PZ Lopez Trend Indicator - forex trading business model

PZ Lopez Trend Indicator ~ forex trading business model

PZ Lopez Trend Indicator

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Anatomy of the indicator

The Pz Lopez Trend indicator displays a colored line surrounded by a price band. The colored line is the mean price of the security, and the price band represents the overbought/oversold levels. If the mean price is blue you should be looking for long trades when the market is not overbought, and if the mean price is red, you should be looking for short trades when the market is not oversold.

There is a myriad of strategies which can be developed using the Pz Lopez Trend indicator, being the simplest of them a reversal system which trades only when the close price hits the mean price or the bands, thus avoiding trading when a sudden spike or correction takes place and the market is panicking.

The rules can be summed up as follows. Buy during an uptrend when the price hits the mean price or oversold band, and sell during a downtrend when the price hits the mean price or the overbought band. This simple strategy will keep your losses to a minimum when the market is flat or jumpy.

However, you can create your own trading strategies, as long as trades are taken inside the bands or close to the mean price. Almost any indicator can be useful in conjunction with the Pz Lopez Trend indicator without altering the value it provides: isolation from market noise.

Additionally you can fine-tune the entry strategy using other discretionary price action ingredients, such as false breakouts, pin bars, fractals, candlestick patterns or breakouts. Just make sure not to buy above the overbought level, and not to sell below the oversold level.

Free Download PZLopezTrend.rar :

PZLopezTrend.ex4

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PZ Wolf Waves Indicator - forex trading business in pakistan

PZ Wolf Waves Indicator ~ forex trading business in pakistan

PZ Wolf Waves Indicator

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Definition of Wolfe Wave

It is a naturally occurring trading pattern present in all financial markets. The pattern is composed of five waves showing supply and demand and a fight towards an equilibrium price. These patterns can develop over short- and long-term time frames such as minutes or weeks and are used to predict where a price is heading and when it will get there.

Anatomy of a Wolfe Wave

If identified correctly, Wolfe waves can be used to accurately predict the scope (equilibrium price) of the underlying security and to anticipate price reversals which are likely to cause big price movements.
To identify Wolfe waves, they must have the following characteristics.

o    Waves 3-4 must stay within the channel created by 1-2

o    Wave 1-2 equals waves 3-4

o    Wave 4 is within the channel created by waves 1-2

o    There is regular time between all waves

o    Wave 5 exceeds trendline created by waves 1 and 3 

How to trade using Wolfe Waves

Wolfe Waves are amazingly easy to trade! The trade must be taken when the price closes above the trendline created by waves 1 and 3, and the last point of the wave should be used as a protective stop-loss.

The PZ Wolfe Waves indicator implements a trading filter which delays the signal until a price-based breakout takes place in the direction of the wave, making trades 99% deterministic and increasing the profit factor.

Because the indicator uses tops and bottoms to draw wolfe waves, the last leg of the wave must always repaint. However, the trading signal is based on the breakout of the trendline created by waves 1 and 3 and therefore trading decisions are deterministic and almost never repaint.

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Forex weekly techical analysis - forex trading business plan template

Forex weekly techical analysis ~ forex trading business plan template

Forex technical analis
I will post here my weekly technical analysis on popular currencies pairs.
Today i will cover USD/CAD so lets get started, look at the daily chart

Not much to talk about but we can get clear picture of what is going on, this pair is currently heading down and is near the resistance level, so it will be proboably go down as this is very strong resistance (tested many times). Now look at MACD histogram, the divargence is very small it indicates that bull momentum is very weak, so i think USD/CAD will stay bearish.
Now lets look at 4H chart



-Check out trendline, it was hit 3 times so it is quite important trendline
-Now look at Fibbonaci retracemnet last bull move was retraced to 66%, and it looks like this resistance level was strong enough to defend itself
-Look at RSI i put a trendline on it and we can clearly see that RSI is also in bullish trend

So putting it all together i think we will have short term bullish run back to 1.1725+-25 pips and then double top on 4H chart will be formed which ofcourse mean trend reversal and market will become bearish.

Quick fundamental analis.
CAD is strongly correlated with oil price wich is heading up, so CAD will most likely get stronger and stronger, on the other hand USD is also heading up but it is not as strong as CAD is.
So there is high probability of bearish trend.

What to do?
This is what i will do, but keep in mind that no one knows where the market is going so i can easily be wrong.
I will take long position near the resistance level about 1.16 and put stop loss based on 15M chart so you have to do it yourself but i wont make it more than 30pips away from opening price, and i will put take profit somwhere about 100 pips away from open price proboably 1.1725.
When the bullish move will end i will wait for a trend reversal candle (1D chart).

So this is it, waiting for your comments.

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MARKETSCALPER PRO EDUCATED - forex trading business card

MARKETSCALPER PRO EDUCATED ~ forex trading business card

MARKETSCALPER PRO EDUCATED

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MMarketScalper PRO Educated very quickly attracted the attention of a large number of traders. And all because it shows very good results in trading on the foreign exchange market. MarketScalper PRO is universal and can be used to trade on all pairs, but better to give preference to pairs with a high volatility.

Characteristics of MarketScalper PRO Educated

Platform: Metatrader4
Currency pairs: Any
Trading Time: Any
Timeframe: Any
Recommended broker: Alpari

MarketScalper PRO is very easy to use. It is only necessary to follow the signals of the indicator. Up arrow - Buy entry, down arrow - Sell entry:.

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Forex Arcanum easy signals - forex trading business in india

Forex Arcanum easy signals ~ forex trading business in india

Forex Arcanum easy signals

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The system is comprised of two parts.
The first one is investors’ levels of interest. The levels are represented by horizontal lines on the chart. Thick line shows us long-term interest. Thin line shows us shortterm interest.

Thick line (1) shows us a long-term interest. Investors were interested in activity around that line throughout the past several days/hours (depending on the TF we chose). 
Thin line (2) shows us a short-term (current) interest. Investors have been making transactions around that zone throughout the past several minutes or hours (depending on the TF we chose).

How to use it practically?
It is very simple. The lines’ arrangement tells us about the currently dominating sentiment on a given .  Thin line under thick line – bear market – we sell. 
The second part of the system is an algorithm that analyzes prior behavior of the price and on its basis calculates probable places for further movement.

SL order should be placed at the last swing high (for sell trades) or at the nearest resistance level (if close).

Where to put a TP order :
Firstly, take note of the trade momentum. Does the price move dynamically or does it remain in one place for a long time? Based on that, you can determine your expectations as a simple R:R balance.

An open order that generate profit can be secured by a BE order. For example, if your trade generates profit of 1R and the price moves very dynamically, you can use a BE order which will secure this transaction in case the price reversal. 
Also remember that BE can sometimes deprive you of potential profit, as it sometimes happens that a price take a significant turn and then gets back to its trend.

– m1 timeframe: FXAMscalp.tpl 
- m5, m15 timeframe: FXAMdaytrading.tpl 
- h1 timeframe: FXAMswingtrading.tpl

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