Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY

Attached Files

	###Auto Pivot.mq4 (15.2 KB, 5329 views)
	StochHistogram.mq4 (2.6 KB, 4435 views)
	MACDTraditional.ex4 (3.2 KB, 1752 views)
	imran_setup.tpl (8.5 KB, 1860 views)
	Laguerre-ACS1.ex4 (3.7 KB, 1829 views)
	5min_trade_strategi.2.pdf (308.4 KB, 3096 views)

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY

4 Hour Strategy (MACD)

I am using this 4 Hour strategy only for the last month as I have paper traded for 2 years trying everything and or system I could find. (I am trading equities for almost 10 years)I have decided that I will only go live(after some losses-not to serious) after I have studied the field of forex and are satisfied that I have a system that works. I do believe that we are trying to make it to impressive and difficult. This system is simple and easy to understand. I have back tested and forward tested it over more than 200 trades and it gives 300+ pips per month. I never had more than two consecutive losses. I never use a stop loss bigger than 50. There are enough chances to ignore the ones bigger than 50.

I am using this strategy only on the EurUsd and the GbpUsd. Have not tested it on other.
I hope that you will find some use for it and that it put you on the road to financial independence.

	4 Hour MACD Forex Strategy.pdf (635.2 KB, 17481 views)
	Planning your Trade.pdf (92.9 KB, 37406 views)

INTEREST RATE SEESAW OF SUPPLY AND DEMAND

???							???
Strongest			Weakest

WHY IS IT IMPORTANT?

Watching which economies are offering higher interest rates can help you project where global investors are going to be moving their money and which currencies will be increasing in value.

Global investors are always looking for the best return on their money. If an investor can earn 5 percent holding his money in Economy A, and he can earn 2 percent holding his money in Economy B, he is naturally going to choose Economy A.

As investors begin moving their money into Economy A to take advantage of the higher interest rate, demand for the currency of Economy A goes up. As demand goes up, the value of the currency also goes up. If you can identify which currencies will be increasing in value, you can buy those currencies and increase your profits.

INTEREST RATE SEESAW OF SUPPLY AND DEMAND

???							???
Strongest			Weakest

WHAT DOES IT MEASURE?

The Interest Rate Seesaw of Supply and Demand measures the strength and weakness of each economy's prevailing short-term interest rate. These rates are controlled by the following central banks:

• United States---U.S. Federal Reserve (Fed)
• United Kingdom---Bank of England (BOE)
• Eurozone---European Central Bank (ECB)
• Switzerland---Swiss National Bank (SNB)
• Japan---Bank of Japan (BOJ)
• Canada---Bank of Canada (BOC)
• Australia---Reserve Bank of Australia (RBA)
• New Zealand---Reserve Bank of New Zealand (RBNZ)

TOTAL FUNDAMENTAL STRENGTH

???							???
Strongest			Weakest

WHAT DOES IT MEASURE?

Total fundamental strength measures the cumulative strength of each currency based on each of the following fundamental factors, or seesaws:

Interest Rates Seesaw	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Yield Curve Seesaw	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Ten-Year Government Bond Yield Seesaw	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Equity Market Yield Seesaw	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Daily Seesaw of Relative Strength	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Weekly Seesaw of Relative Strength	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Monthly Seesaw of Relative Strength	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Quarterly Seesaw of Relative Strength	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?

GBP/JPY: On Its Way Down Below 215.00?

Carry traders have been wincing as the GBP/JPY has been declining during the past few months. Elevated risk levels have been sending the value of the Japanese yen (JPY) through the roof, and we're all wondering when/if the pain is going to stop.





The GBP/JPY has been steadily climbing since late 2000---making many carry traders too complacent. If they don't wake up soon, they're going to lose a lot more money.

Preview - Fresh Multi-Year Lows Expected for Permits, Housing Starts

Tuesday marks the busiest economic calendar day for this traditionally less volatile pre-Thanksgiving US holiday week. In addition to detailed minutes of the last FOMC decision, where a less dovish than previously expected statement has likely signalled the Fed on hold for the rest of 2007, a fresh set of numbers assessing housing activity in the month of October will be released. Markets are anticipating 1.17 million in housing starts and 1.20 million building permits, both below September's 1.19 million and 1.26 million figures respectively.

The forward looking nature of these numbers make them particularly crucial with investors looking for a bottom in the housing downturn. Housing starts measure the number of residential units on which construction has commenced, while building permits are required in some parts of the country to break ground, thereby generally leading the starts as the two measures trend together (attached chart).

At this juncture, there is little doubt left that the overall economy in 2007 has been marred by a severe housing recession. However, there are some encouraging signs suggesting that the pace of deterioration in housing activity may be slowing. Housing Market Index released today suggested a pause to a freefall, with this month's figure on par with that of last month. Additionally, pending home sales data for September released just last week unexpectedly ticked higher. Moreover, in spite of a drop in existing home sales for that month, new home sales saw an improvement from August. And whereas any rise in this traditionally volatile figure has recently been accompanied by an average price decrease, September's rebound was also accompanied by a jump in selling price.

Taking these factors into consideration, a rebound in both permits and starts would not be entirely surprising. In turn, this could diminish the likelihood of a December 11th Fed rate cut that has by now been fully priced in by Fed funds futures in spite of last week's hawkish Fed speak, taking the dollar higher.

Attached Images

Preview – Canadian CPI Critical For CAD

Over the last 10 days, the Canadian Dollar (CAD) has dropped a whopping 8.5% against is US namesake and importantly, the CAD dropped against all the major currencies by varying %age in the same period. This is in sharp contrast to the trend, which was seen in the first 10 months in 2007, where the CAD had an unprecedented 24% against the USD.

That sharp appreciation in the CAD now seems to be starting to show up in fundamentals for the CAD, which may result in some of those gains taken away. The CPI today and Retail Sales numbers tomorrow may result in a swing in markets expectations of an interest rate change from the BOC at its next meet on 04-Dec. Sharply negative numbers for both are likely to result in an ultra-dovish statement, if not an interest rate cut itself.

Currently, the CPI m/m for October is expected at 0.1%, down from 0.2% seen last month. The Core CPI m/m is expected at 0.1%, down from 0.4% last month. The most important number however, the BOC Core Inflation Index Y/Y is expected at 2.0%, unchanged from 2.0% last month, at its lowest since Aug-06. See the chart below with the expected number in Red.



Any number above 2.0% for the BOC Core Inflation Index would be an upward surprise and is likely to be greeted with immediate selling on USD-CAD. On the other hand, a number below 1.9% would see USD-CAD rally, as the speculation of a rate cut from the BOC would increase. An immediate sharp move expected from the release of the data, would make short term trading extremely tricky. Hence, short term trades should be done after looking at the numbers.

Technically USD-CAD seems to have bottomed out at 0.9068, which is likely to hold for atleast 2-3 months, if not more. As such, the short term trend for the pair is bullish, and dips are likely to find buying while it trades above 0.9400. The immediate Resistance is at 1.0000. A rally above that could lead to further year end short covering - profit taking from longer term players, which could result in a rally towards 1.0200. However, the latter would require fundamental backing as well to sustain. Nevertheless, the near term bias for the pair is bullish, and buying dips should be considered while above 0.9400.

INDICATOR PERCUMA(FREE INDICATOR)

1.system Brain Trading
Attachment:
1000 MT4_Indicators.zip [1.4 MB]
Downloaded 198 times

Cara-cara nak guna System Brain Trading ni..

1 ) Copy dan Paste 13 files "exe" tu dalam folder indicator.
cth: c: program file/Straighthold Trader/expert/indicator. paste dalam folder ni.

2 ) Copy dan paste 1 file "TPL" dalam folder templates.
cth: c: program file/Meta Trader/templates. Paste dalma folder ni

3 ) Restart Platform Meta Trader.

4 ) Kat Platform Meta Trader tu, cari templates, pastu cari "winning_signal_v.91 pastu klik. Templates dalam Platform Metra Trader tu kat atas sebelah kanan,sebelah jam kecik warna biru.

2.Dolly system.

Attachment:

Dolly_Graphics_v10_BT2.rar [9.35 KB]
Downloaded 83 times
- Guna TF 30

3.Stoch, Pivot & trendline
ile comment: pivot indicator
Pivot2.zip [1.36 KB]
Downloaded 48 times

FREE INDICATOR

system Brain Trading
1000 MT4_Indicators.zip [1.4 MB]
Downloaded 198 times

Forex Market In General

Forex trading is conducted in the foreign exchange market, otherwise referred to as the forex or FX market. This is the largest financial market in the world, with an estimated daily average turnover well in excess of US$1 trillion. A foreign exchange rate is the relationship between two currencies, which means the amount of one currency that would be required to buy (or sell) one unit of another currency. Currencies are quoted in pairs, e.g. Euro/US$ = EUR/USD, US$/Japanese Yen = USD/JPY, etc. Forex trading involves a foreign exchange transaction, defined as the simultaneous buying of one currency and selling of another currency.
The foreign exchange market entered a new phase in 1971 when the Bretton Woods accord, which was characterized by fixed forex trading rates, was abandoned. This led to a new forex trading system of floating rates and opened a new world in foreign exchange.
Forex trading is said to be a 24-hour, 5 day a week market, starting each day in Wellington, NZ and then moving around the globe as the business day commences in the next financial center. This rotation includes Tokyo , London , and New York . This allows foreign exchange market participants to react to news, whether it be economic political or social, 24 hours per day. Unlike other markets, such as stocks or futures, forex trading does not involve a central exchange and is considered to be an over the counter market known as the interbank market. Most forex transactions are conducted between two counterparties via the telephone or over an electronic network, such as the internet.

How to spot a trade opportunity:

Buy/Sell signals:
After you get the two signals (Arrow & QQE 60 cross signal) you enter after the QQE5 or QQE1 cross the 50 line.

• Only take the short trade if the signal generates below the Daily Pivot level.
• Only take the Long trade if the signal generates above the daily pivot level.

Exit:
If QQE5 cross to the opposite direction you must exit the trade.

Re-enter:
You can re-enter a trade when QQE1 touch the 50 line and cross back towards the QQE60. When you get the proper entry set up, check for the 1hr momentum. If the 1hr momentum and 15 min Momentum on the new confirmation bar shows a very promising trend continuation (45 Degrees plus bent) you don’t have to wait until the 5 SMA touches to enter.

Stop Loss:
60 pips SL is closest support or resistance around 60pips

Take profit:
100 pips

15 MINUTES STRATEGY

Indicators:
a). Simple Moving Average
Values: 5 close 100 close
b). Gann Hi Low Activator
Values:10
c). Level stop Reverse
Values:Use ATR mode True Non-ATR stop pips 40 ATR Periods 28ATR Multiplier 2.0 ATR Smoothing 0
D).QQE on 1min and 15 min time frames (3 indicators)
Values:Smoothing Factor 60 (QQE 60) Smoothing Factor 5 (QQE 5) Smoothing Factor 1 (QQE 1) CLICK HERE FOR INDIVIDUAL QQE SETTINGS
E) MOM – Momentum
Value: 10 Close
F) Daily Pivot points at start times
Values: Pivot set 1 = Daily (1=daily, 2=weekly, 3=monthly) only applies to MT4. For VT you would use the "Pivot Point (Daily)" indicator Asian 1900EST 2400GMTLondon & US 0300EST 0800GMTUS (after London close 1100est) 0800EST 1300GMT
Change your Daily setting for the start of every session.
G) Trading Hours
Values: 4am GMT to 1500 GMT only

Auslanco 15min GBP/JPY startegy
Developed by Spanishfly based on my original 4hr/1hr MTF strategy.15 min (Intra-day) GBP/JPY for VT charts . Charts can be downloaded free via http://www.vtsystems.com/)a).Simple Moving Average 5 closeb).Gann Hi Low Activator 10c).Level stop Reverse version 2 Values : ATR Periods 9 ATR Multiplier 3d).QQE alert Values: Smoothing Factor 60Buy : Wait for the two buy alerts.(Green arrow and Blue dot). Buy when the price hits 5 SMA after the two signals.Stop Loss: Right below the confirmation bar on the Gann Hi low Activator line.Take profit: Calculate the distance between OPEN price of the confirmation bar and the price of the Gann Hi low Activator(TFT line) at that point and multiply it by 2. (twice as your stoploss )My TP targets are as follows and an example of lot allocation(total lots 5): 1st TP: 2 X Stoploss (4-Lots)2nd TP: Reverse signal confirmation(1-Lot) Total profits for 5 days live forward testing (since 26/August) : 923 pips on TP1 (7 trades) 6 wins 1lossThis strategy is currently on Forward testing stage. Please demo trade this at least for 2 months

4 Hour Strategy (MACD)

I am using this 4 Hour strategy only for the last month as I have papertraded for 2 years trying everything and or system I could find. (I am trading equities for almost 10 years)I have decided that I will only go live(after some losses-not to serious) after I have studied the field of forex and are satisfied that I have a system that works. I do believe that we are trying to make it to impressive and difficult. This system is simple and easy to understand. I have backtested and forward tested it over more than 200 trades and it gives 300+ pips per month. I never had more than two consecutive losses. I never use a stoploss bigger than 50. There are enough chances to ignore the ones bigger than 50.I am using this strategy only on the EurUsd and the GbpUsd. Have not tested it on other.I hope that you will find some use for it and that it put you on the road to financial independence.
Attached Files
4 Hour MACD Forex Strategy.pdf
Planning your Trade.pdf