Forex Trade System - SEFC System v.2

{ Posted on 7/30/2009 07:33:00 PM by De_Trainer }
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I'm member of some forex society out there where trust and generosity become personality. Where system develop everyday and test until go live account.
And here's the one that good for used as system trading. Easy to notice when to buy and to sell. The creator was the one who develop IG2 commercial. Thanks to your effort bro SEFC. I'll wait for your next version...

Some report that from 20 trade it gave 19 big win and 1 small loss, but it need a little tweak original SEFC08 parameter from 12 to 24. Just try it...



Download here : DOWNLOAD WHILE HOT


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Forex Daily, July 30 - 2009

{ Posted on 7/30/2009 06:37:00 PM by De_Trainer }
In currencies, the EUR/USD finally had a nice pullback down near 1.4000 today which was the area in which I wanted to get long for the next swing to new highs. It's not a sure bet by any means, but with EUR/USD around 1.4050 right now, I think risking 70 pips or so for 200-500 pips off a potential renewd rally rally leg is worth it. If we trade down through 1.3990 decisively, the odds on the long diminish measurably, so I'm keeping my stop a bit below that.

Those of you who are either in the Diamonds room or follow my signals here know that I am both short on Gold and Silver on a long term position trade, and I've been looking to add to my Silver short here during this recent rally leg. My advice to those that are not short Silver has been to consider getting short either at 13.40, 14.00 or 14.30 and use the recent strength to build a position. In the last couple of days, we have seen a very clear impuslive decline that makes it very likely the bounce leg has either ended or is ending soon without significantly further retracement higher. So, again, I emphasize that shorting Silver particularly is a good opportunity at any price in this region, especially around those aforementioned levels. Ultimately, we're looking for a decline to or below $8. Because Silver will very likely see a steeper and cleaner decline than Gold, I do not recommend shorting gold unless you're already in it, and I think you should consider rolling over a gold short into a silver short or even considering a XAU/XAG long hedge type trade.

In stocks, it still looks more likely that we will have one last jump up to new highs on the market before we get that impending 1-3 week pullback decline, but this ending rally either has to start soon (next day or two), or it may just fail to materialize. This consolidation phase is starting to really mature and one way or the other we're going to get moving soon. I used the outlook from the last couple of days to buy the S&P as it was bouncing around on support today around 966 on the futures (970 live) since it seems like a good short to medium term hold with good reward (20-40 pts) vs risk (5-10 pts). If we do get that rally to new highs, it should top off somewhere in the 985-1005 range (I don't see it pushing too far past 1000), so that's where I'd be looking to cash out on any longs. I think a decisive break towards 960 and below means the 1-3 week pullback has started without the rally we're looking for and we should shift from buying on dips to selling on rallies.

In the news on Wednesday, the RBNZ kept interest rates unchanged, but a clearly very dovish comment sent the NZD/USD down quickly and has kept it under pressure at support. In news Thursday we have only one item:

0200 UK Nationwide House Prices m/m (0.2% expected) - You guys might not get this signal notification in time, and for that I apologize, day this report gets released is always uncertain until the last minute. I think a 0.8 trigger should work well on GY.
If it comes out at 1.0% or higher, GBP/JPY should gain 50 pips.
If it comes out at -0.6% or lower, GBP/JPY should fall 50 pips.

Thx to sir pipsalot, fxpeacearmy.


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Forex Ebook - Best Trader's Classroom ($59.00 Value)

{ Posted on 7/27/2009 04:50:00 PM by De_Trainer }
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Free copy of 45-pages ebook from International senior analyst and trading instructor Jeffrey Kennedy. Whats so important about this? It have 14 critical lesson that every trader must know. Let's just say you enough lucky to download this ebook, because everyone must pay for this lesson before. So its free today until August 10. Free to read and education, not for sell again, maybe just for bonus. Good reason for download this ebook...

You'll learn:

* The 3 Phrases of Trader Education: Psychology, Money Management, Method
* Why Emotional Discipline is Key to Success
* When to Place a Trade
* How the Wave Principle Can Improve Your Trading
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* What It Takes To Be a Consistently Successful Trader
* How to Use Bar Patterns To Spot Trade Setups >> i already share it!
* How To Calculate Fibonacci Projections
* The Best Place for High-Opportunity Trade Setups
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Download it while HOT : DOWNLOAD

Hope its usefull...


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Forex Daily - July 24, 2009

{ Posted on 7/24/2009 02:12:00 PM by De_Trainer }
I've have been so much fun with NinjaTrader now, i play with all indicator, custom, templates, third-party program, all looks good. Neatly in times i not forgot to update my blog.

The break higher from 956 to new highs got a lot of follow-through, and pretty much anything can happen from here on stocks. Repeated and consistently better than expected earnings results has extended and pushed this recent rally much further than pretty much anyone expected. Right now over 74% of S&P 500 companies that have reported have beat earnings expectations which is the highest amount on record in the last 16 years. Finally though, we had several key companies report disappointing earnings after the close today (Microsoft, Amazon, & American Express most notably) causing today's huge rally to lose about half of it's gains post-market. I continue to think this stock rally is overextended and the volume just hasn't been there enough on the way up to legitimize it rising continuously without retracement; however, one has to respect this recent strength and resistance break, so anything can really happen from here. It's possible this group of bad earnings will help the markets finally start a reversal, and it's also quite possible the market will shrug it off and gun higher over the next day or two. I hate to be ambiguous and feed you guys the "it could go up, or it could go down" piece of garbage, but aside from a slight bias/hope for some selling to come in, that's where we stand. We'll see if things clear up in the coming days.

The fact that EU and GU were only able to peek to slight new highs and reverse lower (most notably on the EUR/USD) lends some legitimacy to the case for a possible reversal. On EU and GU, the plan is still to look for a position long on a further dip as discussed in prior signals, but any shorter term play I'm not terribly sure on and will be following the charts as they develop. In news Thursday, we saw UK Retail Sales surprise to the upside better than expected, but since a decent rally had already worked higher into resistance for the session, the gains were limited to about 30 pips and subsequent consolidation. US Existing Home sales came out slightly better than expected, but not enough to really move currencies or to hit our buy trigger. In Friday's news:


0400 German IFO Business Climate (86.5 expected) - I don't like this trade with a smaller deviation as it will be more of a coin flip as to whether the market will care much. I'm only willing to trade a deviation of 1 or greater.
If it comes out at 87.5 or higher, EUR/USD should rally 35 pips.
If it comes out at 85.5 or lower, EUR/USD should sell off 35 pips.

0430 UK GDP 2Q Advance (-0.3% expected) - I'd say our typical 0.2 trigger should work here. Watch out for rumor based trading or leaks or whatnot heading into the news. Chances are any of that will be rubbish, but it can create some strong price moves.
If it comes out at -0.5% or lower, GBP/USD should sell off 40-50 pips.
If it comes out at -0.1% or higher, GBP/USD should rally 40-50 pips.

thx sir pipsalot...

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Forex Daily - July 22, 2009

{ Posted on 7/22/2009 03:43:00 PM by De_Trainer }
Yesterday's prenews plan for the CAD trade didn't work out terribly well. Sorry about that. Sometimes I forget how strange and manipulated the CAD is and I guess I got a bit suckered into a fundamental trade there when the CAD just simply does not follow the fundamentals in shorter to medium term movements very well. However, the overall forecast is still quite valid looking for this upwards thrust to run out of steam and head more materially lower soon. The big thing delaying the decline and keeping things afloat has been stubborn stock strength fueled by several consecutive days of better than expected earnings from key companies. Apple was the lastest company after the close to put out rosy numbers. Even though market sentiment is running out of steam and likely to turn negative towards risk aversion across the board here for a couple of weeks, earnings is one of the biggest factors that drives the stock market. As long as earnings keep coming out much better than expected, we could see continued delays or stubborn support fueled by bouts of risk appetite.

In stocks specifically, we're poised just points below the S&P 500 highs of 956.23. Most analysts see a significant breach of that level giving way to follow-through rally action up to the 1000 area, and while I tend to agree from a technical standpoint... as with the head and shoulders pattern a couple of weeks back, the more obvious the technical signal is to the mainstream analysts, the more likely it is to fail. So it is quite possible we spike out to new 2009 highs on a stop run, then finally ease lower closer to 900.

The good sign is that it seems a few currencies have already turned the corner away from risk appetite towards risk aversion as we've seen on GBP/USD which is already about 200 pips off it's Monday highs and falling further as I type. The EUR/USD, EUR/JPY and other pairs seem to be topping out as well from those Monday/Tuesday highs and have either rounded a corner lower or are stuck in consolidative patterns. Oftentimes, currencies will make the turn towards risk aversion ahead of the stock market, so I see this as an encouraging sign of a medium term shift towards a downtrend across the board... but we're not out of the woods yet. Remember also the big picture here. We're not looking for a major top. We're looking for a retracement of the rallies from the July lows to bottom out and give us a good long opportunity. Obviously though, short to medium term we're biased short.

In news Tuesday, the CAD Statement did mention the Canadian Dollar, but the language on it was much less assertive than the last meeting, so the market saw that as a softening of their stance on the currency, and there was a whipsaw around. Bernanke's testimony failed to say anything substantial about quantitative easing, so there was no explosive potential there... just some gradual USD strength in line with our outlook. And AU CPI was a stinker as expected providing little decent price action. For Wednesday:

0430 UK BoE Minutes - This is likely to be a difficult one to trade as they are unlikely to say anything substantial about their Asset Purchase Facility which is what the currency markets really want to hear about. If there are strong hints they will be expanding it past 125 billion pounds, that will be very GBP/USD bearish, and if they make it obvious they're going to keep their purchases limited to that level, that will be GBP/USD bullish.

0830 CAD Headline Retail Sales m/m (0.5% expected) - CAD news has definitely been tough lately, but a surprisingly low retail sales number last month led to a nice, steady gain on USD/CAD even though the immediate reaction was only 15-20 pips.
If it comes out at 1.1% or higher, USD/CAD should fall 30 pips.
If it comes out at -0.1% or lower, USD/CAD should rise 30 pips.

To your success, sir pipsalot, fxpeacearmy.

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Forex Daily - July 22, 2009

{ Posted on 7/22/2009 03:42:00 PM by De_Trainer }
EUR/USD
It is complicated. We predict that it is more likely to go up to around 1.4250 or even 1.43. But if it is still break under 1.4160 then it can become bearish. You can also use a breakout strategy.
(Current Price: 1.4191)

GBP/USD
It is more likely to go up to around 1.65, but before it goes up, please beware, because it might potentially to re-test or go down once again to around 1.6350.
(Current Price: 1.6406)

AUD/USD
It is more likely to go up to around 0.8250, and after that, it might have potentially to go down to around 0.8150.
(Current Price: 0.8160)

USD/JPY
It is more likely to move zig-zag today, and probably it will go down first to around 93.20, and then will go up to around 94.30.
(Current Price: 93.57)

USD/CHF
It is more likely to go up to around 1.07, after it goes down to around 1.0620.
(Current Price: 1.0684)

Beware from today news: (time is using GMT+7 / Indonesia – Jakarta Time)
(see your time conversion at www.timeanddate.com)

13:45 EUR
15:30 GBP
16:00 EUR
17:00 GBP
21:00 USD

Forex signals and technical analysis can be affected by the news report (fundamental)



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Forex Daily - July 21,2009

{ Posted on 7/21/2009 10:49:00 AM by De_Trainer }
EUR/USD
It is more likely to go up to around 1.4250 or even 1.43, and after that, it is potentially to go down to around 1.4150. You can also entry Sell after it goes up at around 1.43.
(Current Price: 1.4210)

GBP/USD
It is more likely to go up to around 1.66 or higher. But before it goes up, We predict that it might have potentially to go down first at around 1.6450. You can wait to entry Buy. We prefer to Buy.
(Current Price: 1.6510)

AUD/USD
It is more likely to go up to around 0.82, and after that, it is potentially to go down to around 0.81.
(Current Price: 0.8117)

USD/JPY
It is more likely to go up to around 94.50, but before it goes up, this currency might have potentially to test first at around 93.
(Current Price: 93.82)

USD/CHF
It is more likely to go down to around 1.0630, and after that, it is potentially to go up to around 1.0750.
(Current Price: 1.0691)



Don’t be too late, and always check the posting time.

Beware from today news: (time is using GMT+7 / Indonesia – Jakarta Time)
(see your time conversion at www.timeanddate.com)

13:15 CHF
15:30 GBP
21:00 USD (This is important news. The Fed Chairman Bernanke Testifies!)

Forex signals and technical analysis can be affected by the news report (fundamental)




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Forex Daily - July 20,2009

{ Posted on 7/20/2009 01:35:00 PM by De_Trainer }
It seems the stock market may be peaking out a bit short term, and will undergo a decent selloff soon, but will not break last week's lows. We might have one final spurt a bit higher Monday, but this big rally from last week should correct out a bit soon coming down somewhere into the 900-920 range as the week progresses. I actually bailed my shorts Thursday last week at the not so great price of 935 on the S&P (closed Friday at 940), but at that time the risk of a greater rally extention before this coming pullback was a bit too much for me to stomach. In any case, I welcome this pullback if/when it comes as it will set us up for a good place to go long in a number of markets.

Getting long on stocks for a final wave run-up of 10-15% as this pullback bottoms out sounds pretty good, but it should also provide opportunities for swing/position trade longs on EUR/USD and GBP/USD for the next stage of advance. Last week I said 1.6200-1.6300 was a good spot to position long on GBP/USD and Friday it bottomed out at 1.6265. The 1.4000 target on EUR/USD never quite made it. If stocks do start a decent decline Monday or Tuesday, USD strength should come along with it. Once the EU, GU, and stocks all pull back and seem to be at or near support, that's when I'll recommend a long on all 3. I'm still thinking 1.4000 and 1.6200 ballpark for now. While it's possible we could see stocks and EU/GU move in different directions, I think it's a low probability given their good correllation over the past year.

Gold and silver should wiggle down a bit, but then up to higher highs much like stocks and the Euro will, but I prefer to hold those short through the volatility and add more short on a Silver rally above $14.

In news Friday, CAD CPI came out as expected, so no trade there, and US Housing Starts barely missed our buy EUR/JPY trigger, but managed a nice medium term move to an uptrend even though the short term action was pretty muted. There is no major economic news scheduled for Monday 7-20, but there is a 2130 release of Australia's RBA Meeting Minutes which we'll dig through in the Diamonds room just in case there are any surprises that might give a decent trade on the AUD/USD. Unfortunately, it's just not anything I can provide you guys with a valuable preview for. I'll definitely have more details for you on Tuesday's news though as that is easier to break down. Until then guys, take care.

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Forex Daily - July 20, 2009

{ Posted on 7/20/2009 11:18:00 AM by De_Trainer }
EUR/USD
It is more likely to go down to around 1.4050, before it goes up to around 1.4250.
(Current Price: 1.4103)

GBP/USD
It is more likely to go down to around 1.63, before it goes up to around 1.64
(Current Price: 1.6336)

AUD/USD
It is more likely to go down to around 0.7950, before it goes up to around 0.8050.
(Current Price: 0.8017)

USD/JPY
No Comments

USD/CHF
It is more likely to go up to around 1.08, before it goes down to around 1.0720.
(Current Price: 1.0765)


Beware from today news: (time is using GMT+7 / Indonesia – Jakarta Time)
(see your time conversion at www.timeanddate.com)

06:01 GBP
08:30 AUD
13:00 EUR

Forex signals and technical analysis can be affected by the news report (fundamental)

Thx gainscope

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Signal Digital

{ Posted on 7/19/2009 03:42:00 PM by De_Trainer }
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Multi-timeframe LED, part of FX Indicator, which analyzes timeframe from 5 minutes to Daily using the standard indicators - Stochastics, RSI and CCI. The result is displayed on the screen in a table consisting of a set of signals on the BUY/SELL on a particular timeframe and indicators. This is a very simple indicator that can be used both in the short and medium-term trade.

For download indicator : CLICK HERE

Enjoy...


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Forex Daily - July 16, 2009

{ Posted on 7/16/2009 06:35:00 PM by De_Trainer }
Well, we got much more of a rally in stocks today than I expected, and I think it's enough to force us out of our "sell on rallies" type of bias. Chances are we will see a dip on Thursday into the 900-920 range on the S&P, and I'm likely going to bail on my shorts there and potentially look for a long. The extent, breadth and technical structure of this week's rally is very consistent with an initial leg of a multiple leg push higher to new highs. We saw this coming over the medium term, but it seemed we had further to dip and sell off before this next rally leg. Since the big 875-878 support never really faltered, it seems the decline from 955 has found its bottom and this next advance will take us to 1000-1100 on the S&P 500. The situation is still a bit up in the air and uncertain, but things usually are at the beginning of a move, so I'll let you know how the odds develop. Essentially though, the odds have whipsawed around from further downside to further upside very quickly and a lot of things I look at in the markets are clearing up and pointing towards the upside. We still have that over-hyped head and shoulders pattern now with a 2nd double shoulder, but the neckline has to break for that pattern to confirm, and unless that happens, it's ended up being a big sucker play.

The good thing about this clear whipsaw towards risk appetite, is that it clears things up on the currency front, and I think the odds are now strongly in favor of a EUR/USD and GBP/USD long to watch both pairs rally to and likely through their June highs in the 1.4300's and 1.6700's respectively. While we may get a short term risk aversion dip on the fresh bad news that CIT will not be getting a bailout, I think buying on a dip is a good move for both pairs. I would say further selling towards 1.4000 and 1.6300 would be good opportunities to start a long position or swing trade.

On gold and silver, we look to be pulling up a bit along with this broad risk appetite as well. My recommendation is to initiate a short on silver sometime soon as this bounce develops, or wait for it to top out and me to give the all clear that we're turning around for more downside. If stocks really do mount a large 1 month or longer rally here, the bounce on silver may be larger than expected, so it might be better to wait for it to top out and clearly turn lower before entering or adding more short.

There's no economic news worth trading scheduled for Thursday, and all of Wednesday's news came out too close to expectations, so there weren't any clear trades. We've got a couple of things coming out Friday though, so we'll cover those with tomorrow's signal and give an update on this medium term shift back into risk appetite and how best to play it, maybe with some more specific trade calls.

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Forex Daily - July 15, 2009

{ Posted on 7/15/2009 02:07:00 PM by De_Trainer }
No big surprising news yesterday, but a slightly worse than expected ZEW number pushed the EUR/USD lower by the target 30 pips on the dot. In currencies direction, EUR/USD and GBP/USD are staying within their consolidation ranges and aren't showing their ultimate trend direction yet, but there's still good ways to make great trades on them that I discuss in the video. Gold and silver maintain their downtrend, but silver in particular is staging a countertrend bounce that may take it higher to $14 or so before heading lower again. If we get there and see it topping out, I'll make another short call.

Stocks have staged a nice early week rally over 900 on the S&P, but as I said yesterday, I think this rally doesn't have much further to go, and with the post-market surge up after good Intel earnings, I think the high has been set around 913 on the futures as shown in the video. A surge through that level (about 918ish) in the live market would mean we have to reassess the odds out there and consider exiting our shorts... otherwise, it's game on and get short time. As I mentioned yesterday, 3 ways of getting short on the S&P in my order of preference for this opportunity are 1) shorting the ES futures (now around 910), 2) buying SEP 90 puts on the SPY (now about $4, or $400 per contract), 3) buying SDS (now around $55.60). I forgot to bring up my stock charts toward the beginning of the video, so I pulled them up at the end. For news Wednesday:

0430 UK Claimant Count Change (41.3K expected) - I don't have a ton of faith in this one since it usually comes out along with the BoE minutes which cause the bulk of the move at that time, but a solid trigger could cause a 40 pip reaction. It's up to you whether you want to trade it, but I'm on the fence and may end up skipping it.
If it comes out at 20K or lower, GBP/USD should rally 40 pips.
If it comes out at 60K or higher, GBP/USD should sell off 40 pips.

0830 US Core CPI m/m (0.1% expected) As long as there's no conflict with the headline number, even a small deviation should see a safe trade on USD/JPY. The reactions on EU and GU for this are too hard to predict.
If it comes out at 0.2% or higher, USD/JPY should rally 30 pips.
If it comes out at 0.0% or negative, USD/JPY should sell off 30 pips.

0915 US Industrial Production (-0.6% expected) - I think this indicator has rising potential, but we still haven't seen a recent deviation to confirm that. I'm in wait and see mode on this one, but a +/-0.6% deviation could end up seeing a good corresponding trade on EUR/JPY.

1845 NZ CPI q/q (0.5% expected) - CPI numbers have gotten weird since last fall, and with this number coming out roughly as expected for basically the entire last year, we really don't have any hard evidence this one will work out if it surprises. Also, with that time of day, there's typically not a lot of market action, so I recommend skipping this one, but theoretically a number 0.7% will cause some amount of NZD/USD strength, and a number 0.3% or lower will cause some amount of NZD/USD weakness.

Thx sir pipsalot, fxpeacearmy.

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Systems Trading - Free Trading Software

{ Posted on 7/14/2009 07:22:00 PM by De_Trainer }
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I wonder where to put this topic maybe in FX Indicator..., lets begin, MT4 or Metatrader 4 is most popular trading software out there, what makes this software winning is the priceless of free, where's find something valuable that free ?, also the easy interface and customize indicator with MQL4 Language Programming is great combination. Though MT4 is not alone in this forex world. Other developer, senior broker want to enhanced the competition of trading software and aim other market segment where professional trader bet their regular amount. But, nature law about service in forex is, what you want, there's a price to be.

So... think to tried other trading software ? Not have to spend any from your pocket. There's no guarantee of profit for using this software, at least there's no risk to try it, full use with free. The minus of this software is not have realtime data and any server datafeed, so to get data you must have external data from other software like MetaTrader 4 with CSV format, it can be found in Folder MetaTrader > experts > files, that's where the CSV data saved.

Hope after try, it can fit with your trading technique or give any new experience with different method, good if that can increase your profit.

Here's the screenshot of software... i think not too complicated to use it, in 15 minutes i can figure it out one by one. Good Luck with your trading...





To Download : DOWNLOAD HERE

To Website : Website


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Forex Ebook - Be Independent Investor

{ Posted on 7/11/2009 05:46:00 PM by De_Trainer }


This ebook is just for someone who like reading economic history and theory. Its really full of paragraph, description, makes boring fast for the lazy. All talk about market in wide views not just in one side, talk about perspective here. Analysis was around Elliot Waves, seems not good topics for indicator fans, but it can increase trading probability and used by many important person in Stocks, Funds, Forex. By the way, i read the answer for, what makes market move ?, in the real trading it was volume, supply, demand, news, confidence but there's another answer in different way that describe whats going on in the real market.

This ebook just 118 pages, not takes so long to read it with coffee in your side. The words are not too complicated, easy reading for spend end of weeks.

If you're interested just DOWNLOAD HERE

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Forex Ebook - Full Stochastic Secret E-Book

{ Posted on 7/10/2009 09:29:00 AM by De_Trainer }
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A good collection e-book, Stochastic secret full explained with custom settings. Little of quotes "Stochastic helps you to listen to the market". If the indicator is coupled to a profitable strategy, it’s signal(s) contribute to a much bigger certainty; In some strategies it offers a better price or an advantageous moment for the trade opening. Just reading it...

Full Stochastic Secret : DOWNLOAD HERE




 
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Forex Ebook - Good Entry Point

{ Posted on 7/09/2009 09:34:00 PM by De_Trainer }
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Most trader want to get best entry in the right time. Fast to get green, responsible drawdown, and safe place to put stop loss. Monitoring chart everytime, yes its tired, so that tired must be worth or your time will brought to nought. Time will worth if you know where the high probability trade setups and how to identify them. One from many answer that i feel that will usefull is pattern. Pattern will tell what is the next move, or when the market is ready to make next move, try to spot it and you can jump in the right time in right place.

I got an e-book and it describe how to identify pattern using Bar Chart, not in common ways, and worth reading, it makes me get new idea in how to trade. I want to read it full, i still collect my money in savings account to buy the complete books.

Pattern Formation E-Book : DOWNLOAD NOW WHILE HOT

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Vote for President

{ Posted on 7/08/2009 01:13:00 PM by De_Trainer }
bendera indonesia Pictures, Images and Photos

I've been voting for president, this day was so special and many promo, discount beverages, food etc, that offered as appreciate to the voters. And yeah free Starbucks cup of coffee with milk. I hope whoever get the election will bring this country to a better future. Accept the winner with big heart, say no to anarchist, Long live Indonesia...
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Stochastic Secret

{ Posted on 7/04/2009 01:54:00 PM by De_Trainer }
I think the title or name of the ebook was, with the word .. Stochastic Secret. I search again the internet and just found important pieces. Don't know if it all had all content or just some pages, its look not completed. This part started from chapter D, i need dig for pervious chapter. I still can't find the match, er... right keyword for searching the ebook.

By the way its the continues sequel from One Tool Much Patten.

I got from... 4xedu.blogspot.com and forexinterval.blogspot.com,


Stochastic Secret


Stoch settings
‐ K% = 3;
‐ D% = 2;
‐ Slowing = 3);
‐ MA simple
‐ Price field Low/High;
‐ levels 80, 70, 50, 30 and 20.

(Assuming that the trader, respects the basic rules of trend trading).


D. Entry points


1. Classic crossing (cc)
Characteristics:
- it occurs over the 70 or 80 level/under the 30 or 20 level;
- has only one intersection;
- after the intersection, it returns in the 70‐30 (80‐20) interval.

Interpretation:
- if it moves over 70 but not over 80, wait to get under 70 and then sell;
- if it moves over 80, wait to get under 80 and then sell
(on a lower volatility it’s recommended to get under 70);
- if it moves under 30 but not under 20, wait to get over 30 and then buy;
- if it moves under 20, wait to get over 20 and then buy
(on a lower volatility it’s recommended to get over 30).



2. Knotted crossing (kc)
Characteristics:
- it occurs over (or on) the 70 or 80 level/under (or on) the 30 or 20 level;
- makes a knot 1;
- after the knot, it returns in the 70‐30 (80‐20) interval.

1 Knot = a series of (usual) 3 consecutive intersections,
disposed horizontally or angled, occurring outside or on the 30‐70 interval,
intersections from which only the last is reliable.

Interpretation:
- if the knot forms above 70 but not over 80, wait to get under 70 and then sell;
- if the knot forms above 80, wait to get under 80 and then sell;
- if the knot forms under 30 but not under 20, wait to get over 30 and then buy;
- if the knot forms under 20, wait to get over 20 and then buy.



3. Reversed crossing outside the 30‐70 interval (outside rc)
The reversed crossing differs from the knotted crossing in this way:
- between the first and second intersection there is a free space
(no other intersections) that corresponds on the chart with at least
2 closed candles/bars .

Characteristics:
- occurs over the 70 level/under the 30 level;
- has 2 intersections;
- between the first and the second intersection there is free space;
- the second signal is opposite to the first.

Interpretation:
- after the signal over the 70 level it’s received, then, on a bigger time frame a)
there should have been received a classic crossing buy type signal (§ D.1.) or b)
the stochastic should be in the continuation status (§ E.3.);
- after the signal under the 30 level it’s received, then, on a bigger time frame a)
there should have been received a classic crossing sell type signal (§ D.1.) or b)
the stochastic should be in the continuation status (§ E.3.).



Specifications:
- for recommended close points see § F.

4. Reversed crossing inside the 30‐70 interval (inside rc)
Read first the bolded text from § D.3.

Characteristics:
- occurs under the 70 level/over the 30 level;
- has 2 intersections;
- between the first and the second intersection there is free space;
- the second signal is opposite to the first.

Interpretation:
- after the signal under the 70 level it’s received, then, on a bigger time frame a)
there should have been received a classic crossing buy type signal (§ D.1.) or b)
the stochastic should be in the continuation status (§ E.3.);
- after the signal over the 30 level it’s received, then, on a bigger time frame a)
there should have been received a classic crossing sell type signal (§ D.1.) or b)
the stochastic should be in the continuation status (§ E.3.).



Specifications:
- recommended if the correction received a classic crossing but the impulse
didn’t, with the scenario that stochastic couldn’t give as well a classic
crossing signal and reversed crossed in the 30‐70 area;
- because the outside rc tends to be stronger than the inside rc, more
attention and a good money management are required.

5. Power peak (pp)
Characteristics:
- consists of 2 classic crossings (as a result, occurs over the 70 level/under
the 30 level);
- on a flat or a descending trend (when sell is expected), the first
intersection will be a higher‐high and the second intersection a new lower‐high;
- on a flat or a ascending trend (when buy is expected), the first intersection
will be a lower‐low and the second intersection a new higher‐low.

Interpretation:
- if on a flat or descending trend, it gives a cc signal over the 70 level,
but the price remains in consolidation, wait for another cc signal under or
on the 70 level and then sell;
- if on a flat or ascending trend, it gives a cc signal under the 30 level,
but the price remains in consolidation, wait for another cc signal over or
on the 30 level and then buy.



6. Divergence
As many other oscillators, stochastic also shows divergences.

7. Arc
Characteristics:
- outside the 30‐70 interval, it makes an arc (a long loop which stays outside a
long while).

Interpretation:
- on a flat or descending trend, after it comes under 70, sell;
- on a flat or ascending trend, after it comes over 30, buy.



8. Minus

Characteristics:
- the stochastic lines (%K and %D) merge, forming a single straight line,
which can be horizontal or angled.

Interpretation:
- if it occurs inside the 30‐70 interval, a) look for a signal on a lower
time‐frame or b) wait until the lines unmerge and open a position in that
direction (which should be the same as the direction indicated before the merge) –
otherwise don’t open any position;
- if it occurs outside the 30‐70 interval a) if you have an active position,
lock a profit and wait the eventuality of continuation of the previous move or b)
treat it like a cc crossing.



Specifications
- This procedures requires a bigger stop loss.


E. Waiting moments

1. End of low noise (eln)
Characteristics:
- a period when in the 30 level/70 level area many contradictory signals were
received.

Interpretation:
- wait until stochastic touches the 50 level and then you can a) wait for signals
specified in §D. or b) if it comes from level 30, buy and if it comes from
level 70, sell.



2. End of high noise (ehn)
Characteristics:
- a period when inside the 30‐70 area, many contradictory signals were received.

Interpretation:
- wait for stochastic to touch the 80 level, and after that wait for signals
specified in §D.;
- wait for stochastic to touch the 20 level, and after that wait for signals
specified in §D.;



3. Continuation status
Interpretation:
- assuming that at least one trade is open and has it’s locked profit, as time as
on a bigger time‐frame, an opposite signal it’s not received, the trader should
wait for the price to move in his/her favor.


F. Closing points

1. The opposite signal
Interpretation:
- assuming that at least one trade is open and has it’s locked profit, after on a
bigger time‐frame, an opposite signal was received, the trader should think about
a) readjusting the amount of locked profit or
b) close the trade and wait for a reversal.


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Forex Daily - July 01, 2009

{ Posted on 7/01/2009 02:54:00 PM by De_Trainer }
EUR/USD
It is more likely to go up to around 1.4120, and after that, it might have potentially to go down to around 1.3950.
(Current Price: 1.4022)

GBP/USD
It is more likely to go up to around 1.6650, and after that, it might have potentially to go down to around 1.64.
(Current Price: 1.6428)

AUD/USD
It is more likely to go up to around 0.8150, and after that, it might have potentially to go down.
(Current Price: 0.8050)

USD/JPY
It is more likely to go down to around 96.
(Current Price: 96.77)

USD/CHF
We predict that it is more likely to go down to around 1.0750, But if it is still goes up to 1.0950 then it will be bullish.
(Current Price: 1.0871)

Beware from today news: (time is using GMT+7 / Indonesia – Jakarta Time)
(see your time conversion at www.timeanddate.com)

13:00 EUR
13:30 AUD
14:30 CHF
15:30 GBP
19:15 USD
21:00 USD
22:15 USD

All the forex signals and technical analysis can be affected by the news report (fundamental)

thx gainscope

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