Forex Market Analysis

CRYSTAL BAND

2017-09-09T23:09:00.001-07:00

Crystal Band system is a trend following trading technique that iis very easy to follow. Consider the image above.

Time Frame: 4h

Indicators: Moving average 50 high and low, default stochastic

The chart should look as seen above. It is up trend when price is above the band and down trend when price is below the band.

In an up trend, buy when stochastic is below middle line and in a down trend sell when stochastic is above the middle line.

Target 30 to 50 profit and 30 pips stoploss.

It’s a nice trading sysyem we arrange trade signal plan for free for 1 week and $30 a month. The system has a filter available to paid members only. Send message to victor.fxwave@gmail.com for more details.

DOUBLE STOCH TRADING STRATEGY

2014-05-13T00:50:00.001-07:00

In this article I want to show you a good profitable way to use the stochastic indicator. Trend is your friend, you must have that at the back of your mind and follow the steps as descibed here. Most traders use stochastic as a momentum oscillator, but in this article I will also use it as a trend indicator in a multi-timeframe analysis.

Success in your trade will be attained only if you follow the trend in a multi-timeframe trading. I will be using stochastic indicator in two batches of settings. One is LONG stochastic (14,7,3) and the other is the SHORT stochastic - default settings (5,3,3). Your Monthly chart should look like the one below.

In the monthly timeframe above, I am interested in the LONG stochastic of 14,7,3. The "7" is the "slowing" parameter. I use this for trend. The current direction is UPTREND where the green line is above the red line.

Where the greenline is below the red line then we have DOWNTREND like the image below:

Now that I have established the trend, let us plan entry. I will need the weekly timeframe. The current trend is UPTREND in the monthly timeframe. like below:

From the red vertical line forward I want to consider BUY only. Before I buy will want to see some actions in the weekly and 4hour timeframes. In the weekly timeframe below, I want to see the SHORT stochastic (5,3,3) to go below 50 level as marked in the chart below.

The blue boxes must be noted, these areas are your entry areas in the 4hr timeframe. But here in the weekly timeframe, you will not that the SHORT stochastic red and green lines are both below the 50 level, also remember that we are in an UPTREND as seen in the monthly timeframe.

Not move to the 4hour timeframe for entry.

In the 4hour timeframe for entry, you will need only the LONG stochastic. You will enter buy as soon as the stochastic touches or goes below the 30 or 20 level for 100 - 150 pips profit. If you are good in marking support and resistants in daily timeframe then you can have your takeprofit and stoplosses clearly market. if you are good in averaging, you dont need stoploss. Enter with a very low lot (the low lot should risk about 0.5 or 1% of equity at 100pips loss) then the second box u can have another entry while the first box still running by the time the second entry gets to 150 pips the first entry will be in profit. THe third entry is a straight win without stress.

You need to practice as this is a simple trading plan. You do just the opposit in a DOWNTREND situation.

Leave comments here for all your questions and I will find time to handle them. Open an account today with www.forextime.com

GBPUSD - POSSIBLE BUY

2014-05-12T02:42:00.001-07:00

The major trend for GBPUSD remain to the up side, last week friday we experienced a major dip.

I made a BUY around 1.6875 for a hundred pips, though 1.70271 is a major resistant ahead.

EURUSD - MAY BUY

2014-05-09T01:22:00.003-07:00

I want to consider a BUY for EURUSD. My daily and 4hr trend still bullish with the Triangular Moving Average Slope (TMASlope) indicator on both timeframes still insupport of the BULL Market. Yesterday, EURUSD had a sharp dip from 1.3991 now having an entry for buy at 1.3822 for a 100pips.

1.3882 is a major support and I hope this will hold otherwise I might have another entry buy at another Support below around 1.3707

AUDUSD - Sell may continue...

2014-02-21T06:57:00.001-08:00

The AUDUSD may continue to the south. The daily timeframe is clealy SELL and after price hitting the 38.2 level of fibonacci I have a good sell signal in the 1hr timedrame. 4 hour timeframe clearly a counter trend. I have a sell from 0.9002 for about 40pips

The trend may still continue the down trend for another few days.

USDJPY - BUY OPPORTUNITY

2014-02-17T22:41:00.001-08:00

The USDJPY has a good dip as revealed in the 4H timeframe. All the short moving averages arranged below the long term SMAs. The daily setup still a strong trend up.

The 1H timeframe present a good opportunity to start making BUYs and I made several BUYs to enjoy the ride.

GBP/USD - SELL SIGNAL

2014-02-10T09:54:00.001-08:00

GBP/USD may be prepared to move south. The Down Trend still in place as per the 4 hour time and my 30min shows a good sign of tired rally and I prefer a SELL from 1.6384 for 50 to0 80 pips profit. stoploss not more than 50 pips

JPY FELL BELOW THE USD INDEX - POTENTIAL LONG ON USDJPY

2014-02-07T07:40:00.000-08:00

The weekly timeframe still shows the Yen below the USD index so the trend in the long term is still BULLISH. Alligator in the daily and 4hour timeframe shows the intermediate dip needed to start to plan a buy when the case presents itself.

My 1hour price action suggest a LONG after the break upside of an intraday swing at 101.77

My trade advice: I had my BUY at 101.81 to 102.98 stoploss at 100.73

I expect the trade to exit next week.

Enjoy!

AROON PLUS

2013-11-28T04:49:00.002-08:00

AROON PLUS

This is a trend following system using Aroon indicator - default setting and fisher as will be described in the detailed setup below.

SETUP

The trend starts from the 4hour chart. Apply AROON 14 on the chart and fisher 21 periods (this shows the trend direction). The chart below is an uptrend.

The Aroon indicator is 14 periods, wait for the Aroon to give counter trend (where the RED goes above the blue) mark this area as you can see in the chart below and move down to 15min timeframe

The 15min chart above: first fisher above is 15min fisher 21 periods. The last fisher is MTF fisher – fisher 21 of the 1h timeframe. For you to start buying, you need the mtf fisher to join the buy trend and wait for short fisher to give you RED. Buy for forty to fifty pips or more, your stop loss should be well planned.

I will try and always post weekly analysis in my blog at:

http://crystal-markets.blogspot.com

Enjoy your trades

Victor.fxwave@gmail.com
-------------------------------------------------------------------------------------------------

This week EURJPY provided a good signal as you can see below starting from 2013.12.11 08:00 from my liteforex mt4 platform

contact victor.fxwave@gmail.com for other improved version of Aroon Plus

EURUSD BULLISH SIGNAL

2013-11-15T05:19:00.002-08:00

I believe in a bullish EURUSD and the TMASlope suggest, my Oscillator is at the extreme SELL - A good point to BUY at 1.3458 for a 50pips profit

Our major intra-day levels are below meaning another entry is possible at 1.3442 and or 1.3415 for 50pips

PIVOT points below.

Your comments will be appreciated

FISHER Plus TMASlope

2012-12-14T04:37:00.001-08:00

EURUSD - UPDATE

2012-12-06T05:38:00.000-08:00

The trend is obviously going north in the 4hour timeframe with some correction in the past 28 hours.

However, the 30min shown an ABCD pattern as you can see on the chart. A break of 1.3090 will signal a BUY with StopLoss at "D" level around 1.3042. The take profit can target some 40-50 pips.

Enjoy the rest of your trading day.
==========================UPDATE======================================
Signal was not triggered and setup nullified as a result of break of "D" above. Status remain "NO TRADE"
=======================================================================

GBPJPY - BUY SIGNAL

2012-12-03T07:02:00.001-08:00

The 4hour timeframe shows a buy trend after the break of 132.43 major swing point on 2012.11.30 12:00 GMT+1.

28hours later, in the 30min timeframe a bearish ABCD pattern was formed indicating a possible BUY if C is broken. This was attained 3 hours after D to signal a BUY at 132.26, stoploss at D that should be about 66 pips and I will prefer a 66pips take profit too.

SEMAFOR PLUS (IBM)

2012-11-09T11:08:00.001-08:00

EMA SWING BREAKOUT

2012-10-17T06:14:00.001-07:00

EURUSD

2012-08-06T02:56:00.000-07:00

A 20pips sell is good for EURUSD especially with iChimoku ready and our BEAR pressure on the downside. The major trend in 1hr still BUY though, but good to take a very low risk sell from 1.2365 for 20pips to 50pips

ICHIMOKU PREDICTS

2012-07-05T11:22:00.000-07:00

Ichimoku is a wonderful indicator. We have prepared a quality trading plan on how to predict market move with Ichimoku combined with fisher. Contact victor.fxwave@gmail.com for more details.

EURUSD - BUY POTENTIAL

2012-05-22T04:49:00.000-07:00

Click here for latest signal using Fibonacci tool.

UPDATE - FIBONACCI TRADING

2012-05-10T11:15:00.002-07:00

There is an important update on Fibonacci Trading please click http://crystal-fibonacci.blogspot.com/2012/05/update-fibonacci-trading.html to view

Enjoy!

CMA Plus

2012-05-06T11:56:00.001-07:00

Crystal Moving Average Plus (CMA Plus) can not go for free. This is a new trading plan just completed research work on it and going live from tomorrow 7th of May 2012. I have also added a forexfactory link for you to monitor progress. Belive me you need it. It cost $500. Contact victor.fxwave@gmail.com for more details.

FIBONACCI - RIGHT ENTRY AND EXIT

2012-03-12T03:50:00.002-07:00

Fibonacci trading tools are wonderful, but you can say that if you use them well, managing your entry and exit to ensure maximum profits and minimizing losses. Lot of approaches to using Fibonacci you can find online but in this article I have got something different and very profitable.

In the basic sense, when price retraces to some Fibonacci points we expect price to respond by continue the trend or we have a trend reversal. I have had terrible experience with this in the past until I introduced a filter as explained here.

The price continued the trend on getting to 50% fibo level. Now trend continuation could begin from 23.6 or 38.2 but trade at 50% became valid. I will show u why u have to wait till then. Change the timeframe to 15min and lets see.

Now this is not THEORY its real if you really want to learn start DEMOing and watch your chart to build your confidence. I told my students all the time. DEMO enough to convince yourself. Now at other retracement points no SELL until after hitting the 50% point you remain in trade until the 15min SCHAFF trend changes for your take profit or stoploss.

Now before the trend was DOWN it was UP, let use see examples of the UPTREND. Take a look at the chart below:

Here market retraced to the 23.6 level and looking at the 15min timeframe, we have a BUY signal confirming that we can go LONG.

Do your DEMO trading first and for Daily Analysis on Fibonacci please click here.

Regards.

Crystal Markets

http://crystal-markets.blogspot.com

DOUBLE RSI (BETA)

2012-03-07T11:36:00.002-08:00

In this article I am going to show you the updates to the DOUBLE RSI trading plan. The first time this trading plan was introduced through a viewer who needed me to polish it, the update I gave was also to let other people work hard to make it a profitable one and most people I met just used it as I explained. I also discovered people wanted ready-cooked job and wont work extra to make the trading system good for them.

This trading plan is the most popular on my website and due to popular demand I have come up with this new Beta version. You can trade it as I will explain in the rest of this article. You can click here to link to the old version.

You will have to read the old version well because it forms the basic part of this BETA version. Before I explain I want you to take note of the following charts:

The 1hr chart is just like the old version, the addition is the 30min for further trend confirmation. Make sure the MACD water-line level is in line with the trend. The MACD setting is 21,89,1 The trend will last longer so any 1hr direction that is against the 30min MACD, just ignore it. The example above is SELL. Now in the 30min the SELL was confirmed we go to 15min for further confirmation with the SCHAFF indicator, I use the default setting for SCHAFF (STCPeriod is 10, FastMAPeriod is 23, SlowMAPeriod is 50, CDPeriod is 25, and sm is 2.0) you should take your trade when SCHAFF goes RED for SELL trades and GREEN for BUY trades. Now before you take your trade you may wait for 5min DSS indicator in 5min to go to the extreme over bought before you make a SELL in a SHORT trend or extreme over sold in a LONG trend. Same exit plan like that of the old version.

I traded it today as you can see in the acct history.

Will welcome you comments

Crystal Markets
http://crystal-markets.blogspot.com/

TODAY'S TRADES

2012-02-23T10:46:00.000-08:00

Stochwave today

AUDUSD - STOCHASTIC WAVE

2012-02-22T01:57:00.000-08:00

Today I decided to trade the AUDUSD stochasticwave signal worked with pairs against the USD today and quick profit.

EURUSD AND GBPUSD - TODAY ON STOCHASTIC WAVE

2012-02-21T02:19:00.000-08:00

Earlier today I noticed a BUY signal on EURUSD for 20pips and same time GBPUSD for another 20pips. I took both trades at same time and EURUSD hit TP but GBPUSD still running and looks good. Go for stochastic wave