.

Trend line tunnel

noreply@blogger.com (Like Pips) — Tue, 23 Mar 2010 08:14:00 +0000

Creating a support/resistance tunnel on the price congestion and trading on the break of this tunnel is a milestone of Forex trading discoveries.

This trading system/approach needs no indicators and can be applied to any currency and traded in any time frame where coiling in a tight range is spotted.

Entry rules: Find consolidation on the chart and draw two horizontal trend lines – support and resistance. Once the price breaks trough one of the trend lines and a current price bar closes outside the tunnel –buy/sell in the direction of the breakout. (If price pierces the trend line, but did not close outside the tunnel, cancel the previous trend line and draw another one according to the new conditions).

Note: also very often happens that once the price makes it through support or resistance it rocks down/up very quickly and so, more aggressive entry can also be adopted – without waiting for the current price bar to close.

Exit rules: not set, however, it is believed, that the price after breaking the tunnel will travel the distance equal to the width of that tunnel.

Strategy by Edward Revy

EMA breakthrough

noreply@blogger.com (Like Pips) — Tue, 23 Mar 2010 08:12:00 +0000

Sooner or later all Forex traders begin experimenting with different EMA settings.
Quite often very interesting combination can be spotted. Here is one Simple Forex system based on 50 EMA indicator.

Any currency pair.
Time frame: 90 minute or 3 hour chart
Indicator: 50 EMA.

Entry: watch for a candle to pierce 50 EMA and finally close above (to enter Long) or below (to go Short). Enter with the second candle after it makes 5 pips higher than the previous one.
Exit: not set.
Stop loss order: 15 pips below 50 EMA.

Strategy by Edward Revy

Simple MACD crossover

noreply@blogger.com (Like Pips) — Tue, 23 Mar 2010 08:07:00 +0000

Trading with MACD indicator is widely used by Forex traders.
Let's take a glance at the very basis of currencies trading with MACD indicator.

We will need only MACD indicator with standard settings: 12, 26, 9.
Any time frame as well as any currency pair can be used.

Entry rules: When the MACD lines’ crossover appears – enter (or wait for the price bar to close and then enter).
Exit rules: when MACD lines next crossover occurs.

Strategy by Edward Revy

Double Stochastic

noreply@blogger.com (Like Pips) — Tue, 23 Mar 2010 07:48:00 +0000

By doubling on Stochastic analysis we are doubling on trading accuracy... However, one should remember that with each new Forex tool added complexity can appear; and a very complex approach is not always good.

Strategy Requirements:
Currency pairs: ANY
Time frame chart: 1 hour, 1 day
Indicators: Full Stochastic (21, 9, 9) and Full Stochastic (9, 3, 3).

Entry rules: When the Stochastic (21, 9, 9) lines’ crossover appears – enter (or wait for the current price bar to close and then enter). It will be the major trend.
Look at Stochastic (9, 3, 3) to anticipate swings inside the main trend and re-enter+ the market again – additional entries. Also ignore the short-term moves Stochastic (9, 3, 3) that signal for exit – do not exit early until Stochastic (21, 9, 9) gives a clear signal to do so.

Exit rules: at the next cross of major Stochastic (21, 9, 9) lines.

Strategy by Edward Revy

Stochastic lines crossover

noreply@blogger.com (Like Pips) — Tue, 23 Mar 2010 07:45:00 +0000

Here is a very basic overview of a role of a Stochastic indicator in the Forex trading. Knowing exactly what to expect from Stochastic, if you ever plan to add it to your own system, will affect trading results dramatically. For this trading method:

Currency pair: Any.
Time frame: Any.
Indicator: Stochastic (14, 3, 3)

Entry rules: Buy when the faster moving Stochastic line crosses above and up over slower moving stochastic line.

Exit rules: Sell when the opposite situation (next crossover) occurs and right after that open an opposite position. It is again recommended, once the first touch of Stochastic lines (possible future crossover) has been spotted, to wait until the following price bar on the chart has closed and only then take actions.

Strategy by Edward Revy

RSI High-Low Strategy

noreply@blogger.com (Like Pips) — Tue, 23 Mar 2010 07:37:00 +0000

Although no trading system can solely rely on RSI indicator, using it in combination with other tools and proper technical analysis can bring a new edge to your Forex trading.

Setup:
Currency pair: Any.
Time frame: Any.
Indicator: RSI (14) with levels at 70 and 30.

Entry rules: Buy when RSI has crossed below 30, formed a bottom, and then crossed back up through 30.
Entry rules: Sell when RSI has crossed above 70, formed a peak, and then crossed back down through 70.

Exit rules: not set.

Strategy by Edward Revy

Stochastic High-Low Trading

noreply@blogger.com (Like Pips) — Tue, 23 Mar 2010 07:23:00 +0000

Forex systems which adopt a Stochastic indicator for monitoring the price provide some very good tips about the situation on the market for traders that are willing to see it.
Currency pair: Any.
Time frame: Any.
Indicator: Full Stochastic (14, 3, 3)

Entry rules: When Stochastic has crossed below 20, reached 10, and then crossed back up through 20 – set BUY order.
Entry rules: Sell when Stochastic has crossed above 80, reached 90, and then crossed back down through 80.

Exit rules: close trade when Stochastic lines rich the opposite side (80 for Buy order, 20 for Sell order).

Slow Moving Average Crossover

noreply@blogger.com (Like Pips) — Tue, 02 Mar 2010 14:40:00 +0000

Use time frame and currency which respond the best (1 hour, 1 day… or any other).
Indicators: (multiple of 7) 7 SMA, 14 SMA, 21 SMA.

Entry rules: When 7 SMA goes through 14 and continues through 21, BUY/SELL in the direction of 7 SMA once price gets through 21 SMA.

Exit rules: exit when 7 SMA goes back and touches 21 SMA.

Fast Moving Averages Crossover

noreply@blogger.com (Like Pips) — Tue, 02 Mar 2010 14:20:00 +0000

Trading systems based on fast moving averages are quite easy to follow. Let's take a look at this simple system.
Currency pairs: ANY
Time frame chart: 1 hour or 15 minute chart.
Indicators: 10 EMA, 25 EMA, 50 EMA.

Entry rules: When 10 EMA goes through 25 EMA and continues through 50 EMA, BUY/SELL in the direction of 10 EMA once it clearly makes it through 50 EMA. (Just wait for the current price bar to close on the opposite site of 50 EMA. This waiting helps to avoid false signals).

Exit rules: option1: exit when 10 EMA crosses 25 EMA again.
option2: exit when 10 EMA returns and touches 50 EMA (again it is suggested to wait until the current price bar after so called “touch” has been closed on the opposite side of 50 EMA).

Strategy by Edward Revy

noreply@blogger.com (Like Pips) — Sat, 26 Sep 2009 10:04:00 +0000

What is Forex

Forex market is the largest trading platform in this world, with amounting more than USD 3 trillion a day. It can be dangerous and strange field but with some basic knowledge one can easily learn to benefit the every move of forex market.Forex involves the buying and selling of foreign currencies, resulting in a very active market. The currencies trade with foreign exchange rates. Forex market does not have any head or central location. Due to the involvement of investment and commercial banks and other institutions, forex trades take place online.

Signals

There are many forex signal providers who promise 100% accuracy and big profits, but as we all know nobody can be one hundred percent accurate in this forex world. So we tried our best to bring some good forex strategy for traders to gain maximum profit.

Our Service

1. We give signals for major pair’s i.e. Eur/Usd, Gbp/Usd, Eur/Jpy, Gbp/Jpy, Usd/Jpy, Usd/Chf, Aud/Usd
2. We provide signals with exact entry, stop loss and take profit levels.
3. Daily update of signals performance.
4. Multiple take profit levels for different types of investors according to their investments.

noreply@blogger.com (Like Pips) — Thu, 24 Sep 2009 07:40:00 +0000

Dear Members,

I apologize that i couldn't post signal's for the last few day's, because i was in hospital due to health problem but now i am back and i will start posting my signal's from tomorrow.

Thank you..

Signal's update for 17/9/2009

noreply@blogger.com (Like Pips) — Thu, 17 Sep 2009 05:07:00 +0000

Gbp/Usd

Buy 1.6540

Sell 1.6450

Gbp/Jpy

Buy 150.70

Sell 149.50

Eur/Usd

Buy 1.4750

Sell 1.4680

Eur/Jpy

Buy 134.50

Sell 133.40

Usd/Jpy

Buy 91.40

Sell 90.60

Usd/Chf

Buy 1.0350

Sell 1.0290

Aud/Usd

Buy 0.8790

Sell 0.8700

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 16/9/2009

noreply@blogger.com (Like Pips) — Tue, 15 Sep 2009 23:47:00 +0000

Gbp/Usd
Buy 1.6540
Sell 1.6420

Gbp/Jpy
Buy 150.60
Sell 149.50

Eur/Usd
Buy 1.4710
Sell 1.4620

Eur/Jpy
Buy 133.80
Sell 132.90

Usd/Jpy
Buy 91.40
Sell 90.60

Usd/Chf
Buy 1.0390
Sell 1.0300

Aud/Usd
Buy 0.8670
Sell 0.8600

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 15/9/2009

noreply@blogger.com (Like Pips) — Tue, 15 Sep 2009 02:47:00 +0000

Gbp/Usd
Buy 1.6650
Sell 1.6550

Gbp/Jpy
Buy 151.50
Sell 150.50

Eur/Usd
Buy 1.4650
Sell 1.4560

Eur/Jpy
Buy 133.50
Sell 132.50

Usd/Jpy
Buy 91.30
Sell 90.70

Usd/Chf
Buy 1.0380
Sell 1.0320

Aud/Usd
Buy 0.8640
Sell 0.8580

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Uk session signal's 14/9/2009

noreply@blogger.com (Like Pips) — Mon, 14 Sep 2009 06:19:00 +0000

Gbp/Usd
Buy 1.6605
Sell 1.6545

Eur/Usd
Buy 1.4575
Sell 1.4505

Usd/Jpy
Buy 90.80
Sell 90.20

Usd/Chf
Buy 1.0435
Sell 1.0375

Aud/Usd
Buy 0.8590
Sell 0.8530

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 14/9/2009

noreply@blogger.com (Like Pips) — Mon, 14 Sep 2009 03:57:00 +0000

Gbp/JPy
Buy 151.60
Sell 150.10

Eur/Jpy
Buy 132.60
Sell 131.20

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Note: We have only 2 pairs signal's for Asian session, other pairs signal's will be post before UK session.

Daily signal's update 11/9/2009

noreply@blogger.com (Like Pips) — Fri, 11 Sep 2009 03:22:00 +0000

Gbp/Usd
Buy 1.6710
Sell 1.6600

Gbp/Jpy
Buy 153.00
Sell 152.20

Eur/Usd
Buy 1.4620
Sell 1.4530

Eur/Jpy
Buy 133.90
Sell 133.30

Usd/Jpy
Buy 92.00
Sell 91.30

Usd/Chf
Buy 1.0420
Sell 1.0340

Aud/Usd
Buy 0.8660
Sell 0.8590

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Note: 11/9/2009

noreply@blogger.com (Like Pips) — Thu, 10 Sep 2009 23:42:00 +0000

Today i will post the signal's little bit late. So just keep checking my blog or forums for updates.

Thank you

Asian session signal's 10/9/2009

noreply@blogger.com (Like Pips) — Thu, 10 Sep 2009 03:10:00 +0000

Gbp/Usd
Buy 1.6590
Sell 1.6490

Gbp/Jpy
Buy 152.80
Sell 151.70

Eur/Usd
Buy 1.4600
Sell 1.4510

Eur/Jpy
Buy 134.40
Sell 133.70

Usd/Jpy
Buy 92.40
Sell 91.60

Usd/Chf
Buy 1.0140
Sell 1.0370

Aud/Usd
Buy 0.8640
Sell 0.8570

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 9/9/2009

noreply@blogger.com (Like Pips) — Wed, 09 Sep 2009 02:44:00 +0000

Gbp/Usd
Buy 1.6550
Sell 1.6450

Gbp/Jpy
Buy 152.90
Sell 151.80

Eur/Usd
Buy 1.4530
Sell 1.4430

Eur/Jpy
Buy 134.10
Sell 133.40

Usd/Jpy
Buy 92.70
Sell 91.90

Usd/Chf
Buy 1.0510
Sell 1.0440

Aud/Usd
Buy 0.8640
Sell 0.8580

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 8/9/2009

noreply@blogger.com (Like Pips) — Tue, 08 Sep 2009 00:22:00 +0000

Gbp/Usd
Buy 1.6390
Sell 1.6290

Gbp/Jpy
Buy 152.60
Sell 151.50

Eur/Jpy
Buy 133.80
Sell 132.90

Usd/Jpy
Buy 93.30
Sell 92.60

Usd/Chf
Buy 1.0630
Sell 1.0570

Aud/Usd
Buy 0.8590
Sell 0.8520

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 7/9/2009

noreply@blogger.com (Like Pips) — Mon, 07 Sep 2009 00:36:00 +0000

Gbp/Usd
Buy 1.6430
Sell 1.6350

Gbp/Jpy
Buy 152.90
Sell 151.70

Eur/Usd
Buy 1.4350
Sell 1.4270

Eur/Jpy
Buy 133.50
Sell 132.50

Usd/Jpy
Buy 93.40
Sell 92.60

Usd/Chf
Buy 1.0630
Sell 1.0550

Aud/Usd
Buy 0.8540
Sell 0.8470

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 4/9/2009

noreply@blogger.com (Like Pips) — Thu, 03 Sep 2009 23:26:00 +0000

Gbp/Usd
Buy 1.6360
Sell 1.6280

Gbp/Jpy
Buy 151.70
Sell 150.60

Eur/Usd
Buy 1.4290
Sell 1.4225

Eur/Jpy
Buy 132.30
Sell 131.70

Usd/Jpy
Buy 92.95
Sell 92.25

Usd/Chf
Buy 1.0650
Sell 1.0600

Aud/Usd
Buy 0.8430
Sell 0.8350

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 3/9/2009

noreply@blogger.com (Like Pips) — Wed, 02 Sep 2009 23:31:00 +0000

Gbp/Usd
Buy 1.6310
Sell 1.6230

Gbp/Jpy
Buy 150.30
Sell 149.40

Eur/Usd
Buy 1.4310
Sell 1.4220

Eur/Jpy
Buy 132.10
Sell 130.90

Usd/Jpy
Buy 92.50
Sell 91.80

Usd/Chf
Buy 1.0630
Sell 1.0560

Aud/Usd
Buy 0.8395
Sell 0.8310

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.

Asian session signal's 2/9/2009

noreply@blogger.com (Like Pips) — Wed, 02 Sep 2009 00:16:00 +0000

Gbp/Usd
Buy 1.6210
Sell 1.6090

Gbp/Jpy
Buy 150.70
Sell 149.10

Eur/Usd
Buy 1.4270
Sell 1.4180

Eur/Jpy
Buy 132.60
Sell 131.20

Usd/Jpy
Buy 93.25
Sell 92.50

Usd/Chf
Buy 1.0720
Sell 1.0610

Aud/Usd
Buy 0.8310
Sell 0.8210

Take profit Level's TP1 +25 TP2 +50 TP3 +75 for all pairs.

Stop Loss 50 pips for all pairs.