I hope you took this trade. It has earned 190 pips in a straight move making a low risk and fast money trade. If you want to know how I spot high probability trading opportunities read about the Trend/Wave/Extreme system here.

Why you should Sell EURUSD

Hi all . I hope that you took the buy trade as I pointed out yesterday. The price was at around 114.01 when i showed the trade and has now moved to 114.75 earning me 75 pips. What is also important is the fact that all the candles since that time ...

EUR/JPY Trading Room

EURJPY under 4hours has a good BUY setup that could give 200+ pips. - A solid Up Trend Line - Majority of Trend Indicators are pointing Up - Currently is under a down correction - Majority of extreme indicators are pointing it is oversold and hence ...

EUR/JPY Trading Room

Hey guys For all of you that want to use MACD systems I have created this indicator you can use for it. You can select which MACD periods you would like to use, and can see instantly what is happening with the MACD against 0, and the MACD against ...

4 Hour Strategy (MACD)

Hi Erebus. Yes you are right. It makes more sense. I have changed it to show the actual price when the crossover occurs. Thank you and enjoy your holidays. Fylaxtas

Yet another moving average crossover system

Has anybody thought/tried using a reverse trailing stop. A trailing stop for when being in loss to try reduce losses. Let's say the market is moving against you and you set a reverse trailing stop of 20 pips. As the market moves against you the stop ...

How to rescue a losing position?

Hi Erebus Yes for 5-digit brokers you just enter the pips value multiplied by 10. If the crossover occurred 30 pips above the market price what is the problem with this ? I fail to get your question. Thank you

Yet another moving average crossover system

Take a look at the EURAUD as well guys. Good sell opportunity arising under the 4-Hours. -Trend indicators and chart pattern show a down trend forming. -Currently the pair is under an Up correction shown both by the wave(short term trend) indicators ...

Aussie Trading Room and Cartoons Gallery

There is a good Buy opportunity here under the 4-Hours -Trend indicators are pointing UP - Extreme indicators are in oversold region. - The chart also shows that the down correction is over and as there has been 2 consecutive Up candles (4 so far) ...

USD/CHF

A good sell opportunity is arising under the 4-Hour timeframe. -Trend indicators are pointing down -Wave (Short Term) indicators are pointing Up indicating the pair is following a correction -Extreme indicators are showing overbought meaning it may ...

EURUSD

Good BUY opportunity arising under the 4-hours -The chart trend remains UP -Majority of trend indicators pointing down -Short term indicators (wave) are pointing down but it is in Oversold region Expect a rebound and rise (Provided Bank of England ...

Cable Update (GBPUSD)

Good BUY opportunity arising under the 4-hours -The chart trend remains UP -Majority of trend indicators pointing down -Short term indicators (wave) are pointing down but it is in Oversold region Expect a rebound and rise (Provided Draghi doesn't ...

EURUSD

I will be a buyer on this but not at the moment. Will want to wait till Monday. Looking at the 4hours -Trend indicators and chart pattern are pointing up . -Wave Indicators (short time trend) are pointing down and hence the pair is experiencing a ...

Cable Update (GBPUSD)

I see a good opportunity for a sell here under the 4-Hours -Trend indicators are pointing down -Wave indicators (short term trend) - Extreme indicators point overbought conditions. -The chart pattern shows a falling trendline that is currently on an ...

USD/CAD

You can check here my outlook on EURUSD and USDCHF for today as well as other major currencies how there indicators are forming up.

Daily Analysis and Indicators

Hi guys looks like a a good time to buy for me under the 4-hour time frame. -Several Trend indicators are pointing up as well as Short Term indicators (wave) pointing up. -In addition a couple of indicators are pointing oversold. -Finally the chart ...

EURUSD

Hi again. I tested 50, 20 in 15 minutes, where a crossover had occurred and I did get the alerts fine. We just need to wait for one to occur under 1 hour I guess to check. Another reason I can think of is the following. -Maybe the crossover had ...

Yet another moving average crossover system