Monday, April 11, 2011

It's Best to Follow The Trend!

Life (and the Forex Market) works the same way a firearm works. Here's an example.

You own a gun and want to go targeting practice, so you go to a gun range. At the gun range, you load your magazine with 5 bullets, put the magazine into the gun, aim and fire.

When you fire your gun, the gun has to eject the shell casing to reload another bullet into the chamber so you can fire your next bullet. This example applies to most stuff in life.

You get up in the morning, do your daily stuff, but at night you have to eject the shell casing (go to sleep) to let new energy fill the chamber so in the morning you'll have the energy to do your daily stuff again.

You go to the bathroom to eject the shell casing so you can eat again (fire the gun again).

You pay the taxi driver (eject the shell casing) to make the taxi driver able to take you someplace else again.

The list goes on and on, but how does this ejecting the shell casing connect to trading? Easy. The market can only go up so much before it has to reload another bullet. To reload another bullet, the gun has to eject the previous bullets shell casing, and when that happens in the market, the price falls a bit before the next bullet makes the market go bursting up.

After all 5 bullets are fired, the gun can't fire no more. In trading, the market can't go up no more, so it reverses direction. Once we change the magazine, the market starts going up again.

We can never figure out how many bullets are in the magazine of the market and when they run out because we didn't load the bullets in, the market makers did, but we can figure out when the bullet is fired (the market bursts up), and when the market ejects the shell casing (the market falls a bit). When the market falls a bit, we know that its ejecting the casing and the next bullet is about to be fired. When we think the shell casing is successfully ejected, we order a buy position so we catch the next bullet ride up.

Play around with the indicators in your trading platform and try to make a strategy that will tell you when the bullet casing is successfully ejected.

Here's an image example. It may look complicating, but you'll figure it out.

Friday, August 13, 2010

New! - Money-Generator Strategy!

Hi Traders,
Here's another strategy... Enjoy.
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Indicators/Settings:
-KAMA: 2, (Kaufman Adaptive Moving Average).
-MVA: 7, (Simple Moving Average).

When KAMA(green line) crosses MVA(red line) upward, you should BUY. The same for SELL trade.

NOTE: MVA gets its DATA SOURCE from KAMA.



Click Here to download KAMA for MT4.
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Hope you enjoy!
Happy Trading!
-Mennzz

Thursday, August 12, 2010

New! - SuperSar Strategy!

Indicators/Settings:
-SUPERTREND(8, 1.5)
-SAR(0.2.0.2)

WHEN TO ENTER A TRADE:

Enter: a BUY trade when SUPERTREND is in a bullish trend(line is green), and SAR gives a BUY signal. (Don't enter a SELL trade if SUPERTREND is bullish and SAR gives a SELL signal.

Enter: a SELL trade when SUPERTREND is in a bearish trend(line is red), and SAR gives a SELL signal. (Don't enter a BUY trade if SUPERTREND is bearish and SAR gives a BUY signal.

Get out of a BUY trade when SAR give a SELL signal, and the opposite for a SELL trade.



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Click Here to download the SUPERTREND Indicator for MT4.
Click Here to download the SUPERTREND Indicator for FXCM Trading Station II.
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Good luck trading!
-Mennzz

Thursday, July 29, 2010

Divergence could be the 'Holy Grail' of Trading


Most trader's don't even know it, but Divergence, is like the 'Holy Grail' to trading... You just gotta learn it correctly.

There are 2 types of divergence. There is 'Regular Divergence' and 'Hidden Divergence'. To learn how to trade divergence, you should go through all the
lesson at this site: Learn - Divergence Trading .

Indicators, and Oscillators, are not always helpful, but some of them help to show you divergence, such as 'MACD, CCI, KRI, RSI, and more...

Hope you are successful in your trading!
Good Luck! :)

Friday, July 23, 2010

'The Power of "Trend-Lines"'

Breakouts and TrendLine support and resistance are all over the Forex market charts. Knowing what a trend is, and how to draw a trend can be quite complicated a first.

I'm going to point blank show you an image of trend lines.



The market always usually bounces off trendlines, or in a case were it punctures the line, it will continue going down. or going up, if it punctures a resistance trendline.

To learn how trendlines work...
Visit: Trend-Line School
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Search more information about 'Trend-Lines' on Google.
It's easy to say that, Trend-Lines rule the market. :)


-Mennzz :)

Thursday, July 8, 2010

New! - Powerful Simple Trading Strategy II

Scroll down to see "Powerful Simple Trading Strategy". This is "Powerful Simple Trading Strategy II".
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Hi, Traders!

Here is another trading strategy for FXCM Trading Station II. If someone can convert JECOG indicator into an MT4 platform indicator, you can use this strategy on MT4. (If someone converts JECOG indicator or has found one that works with MT4, Please post a comment below).

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Currency Pair: Any
Hour/Time of day: Any
TimeFrame: Any

Indicators:
SSL/Gann Hi-Lo: 2, Close
SAR: 0.2, 0.2,
CCI: 14, Close
JECOG: 10, 3, Close

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How to use:

Enter a buy trade when the candlestick crosses SSL, and SAR is showing a buy signal, and CCI is crossing -100, and JECOG CG line crosses SIG line. All the indicators have to all give these signals all at the same time. Do the opposite for sell signal.

Exit the trade when any of the indicators give the opposite signal you've gotten when you entered the trade.


Colors: RED: Sell - GREEN: Buy - ORANGE: Get out of the trade - YELLOW: False Signal



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Here you can download SSL(Gann Hi/Lo), and JECOG, for FXCM Trading Station II.

Download SSL (Gann Hi/Lo in MT4).

Download JECOG for FXCM Trading Station II.

Download Gann Hi/Lo Activator (SSL), for MT4.

Download JECOG(Center of Gravity by J.F. Ehler's) for MetaTrader 4.

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Hope you enjoy this strategy, and all the others! ;)
-Mennzz

Friday, July 2, 2010

Powerful Simple Trading Strategy

Hi, Traders!

Here is a simple strategy for FXCM Trading Station II. (This strategy can be used on MetaTrader, by using Gann Hi/Lo Activator. SSL indicator and Gann Hi/Lo Activator are both the same thing...)
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Currency Pair: Any
Hour/Time of day: Any
TimeFrame: Any

Indicators:
SSL/Gann Hi-Lo: 2
CCI: 14
MACD: 5,9,2
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Note: SSL is the same thing as the Gann Hi/Lo Activator Indicator.


How to use:
The candle bars has to close over the SSL, and the CCI has to cross -100 for buy or 100 for sell, and MACD has to cross in the direction you want the currency to move.

For the exit signal, the first indicator to change to a sell signal from a buy signal is the exit signal.

Simple as that!

NOTE: Don't enter a trade if all the indicators don't line together, (In other words, don't get into a trade without all the indicators giving the exact same signal at he exact same time as shown in the second image below).



You can play around with this strategy. You have to wait until the candle bar closes over the SSL.

This strategy alone, or combined with another strategy will produce profitable results....

WARNING/DISCLAIMER: This strategy was not back-tested. I hold no responsibility for any loss.


Download "Simple Trading Strategy" for FXCM Trading Station II.

Download "SSL Indicator" other know in MT4 as Gann Hi/Lo Activator.

Download Gann Hi/Lo Activator (SSL) for MetaTrader 4 platform.


Enjoy! ;)
-Mennzz


---Every day I try to create a better strategy. It takes time, and its hard. Maybe I'll post another strategy up soon, if I figure out one. But, for now, play around with this strategy---