Forex Strategy

Forex entry exit w/ BB stop and Fisher indicator

This is my  experience in the forex market, I realize the major problem of traders is entry and exit.  A lot of trend trading techniques out there but you will agree that we have just few ways to filter entries and exits.

TO help traders out there I sort the permission of my company to let go one of our trading strategies for your review. Trust me, its profitable if you follow the rules.

INDICATORS:

-          BB_STOP default setting  (20 periods)

-          Stochastic 4,2,2

-          Fisher  50 periods

SETUP:

Apply the above indicators to your 4hour and 30min timeframes. The Direction of the BB_stop is our trend and the Fisher together with the Stochastic with multi-timeframe analysis will help for entry and exit.

When BB_Stop is SELL (for example) make sure the fisher histogram is falling (regardless the colour)  as the picture below.

Ones you spot this, move to the 30min timeframe make your entry when the stochastic is on or above the 80level for a SELL. Check the Picture below

Forex Reversal Strategy

Spike Reversal Strategy

Steep, fast rallies in currency prices, better known as spikes are often caused by major economic news releases such as the non farm payrolls report (NFP). The vast majority of traders lose a lot of money trading spikes in Forex. Therefore, I reveal my favorite forex reversal strategy on how to make regular profits from spikes utilizing bullish and bearish pin bars. This strategy works best on 5 min charts and provides good risk-to-reward ratio's.

Trading Setup

Time Frame: 5 min chart
Currency Pairs: Majors (EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD and NZD/USD)
Trading Sessions: all

Rules For Sell Trades
1) Wait for a significant upward spike to occur in any of the major currency pairs. The spike must be clearly visible on the 5 min chart.
2) The appearance of a bearish pin bar in the vicinity of the spike high price triggers a sell order.
3) Open a short position at market on the close of the bearish pin bar.
4) Our stop is placed at the high of the pin bar.
5) Our target is the low of the upward spike candlestick.

Example - Forex Spike Reversal Strategy, GBP/USD 5 Min Chart

In the GBP/USD 5 min chart above, a 50 pip spike occurs in the market. Four candlesticks later at 13:00 on October 26, a bearish pin bar appears on the chart and we enter short on the close of the pin bar at 1.5882. Our stop loss is placed at the high of the bearish pin bar at 1.5894. Our target is the low of the upward spike candlestick at 1.5849. The trade was closed 75 minutes later, banking 33 pips of profit.

Rules For Buy Trades

1) Wait for a significant downward spike to occur in any of the major currency pairs. The spike must be clearly visible on the 5 min chart.
2) The appearance of a bullish pin bar in the vicinity of the spike low price triggers a buy order in the market.
3) Open a long position at market on the close of the bullish pin bar.
4) Our stop is placed at the low of the pin bar.
5) Our target is the high price of the downward spike candlestick.

---- sbudij ----- by. Jimmy Gastaz fxtsp -----

Forex Trading Strategy

Moving Average - Multiple TimeFrame
The multiple timeframe moving average trading strategy uses one medium-term and one short-term timeframe to improve the odds for successful currency trading. The strategy is designed to trade only in the overall direction of the market trend. Always remember: the trend is your friend. If you buy dips in the uptrend, you are making pips. If you try to short, you will lose pips.

Forex Chart Setup
Time Frame's Used : 1 hour and 5 min chart
Indicator 1 Hour Chart: 100 Exponential Moving Average (EMA)
Indicators 5 Min Chart: 200 Simple Moving Average (SMA) and 5 Exponential Moving Average (EMA)
Recommended Trading Sessions: Euro and US
Currency Pairs: Any

Step 1) Defining The Overall Currency Trend

Price trading above 100 EMA > Trend is up.
Price trading below 100 EMA > Trend is down.
>>> In the example above, the overall trend in the Pound/Dollar is clearly up.
Forex Moving Average Cross-over system defined
A moving average cross-over system consists of at least 2 moving averages, a long period MA and a short period MA. A signal to go long is generated when the short MA crosses the long MA from below. A signal to go short is generated when the short MA crosses the long MA from above.

Step 2) Using A Moving Average Cross-Over System To Enter A Trade

The price is trading above the 100 EMA in the 1 hour GBP/USD chart, so we will look for long trades only.

GBP/USD Trade Explained
• The moving average cross-over system gave us a signal to go long @ 1.5889 in the uptrend defined by the 1 hour chart.
• Stop loss is placed 3 pip below the most recent level of support @ 1.5860.
• Target is twice the risk or at least 50 pips.
• Target is 58 pips @ 1.5947.
• About one hour later, the trade hit our target for 58 pips.

See other trading indicator.... Click Here..

---- sbudij / karawangForex ----- by; Luca De Vid --------

Trading with Donchian Bands and 3 WMA

Trading with Donchian Bands and 3 WMA
Indicator :
Time Frame : 30 min and 1 hours
Donchian Bands Click here
5, 20, 100 LWMA
100 LwMA is Major Trend
BUY the exchange rate when the 5 WMA crosses up past the 20 SMA
SELL the exchange rate when the 5WMA crosses down past the 20

Trend Following Stochastic

The trend following stochastic forex trading strategy is an easy to understand yet profitable strategy to trade currencies. The only tools we need in order to apply this method is the stochastic indicator, ATR(14) and trend lines. If you have no idea what trend lines are, please read this article first.
Forex Chart Setup
Preferred Time Frame's: 30 min and above
Trading Indicators: Stochastic Oscillator (5,3,3) and Average True Range ATR(14)
Recommended Trading Sessions: Any
Currency Pairs: Any
Rules for a Long Trade
1) Find an up trending market and draw a rising trend line connecting the successive temporary support bottoms.
2 Wait for the price to pullback towards the rising trend line.
3) Go long in the vicinity of the rising trend line if the Stochastic Oscillator turns positive from oversold market conditions.
4) Place stop 3 pips below the most recent level of support.
5) Trade objective: 50% of 14 day average true range (ATR).

Trading example (GBP/USD 1 Hour Chart)

The gbp/usd is in an up trend supported by the rising trend line. The price pulls back towards the rising trend line while the Stochastic Oscillator turns positive from oversold market readings (below 20). We open a long buy at 1.5590 with stop 3 pips below the most recent level of support at 1.5590. Our trade objective is 50% of ATR which is 75 pips. The trade was closed about 4 candlesticks later at 1. 5690 for 75 pips while the risk was only 25 pips (+ spread).
Rules for a Short Trade
1) Find a down trending market and draw a falling trend line connecting the successive temporary resistance tops.
2 Wait for the price to rally towards the falling trend line.
3) Go short in the vicinity of the falling trend line if the Stochastic Oscillator turns negative from overbought market conditions.
4) Place stop 3 pips above the most recent level of resistance.
5) Trade objective: 50% of 14 day average true range (ATR).

Related Indicators.... See..Free Forex Signal - Forex Indicator

------ sbudij ---- by; Willie Van Der Perre ---------

3 EMA's Forex Trading System

3 EMA's forex system is used to find low risk to reward entry points in a trending currency market.

Chart Setup

Moving Averages: (EMA34 High, EMA34 Close, EMA34 Low)
Stochastic Oscillator (5,3,3)
Trend confirmation: bullish and bearish candlestick patterns

3 EMA's Forex Trending System EUR/USD 5 Min Chart



How it works

1. Determine the trend: Are the 3EMA's pointing up, down or flat? DOWN. (we enter no trades in a flat market)
2. As a result, we will only look for possible sell entries in the euro/dollar.
3. We wait for a rally back toward the 3 EMA's for the best possible entry (low risk).
4. Rally back towards the 3EMA's? Check the stoch oscillator (Is it overbought, value +80)? If yes,
5. Now check for a bearish candlestick pattern to pinpoint your short entry in the market.
6. The picture above shows where we entered short the EUR/USD (3EMA's down, Stoch overbought, bearish pattern).
7. Set stop loss above the bearish candlestick pattern and use risk to reward 1.5 or better

---- by : fxstp ---------