Monday, February 20, 2012

Moving average and Trend line strategy

This is very effective system it will suitable for all financial markets including Forex

Requirements:
MA 14 (Simple+ Close) default setting
Zigzag indicator from Meta trader
Trend Line

The system is suitable for small TF (15 TF is the best)

Steps:
1) Zigzag indicator (default setting) = Red












2) Moving average 14 (Simple MA , Close) = Blue













3) Trend line based on two tops or bottoms = Yellow













Entry place : after Broke the trend line (it is better to waiting till retesting before entering)












Stop lose : above the candle which was crossed (penetrated ) by MA14 (See above chart)
Take profits:
TP 1: at the last support (bottom) in case of short position or
at the last resistance (top) in case of long position
TP2: Double Stop lose(if the distance between the Entry place and stop lose was 50 pips , our second take profits must be 100 pips)


The best pairs: any pairs include EUR+JPY Like( EUR USD, EUR JPY, GBP JPY, USD JPY, CHF JPY, GBP EUR .....etc).

Good Luck

Saturday, February 4, 2012

Secret Doji Method

Introduction:
This is a very simple strategy, yet one of the most reliable setup iَ ve ever seen.
now i am going to share this powerful trading system, i am sure a lot of people out there are eager to arrive to the place i am in now.

as we know Japanese candlestic charts are the best type of other MT4 charts.
but unfortunately new traders give it top priorty in the trading.

at the first :
letَs to see Doji candle shape:












Typical examples of Doji candlestick:











the first condition of the system is : identify 2 Doji one after one as you see in the following chart:












Second condition:
marked the upper and lower borders of those two Doji as you see in the following chart:

















The Third condition :
place 2 pending orders , One in case market breaks the upper border of the Doji (One pip is enough) and One in case of breaks the lowerborder of the Doji



Stop Loss:
above the Doji upper border in case of short (sell)
below the Doji lower border in case of long (buy)


Take profits:

there are tow methods:
1) TP is equal of SL (70% winning trades)
2) The best method : Enter with to lot , set your first TP as equal SL, and the second TP double SL.



















The best Currency pairs:
the ones that involve the USD
all YEN crosses (EUR JPY, GBP JPY, AUD JPY  etc).

Good Luck