System-Forex.Info

Well, yesterday I thought it was likely we'd see a pop higher on the Euro and that would present a selling opportunity. It looks like someone big sold USD hard around 2:10PM EST today and it forced the Euro and most other pairs up over 100 pips in about 25 minutes. These illiquid summer vacation markets make it tough to set swing trades because the big moves seem to come off somewhat random high volume orders like that. In any case, the nice move up has presented us with better prices for a position trade sell; however, there may be enough technical strength behind it to turn the tables on the underlying trend a bit, so I'm going to advocate a wait and see approach and continue to hold short for now, but refrain from adding extra to it despite the nice price. Shorter term, look for breaks of 1.4338 to find follow through down and keep a close eye on 1.4450 if things stay strong on the Euro tomorrow.

In Gold and Silver, we continue to range, and my advice remains unchanged from the rest of the signals this week (feel free to check them on your own).


In stocks, we got even more choppy consolidation today, but again, the eventual break-out from this range will most likely be a break higher; however, once that break higher seems to be topping out, that may end up being a great point to initiate an ambitious position trade sell trade as the likelihood of a very large impending selloff starts to come about. In news Friday:

0430 UK GDP 2Q Prelim (-0.8% expected) -- We've seen a lot of news do poorly this week, but decent surprises on UK GDP have such a good track record that they should do well despite the current low volume conditions unless they're somehow leaked ahead of time.
If it comes out at -0.6% or higher, GBP/USD should rally 40 pips.
If it comes out at -1.0% or lower, GBP/USD should sell off 40 pips.

0830 US Personal Spending (0.2% expected) -- Personal spending numbers are coming out, but with Income and PCE data coming out at the same time, we could get a lot of mess and I'm going to recommend sitting this one out. Especially with the whipsaw type price action we saw with good GDP numbers out of the US on Thursday, but a bad deflator number... there's a lot of potential for whipsaws if any of the data comes out mixed.

Thx to sir pipsalot, fxpeacearmy, fxdiamonds.

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As I've talked about so far this week, we've been pretty much expecting some 2-way action and consolidation from the EU and GU and that's pretty much what we've gotten. While I'm still not entirely sold on which way the next break will be, it seems a bit more likely that the next break will be lower, so watch 1.6274 on the GBP/USD and 1.4180 on the EUR/USD for confirmation of a clear turn lower that should continue over the coming days/weeks. A break of early August's highs around 1.4448 on the EU would negate that forecast.

In stocks, we're still likely in the final rally phase before the major turn lower, and this phase could last days or weeks. For shorter term plays, I would see any decent pullbacks or range-based consolidations as opportunities to go long on dips. If you do so though, keep a tight leash because if/when we start to near 1050 I'm going to look to start building a position trade short on equities if the setup looks right.

The metals look naturally unclear with the prospect of a stronger dollar and higher stocks pulling them in both directions at the same time. My recommendation is to hold a position trade short through the volatility because once things clear up, we'll be much lower than we are now and well underway in the ensuing decline. $991 and $15.20 in Gold and Silver are the spots if exceeded where I'll have to strongly reconsider that view, but as long as they hold... game on.

In news Tuesday, we had Consumer Confidence come in much better than expected, but the fact that it was coming in high was leaked ahead of time indirectly through an Obama announcement earlier, so much of the run up was unfortunately before the news, and the release itself was just a short spike and a reversal. That's usually what happens when such a report is leaked or there is a strong rumor that proves correct. In news Wednesday:

0400 German IFO Business Climate (89 expected) - This indicator has had only very small gains recently on less than 1.0 deviations, but the last 1.0+ surprise generated a pretty nice move, so I think that's a pretty good threshold to look for.
If it comes out at 90 or higher, EUR/USD should rally 40 pips.
If it comes out at 88 or lower, EUR/USD should sell off 30-40 pips.
If it comes out at 87 or lower, EUR/USD should sell off 40-50+ pips.

0830 US Core Durable Goods (0.9% expected) - This indicator has only been making minor price moves lately (20 pips or so) even on big triggers, so I plan on just skipping it until it does better for awhile.

1000 US New Home Sales (390K expected) - This report could see a good reaction with a smaller 10-30K surprise, but when that happens it's often hit or miss and even when it gets a good reaction, it can reverse after only a few minutes. I recommend just trading this one on a bigger trigger and staying out or focusing on technical trades if it comes in too close to expectations.
If it comes out at 425K or higher, EUR/JPY should rally 50 pips.
If it comes out at 355 or lower, EUR/JPY should sell off 50 pips.



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As far as trends are concerned, the EU and GU managed a rally a bit through the prior week's highs, but I'm not as sure we're going to get a turnaround south at these levels as I was last week. Because stocks have so resoundingly started their final thrust upwards, it places a bit of risk appetite pressure on the USD and puts the outlook on the Euro and GBP in a bit of a pickle where I'm not sure if 1.4450 on the Euro will be breached before a turn lower or if we'll get that turn sooner. When I see something more clear for the short term there, I'll let you know in the daily signals, but I'm holding my longer term position trade short and fading on rallies for now. The basic gist is, the Euro and GBP should turn lower, it's just a matter of when, and from where? Hopefully soon!

Stocks definitely started their final rally leg a bit earlier than expected and that leg is well underway. We still could have quite a bit to go upwards before it's complete, but once it's over, we're going to have a VERY major reversal down to around 400 on the S&P. If you're a strickly long term player, you may want to start fading this rally to get in short. If you're playing the shorter term upside, the likely target range is 1050 to 1075 or so. Once we get up there we'll be able to better see if there's even more short term upside potential or if it's time to start loading up short for the short, medium and long run.

Gold and Silver are in a similar pickle along with the USD mixed pressures. The longer term trend is pretty clearly down, but this week could see a move higher before lower potentially. Once things clear up a bit on the short term I'll update that in a subsequent daily signal... but the 990 and 15.20 levels on Gold and Silver should not give way even if we do head higher first. I'm continuing to hold Silver and Gold long term short and I'm fading rallies on Silver.

For the nice short term news opportunities, we do have one possibility on Monday:

0830 CAD Retail Sales (headline) expected at 0.2% -- I think we should play this one safe and look for a 1.0% deviation to get a nicer move out of this indicator. Surprises less than that have been able to move USD/CAD about 20 pips, but not much more... so I'd prefer to trade something larger to make it worth our while.
If it comes out at 1.2% or higher, USD/CAD should sell off 30 pips.
If it comes out at -0.8% or lower, USD/CAD should rally 30 pips.

The other worthwhile news releases I plan on previewing and trading this week are:

Tuesday 8-25
1000 US Consumer Confidence

Wednesday 8-26
0400 German IFO
1000 US New Home Sales

Thursday 8-27
0830 US GDP Annualized (Prelim)

Friday 8-28
0430 UK GDP q/q

Thx fxpeacearmy, sirpipaslot.



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I might say Ichimoku, Ichimoku Kinko Hyo the complete names which translates to "equilibrium at a glance chart", is one from many indicator that completely work without put extra indicator in chart. Its already full system, capability to use as decision OP, SL and TP in one time makes Ichimoku have so many fans out there. Just try to use google with keyword "Ichimoku", in second you can find many good source about how to Open in good position, ride the trend, stay away from ranging/flat, manage TP with trail and etc.

This is Ichimoku Dashboard, it will show condition of manual Ichimoku in label digital. Chart will looks clean now....





Download here : DOWNLOAD NOW

p.s If you not have idea how to use standard Ichimoku, i suggest to read one thread in F.Factory named Ichimoku Forever.

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Debt settlement is the process in which the total amount you owe to your creditors is greatly reduced. And how can we relate debt settlement and forex? It may appear weird but it is not. When you are in debt and you are exploring different ways to get out of debt with the help of professional assistance, you may be suggested by a credit counselor to enroll for a debt settlement program that can serve your current financial needs best.

When you enroll for a debt settlement program, you stop making payments to the creditor till the time you don’t accumulate half of the outstanding balance in a trust account that is created. This trust account doesn’t earn any interest though but it helps you to save cash in it so that once you negotiate with your creditors, the same can be used to pay them off. The debt settlement company you hire will do all the negotiation on your behalf. In majority of the cases, the amount you have to pay finally to the creditor is reduced by as much as 40% to 60%.

Now, how do we relate debt settlement and forex trading? The forex market commonly referred to as the FX market is where the currencies are traded in pairs. This form of trading has several advantages over other forms of trading and has helped many households to meet their financial obligations every month. Use proceeds of forex trading in making payments into the trust account.

If you are an experienced forex trader and if you know how the currency pairs will behave in the FX market, you can earn very high profits. And this what many forex traders have been doing in the US. Once you earn profits, the proceeds that you get from forex trading can be used to make payments into your trust account. It will not only help you to start negotiations early but will also hasten the process to a debt free life.

You might be wondering how is it possible to invest cash when you are exploring different avenues of debt relief. The fact is that forex trading requires very little cash to start trading. And you can make best use of the situation so that you attain financial freedom much early.

Contributed by Debt Community Member.




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EUR/USD and GBP/USD have found some momentum in their downtrend, and if you took advantage of either of the sell recommendations I've given in the last two weeks, things are looking pretty good. Right now both the EU and GU are in a 3rd of 3rd wave down that should carry them well beneath last week's lows of 1.4085 and 1.6390 respectively. A shorter term 15 min to hourly chart style bounce could develop around those levels, but I'm pretty confident we'll trade through them without a ton of retracement. As far as ultimate targets are concerned for this 3rd wave minor degree selloff (think 4 hour chart type move that takes anywhere from days to a few weeks), I'll quote Friday's signal:

"On both pairs, we're set up for a very sizable 3rd wave selloff to start soon that should target at least 1.4000, but probably more like 1.3800 before letting up. On GU the next selloff wave should reach at least 1.6000, and more likely 1.5700 and lower."

If the wave analysis ultimately proves correct though, we will see the USD strengthening in primary degree for anywhere from several months to a year depending on how the move develops.

Gold and silver have moved comfortably off of their highs along with the USD strengthening move. Particularly, things are looking like a sloping head and shoulders starting to take form on Silver. I still very much like shorting Silver at current levels (around $14.50 at the moment) looking for a very big long term payoff to the downside, and now we have the USD strengthening accompanyment that should help a lot with that. Support on Silver short to medium term is at $14.13 (last week's lows), and around $12.80 (sloping head and shoulder trendline support). I'm pretty confident we're at least heading below $13 to test that trendline support. Once that goes, we may see $8 and below sooner than you think.


On stocks, we saw a nice rollover on Friday, but we're still waiting for that key break of 992 on the S&P to confirm a bigger rollover towards first 968, but more likely 920 to 955 as an ultimate target. It's possible we're topping out for good and starting the next major bear market selloff... but equities tend to lag some of the other markets by quite some time, so it's more likely at this point that the coming selloff is still a wiggle lower before another final attempt at new highs sometime in September. Long story short is: 1) If you're short stocks, hang on and 2) Whether you're in short or not, add some short on a clear break of 992 on the S&P.

There's no key news out Monday, so we'll start previewing news items with Tuesday's signal. To give you an idea of what's coming up though, here's what I'm looking to focus on for this week:

Tuesday 8-18
0430 UK CPI
0500 German ZEW

Wednesday 8-19
*note* skipping 0430 UK Minutes due to last weeks quarterly inflation report
0700 CAD Core CPI

Thursday 8-20
0430 UK Retail Sales

Friday 8-21
1000 US Existing Home Sales

Sir Pipsalot, fxpeacearmy

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Again and again, another shared forex trading systems, in world of forex everything related to cash out, try to shared will makes nothing into something different. This system found in another trader forum from russian, so it contain many foreign language that not easily to understand it. But it doesn't matter if the system works properly, not crash the platform then it passed, usefully or not put on side. About the win ratio is like another system it depends on the rider of system, luck and market respect.




DelanTradeExpo System 1.3

My first impression about this forex system is take much CPU resources if use in many pairs window in same time, the process of platform increase dramatically and the price looks lagging, quotes names will pop up like hell. Also don't forget to watch carefully the risk of this system. Look at image below, its look so high risk if not carefully....



That's it all.... time to relaxing now...

Download Delan : CLICK HERE


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EUR/USD
It is more likely to go down to around 1.42 or even 1.4150, but before it goes down, please beware that it still possible to reach 1.4350 or even 1.44. We suggest you to entry Sell after it goes up, or using a breakout strategy.
(Current Price: 1.4267)

GBP/USD
It is more likely to go down to around 1.65 or even 1.6450, but before it goes down, please beware that it still possible to reach 1.6650 or higher. We suggest you to entry Sell after it goes up, or using a breakout strategy.
(Current Price: 1.6571)



AUD/USD
It is more likely to go down to around 0.83, but before it goes down, please beware that it still possible to reach 0.85. We prefer to keep Sell.
(Current Price: 0.8432)

USD/JPY
It is more likely to go down lower than 95 or may be 94.50, and after that, it might have potentially to go up to around 96. We prefer to use a breakout strategy in this pair, Buy when it reaches 95.60, and Sell when it reaches 94.90.
(Current Price: 95.12)

USD/CHF
It is more likely to go up to around 1.0750 or may be 1.08, and after that, it might have potentially to go down to around 1.0680.
(Current Price: 1.0716)



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EUR/USD
It is more likely to go up higher than 1.4250 or even 1.43, and after that, it might have potentially to go down to around 1.41.
(Current Price: 1.4224)

GBP/USD
It is more likely to go up higher than 1.6550, and after that, it might have potentially to go down to around 1.6350.
(Current Price: 1.6495)


AUD/USD
It is more likely to go up to around 0.84. and after that, it might have potentially to go down to around 0.83.
(Current Price: 0.8353)

USD/JPY
It is more likely to go down to around 95 or may be lower. But if it still goes up and reaches 96.40 then it will bullish.
(Current Price: 95.96)

USD/CHF
It is more likely to go down lower than 1.073 or may be 1.0650, and after that, it might have potentially to go up to around 1.08 or higher.
(Current Price: 1.0751)



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On the EUR/USD it still seems likely we'll get a bit more retracement up before the downtrend resumes, but it's not a guarantee. On the GBP/USD things could go either way today based on the news, so we'll have to wait and see how the BoE Quaterly Inflation Report comes out. If you're not in short for a position trade but would like to enter, I'd hold out for a bit of a bounce first just in case we get one (watch the video for more detail and analysis on both of these pairs).

On Stocks (I totally forgot to review stocks in the video, sorry), we got a selloff to that key 993 level on the S&P, so all we really need is a break of yesterday's lows to signal that wave B down has taken hold. Essentially, a break of 993 should see 968, then potentially 925-950 before we see new highs. I'm personally in short from about 1000 and 1013 looking to TP 1/2 at 970 and the other half I'll exit discretionally and let you know when.

In Gold and Silver, we're seeing ok price action back off their retracement highs. Nothing new here... get short if you're not in and add short on bounces if you are in. We're close enough to those retracement highs (that likely will not be exceeded) to warrant some shorter term position trades or swing trades as well with tighter stops. In news Wednesday, we've got a couple of key reports:

0430 UK Claimant Count Change (28K expected) & ILO Unemployment Rate (7.7% expected) - If both of these come out low, that should be GBP bullish, and if both come out high, that should be GBP bearish, but this indicator has a habit of spiking and reversing hard, so I don't recommend trading along with it as the markets anticipate the bigger UK news just an hour later. If anything I might look for a spike reversal if it looks ideal.

0530 BoE Inflation Report - This report comes out once every 3 months and is usually a very big mover. The markets will focus on the expansion in their Asset Purchase Facility (APF) allocation and why they expanded it by 50 billion pounds, and also what their growth/inflation outlooks are for the 3rd quarter. Of course, their overall optimism or pessimism will likely be the main driver of sustained price action.
If they are relatively optimistic on growth and positive inflation, and/or not going to seek more APF money in the future, GBP/USD should rally 50+ pips.
If they are resoundingly pessimistic on growth, worried about deflation, or hinting at further expansions to APF allocation, GBP/USD should sell off 50+ pips.

0800 Norway Interest Rates (no change at 1.25% expected) - Only trade Norway news once you have a little experience with the NOK currency.
If they hike rates, EUR/NOK will sell off 1000+ pips
If they cut rates, EUR/NOK will rally 1000+ pips

1415 US FOMC Interest Rate Statement (no change at 0-0.25% expected) - Since there is essentially zero chance they will change interest rates, I'm going to focus my preview more on the statement itself. The things the market will be focused upon is:
1) Their plans for the current $1.75 billion total Quantitative Easing (QE),
2) Willingness and timeline for withdrawing liquidity from their special programs (exit strategy),
3) Hints at when they're planning to raise interest rates, and
4) General level of optimism or pessimism on growth, inflation, and the economy.
Keep in mind that we may be in a period of transition where the USD will react differently to US news than it may have in the past year or so, so if you want to play it safe, wait for the first 5 minutes of price action to complete, and if there's a clear move, follow that direction on either the EUR/USD or USD/JPY for 30-50 pips.
A) If they come out optimistic on growth and positive inflation, and are looking to reduce QE, withdraw liquidity, or raise rates sooner than expected, USD/JPY should rally 50+ pips.
B) If they come out optimistic on growth and positive inflation, and are looking to uphold or increase QE, liquidity, and low interest rates very dovishly, EUR/USD should rally 50+ pips
C) If they come out pessimistic on growth and/or worried about deflation, and are looking to uphold or increase QE, liquidity, and low interest rates very dovishly, USD/JPY should sell off 50+ pips
D) If they come out pessimistic on growth and/or worried about deflation, and are looking to reduce QE, withdraw liquidity, or raise rates sooner than expected, EUR/USD should sell off 50+ pips.

0200 (on Wed night/Thurs morning EST) German GDP q/q Preliminary (-0.2% expected) - This news usually creates a fairly reliable move of 30-40 pips on the EUR/USD, but I feel it could get even more this month.
If it comes out at 0.1% or higher, EUR/USD should rally 30-40 pips.
If it comes out at -0.5% or lower, EUR/USD should sell off 30-40 pips.

Sir pipsalot, fxpeacearmy

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I've been doing a lot of analysis and research today that continues to confirm we are at or near significant medium to long term tops on EUR/USD, Silver, Stocks, and many other related currency pairs and markets. Once they start their decline, the manner in which they fall will help identify the scope of the downside. Chances are that stocks will only see a relatively minor correction down to maybe 950 or so before another last run higher, but the Euro and most commodities like silver have either already put in major tops or will top out soon. Again, whether or not the subsequent decline is a matter of weeks or years will become more apparent over time, but for now I'm short across the board about half of what I'm willing to leverage on a long term trade. If we do get some rallies to new highs into more concrete resistance, I'll jump in and double my position. Specifically on the Euro (I know most reading these signals are currency traders) there's some nice resistance in the 1.4600 to 1.4700 range, so that's a good spot to add to a positon trade short with a stop somewhere padded above the earlier 1.4715 high. It's not just about price levels though, it's often about being a contrarian on sentiment. Bullish optimism has reached extremes typically seen near major peaks, and that's an excellent source of confirmation. It doesn't mean things won't get more extreme, but it does mean we're much closer to a top than most people think.

In news on Thursday, the only real surprise was out of the statement from the BoE where they expended their Asset Purchase Facility by much more than anyone expected. I said yesterday "If they extend or restart the APF with another 25 billion pounds or more, GBP/USD should fall 50+ pips." Well, they increased it by 50 billion pounds and the GBP/USD shot down by 140 pips very quickly and has since sold off even more. I am bearish long term on the Euro mainly because it's the purest way to play USD strength in the currency markets; however, with a big GBP negative out of this report, I recommend looking for a swing trade or position trade short on GBP/USD on any decent rally into resistance a rally to or near 1.6900 would be a great spot to get in short, but 1.6830 or so might be all we can get depending on how the USD performs today (Friday). In news Friday:

0700 CAD Employment Change (-20K expected) - Canadian numbers are not nearly as nice and neat to trade than they used to be in the past. We should be able to expect a nice short term move on a surprise, but I wouldn't hold out on it for terribly long.
If it comes out at 0K or higher (positive) USD/CAD should drop 40 pips.
If it comes out at -40K or lower, USD/CAD should rise 40 pips.

0830 US Non Farm Payrolls (-325K expected) - We've seen decent surprises 2 months in a row... one positive and one negative. In each case the EUR/USD and USD/JPY spiked in the same direction right away, but the EUR/USD wound up reversing while the USD/JPY kept chugging along. If we get a surprise and a big spike on the EUR/USD that might be running out of steam, look to play the reversal. If you want to hold on to something and let it extend, trade the USD/JPY. If you want the biggest spike trade possible trade the EUR/JPY. Also, be careful to look out for revisions to prior numbers and consider them just as significant as this month's surprise.
If it comes out at -250K or higher, USD/JPY should rally 50+ pips.
If it comse out at -400K or lower, USD/JPY should sell off 50+ pips.



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Just another FX Indicator, I found in MQL4 article about "Theoretical Basis of Building Cluster Indicators for FOREX". Just cut and paste from web.... we can analyze market with cluster theory indicator. The article also introduced main definitions: "overbuying", "overselling" of currencies and balance line. In this article we will dwell on the practical application of indicators. The article includes a number of tactical and strategical methods of trading on them:

* methods, helping to detect potential pairs, on which trends may start;
* procedures of defining entry and exit times;
* methods of tracing long-term and medium-term positions.



Other theory of cluster indicator is based on divergence, it can show show an alert the divergence between the price and the complex-pair indicator.



At the other side i found MT4 indicator that almost have the same theory with standard indicator in Dukascopy Trading Platform. Its based on some kind of MA crossed, something like that.




Resources Info (Web) : Dukascopy Standard, MQL4 Cluster, Divergence Complex Pair

How to use Cluster Indicators ? / The Manual : Read Here


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What a long break.... after some of days i stop post mumble things here. I take a journey to get out from crowded big metro city into small county town that quiet peaceful. I want to clean my dirty brain so i can think more pure and get more ideas. Now, just one day after back into big city, i so missed that fresh air, morning mist, smooth traffic... but still i realize i must back to my reports in desk that never compromise with every condition. Afterall, i want to reappoint old system in my hard-drive, part of my systems trading, i think better to share it rather than it ends in my unused folder or recycle bin, maybe it will more usefull to others, hope so.









Download Here : System One, System Two, System Three


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