" FRACTALs " Technical Indicator

Many people believe that the markets are random. In fact, one of the most prominent investing books out there is "A Random Walk Down Wall Street" (1973) by Burton G. Malkiel, who argues that throwing darts at a dartboard is likely to yield results similar to those achieved by a fund manager (and Malkiel does have many valid points).

However, many others argue that although prices may appear to be random, they do in fact follow a pattern in the form of trends. One of the most basic ways in which traders can determine such trends is through the use of fractals. Fractals essentially break down larger trends into extremely simple and predictable reversal patterns. This article will explain what fractals are and how you might apply them to your trading to enhance your profits.

What Are Fractals?
When many people think of fractals in the mathematical sense, they think of chaos theory and abstract mathematics. While these concepts do apply to the market (it being a nonlinear, dynamic system), most traders refer to fractals in a more literal sense. That is, as recurring patterns that can predict reversals among larger, more chaotic price movements.

These basic fractals are composed of five or more bars. The rules for identifying fractals are as follows:

* A bearish turning point occurs when there is a pattern with the highest high in the middle and two lower highs on each side.
* A bullish turning point occurs when there is a pattern with the lowest low in the middle and two higher lows on each side.

The fractals shown in Figure 1 are two examples of perfect patterns. Note that many other less perfect patterns can occur, but the basic pattern should remain intact for the fractal to be valid.

The obvious drawback here is that fractals are lagging indicators - that is, a fractal can't be drawn until we are two days into the reversal. While this may be true, most significant reversals last many more bars, so most of the trend will remain intact (as we will see in the example below).

Applying Fractals to Trading
Like many trading indicators, fractals are best used in conjunction with other indicators or forms of analysis. Perhaps the most common confirmation indicator used with fractals is the "Alligator indicator", a tool that is created by using moving averages that factor in the use of fractal geometry. The standard rule states that all buy rules are only valid if below the "alligator's teeth" (the center average), and all sell rules are only valid if above the alligator's teeth.

Figure 2 is an example of such a setup:

Figure2
As you can see, the primary drawback to this system is the large swings that take place. Notice, for example, that the latest fractal had a drawdown of over 100 pips and still has not hit an exit point. However, there are countless other techniques that can be applied in conjunction with fractals to produce profitable trading systems.

Figure 3 shows a forex trading setup that uses a combination of fractals (multiple time frames), Fibonacci-based moving averages (placed at 89, 144, 233, 377 and their inverses) and a momentum indicator. Let's look at a recent trade setup for the GBP/USD currency pair to see how fractals can help:

Figure 3
Here is a basic rule setup that is used when using a chart with a four-hour time frame:

* Initiate a position when the price has hit the farthest Fibonacci band, but only after a daily (D1) fractal takes place.
* Exit a position after a daily (D1) fractal reversal takes place.

Notice how the fractals pinpoint meaningful tops and bottoms? This helps to take the guesswork out of deciding at which Fibonacci level to trade - all we have to do is check to see if the daily fractal occurred. We should also note that the trend strength began increasing at the sell fractal, and topped at the buy fractal. Although we lose some pips with the confirmation, it saves us from losing out on mere market noise - 139 pips certainly isn't bad for three days! (For further reading, see Trading Without Noise.)

Things to Consider
Here are a few things to remember when using fractals:

* They are lagging indicators. They are best used as confirmation indicators to help confirm that a reversal did take place. Real-time tops and bottoms can be surmised with other techniques.
* The longer the time period (i.e. the number of bars required for a fractal), the more reliable the reversal. However, you should also remember that the longer the time period, the lower the number of signals generated.
* It is best to plot fractals in multiple time frames and use them in conjunction with one another. For example, only trade short-term fractals in the direction of the long-term ones. Along these same lines, long-term fractals are more reliable than short-term fractals.
* Always use fractals in conjunction with other indicators or systems. They work best as decision support tools, not as indicators on their own.

Conclusion
As you can see, fractals can be extremely powerful tools when used in conjunction with other indicators and techniques, especially when used to confirm reversals. The most common usage is with the "Alligator indicator"; however, there are other uses too, as we've seen here. Overall, fractals make excellent decision support tools for any trading method.


--- by Justin Kuepper / investopdia ------

Forex Software Review : LMT Forex Formula

Recently I was invited to beta test the new LMT Forex Formula system by Dean Saunders, the creator of the immensly popular 10 Minute Forex Wealth Builder. I am a great fan of the 10 Minute Forex system, so I was very excited to see what this new product was all about. Is this system worth buying? I believe it is..see my full review below.
The LMT Forex Formula promises to be the perfect solution for the part time Forex trader - a trading system that is 100% mechanical, 82% accurate and only requires 15 minutes of work every day. What exactly is the LMT Forex Formula? Let’s start by looking at what this system is NOT. The LMT Forex Formula is not a Forex Robot that trades automatically. It is Not a robot that trades for you. They have a software which shows you the trades but they do NOT place trades for you. You will
manually make the trades which keeps you informed on your trades.

This system is designed to earn 100’s of pips per trade.
It is good for real traders who want to have control over the
trades that you want to make.

This system comes with special indicators that alert you when trading opportunities occur, but you still place and manage the trades yourself. This means that you are not tied to a specific broker and always remain 100% in control of your own trading.
The second thing that the LMT Forex Formula is not is a scalping or intraday trading system that requires you to place many small trades every day. This system is all about large movements in the currencies and is designed to earn hundreds of pips per trade. You will get around 2-3 trades per week and sometimes stay in these trades for days before taking large profits.

What I like about the LMT Forex Formula
I have only tested the LMT Forex Formula for a short while, but the beta testing results I have seen so far has been very impressive. Those who trade actively with this system frequently report large winning trades of more than 300 pips and conservative results show that it is possible to easily make around 500 pips per month by only trading the one or two best setups every week.

Another great thing about this system is that you can use it with ANY broker, you are not forced to use a Metatrader broker like you are with all the Forex robots. The custom indicator requires Metatrader, but you can easily use a free Metatrader demo account for your trade signals and charting while doing your actual trading at a different broker.

The launch price is very affordable. Just the money management techniques that Dean teaches in this system alone is worth this price and if you consider that the product comes with a 60 day money back guarantee, then this is really a low-risk purchase.

Conclusions and Recommendations
Any Forex product by Dean Saunders is always worth investigating and the LMT Forex Formula is definitely one of the the easiest, most accurate Forex trading systems I have ever come across. If you are looking for a system that is almost 100% mechanical, but still under your full control, then I definitely recommend that you check this one out. Once you feel what it is like to take 500 pips profit in one trade off the daily charts you will never be interested in short term scalping methods again.

---- by:fxtradingreviews ------

SEE...FapTurbo Forex Robot Review and Free Download...Forex Trader Reveals : What you must know before you buy Forex Robot.

Forex Trading System

a Simple One That’s Proven and Made Millions
Enclosed you will find a free Forex trading system with one rule which is simple and has made savvy traders huge gains for over 25 years. Let’s take a look at how you can use it for bigger Forex gains…

Of course you can buy a forex trading system but most sold are junk and only have simulated back tested results - this one on the other hand has made gains for over 25 years and will continue to do so.

The system was devised by one of the trading greats - Richard Donchian who is considered the grandfather of modern trend following and his insight on channels and the 4 Week Rule (the trading system below) are two methods all traders should know about.

Let’s take a look at how it works and it’s based on one simple rule, here it is.

Buy a new 4 week high and hold the position, until a 4 week low is hit then liquidate the long position and go short. Keep doing the following - buy new 4 week highs and sell new 4 week lows thereafter and always keep a position in the market.

You can’t get a much simpler system than the above and you don’t even have to think about what to do, the rule is clear and objective, you can simply follow it and it works; here’s why.

Forex markets tend to trend for long periods and these trends can be for many weeks or months. These trends tend to start and continue from new market highs or lows, so this system will put you in on every major trend and help you get a good chunk of the profits.

Don’t worry about its simplicity - forex markets are best suited to simple, robust systems. The trader who complicates his trading strategy normally will see it fail, as it has too many elements to break.

While the system is simple and works, most traders can’t follow it.

It takes tremendous discipline to follow long term trends and they prefer to use shorter term systems which make them feel better or safer - but of course don’t work. They also follow for the myths perpetrated by vendors, that you don’t get drawdowns in Forex - but you do, even the best systems have them. You have to trade through them, learn to take short term losses and look at the big picture which is longer term gains.

This system will never go out of date and is simple to understand, it also doesn’t take long to operate about 15 - 30 minutes a day and the rule tells you exactly what to do.

If you are looking for a long term Forex trading system that’s proven, rather than a simulated one which has never been traded and won’t work, then check out the free Forex trading system which is the 4 Week Rule and you maybe glad you did.

Forex Indicator - Accumulative Swing Index

Trading with ASI indicator involves the following details:
ASI has positive value — uptrend.
ASI has negative value — downtrend.
ASI trend line breakout — validates a breakout on the price chart.
Details
What is Accumulative Swing Index
Welles Wilder, the creator of ASI indicator said, "Somewhere amidst the maze of Open, High, Low and Close prices is a phantom line that is the real market." The Accumulation Swing Index shows this phantom line - the line of the real market.
The Accumulative Swing Index uses a scale from 0 to 100 for an up trend and 0 to -100 for a down trend.

How to interpret ASI indicator
If a long-term trend is up, the ASI has a positive value; and if long-term trend is down indicator appears in a negative value. During sideways moving market, the ASI moves between + and - values.
Accumulative Swing Index is widely used to confirm or deny trend lines breakouts on Forex charts.
Trend lines are drawn on both: a chart and indicator’s graph and then compared against each other to confirm/dismiss trend line breakout signals.

How to trade with Accumulative Swing Index
Welles Wilder, developer of Accumulative Swing Index indicator, describes in his book "New Concepts in Technical Trading Systems" why ASI can be used for trend line breakout confirmations. He said, that ASI is able to show the real strength and direction of the market and since Accumulative Swing Index is heavily weighted in favor of the close price, daily upward and downward spikes do not adversely affect ASI.
Here is a quote from his book:
"When the Index is plotted on the same chart as the daily bar chart, trend lines drawn on the ASI can be compared to trend lines drawn on the bar chart. For those who know how to draw meaningful trend lines, the ASI can be a good tool to confirm trend-line breakouts. Often erroneous breaking of trend lines drawn on bar charts will not be confirmed by the trend lines drawn on the ASI. Since the ASI is heavily weighted in favor of the close price, a quick run up or down during a day's trading does not adversely affect the index."
Signal Buy with ASI occurs when indicator exceeds its previous Swing High.
Signal Sell occurs when ASI dips below its previous Swing Low.

Accumulative Swing Index chart example

Since ASI line represents real market price, Forex traders may effectively use classic technical analysis methods on the indicator itself:
- identify support/resistance levels,
- trend lines and true market direction,
- swings high/low,
- breakout setups
- and divergence between indicator and regular price charts.
Accumulative Swing Index indicator formula
ASI = ASI formula

Where:
C = Today's closing price
Cy = Yesterday's closing price
Hy = Yesterday's highest price
K = The greatest of: Hy - C and Ly - C
L = Today's lowest price
Ly = Yesterday's lowest price
O = Today's opening price
Oy = Yesterday's opening price
R = This varies based on relationship between today's closing price and yesterday's high and low prices
T = the maximum price changing during trade session

---- by; Forex Indicators / ASI -------

Forex; Trend line Strategy

Forex Tips & Strategy : How To Draw Proper Trend Line
Drawing trend line is sometime that is very subjective for most traders. From those trading books that are in the market, trend line is drawn by joining 2 or more swing lows or 2 or more swing highs. However the problem lies with there are a lot of swing highs and lows in most chart and which one should you use and which one should you ignore?

This is a topic that is suggested by one of our active newsletter subscriber who is a fellow trader. Therefore I am going to spend some time on this post to go through how you can draw proper trend line.

Basically there are 2 main types of trend line you can draw and they are

1) Common Sense Trend Line: This type of trend line is the most commonly used by traders and it basically makes use of 2 or more swing highs or lows to connect to form the line. Swing lows are formed when there is a candle that has 2 higher candles on its left and right and swing highs are formed when there is a candle that has 2 lower candles on its left and right.

Since there are quite a number of swing highs and lows in a particular chart, you need to be able to prioritise which are the more important ones.

Swing low usually forms a V-shaped pattern while swing high forms an N-shaped pattern. For swing low, the one with more higher candles on its left and right will be more significant than the one with lesser higher candles on its left and right and it works the same for the swing highs except that you should be looking for more lower candles.


When drawing common sense trend line, you will try to connect a few points and the line that has the most points connected will be the line you should be using to trade. The more swing highs or lows you manage to connect to form a trend line, the more powerful it is because there is more time the market is trying to break the line but failed and it will serve as a strong support or resistance.

One more thing to take note, if the trend line is breached by a candle, it will be no longer useful and you need to redraw another new trend line.


Personally I use a mix of these 2 ways of drawing trend line. The common sense trend line sometime serves as a long term trend line for me while the Tom Demark trend line serves as a short term trend line for me and both of them works rather well so far.
Hope that this post on how to draw trend line is useful for you.

--- by ; Kelvin / forex tips

Forex ; Trading Double Tops and Double Bottoms

Trading Double Tops and Double Bottoms
No chart pattern is more common in trading than the double bottom or double top. In fact this pattern appears so often that it alone may serve as proof positive that price action is not as wildly random as many academics claim. Price charts simply express trader sentiment and double tops and double bottoms represent a re-testing of temporary extremes. If prices were truly random, why do they pause so frequently at just those points? To traders the answer is that many participants are making their stand at those clearly demarcated levels.

If these levels undergo and repel attacks, they instill even more confidence in the traders who've defended the barrier and, as such, are likely to generate strong profitable countermoves. Here we look at the difficult task of spotting the important double bottom and double tops, and we demonstrate how Bollinger Bands can help you set appropriate stops when you're trading these patterns.


React or Anticipate?
One great criticism of technical pattern trading is that setups always look obvious in hindsight but that executing them in real time is actually very difficult. Double tops and double bottoms are no exception. Though these patterns appear almost daily, successfully identifying and trading them is no easy task.

There are two approaches to this problem and both have their merits and drawbacks. In short, traders can either anticipate these formations or wait for confirmation and react to them. Which approach you chose is more a function of your personality than relative merit. Those who have a fader mentality - who love to fight the tape, sell into strength and buy weakness - will try to anticipate the pattern by stepping in front of the price move.



Reactive traders, who want to see confirmation of the pattern before entering, have the advantage of knowing that the pattern exists but there's a tradeoff: they must pay worse prices and suffer greater losses should the pattern fail.


What's Obvious Is Not Often Right
Most traders are inclined to place a stop right at the bottom of a double bottom or top of the double top. The conventional wisdom says that once the pattern is broken, the trader should get out. But conventional wisdom is often wrong.

Leaving the trade early may seem prudent and logical, but markets are rarely that straightforward. Many retail traders play double tops/bottoms, and, knowing this, dealers and institutional traders love to exploit the retail traders' behavior of exiting early, forcing the weak hands out of the trade before price changes direction. The net effect is a series of frustrating stops out of positions that often would have turned out to be successful trades.



What Are Stops For?
Most traders make the mistake of using stops for risk control. But risk control in trading should be achieved through proper position size, not stops. The general rule of thumb is never to risk more than 2% of capital per trade. For smaller traders, that can sometimes mean ridiculously small trades.

Fortunately in FX where many dealers allow flexible lot sizes, down to one unit per lot - the 2% rule of thumb is easily possible. Nevertheless, many traders insist on using tight stops on highly leveraged positions. In fact, it is quite common for a trader to generate 10 consecutive losing trades under such tight stop methods. So, we could say that in FX, instead of controlling risk, ineffective stops might even increase it. Their function, then, is to determine the highest probability for a point of failure. An effective stop poses little doubt to the trader over whether he or she is wrong.

Implementing the True Function of Stops
A technique using Bollinger Bands can help traders set those proper stops. Because Bollinger Bands incorporate volatility by using standard deviations in their calculations, they can accurately project price levels at which traders should abandon their trades.
The method for using Bollinger-Bands stops for double tops and double bottoms is quite simple:

1. Isolate the point of the first top or bottom, and overlay Bollinger Bands with four standard-deviation parameters.
2. Draw a line from the first top or bottom to the Bollinger Band. The point of intersection becomes your stop.

At first glance four standard deviations may seem like an extreme choice. After all, two standard deviations cover 95% of possible scenarios in a normal distribution of a dataset. However, all those who have traded financial markets know that price action is anything but normal - if it were, the type of crashes that happen in financial markets every five or 10 years would occur only once every 6,000 years. Classic statistical assumptions are not very useful for traders. Therefore setting a wider standard-deviation parameter is a must.
The four standard deviations cover more than 99% of all probabilities and therefore seem to offer a reasonable cut-off point. More importantly they work well in actual testing, providing stops that are not too tight, yet not so wide as to become prohibitively costly. Note how well they work on the following GBP/USD example.


More importantly, take a look at the next example. A true sign of a proper stop is a capacity to protect the trader from runaway losses. In the following chart, the trade is clearly wrong but is stopped out well before the one-way move causes major damage to the trader's account.

Conclusion
The genius of Bollinger Bands is their adaptability. By constantly incorporating volatility, they adjust quickly to the rhythm of the market. Using them to set proper stops when trading double bottoms and double tops - the most frequent price patterns in forex - makes those common trades much more effective.

--- by; Boris Schlossberg / director of currency research at GFT Forex. ----

Forex Trading System

Profitable Trading System
Open any chart for any currency pair, any time frame. I will use EUR/USD 1H as an example.
Next, attach Bollinger bands and OsMA indicators. Default settings for both.
What we are going to use here is a classic trading method called Divergence trading. divergence simply happens when the indicator and price are going in opposite directions.

The indicator we are going to use for Divergence is the OsMA indiactor.

To avoid false Divergence signals, we are going to use Bollinger bands. Valid signals are only the ones that happens when price hits overbought – oversold levels of Bollinger bands.
Images1


When that happens we should know that price will reverse. In the above example, price was going up. So we are waiting for a sell signal. If price was going down, that means we are waiting for a buy signal.


Entry Rules –
Buy signal :

1 – Divergence
2 – Price hits Bollinger band’s oversold levels

Entry signal:
1 – when price starts to reverse up from the oversold level
2 – OsMA forms a new bar above 0 level.

Images2

Entry Rules –
Sell signal :
1 – Divergence
2 – Price hits Bollinger band’s overbought levels

Entry signal:
1 – when price starts to reverse down from the overbought level
2 – OsMA forms a new bar below 0 level.

Images3

Stop Loss :Last support/ resistance level.
Target :You have the choice to exist your trades when ..
1 – price hits the opposite Bollinger band’s level Or
2 – an opposite signals is generated

This system works great on 15M time frames and higher. Not recommended for smaller time frames.
The system is not to be used with major news releases.

It’s not the holy grail, but it’s a very good start. Try it and remember that practice makes perfect.

----- by ; Forex Warlord -------

Forex ; Ross Hook Trading Strategy

Joe Ross has been trading and investing since his first trade at the age of 14, and is a well known Master Trader and Investor. He has survived all the up and downs of the markets because of his adaptable trading style, using a low-risk approach that produces consistent profits. Joe Ross is the creator of the Ross Hook ™ (Rh), and has set new standards for low-risk trading with his concepts of "The Law of Charts™" and the "Traders Trick Entry™" (TTE). Joe Ross has a few preferred trading signals, but we will present here the Ross Hook and the Traders Trick Entry.

Ross hook could be created on charts after:

1. First correction after a 1-2-3 pattern breakout;
2. First correction after a ledge pattern breakout (A ledge consists of a minimum of four price bars. It must have two matching lows and two matching highs. The matching highs must be separated by at least one price bar, and the matching lows must be separated by at least one price bar.);

First correction after a trading range breakout (A Trading Range is similar to a ledge, but must consist of more than ten price bars.).

The definitions are from "Law of Charts" by Joe Ross. This is very useful reading also.

During an uptrend when the market fails to make new high, a Ross Hook is formed. During a downtrend when the market fails to make new low, a Ross Hook is formed. Every directional price move reaches a point of exhaustion and needs new participants to continue. That is why the market takes its breath and at this point a Ross hook occurs. The Ross hook could be identified when the market is trending not when it is in a phase of consolidation. We skip the signal if the market opens with gap beyond the Ross Hook.

With the Traders Trick Entry TTE we try to open position before the other traders. We can make profits in trading only if we take other people's money. We have to learn how we can be one step ahead of the other market players. When Ross Hook, 1-2-3 pattern or other chart formation occurs most of the traders will place their orders at these levels. The Big boys know this very well and often target these order to make easy profits. They move the prices towards the nearest major level and activate the orders around only to reverse the price movement towards the stop losses. TTE is designed for such cases. When we see Ross hook and expect a test of this level we try to open a position early and make a nice profit if the break is successful with good risk/reward ratio. In most of the cases if the break of the Rh is false we can close our position with small profit



Long Position

1. The high of the last period is lower than the high of the previous Ross hook is formed;
2. The price retraces lower and the high of every period is lower than the previous one. The retracement should be 3-5 periods max;
3. We place a buy order above the high of the last period with stop loss below its low;
4. When the long position is opened we place limit order according to our money management rules. We suggest closing part of the position and move the stop loss to break even when the Rh level is reached.

Short Position

1. The low of the last period is higher than the low of the previous Ross hook is formed;
2. The price retraces higher and the low of every period is higher than the previous one. The retracement should be 3-5 periods max;
3. We place a sell order below the low of the last period with stop loss above its high;
4. When the short position is opened we place limit order according to our money management rules. We suggest closing part of the position and move the stop loss to break even when the Rh level is reached.

---- by : Svetlin Minev ------

THE TRADER’S MINDSET

THE TRADER’S MINDSET

You must keep in mind that even with a tested and
profitable system, you could have numerous losses in a row. This is usually referred to as drawdown. Being aware that this can and will even- tually occur can prepare you to control risk and not abandon your trading system when drawdown occurs.

This confidence is an important ingredient in your mindset, one that you must develop in order to be consistently profitable. You are striving for a balanced growth in your trading equity curve over time. When you see that steady balanced growth, you’ll know you’ve developed the mindset necessary to be a trader.
Acquiring the trader’s mindset takes time and experience and generally occurs when you least expect it. Here’s a partial list of the traits you should develop:

■ Sense of calm when trading

■ Ability to focus on the present reality and not how you would like reality to be

■ Disregarding which way the market breaks or moves

■ The feeling that the money is not the point

■ Always looking to improve skills

■ Open-minded, keeping opinions to a minimum

■ Absence of anger

■ Enjoyment of the process

■ Trading one chosen approach or system

■ No need to control or conquer the market

■ No feeling of being victimized by the markets

■ Taking full responsibility for all trading results.

Forex Trading Strategies : DMI and Psar

Directional Movement Index and Parabolic SAR
DMI and Parabolic SAR are very efficient trend indicators and are used often by traders for developing of their strategies. These indicators could be used separately and in combination with other technical studies. The DMI system is plotted by three lines: ADX, +DI and -DI, and could be used for generating of signals or trend filter:

Rising ADX shows that the market has a clear direction and is in a trending mode;

Declining ADX shows that the trend is losing steam or the market is in consolidation phase;
When ADX is above 20-25, the market is in a clear trend.

DMI system generates the following signals:
Rules for long position

1. ADX is above 25 and rising;

2. The Parabolic SAR goes form below to above the chart of the price. The bar when this happens is marked as Signal bar.

3. Long position is initiated when the price breaks 2-3 pips above the high of the Signal bar.

4. After the position is open an initial stop loss order is placed 2-3 pips below the low of the signal bar.

5. A limit order is placed according our Money management rules.
Rules for short position

1. ADX is above 25 and rising;

2. The Parabolic SAR goes form above to below the chart of the price. The bar when this happens is marked as Signal bar..

3. Short position is initiated when the price breaks 2-3 pips below the low of the Signal bar.

4. After the position is open an initial stop loss order is placed 2-3 pips above the high signal bar.

5. A limit order is placed according to our Money management rules.

Indicator chart



----- by ; Svetlin Minev / M.Popov ------

Forex Trading Indicator

Fx Indicator's ; Elliott Wave Oscillator, Juice and MA” -
the currency pair EURUSD (but you can choose any other, the selection of suitable values of stop-loss, profit and trailing stop),
a time-frame - M30 - MetaTrader4

Indicators Forex:
1) Exponential Moving Average EMA (200), applied to a close, the color blue.
2) Exponential Moving Average EMA (50), applied to a close, the color red.
3) Oscillator Elliott Wave Oscillator.
4) indicator of the level of Juice 0,0004.


Open a deal to BUY conclude with the following conditions:

1) Price is above the 2 moving averages EMA (200) and EMA (50), and the trend is upward, as indicated by the intersection of bullish Moving Averages (red above blue)

2) Oscillator Elliott Wave Oscillator crossed its zero line and closed above it.

3) Juice indicator is above its level of 0.0004.

Take-profit set to a value of 100 points from the entrance to the market.

Stop-loss - 20 points, trailing stop just 20 points.


Open a deal to SELL is when the following conditions:

1) Price is below the 2 moving average EMA (200) and EMA (50), while the trend is downward, as indicated by the intersection Moving Averages bearish (red below blue)

2) Oscillator Elliott Wave Oscillator crossed its zero line and closed below it.

3) Juice indicator is above its level of 0.0004.

Take-profit as set on the value of 100 points from the entrance to the market.

Stop-loss, respectively - 20 points, trailing stop - 20 points.

----- by ; ForexStrategies ----

BSE Picks Up 15% in United Stock Exchange

The Bombay Stock Exchange (BSE) has shown that it has purchased 15% participation in the United Exchange (USE), a new entrant in the space of currency derivatives.

The sources said the company, which has a paid up capital of Rs 150 crore, will now work as a group company of BSE. BSE investment will be Rs 22.5 million rupees, 15% of the paid-up capital.
The source added that HDFC, Bank of Baroda, Federal Bank, Union Bank of India, Allahabad Bank and Bank of India are the current shareholders of use.

Forex enterprise

Everyone knows that the Internet is the best place to earn money - and more intelligent. However, many have not grasped the idea or really spent the time and strength to use his right. Forex Company is a unique course that allows you to take this exciting opportunity source of gold on the Internet. It is totally quiet to dispel any claim of making money on the internet as a fad or worse still a trick. But Forex Enterprise is a really true that the plant and machinery damn well too!
The manufacturer of Forex Enterprise Mr. Nick Marks has put in his existence to explore and clear marketing genius behind this model. Your dreams can make an opportunity to pioneer multiple streams of income from sources such benefits. This field of online currency trading is unique in every way. What weighed heavily on my improvement is the shining examples I came to consider my contacts and colleagues who had brought to this organization. They are stubborn people for promotion and going ga-ga over Nick's exciting thinking means there must be something it.Yes, Forex Enterprise is a bold clean and supported by the existence of numerous studies and proven strategies that provide the large sample and playback compatibility right from day one. They aim to send more results, faster and constant. Now that is important. Because, no big deal if you make money in 15 to resume the merger plan, but 2 to 5 of time by the line of what is the state? You can see that Nick's currency now plant a source of long period and is then truly an attractive proposition.
Among the many things that came with this wonderful gift, Forex Enterprise offers nothing bet investment strategies. These propose the best strategies of the load so talk of putting the currency advantage, less risk! He keeps offering updates of new techniques and tested as a destination are not to stray even among one of the many streams of the benefits described in practice. All you have to do is to chart the progress of the step. It's so unadorned use and will amaze you how valuable it is.
The best part of Forex business approach is that there must be a high-tech nerd for the benefit of thoughts. You do not have to know something about wily web script or Java, but continues to allocating these costs directly about hours, only a few in one day! Included in the package of Forex Enterprise is a web site with accommodation released from where they could be sold over 1000 of the harvest! Since there are over a million of goods better promotion of top label names is quiet to make your website a virtual supermarket!
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Forex Enterprise also understands that if you are close to opening the resources you could explore AdWords unfussy low-cost means of transfer and generation. This scheme Forex offers 100% money agreement and has almost 3 months to test whether the technique works for you or not. With so many guarantees and testimonials of rain long name and profits, Forex enterprise may be the right plan for you. As for me, I'm independent to take that Caribbean cruise - kindly recommended by Nick!
Everyone knows that the Internet is the best place to earn money - and more intelligent. However, many have not grasped the idea, or too useless time and effort to enforce their order. Forex Company is a unique program that allows you to take this exciting gold mine coal opportunities on the Internet. It is quite clear to dispel any claim of making money on the internet as a fad or shoddier be a trap. But Forex Enterprise is truly a real code that works, and operation of the well!
The inventor of the device of Enterprise Mr. Nick Marks has put her life in research and marketing brains behind this mission seriously. Your ideas can make an opportunity to pioneer multiple streams of income from the benefits of the source category. This online currency trading is traded exclusively in all respects. What weighed heavily on me is the incredible goodness I came to hear testimony of my links and colleagues have used this technique. These relationships are stubborn people and to go ga-ga over Nick's exciting thinking means there must be something it.Yes, Forex Enterprise is simple boldness and with the support of the existence of research and proven strategies that provides the sample is completed and the right of playback compatibility from day one. It is designed to provide results faster, quicker and steadily. Now that is important. Because it is no great divide, if you make money in 15 registration of the union of course, but 2 to 5 years after the line of what is the place? You can see that Nick's currency business operation in a stem long label and therefore really an attractive proposition.
Among the many things that came with this wonderful gift, Forex Enterprise offers play anything at all investment strategies. These strategies offer the best rate of currency substitution so that the park pay-less risk! He keeps offering updates of new techniques and tested so as not to avoid danger lie even among one of the many streams of expropriation in the use indicated. All you have to do just to admire the action step instructions. It's so simple to use and was surprised how it is operating.
The best part of Forex business plan is that it has to be a nerd in high technology for the benefit of ideas. You need not know anything about web collusion or Java scripts, but that support to benefit from all these almost instantly costs only a few hours in a day! Inclusion in the Business of the current currency is a site for housing could be released from where to advertise over 1,000 products! With more than a million-selling products of superior label names is quiet to make your website a virtual supermarket!
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The European Economic and Monetary Union (EMU) Euro Currency Unit

On 1 January 1999, eleven countries of the Economic and Monetary Union (EMU) decided to give up its own currency and adopt the Euro (EUR) currency: Austria, Belgium, Finland, France, Germany, Ireland, Italy , Luxembourg, the Netherlands, Portugal and Spain. Vatican City also participated in this transition. Greece followed suit on 1 January 2001 Slovenia on 1 January 2007 Cyprus and Malta on 1 January 2008 and Slovakia on 1 January 2009.
It should be noted that any place that previously used one or more of the coins listed below has now also adopted the euro. This applies to the Principality of Andorra, the Principality of Monaco and the Republic of San Marino. This of course applies automatically to all territories, departments, possessions, or group of euro-zone countries, such as the Azores, Balearic Islands, Canary Islands, Europa Island, French Guiana, Guadeloupe, Juan de Nova, Madeira, Martinique, Mayotte, Reunion, Saint-Martin, Saint Pierre and Miquelon, to name a few.

Banknotes and coins began circulating in the countries before 1 January 2002. At that time, all operations in those countries are valued in euros, and the "old" notes and coins of these countries were removed from circulation. The precise dates that each "old" stopped being the legal currency indicated in the table below.

For convenience, and because their values are now irrevocably fixed against the euro as indicated above, the XE.com Universal Currency Converter will continue to support these units, even after its withdrawal from circulation. Moreover, most of the euro coins will start being physically convertible into special places for a period of several years. For details, see the official website of the euro as described in the section corresponding links.

A note on spelling and capitalization: the official spelling of the euro currency in the English language is "euro" with a lowercase "e". However, the industry practice of writing overwhelmingly dominant "Euro", with a capital "E". As the names of other currencies are capitalized in general use, it helps to differentiate the name "euro" currency EUR sense from the more general adjective "euro", which means nothing remotely to do with Europe. This is particularly prevalent in the marketing and advertising, where it is common to read sentences like: "Try new hair gel Goop ™ with genuine euro style and celebrate!" However, this is very subtle linguistic nuance, even for native speakers of English. It is also important to note that there are many different official languages of the name or euro unit, which also may or may not coincide with general usage.

3 Tips For Forex Trading

1. Learn how to trade Forex. If you really intend to become a profitable forex trader must know what to do. Do not be like 98% of forex traders and decide to start without knowing what steps to take first, If you do, you could lose big money. The FX market is brutal to understand.

However, blindly jumping on it can be treacherous. I'm not trying to scare you. Like everything in life before it can become a professional who needs to understand the basics, then you can grow and develop from there and the currency market is no difference.

2. Finding a Forex trading system automated to help build your business in Forex. The following advice on how Forex trading is the purchase of a huge system. The system should reduce the amount of work to do to make money. That's why it is influential, which benefits from a large system.

3. Have a plan of daily action. You need a different strategy and set goals. What do you get? What do you expect from the shops? These are some things you want to plan. Failure to declare, you want to make a good profit from its foreign exchange trading company. More information HowToForexTrade.net

CMS FOREX

Capital Market Services LLC (CMS) is one of the leading online foreign exchange (Forex) brokerage firms in the United States. We offer innovative solutions to retail and institutional clients. By partnering with Visual Trading platform gives us the most advanced Forex trading available on the web. Our innovative software solutions and competitive business conditions make us the best choice for the most demanding operators worldwide. Visual Trading platform is the only one offering live real-time graph, based on commerce while merchants to conduct expert analysis with a selection of the most sophisticated technical analysis tools.

Our customer base stretches around the globe. Traders in North America, Europe and Asia have seen why CMS is the leading online distributor of Forex. While many other financial institutions have been falling in recent years, CMS has always been profitable and has been always growing! The time has never been better to enter this booming global industry. Join today CMS if you want to be part of a financial powerhouse with unlimited growth potential.

Capital Market Services LLC is a Futures Commission Merchant (FCM), a member of the National Futures Association (NFA) and regulated by the Commodity Futures Trading Commission (CFTC).

CMS Forex was founded by professional Forex traders, currency traders and software developers, and as a result has been able to identify the needs of operators from the beginning. Since 1999, CMS Forex's mission has been to provide the most powerful technology combined with the currency trade execution quality, competitive services and reliable customer service. During the past seven years, CMS Forex has quickly become one of the leading online institutions of the world retail foreign exchange, providing security, software user-friendly Forex trading.

CMS Forex is positioned as an industry leader in the Forex market and continues its growth as it strives to offer its customers the best business environment. Based in New York, CMS Forex and its subsidiaries now have offices in Boston, Tokyo, Bermuda, St. Petersburg and Shanghai. Bermuda Capital Market Services International and CMS Japan were created to strengthen the global reach and better serve our international clients.

CMS Forex strives to serve both retail and institutional segment of the Forex community. Their commitment to providing innovative technology from foreign exchange trading, fair dealing practices and excellent customer service sets CMS Forex as a major force that traders look for advanced Forex chart up to date Forex news, Forex education and information.

CMS Forex Partners in New York, St. Petersburg, Shanghai and are dedicated to go the extra mile to satisfy customer needs, by creating and constantly improving on the already sophisticated and easy trading software, VT Trader ™. These attributes, plus many others, demonstrate that CMS Forex has built from the base of a service that really stands on its own.

Forex Demo Account

If you are a novice in foreign exchange industry, and have no idea what is happening around them, better go and find information online. There is plenty of information obtained, and it is best that you have knowledge of the fundamentals. There are websites that offer commercial electronic books to its customers only. Do you want your bargaining skill developed? Do not worry! Just find a site that offers to create an online demo account Forex.
It will give you practice in the trade and you will find very useful. There are also forex trading software that provides practice in trade. Account is like having a real live demonstration of the currency and is in the market today. Better find commercial software that can run on any computer. Also check if your trading platform can be installed in a variety of equipment. Choose also trading platforms that offer flexibility and bargaining tools that will guide you on your way to Forex Trading, which is the most liquid market in the world.
Find online trading centers that will offer excellent trading conditions and coupled with the latest technology. Some of them offer free demo account currency. Some centers of commerce offers the customer support team for you so that you will have advisers who can give advice on what to do. Currency traders will need all the help they can get.
When you have your demo account of the currency, and portability of the software is there, if you are traveling on the road or just stay home, you will have access to everything that is happening in the currency markets. You will always be updated with current news of negotiation. Forex demo account would be the way online forex trading system.

How to earn in Forex

Forex, where the commodity that is traded is the currency, not stocks and shares, trading is a market that gives its investors, the performance in the form of the relative value of a currency changes by one. Forex is therefore always traded in currency pairs with the major currency pairs are Euro / dollar (EUR / USD) and the U.S. Dollar / Japanese Yen (USD / JPY), to name a few. And it is concurrent with the purchase and sale of currencies which the operator expects a profit in the fluctuations of the favorable exchange rate. Exchange rates are always fluctuating up and down, in seconds and all the art of negotiation lies in the perfection predict the trend of variation between the two currencies. But how to make money in such a competitive market and constant trade?
Well, here's an example to illustrate how ... Assuming that the current supply / sale price for EUR / USD is going by the rate of 1.5027/30, giving you the option to buy 1 euro of $ 1.5030 U.S. or sell 1 euro for 1.5027 U.S. dollars. Now, if you feel that the euro is undervalued against the U.S. dollar, would choose to buy euros, the sale of their dollars at once. So buy 100,000 euros by paying 150,300 U.S. dollars. You can then start analyzing the market, pending the exchange rates go up. You can also opt for Spot Forex Trading because of its benefits

Some Interesting Facts about Automated Forex Trading

Is your debt overwhelming giving sleepless nights? It really makes you feel bad. You have taken the money from relatives and acquaintances. Banks and other lenders have turned down. If you are concerned about this type of situation, you should seek some really good profitable ideas and tips to combat your debt. You may be surprised to hear that the automated Forex market can help in resolving the debt. Making Forex investment can alleviate its financial problems. You can use the money from forex trading for the settlement of their debts with a debt settlement program debt.

When you're in the Forex market, its main goal as an investor is undoubtedly profit from foreign currency movements in the market. A range of income opportunities in the forex market and some of them are:
The options for zero commission trading
24-hour trading
Unrestricted access to Forex traders worldwide
Opportunity to make money in both rising and falling markets
For trade leverage, investors have the opportunity of trading with low margin
In short, if they really take a serious approach to making profits, foreign investment is a suitable option for you. With the advent of automated forex trading, Forex investors have had success with the variety of its investment in the foreign exchange market. Some of them even claim they have not experienced losses since 1999 when it began using the automated installation of foreign exchange trading.

Some of the important advantages provided by the automated Forex market are:
The initial investment is small
The Forex market is a big market where the volume of currency is traded billions of dollars. If you take the help of automated forex trading, it becomes easier for you to trade.
Automated Forex trading can help you trade round the clock or 24 hours a day.
The forex market is highly volatile. Forex automatic trading helps by managing their risks.
Under an automated Forex, there is no restriction on the volume of trade.
For investors who are using automated forex trading, large fluctuations in the prices of FX trading means good profit.
However, it is worth keeping in mind that nobody can control the currency market. Despite the fact that more and more people are using the automated system of trading of the currency, which have the ability to control the market.

Within the system of one or two days, automated forex trading can make hundreds of thousands of U.S. dollars. The most important aspect of automated Forex market is that you do not have to be an expert in the domain. After installing the program and the rest would be managed by it.

Benefits of Rolling Over to a Roth IRA

The most common question in the minds of investors is what the main difference between the Roth IRA and traditional IRA? The most basic difference is that the tax structure, but the main thing is knowing that it's worth refinancing to a Roth IRA, to maximize returns over investments.Rolling retirement IRA may be the most intelligent decision for to achieve the objective of maximizing yields. Some of the facts listed below which an investor should know about the Roth IRA: The main thing is that investment income of the person not be taxed. Only the contributions are taxed but once the funds make an entry in the account of the person then ne escaped taxation.

Currency Trading - Forex

The foreign exchange market, often referred to as FOREX, is the market for different currencies, making it the largest financial market in the world with a daily average turnover of approximately $ 3 billion. It is a market which, in essence, is based on world trade. Goods and services are exchanged 24 hours a day around the world. As the transactions that take place all the time These transactions across national borders require payments in non-domestic currencies. That is where the forex market comes in.

Looking-for-forex-markets-worldwide

Forex is also considered by the foreign exchange market or FX name. Those who engage in foreign exchange markets are generally higher, the richest business enterprises and banks around the world. That trade in currencies of various countries to establish a counterweight to those who win and others will lose money. The fundamental principles of the currency are similar to that of most countries, only much bigger and complicated. Includes a variety of people, money and comes and goes around the world among all countries pass.
Different exchange rates happen and change every day for the dollar amount today could be more or less as follows. Forex trading can be difficult to keep track of what should be dedicated to keep an eye on your funds, especially if you've invested a lot of them, you could lose big money. First, trade in forex trading occurs in Tokyo, in its new and in London, and several other places around the world.

Smart Tips on Forex Trading Currency

Operations in foreign exchange markets is essentially committed to foreign stocks, currency and the products of these nations. The value of the currency of one country is weighed against the currency in a different foreign market to decide the overall value.
The final value of this coin is documented in all the trades made in the past the stock markets of the currency. It's the sound that all foreign markets last take possession of the value of that countries value, involving the currency, or money. Those who invest in the Forex markets include banks, corporations, governments and other financial institutions.

How to Get Out of Payday Loan Debt

There are several options for borrowers who feels trapped and wants out of debt loan payday, because tips can help you find a good alternative:
1. Payday loan debt settlement is another option for consumers. If you want a reliable company that can provide the help to get out of payday loan due. They will work with you to configure an affordable monthly payment, reduce collection harassment and get their loans paid in just six months. The length of time it takes to make loans and the amount of your monthly expenditure will depend on the amount of debt of payday loan and monthly disposable income.
2. Borrowing money from family and friends and pay them all off. Use a line to check the structure of these loans as lower interest loans. This option is not always accessible to consumers and shame often prevents them from taking this step.
3. Bankruptcy may be an alternative too, but the significant fact is that bankruptcy will stay on your credit for 10 years. Consumers given this option are advised to consult a legal representative.

Forex Trade Signals The Best Forex Trading Alerts

When started in the Forex market can be useful to join a company that helps trade, forex trade signals.
There are many forex traders that offer this service, where for a price you can join your chat room or message boards and receive alerts when they make a trade. The problem is that most of these services are so unprofessional, inaccurate or simply trap that is difficult to find a good reputation.
We have been members of the "reputation" of the signal of trade and industry have paid more than $ 300 pm for some of these services and were burned by just one each.
However, there are some that are reputable and the list of the best below. Most of them have probationary or accounts and you can test your Forex trading before you start calling.
Very Important Note: It is essential that never based on some sort of robot foreign exchange trading system or automated service that signal alone. You should use your own trading plan and stick to its own trading rules and use a forex signal service only as a confirmation of your trade or as an alert for a possible trading opportunity. Always use your own discretion, knowledge and experience in the foreign exchange market to make your trading decision.