High Quality Forex Signal For Gold XAU/USD - Monday 28 November 2016
Buy Now : XAU/USD(Gold) @ 1188 / Take Profit (1) : 1199 / Take Profit (2) : 1209 / Stop Loss : 1180
Gold
High Quality Forex Signal For EUR/JPY
High Quality Forex Signal For EUR/JPY - Monday 28 November 2016
Buy : EUR/JPY @ 119.10 / Take Profit : (1) : 119.70 / Take Profit (2) : 120.10 / Stop Loss : 118.50
EUR-JPY
High Quality Forex Signal For GBP/USD
High Quality Forex Signal For GBP/USD - 28 November 2016
Buy : GBP/USD @ 1.25053 / Take Profit : 1.27528 / Stop Loss : 1.23414
GBP-USD
High Quality Forex Signal For NZD/USD
High Quality Forex Signal For NZD/USD - 23 Novmber 2016
Sell : NZD/USD @ 0.70805 / Take Profit : 0.69552 / Stop Loss : 0.71482
High Quality Forex Signal For AUD/USD
High Quality Forex Signal For AUD/USD - 23 November 2016
Sell : AUD/USD @ 0.7410 / Take Profit : 0.7300 / Stop Loss : 7470
Forex : Technical Indicators : Parabolic Sar Indicator
I Talked in previous article about RSI Indicator you can read it through this link
.Today I will explain Parabolic Sar Indicator and how to use it in Forex trading
So far , we showed you the indicators that focus mainly to hold the beginning of new trends , although it's very important that we be able to distinguish the new trends ,also it's important to be able to determine where will be the end of this trend , and this will can determining the right time to open deals as well the right time to close the deals
Parabolic Sar Indicator
The Stop and reversal indicator (Parabolic Sar) is developing to RSI indicator and it's considered the second indicator that can help us to decide where to close the deal exactly,the stop and reversal indicator is indicator puts group of points on the chart and indicates to the possibility of reverse movement for the price
At the below chart you can to see that the points move instead of that are under the candles during bullish trend ,the points become above of the candles during bearish trend after trend reversal
Parabolic Sar Indicator
This indicator is provided on Metatrader program , we can add it by clicking on insert then indicators then trend then parabolic sar
.Best frame time with Parabolic Sar is 15 minutes
? How to Trade Using Parabolic Sar Indicator
: The Using Parabolic Sar as below
.Buying Signal : When the point be under the candle ,that is buying signal
.Selling Signal : When the point be above of the candle ,that is selling signal
: Closing The Deal
If you opened buying deal , you close it if the point of parabolic sar appeared with the color red higher than the candle
If you opened buying deal , you close it if the point of parabolic sar appeared with the color green lower than the candle
High Quality Forex Signal For EUR/USD
High Quality Forex Signal For EUR/USD - 22 November 2016
Buy Now : EUR/USD @ 106140 / Take Profit : 1.06970 / Stop Loss : 1.06078
High Quality Forex Signl For CAD/JPY
High Quality Forex Signl For CAD/JPY - 22 November 2016
Pending Order / Sell : CAD/JPY @ 82.800 / Take Profit : 81.126 / Take Profit (2) : 70.503 / Take
Profit (3) 76.900 / Stop Loss : 84.000
High Quality Forex Signal For GBP/USD
High Quality Forex Signal For GBP/USD - 22 November 2016
Buy : GBP/USD @ 1.24874 / Take Profit : 1.26535 / Stop Loss : 1.22874
Forex : Technical Indicators : RSI Indicator
I Talked in previous article about commodity channel index (CCI) you can read it through this link
.Today I will explain RSI Indicator and how to use it in Forex trading
RSI Indicator
It looks like stochastic indicator at using because it distinguishes between increased buying cases and as well increased selling cases , It's measured by digital scale begins from zero to 100
If the readings under the level of that means rising in sales and expect buying will happen
While If the readings were above of 70 level that means rising in purchases and expect selling will happen
Best feature for RSI indicator that it determines when we will close the deal where 50 level -
It expresses about a time period data equals previous 14 days -
Best frame time with RSI is 15 minutes -
This Indicator you can add it on the chart on Metatrader program by clicking on insert then indicators then oscillators then Relative Strength Index
The Ways of Trading Using RSI indicator
: Trading by watching the levels 30 and 70
The 30 level is support level -
The 70 level is resistance level -
The 50 level is for taking profits -
RSI Indicator
Buying Signal : If the price reached the 70 level and came from top to bottom , we ready for selling here , the meaning is if the currency reached to the level of increased buying or buying saturation , There are a possible selling signal when RSI indicator above of 70 level but sure that is not mean that you sell at every time if the price hit 70 level maybe it's a fake signal
Buying Signal : If the price reached the 30 level and came from bottom to top , we ready for buying here , the meaning is if the currency reached to the level of increased selling or selling saturation , There are a possible buying signal when RSI indicator under 30 level but sure that is not mean that you buy at every time if the price hit 30 level maybe it's a fake signal
High Quality Forex Signal For USD/JPY
High Quality Forex Signal For USD/JPY / 21 November 2016
Sell : USD/JPY @ 111.022 / Take Profit : 108.9 / Stop Loss : 112.1
Forex : Technical Indicators : commodity channel index(CCI)
I Talked in previous article about Stochastic Indicator you can read it through this link
.Today I will explain commodity channel index (CCI) and how to use it in Forex trading
(Commodity Channel Index(CCI
CCI Indicator distinguishes between increased buying cases as well the increased selling cases in the market ,and it measured by digital standard begins from -100 to +100 ,and there are some charts show it between -200 to +200
Best feature of CCI indicator that it determines the beginning and the end each trend during a time period of 20 days
.Best frame time with CCI indicator is 30 minutes
This indicator is provided on Metatrader program by clicking on insert then choose trend then then choose commodity channel index
The Ways of Trading Using CCI Indicator
First Way : 200 Lines
: Selling signal
If The CCI Indicator reached higher than +200 line then it started moving from top tending to bottom here we are ready to sell , the meaning that the currency reached to increased buying level or buying saturation
: Buying Signal
If The CCI Indicator reached loewer than -200 line then it started moving from bottom tending to top here we are ready to buy, the meaning that the currency reached to increased selling level or selling saturation
Second Way : Stochastic Lines
We consider the -100 is first support line
The -200 Line is second support line
We consider the zero line is the midpoint
We consider +100 line is first resistance line
We consider +200 line is second resistance line
.This way is the most common to trade using CCI because it is very easy
Forex : Technical Indicators : Stochastic Indicator
I Talked in previous article about MACD indicator you can read it through this link
Today I will explain stochastic Indicator and how to use it in Forex trading
Stochastic Indicator
Stochastic indicator one of most important indicators ,the main function of this indicator that it gives us a report if the currency pair trading now at increased buying area (overbough) or it's trading at increased selling area (oversold) in another meaning it measures the buying and selling amounts
Best feature of Stochastic indicator that it helps us on taking the right decision around closing the deal
This indicator is provided on Metatrader program by clicking on insert then indicators then oscillators then stochastic
Stochastic Indicator components
(Moving line %K fast stoch , moving 3 days (green line
(Moving line % D slow stoch , moving 5 days (red dotted line
(These line move at range between (0 to 100
There Are 3 Main Ways To Trade Using Stochastic Indicator
Trading by watching levels 20 and 80
Trading by the crosses of fast %k line with slow %D line
Trading by drawing support line and resistance line on stochastic indicator
Firstly : Trading by watching the levels 20 and 80
If the price reached to 80 area and came from top to bottom ,at this case we prepare for selling , The meaning if the currency reached to increased buying level or buying saturation that means there are possible selling signal when stochastic indicator in or above of 80 level , but sure that is not mean you sell in every time if the price hit 80 level , it's possible be fake
If the price reached to 20 area and came from bottom to top,at this case we prepare for buying , The meaning if the currency reached to increased selling level or selling saturation that means there are possible buying signal when stochastic indicator in or under 20 level , but sure that is not mean you buy in every time if the price hit 20 level , it's possible be fake
Secondly : Trading by the crosses of fast %k line with slow %D line
Buying Signal : Firstly we see the cross of the green line %k with the red Moving line %D from bottom to top , it's preferrable to buy if the cross between 0 to 30 area and the %k coming from bottom to top
Selling Signal : Firstly we see the cross of the green line %k with the red Moving line %D from top to bottom, it's preferrable to sell if the cross between 100 to 70 area and the %k coming from top to bottom
Thirdly : Trading by drawing support line and resistance line on stochastic indicator
Selling Signal : we draw support line on stochastic indicator at top where 80 area if it broke the support to bottom we sell
buying Signal : we draw resistance line on stochastic indicator at bottom where 20 area if it broke the support to bottom we buy
High Quality Forex Signal For EUR/USD
(High Quality Forex Signal For EUR/USD (17 November 2016
Sell : EUR/USD @ 1.0652 / Take Profit : 1.0615 / Stop Loss : 1.0755
Forex : Technical Indicators : MACD Indicator
I Talked in previous article about Ichimoku Kinko Hyo indicator you can read it through this link
Today I will explain MACD Indicator and how to use it in Forex trading
MACD Indicator
.MACD Indicator is a developing for moving indicator
MACD means simply the convergence and divergence between two lines of movingMACD acronym for Moving Average Convergence Divergence and used in predicting
the new trend and what is the expect of trend whether rise or fall
The Frame Time that it uses is : 12,26,9 MACD
This indicator is provided on Metatrader program , you can add it by clicking on insert then oscillators then MACD
The Components of MACD
.MACD 9.26.12 (blue line) is considered moving for 9 days and it moves rapidly
The Line of Signal (red line) is considered moving 12 days merged with moving 26 days and it moves slowly
Balance Line : it is dotted line where the MACD lines cross at one level
The Histogram bars appear on the zero line , above of it the bars will become green under zero line the bars will become red
If MACD lower than zero line that means the trend is bearish , if the MACD higher than zero line the trend will be bullish
MACD Cases in The Market
If the red moving broke blue macd the balance happen and the market stops temporarily
If the rapid blue line broke the slow red line from top to bottom here will be selling signal
If the rapid blue line broke the slow red line from top to bottom here will be selling signal
Histogram Bars
The Bars determine the relation between rapid MACD line and the slow moving
If the two lines (divergence) The histogram bars will grow in size
If the two lines (convergence) The histogram bars will reduce in size
If the histogram bars above of balance line that means that the blue line above of red line
If the histogram bars under balance line that means that the red line above of blue line
There're Main Three Ways to Trade Using MACD Indicator
Trading by appearing the first bar above or under zero line
Trading by divergence or convergence
Trading by crossing the lines then blue MACD breaks zero line
Firstly : Trading by appearing the first bar above or under zero line
Buying signal : If the firs bar (green) above of zero line , it will be buying sign
Selling signal : If the firs bar (red) under zero line , it will be selling sign
Secondly : Trading by divergence or convergence
Convergence : means two separated things tend to specific point
Divergence : means two separated things move away from specific point
It will be buying sign when the convergence happen
It will be selling sign when the divergence happen
Thirdly : Trading by crossing the lines then blue MACD breaks zero line
Buying sign : when we see the blue MACD breaks the red Moving from the bottom to top then it breaks The zero line to top also
Selling sign : when we see the blue MACD breaks the red Moving from the top to bottom then it breaks The zero line to bottom also
Forex : Technical Indicators : Ichimoku Kinko Hyo Indicator
I Talked in previous article about Bollinger Bands Indicator you can read it through this link
Today I will explain Ichimoku Kinko Hyo indicator and how to use it in Forex trading
Ichimoku Kinko Hyo Indicator
The Most of Beginner Traders at Forex and once they look at to form this Japanese indicator on chart ,they think that the indicator is difficult to learn , but with Money Wolves nothing difficult ,and we will learn this indicator and will trade with it as a professionals
: The Short Name for The Japanese Indicator is (IKH) and It Means
Ichimoku = Quick Look
Kinko = Balanced
Hyo = Chart
In English (Ichimoku Kinko Hyo) = Balanced Quick Look on the Chart
Note : It's preferable use this indicator with frame time 1H , It works well with this frame time
This Indicator from the important indicators in technical analysis , and most of traders depend on it as a great technical tool without using another any technical indicator and that because that the indicator provides multiple information like
Determining the prices trend
Determining the power of trend
Determining the resistance and support levels
Determining the areas of buying signals and selling signals
You can add the Japanese indicator IKH on the chart at Metatrader by clicking on insert then oscillators then Ichimoku Kinko Hyo Indicator
The Components of Japanese Indicator IKH
We want to draw your attention that the Japanese indicator consists of 5 lines , we will explain these lines one after another to be the explanation easy to understand the mission and function of each line of the Japanese indicator and it benefit in the technical analysis
: Firstly : The Lines of Cloud Area
?How to determine the prices trend
The Upper cloud line (UP Kumo) The Orange Line -
The Lower cloud Line (Down Kumo) The Purple Line -
Please Notice that the area between the two lines called (cloud) , if the location of upper cloud line higher than the lower cloud line ,and the colour of the cloud is orange That means there is a possibility of a rise in prices temporarily , if the lower cloud line moves above of the upper cloud line that's mean that the cloud will colored purple line That means there is a possibility of a fall in prices temporarily
: We can determining the trend by watching the locations of candlesticks of cloud location
If The candles located lower than cloud area that means that the trend will be bearish -
If The candles located higher than cloud area that means that the trend will be bullish -
?How to determine the levels of support and resistance
We can determine what if the lines of the cloud support or resistance depending on the movement of Japanese candlesticks and the location of cloud
If The candles tend from bottom to top and at facing the upper line of cloud so the upper line of cloud works as resistance line
If If The candles tend from top to bottom and at facing the upper line of cloud so the upper line of cloud works as support line
If The prices of candles traded above of cloud area ,the orange line considered first support line and the purple line considered second support line
If The prices of candles traded under cloud area ,the purple line considered first resistance line and the orange line considered second resistance line
Secondly : Japanese Moving Lines
Here very important note ...we will edit the settings of indicator as below as you see in the picture
Senkou Span : Very slow moving - the period : 48 candles
Tenkan Sen : Very fast moving - the period : 7 candles
Kijun Sen : Slow moving - the period : 24 candles
The Green Line : Chikou Span
Chikou Span used in determining the trend of prices , and once the green line above of cloud area that's mean that the prices move in bullish . if the green line was moving under cloud area that's mean that the prices move in bearish
?How to trade using Ichimoku Kinko Hyo Indicator
: Strategy using Ichimoku Kinko Hyo Indicator
We will depend in this strategy on using the red line Tenkan and the blue line Kijun Sen according to previous settings
Selling Signal
If the red line tends to bottom and crosses the blue line
If the cross is above of cloud area = strong selling signal = The selling from the top
First condition : The candles located above of the orange cloud
Second condition : the orange line must be in the situation of support line
The Take profit : The orange line or support line
Buying Signal
If the red line tends to top and crosses the blue line
If the cross is under cloud area = strong buying signal = The buying from the bottom
First condition : The candles located under the purple cloud
Second condition : the purple line must be in the situation of resistance line
The Take profit : The purple line or resistance line
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.If you did something you should be doing impressive perfectly or not do it from beginning
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Your success in the business world depends on your ability to serve others and not as much your knowledge or your important relations
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The Successful person is looking for a difficult business that the others dislike and doing these business professionally
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Happiness comes before success not after it as some imagine, which means you need to be happy with what works in order to achieve success
Forex : Technical Indicators : Bollinger Bands
I Talked in previous article about Moving Average Indicators you can read it through this link
.Today I will explain to you Bollinger Bands and how to use it in Forex trading
Bollinger Bands Indicator
Function : Confirm the trend and measuring the degree of market instability
Simply this indicator use in to say to us : Is the market quiet or there are swings in prices movements
: (Band Function (The Difference Between The Two Lines of Bollinger
Bollinger Indicator has band top line , bottom line and middle line -
It provides us a signal : Is the currency pair traded at the higher prices or lower prices -
It provides us : Is the currency pair will continue in his trend or maybe will reverse -
It provides us the degree of market instability depending on the difference between the bands -
This indicator is provided on Metatrader program , you can add it by clicking on insert then click on trend then click on bollinger bands
?When The Market Is Quiet
Simply the market will be quiet when the difference between the two lines of bollinger bands are so closer form each other and the bollinger will be tight
At the quiet market that Bollinger Bands move like resistance and support levels
The Quiet Market we called confined market between limited range of prices
We buy at support line (the bottom bollinger line) and we sell at the resistance line (the top bollinger line) and the take profits are small at the rang of 10 to 30 points for the one deal
?When The Market Is Unsteady
The Market will be unsteady when the difference between the two lines of bollinger bands are apart away each other and the bollinger will be wide
.At the unsteady market the Bollinger Bands lines open widely
?How To Use Bollinger Bands in Your Trade
There are many ways to use Bollinger to open new deals
: Saw Way
This way is available only during quiet market
At This way we must focus on Bollinger middle line and the place of current price from that line that mean we must know when the price will reverse to the middle between the two lines of Bollinger
We buy at the bottom bollinger line and take the profit at returning to the middle
We sell at the top bollinger line and take the profit at returning to the middle
: The Candle And The Bollinger Way
Buying Signal
.We buy if the trend is rise
.Green Candle appeared higher than middle bollinger line
Then Green Candle appeared higher than top bollinger line and the entry will be with the price of the second green candle opening
Selling Signal
We sell if the trend is fall
Red Candle appeared lower than middle bollinger line
Then Red Candle appeared lower than bottom bollinger line and the entry will be with the price of the second red candle opening
: Bollinger Juice Way
The Entry way with bollinger juice way appears when that form consists on the chart as below
If you saw this form on your chart ,that mean breakout will happen
Buying : If the candle consists above of top bollinger line ,that mean the price maybe continue at rising and we should buy with the new green candle directly
Selling : If the candle consists under of bottom bollinger line ,that mean the price maybe continue at falling and we should sell with the new red candle directly
The Expectations of Currencies Pairs Movements At The Day of American Election Results
In Case of Hillary Clinton win at American election , The movements of currencies pairs as follows
.The Dollar will rise about %2 in the markets at the same day of result announcement
: The pairs trends will be as below
EUR/USD : will tend to bearish and It will reach to 1.0850
GBP/USD : will tend to bearish and It will reach to 1.2150
USD/JPY : will tend to bullish and It will rise to 106.50 or 107 almost
AUD/USD : will tend to bearish and It will fall to 0.7550
XAU/USD(Gold) : will tend to bearish and It will fall to 1255
Donald Trump VS Hillary Clinton
In Case of Donald Trump win at American election, The movements of currencies pairs as follows
.The Dollar will fall about %4 in the markets at the same day of result announcement
: The pairs trends will be as below
EUR/USD : will tend to bullish and It will reach to 1.1400 or 1.1500
GBP/USD : will tend to bullish and It will reach to 1.2800
USD/JPY : will tend to bearish and It will fall to 100 or 99.00
AUD/USD : will tend to bullish and It will rise to 0.8100
XAU/USD(Gold) : will tend to bullish and It will rise to 1350
.Note : It's preferable not to trade today (Tuesday) and Wednesday morning
Forex : Technical Indicators : Moving Average
I Talked in previous article about The Kinds of Technical Indicators you can read it through this link
Today I will show you Moving Average and how to use it in Forex trading
Moving Average Indicator
.The Function : Determining the general trend of the market during specific period
Whenever the (MA) indicator expresses for a long time whenever it was slower , and when it was expresses for a short time whenever it was faster
This indicator is provided on Metatrader program , we can add it by clicking on indicators then trend then Moving Average
Moving Average is the simplest way to determine the movement of price easily a period of time
If The Price traded above of Moving line that mean it's in bullish -
If The Prices was traded under of Moving line that mean it's in bearish -
: Moving Average indicator calculated as follows
By the collection of closing prices for the currency pair through a group of days then dividing this collection on the number of these days
.Example : (1.2345 + 1.2350 + 1.2360 + 1.2365 + 1.2370) ÷ 5 = 1.2358 The price of Moving Average
The Moving Average like any indicator , used in expecting currency movement and through looking to the Moving in ramp shape , you can get outlook for the price and to determine to where it will go
The Kinds of Moving Average
: There're many kinds of moving averages but we will focus two kinds only
SMA - Simple Moving Average -
EMA - Exponential Moving Average -
The Question now : which one the best in technical analysis ? Simple or Exponential
I would like to remember you that the most of chart programs which you using in technical analysis will calculating the moving automaticly for you , but the important to know how to calculate it as I explained previously , If you know how to calculate Moving Average you will can take a decision which one best for you
Firstly : SMA - Simple Moving Average
Used in determining the general trend for the currency -
Few fake signals -
The Movement is slow and It gives information slowly -
It's Late to give entry signal in the deal -
It's miss many opportunities -
Secondly : EMA - Exponential Moving Average
Used in determining entry points in the deal -
It's fast in its movement and it's give information rapidly -
Sometimes It gives fake information about the truth because it moves rapidly -
? How We Use Moving Averages Indicators in Our Trade
: The Breakout Way
If The candles of prices break the moving line from the bottom and headed to high ,we open buying deal when a green candle appear
If The candles of prices break the moving line from the high and headed to bottom ,we open selling deal when a red candle appear
: The Intersections of Moving Averages with each other
The entry with intersections of the moving averages with each other is the favorit way for many traders and I prefer it too and I advice you to use it , it includes using more moving lines on the chart at the same time and in case if the moving averages intersect with each other ,here this selling signal or buying signal
If Exponential Moving Average breaks the Simple Moving Average from bottom headed to high : we open buying deal
If Simple Moving Average breaks the Exponential Moving Average from high headed to bottom : we open selling deal
Moving Averages and Time Frames
Time Frames are very important in determining the important of Moving and I advice to make a tests on the different time frames for the same currency pair each time and choosing what suits to your trade
: Notes
You must care about determining the best time frame whether for the chart or for the moving itself -
Best time frames with Moving is 1H frame and 4H frame -
Whenever the time frame is longer whenever we reduced the wrong signals -
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