Daily 100Pips Scaper System Indicator

5 comments
The “100 Pips Daily Scalper” is a software for scalping trading -  complete trading tool designed for SCALPING TRADING on 1 minute (optimal) and 5 minutes timeframes successfully and consistently.
The indicator is ultra profitable and can generate 100+ pips daily if used correctly. We advise that you read and make sure you understand the entire system before putting it into practice. Experiment and gain experience in demo accounts before trading with your own money.

We have used a brand new advanced technology ( summer 2011)  that reduces the main scalping problem (short FALSE signals) by 60-70% compare to any other scalping software. It will give you fantastic signals 15-70 pips per trade!
You can expect 20-40 signals a day!
The main principle of the indicator (All in one!) is:
- 2 secret custom indicators,
- bb + stoch (as filters),
- price action scalping system.
All in 1!
The   hit   rate   of   the   indicator   is   about   75-85%   in   most   currencies   if   used correctly..


If you find that you need   further   help   or   have   any   questions,   do   not   hesitate   to   leave a comment.We wish you great trading success, click this link to reveal free download link from ziddu Daily 100pips Scalper Indicator.

Daily Elliott Wave Strategy EURUSD - Downside Nesting or Larger Consol

1 comments
Following the strong 3 wave decline from the 1.4940 peak earlier in the year or A wave on the Weekly Perspective, the Euro is settling into a larger B wave consolidation pattern in the 1.3145 to 1.4245 region. With the strong counter trend upside reaction to 1.4245 in a 3 wave format our favored view is for a contracting triangle pattern. Typically the B wave in this formation offers a deep retracement and in this case we have seen a 90 percent pullback to 1.3210. As the minor C wave in this drop has taken a diagonal price pattern, we remain bullish for an upside break of the 1.3610 pivot to allow a C wave swing to the start of the formation at 1.3865 that coincides with a 61.8 percent of the A wave target of 1.3900. This would still further contracting 1.3260 to 1.3900 range trade before the eventual downside break to the weekly 1.2925 target and possible even a test of 1.2625 monthly up channel support. Only a direct loss of 1.3210 would negate the consolidation theory and direct drop to the 1.2925 target.(see below)

EUR-USD ELLIOTT WAVE COUNT ANALYSIS

0 comments
The corrective process from the 1.4045 trend sequence low is progressing well. It has broken the previous high at 1.4250 and the downtrend and is holding a solid updrift. Indeed we are close to completing a 3 wave move with a C=A terminus of 1.4325 (using AB=CD harmonic pattern). However given the 8 day decline from 1.4965 that would look a little too small. In the daily perspective we are looking for a 4 day reaction to the 1.4390-1.4420 area. Thus we must allow for the almost completed 3 wave move to be only A of a larger correction. This leaves the risk marginally higher to 1.4325 before down in either a B wave or possibly trend. A B wave would probably hold 1.4120 for a rebound to the 1.4390-1.4420 target. A direct loss of 1.4045 would confirms the downtrend has resumed. Thus venturing short around 1.4325 should cover both options.
Chart extracted from Elliott Wave Analysis
Failing to pree on after breaks to new highs leaves the Euro vulnerable to a reversal to  1.4160 + possible lower. Over 1.4310 opens way to 1.44xx

Count Elliot Wave EURUSD should reach at least 1.5

2 comments
This is EURUSD pair projection based on Elliott Wave analysis, the level 1.5140 should be reached before current rally pullback. This 1.5140 is also the target of FX strategist of MIGBANK. The screenshot was taken on 29 April and I have entered a LONG position at 1.4829. But 1.5000 is an important psychology level and I believe there are many pending Sell Limit Order ready here so I will put my Take Profit a bit lower: 1.4990, and will consider entering Long again around 1.48 - 1.4750 area afterward.
Currently there is no reliable software, tool, or indicator can count Elliott Wave precisely, everything is subjective. But there is one exception you can rely on, the above analysis is extracted automatically from Elliot Wave Analysis Counting Software.

mt4 Harmonic pattern detector indicator

6 comments
Are you tired of struggling with technical analysis ? Ready to start making money in forex consistently with the simple proven strategy ? The fact of the matter is making money in forex isn’t hard, difficult or complicated when you have the right tools so you are no longer blind to the best trades. When you use Harmonic Trading Indicator, you’ll know precisely when to make your move (read more on Harmonic Trading accuracy ratio). When you see the pattern in bold you trade, if the pattern isn’t there you don’t trade, it couldn’t be simplier. In this way you profit from the proven “best trades” and you ignore the vast majority of losing trades. No steep learning curve, no technical analysis is required. Look at the below chart (taken on 25 Mar 2011), do you see the amazing, highly profitable trade setups ? 1,2,3 or 4 setup? Hard to tell isn’t it ?
How many Harmonic Pattern Setup can you recognize ? Can you see 5 of them ?


See them below, there are total 5 Harmonic Patterns in this chart : ABCD, Butterfly, Bat, and Triangle (abcde). Note there are two butterfly patterns, and the indicator help you distinguish them by applying different colour, click the image to open a bigger one. It's increditble isn't it ? !!
Mt4 Harmonic indicator can detect ALL pattern types
Do you like this indicator ? Of course yes ! I myself like it very much ! If you do have a similar indicator, check your EURGBP weekly chart if it can help you fully detect ALL patterns or just 1 or 2. If so then your indicator is not properly configured to display all available patterns, you may miss many opportunities ! Mine is from this link Mt4 Harmonic Pattern Detector Indicator

Gold Bull Charge Tempered by "Muleta" Standoff

0 comments
Special Technical Focus on GOLD.
Gold's phenomenal bull charge which has risen over 468% since 1999 is now starting to unwind after being tempered by a “muleta” standoff. Akin to traditional Spanish bullfighting, a “muleta” or small red cape is raised in order to tire the animal‟s charge and offer a beautiful display of “faena”. The yellow metal has been locked in a critical standoff ever since it carved out its all-time record high at $1431 and is currently showing signs of rolling over. Point & Figure charts highlight a price squeeze within a range between $1430 and $1320 (see Figure 1). A break in either direction has the potential to drive a 20% change in the price of gold. The probabilities are now skewed for an extended downside reaction.
The Trend is your friend, until… Nine-consecutive years of higher reaction highs and lows has elevated gold to a unique stardom within technical analysis record books (see Figure 1. chart insert). With such a high caliber breed of bull, it would only be natural to believe that prices continue to run in a straight line. However, veteran market observers know that such accelerated price moves, no matter how robust, inevitably prove to be unsustainable in the short term. The aftermath of gold‟s previous bull cycle, between 1969 and 1980 (which has an 11-year time pattern that coincidentally mirrors the current secular uptrend that launched in 1999 and peaked in late 2010), acts as an extreme, but noteworthy omen to how market‟s can avalanche from mountainous peaks.
Figure 1. Point and Figure chart illustrates the primary and secondary trend in gold and its current "muleta" standoff between $1430 and $1320. Chart insert (i). Annual candle chart exhibits nine-consecutive years of higher reaction highs & lows. Chart insert (ii). Gold bull-cycles past and present, mirroring 11-year time patterns.
A confluence of important exhaustion signals were generated by Tom Demark‟s TD Sequential indicator across monthly, weekly and daily time fractals (Figure 3). The daily chart highlights that TD Sequential generated Red 13 exhaustion sell signals on two different countdowns within the current multi-month distribution pattern (head & shoulders/triangle). A break below $1320 would confirm the reversal pattern and unlock an extended downside slide in gold.
Further bearish evidence can also be seen on the monthly chart which is currently developing a bearish engulfing candlestick pattern from the all-time record highs, following five consecutive higher reaction highs and lows. A sustained break below $1320 would completes a potential Primary degree impulsive third wave within an Elliott Wave structure. The tendency for cycle alternation favours a sharp corrective fourth wave (opposite to the wave two sideways correction in 2001), which would help develop an important low for 2011. This potentially offers a rare buying opportunity for what is likely to be the most profitable future rise in gold to come.
Figure 2. Time Fractals of Monthly, Weekly and Daily charts showing a confluence of exhaustion signals derived from Tom DeMark's TD Sequential indicator. Monthly chart also has Kase Dev stops overlayed for potential levels to take profits or exit potisions
Conclusion
Gold's primary trend remains intact, but even the strongest of bulls need to stop for a healthy siesta. The “muleta” standoff is likely to leave an important signature on the precious metal‟s roadmap and offer virtuous lessons to investors at large. To profit from gold‟s awe-inspiring rise, we must first learn to respect the nature of its “yin-yang” behavior, just as a “Torero” would respect the beauty and tenacity of a raging bull.
To do this we need to accept the market‟s highly volatile, double-edged, characteristics and enforce disciplined management of risk. Astute trailing stop strategies such as Kase Dev Stops, help protect from sharp trend deviations and can provide short to medium-term profit taking opportunities. Watch for levels at $1240, $1181 and $1111 which are statistically calculated from gold‟s current monthly „true range‟.
Any corrective setbacks are likely to be tentatively cushioned into the $1280-60 confluence zone (primary trend-channel support, 200-day MA, 61.8% Fib retrace) and $1220 (reversal pattern objective), with risk for an overshoot back to the July 2010 lows at $1157. This would be just shy of a 20% correction from the all-time record highs. These moves should provide bulls with adequate re-fuelled energy for another charge onto much higher altitudes. Remember that it will more than likely be gold‟s strongest ascent, as characteristic of the fifth wave structure (the equivalent to Dow‟s primary stage three, irrational exuberance, parabolic “excess”, within a long-term bull market cycle).
Confirmation above $1500-20 (secondary uptrend ceiling), offers moves to $1830 (P&F target), with eventual acceleration to the next psychological glass-ceiling at $2000 and beyond. By this time, further tailwind will likely be offered by significant weakness on the US dollar as its major downtrend resumes and other fiat currencies continue to underperform. Moreover, the weak relative performance of key asset classes and renewed increase in the overall secular uptrend across commodities, driven by rising demand and inelastic supply, will compound ample scope for the “barbaric metal” to stage its “grand finale” bull charge.
If you like this post, get our blog posts emailed directly to your mailbox for free! Join our subscriptions Forex Trading Currency by filling your email.

Candlestick Pattern Recognition Indicator

4 comments
If someone told you they had uncovered a 300 year old secret that had the potential to bring great wealth, would you listen?
Candlestick charts are said to have been developed in the 18th century by legendary Japanese rice trader Homma Munehisa. The charts gave Homma and others an overview of open, high, low, and close market prices over a certain period. This style of charting is very popular due to the level of ease in reading and understanding the graphs. Since the 17th century, there has been a lot of effort to  relate chart patterns to the ldata points instead of one. The Japanese  rice traders also found that the resulting charts would provide a fairly reliable tool to predict future demand.
Image and video hosting by TinyPic
- You DON'T need to memorize this patterns
- With our MT4 indicator patterns will be automatically shown to you on any chart

- It indicates a higher chance of prices moving in it's direction
- It will print a colored text so that is easy to see if pattern signal is bullish(buy) or bearish(sell)

- It recognize 25+ candlesticks patters. Strong Reversal
patterns, Weak Reversal patters,   Continuation of a trend patterns!
 
-NEW - You can now choose what patterns you want to see on chart! So no need to memorize which is strong, weak or continuation pattern anymore.
- It DOES NOT repaint! Once candle closes forming a pattern arrow NEVER disappear!

For everyone who like to use candlestick analysis for their trading, our indicator shows itself to be very handy tool in your indicator collection. It automatically scans the charts, no matter on which timeframe you put it on and it will show you exactly where there are specific candlestick pattern formations such as the Shooting Star, Evening Star, Evening Doji Star, Dark Cloud Pattern, Bearish Engulfing Pattern etc... The indicator is very easy to interpret by the user, it shows some abbreviated letters above or below the pattern and you can interpret these abbreviation through a legend which is found on the top left corner of your chart.


The settings of the indicator is pretty straight-forward. It allows you to turn alert On(true) or Off(false). When Alert is set to TRUE, each time the indicator finds a new pattern, it will sound an alarm. Remember: Candle reversal patterns are only valid when they form near significant support/resistance levels! You can add it with other indicators, for example trend line or fibonacci ratio...etc...

Candlesticks are pretty accurate though and if you develop yourself into this, it proves to be a worthwhile investment.


Learn To Find The Best Trades The Market Has To Offer!Remember that candlesticks never lie. Don't listen to people who tell you the market is bearish when the candlesticks are telling you exactly the opposite. Opinions can be wrong, but candlesticks are always right. Pay attention to what the candlesticks are telling you, and you can’t go wrong.
***Come along with Bonus : the very first product of legendary FX Trader Dean Saunders, the author of 10 minutes wealth builder, LMT Forex Formula, Forex PowerBand Dominator : Bonus: Dean Saunders 3 Blade Strategies + How to trade News like NFP .....

Instant download, only 19$, forever usage
 

Copyright 2008 All Rights Reserved Revolution Two Church theme by Brian Gardner. Converted into Blogger Template by Bloganol