Wednesday, September 29, 2010

The indicator price oscillator technique

The indicator of price oscillator (sometimes called indicator percentage price oscillator) incorporates two moving averages (one short and a long) and is similar in many respects all other indicators oscillating, except that it does not have overbought or oversold areas. Instead gives you a buying signal when the indicator crosses from 0 and a sign of sale when crosses under 0.


These crosses all day long could simply trading, but probably would be profitable to do so because you get a lot of fake crosses, particularly when the market is a trend towards the sides.


Instead, as with so many indicators, you are much better divergence trading patterns. This is just where the price make new casualties (or appears to be down) but the indicator in question is unable to make new casualties, or vice versa if the market is making new highs.


What this basically tells you is that the trend is beginning to run out of momentum.So when this pattern of divergence, you can think about adopting a position immediately or when indicator then traverses the level 0.


You can see what I mean looking at 5 minutes from earlier today EUR/USD chart.In this case the price fell to S1 level at the beginning of the day, but at this level for the second time testing price bounced upwards this level of support and there was a clear pattern divergence on precios.También oscillator indicator can be seen that there was a pattern of pleasant divergence (and a towards top crossover) in the indicator MACD thus, addition of a change in the trend, as indicated by Supertrend indicator, so this would have been a nice trade high probability.


EURUSD_19July.png
Anyway the point is that the price oscillator is another indicator technician to add to your arsenal.No is nothing revolutionary, but provide you with some decent trade signals when you start to see some patterns clear divergence, especially when combined with other similar indicators or flag MACD.También is useful to indicate the trend, because if the indicator is above 0, the pair is currently in an upward trend, and if it is below 0, then is obviously in a downward trend.


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Friday, September 24, 2010

Trade video - 2 powerful technical indicators / Trading System view prior

Today, i just wanted to do a quick blog post to let you know about a new forex trading video just released. Describes two very powerful technical indicators and explains how these indicators were combined to create the Forex Mastery 2.0 system, which has been one of the most popular and most well-received 2010 trade trading systems.


Click here to view the video.


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Thursday, September 23, 2010

Video - Forex Mastery 2.0 predicting the collapse in the Dow Jones

As you already know, Forex Mastery System 2.0 (click here to view a video of advancement) is being relaunched in few days. Actually I have not purchased or tested this system of myself, but I have heard many good things about it from some of my readers who bought the system in the past.


Anyway if you want to see this system in action you can do so by clicking on the link below and to see the video about forex trading.The video is a live non-farm payroll class from the creator of the product in June where correctly predicted the collapse in the Dow Jones using this impressive software:


->  Forex Mastery 2.0 predicts the collapse of the Dow Jones


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Wednesday, September 22, 2010

Weekly Trading Update - 13-17 September 2010

Well, I must say that I am a lover of Mark Fric Morning Forex trading system. As I said in my recent review, the system opens a trade every day in the GBP/USD pair (if the conditions are met) and exactly the same time every day (an hour and a half before opens the London market). This trading system started this week and the results are as follows:


Monday: + 40 points
Tuesday: + 40 points
Wednesday: non-commercial
Thursday: non-commercial
Friday: + 40 points


This is a very impressive return of 120 points during the week. only, I started this system with small pegs only 2 GBP per point, but 240 pounds during 5 minutes of work each day is a decent return on trade.


From makes a lot of backtesting I know that not all weeks are as profitable as this. Often you may get 2 winners, 1 losing trade and 2 not offices, or 3 winners and losers 2 (like last week). Since however, the important point is that this system appears to be consistently profitable in the long term through a simple point 40 target price and stop loss.


Elsewhere I have not been very busy in the main time. My 4 hours trading system does not raise any decent business opportunities since major pairs moved against the indicator Supertrend journal.


I was tempted to trade the breakout upwards in the GBP/USD pair, but with sailing of breakout in chart 4 hours, still seed around 180, and because it happened in the afternoon rather than doing so in the morning, I decided against any long positions. In short-term this proved to be the right decision, but upward movement continue over the next few days, so lost none of some decent benefits there.


In general, although I had a good week and I am glad that I have another decent system that I use daily, even if it is lifted in around 06.15 each day. If you want more information about this system can do so by visiting the official Web site, or by clicking here and read my full review on Morning Forex trading system.


Have a great weekend.


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