Fx-Technique » Fx Techniques

Harami Cross

cymoo — Tue, 15 Jun 2010 06:16:54 +0000

Harami Cross is a moderately reliable candlestick pattern which indicate the reversal of existing trend. Harami Crossresembles harami, the only difference is that in Harami Crossthe second day candlestick is a doji. The doji candlestick is completely lies inside the real-body of first day candlestick. Bearish Harami Cross formation occurs at the top of an uptrend and indicate the beginning of a downtrend. This formation includes a long bullish candle on first day followed by a doji on second day.

BuyBer.com

Bullish Harami

cymoo — Sun, 30 May 2010 15:41:00 +0000

A candlestick chart pattern in which a large candlestick is followed by a smaller candlestick whose body is located within the vertical range of the larger body. In terms of candlestick colors, the Bullish Harami is a downtrend of negative-colored candlesticks engulfing a small positive candlestick, giving a sign of a reversal of the downward trend. A long 1st day with high volume in the existing downtrend brings complacency to the bears. The next day trades in a small range within the previous day’s real body. Light volume on the 2nd day should give rise to concern by the bears of an impending change of trend. Look for higher prices over the coming days, especially if the next day provides confirmation of a trend change by closing higher.

BuyBer.com

Forex THV V3 system

admin — Fri, 06 Mar 2009 12:11:56 +0000

Forex THV V3 system – Final Edition

source : forexfactory.com, posted by cobraforex

THV V3 Main Rules :-

1) Entry : Above Coral only long, below Coral only short.
Price crosses cloud – both Trix cross each other and have the same color.
Best and most secure trend confirmation is a cross of the fast Trix on the zero level.

2) Exit : Faster Trix changes color and/or touch of a known good resistance/support level.

3) Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 – 20 – 50 – -80) or a black cat that cross your screen

4) Stop Loss : please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.

5) This is a Multi timeframe setup, you don’t need to change anything jumping from one TF to the other.
We, the THV team proved it only on 1M and 5M. The 1M TF is only for extreme scalping and needs good FX skills !!!

More info and discussion can be found here.

Download THV V3 System Here
Download THV V3 Manual Here

Dynamite Brain Trend System

admin — Fri, 06 Mar 2009 11:36:46 +0000

Download Dynamite Brain Trend System Here

Download system here :-

http://rapidshare.com/files/126712648/dynamite_brain_trendsystem.rar

Setting Up OZFX System

admin — Fri, 27 Feb 2009 07:32:31 +0000

Setting Up OZFX System

Source : ForexFactory.Com

I can say many people agree that OZFX is a good system. For those who are still confuse in setting up this OZFX system, here’s a quick guide.

Setup:

* Open up a daily chart on EUR/JPY.
* Apply Bill Willams Accelerator Oscillator (AC).
* Apply Stochastic with setting 5,3,3 on top of AC. Use the template if dont know how to.
* Try and use demo MT4 from ODL securities. Every broker has different time when they start a new daily candle.
* ODL seems to have the time that works best. I only use their demo account for charts and place my trades on totally different broker.

Short Entry: RED AC below 0 and Stot below 0
Long Entry: Green AC above 0 and Stot above 0
Exit: OppsiteBuy/Sell signal or as per Money Management.
Filter: Apply 200SMA. If price is below 200SMA then only take short trades. If Price is above 200SMA then only take long trades.

Money Management:

* Trade with 5 Lots with Stop Loss 100 pips away
* Take Profit on 1st Lot at 50 pips. Move Stop Loss to Break Even (BE).
* Take Profit on 2nd Lot at 100 pips.
* Take Profit on 3rd Lot at 150 pips.
* Take Profit on 4th Lot at 200 pips.
* Let the 5th Lot run until you see an opposite entry signal.

The Risk/Reward ratio turns out to be 1:1 or better depending on your 5th Lot. Since we trade on daily and would only take
trades with high probability of success, 1:1 would work just fine.

If you choose to do back-testing then take special care for signals from late November to end of Dec. Low volume during this time
of the year creates wild swings.

My Challenge To You:
Spend 2 mins every day to analyze 8-10 of your favorite pairs. Demo it for 2-3 weeks and post the screen shots of your trades for everyone
to see and learn.

Whats In For Me?
It is time for me to Give Back. I learned a great deal from forums and thought there cant be another way to share something that can make
us all a lot of money. Plus I hope to learn from others on how to improve this system.

Up Next:

* Advance Entry Signals
* Advance Stop Loss(SL) and Profit Taking(PT)
* What pairs to trade and what corresponding Stop Loss to use?
* What are other tradable Time Frames?
* Squeeze-More An Intraday Strategy
* FAQ
* EA

Email Alerts:
You can also subscribe to free signals send out via email everyday around 7PM EST. Go Here:-

http://www.ozfx.com.au/subscribe/

Ill reveal more info about the system once I start to see more interest in this post from Forum members.

Download OZFX system:-

OZfx_Forex System