 and H1. 
 
Wait for the right time to open trade. 
 
Explanation: 
 
1) At intervals of 12 hours H1 candle closed 12.00, in the color green. 
 
2) range on M30-11.30 12.00 only closed in wax. 
 
3) at intervals M15-11.45 candles only closed 12.00, in the color green. 
 
5) At intervals of M5-12 noon closed 11.55 candles, green. 
 
 
In the example it is an example of the ideal, but if, for example, the H1 and the conditions are met, and the M15 M30 closed in red wax, then wait for the next candle. 
 
Remember – before entering into a transaction in the range of M5-always check if all closing the previous candles painted in one color! -Only in this case open a trading position. 
 
Stop-loss and profit target: 
 
1) Stop-loss at a distance of 15-20 point of entry into the market. In this case, the take-profit equal to 30-40 points. When the price reaches 15 pips-move your stop-loss to break even or to repair part of a trading position or fully close the deal. Likewise, if you choose to use a trailing stop. 
 
2) Stop-loss was placed under the nearest local minimum to purchase transaction or the closest local maximum for bargain sales. A profit target for this to be possible, at least 2-3 times larger than the stop-loss. 
Profit on the same scheme as referred to in paragraph (1). 
 
<a href="http://strategy4you.ru/files/skalping_4.zip" target="_blank">Download a template for Meta4</a>

Simple Scalping

Simple scalping strategy without indicators, just open 3 window meta4 you can make profit trade. With the proper management of money and p...

Technical Analysis

<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZCg6NGQ51HhxncLP2HoZDKAmQfbjJjXjBgJVKCewZabZ_LZrMVSpbSfbhVAuch231AaNIpJzwnpabGquwUuJeViKVMx23z9uYeI19mlcWpUa8mh2WB2o6iLFgkhAUTnG8BH9PETpre76c/s1600/dolar.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img alt="Forex Plus" border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiZCg6NGQ51HhxncLP2HoZDKAmQfbjJjXjBgJVKCewZabZ_LZrMVSpbSfbhVAuch231AaNIpJzwnpabGquwUuJeViKVMx23z9uYeI19mlcWpUa8mh2WB2o6iLFgkhAUTnG8BH9PETpre76c/s1600/dolar.jpg" title="Forex Plus" /></a></div>
Technical analysis is the prediction of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute prediction about the future. On the other hand, technical analysis can help investors anticipate what is "likely" happened in price from time to time. Technical analysis uses a wide range of graphics showing the prices from time to time. 
 
Making money starts with a plan to make money. The article is very big when it comes to foreign currency trading. But, in addition to the plan, traders should always follow. How often traders brake regulations will affect how much money he will make Forex trading. Voice simple: create and follow ... However, there is a real challenge when appropriate regulation, but regulation traders fail to make money ... The inevitable happens to every trading system known. If the system has proven successful, trading plan and stick to strictly abide by the rules even lose money eventually will produce profitable results. Have a strong commercial discipline and taking losses when necessary is a sign of a serious approach to trading. 
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPnmRxA9bbuP5jqjuSWEOJpWkc8VYTJTKwWlBw6l1v0hC2amMb35J2g4o-KD6SWTMGaRymtqmC4V07JUAg1YMqh99RfyUjQg6PhRM_Bee3lFOdhoPup3a9wYmprS5g8-udaeFPzjA1nHYp/s1600/istilah-forex-1-16042_222x204.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPnmRxA9bbuP5jqjuSWEOJpWkc8VYTJTKwWlBw6l1v0hC2amMb35J2g4o-KD6SWTMGaRymtqmC4V07JUAg1YMqh99RfyUjQg6PhRM_Bee3lFOdhoPup3a9wYmprS5g8-udaeFPzjA1nHYp/s1600/istilah-forex-1-16042_222x204.jpg" /></a></div>
 
The interesting thing about Technical Analyzer is a large amount of information offered. Own graphics are great, you can see with your own eyes analysis. But it does not stop there. Each trade ideas also come with valuable information about short and medium-term price trends, three-storey and three-storey support resistance, and price axis. Just get a large trade ideas. But to really understand where the idea came from - that's what really allows you to believe and stand behind it.

Technical Analysis

Technical analysis is the prediction of future financial price movements based on an examination of past price movements. Like weather for...