Owner: chanel and triangle system strategy trading URL:http://chantri.blogspot.com/ Join Date: Sat, 19 Jul 2008 02:21:16 -0500 Rating:0 Site Description: Find out how to shake the market with channel and triangle system trading and why the paradigmas is the most thing that you need to know. Site statistics:Click here
Trend line tunnel 2008-07-10 04:36:22 Creating a support/resistance tunnel
on the price congestion and trading on the break of this tunnel is a milestone of Forex trading discoveries. This trading system/approach needs no indicators and can be applied to any currency and traded in any time frame where coiling in a tight range is spotted. Entry rules: Find consolidation on the chart and draw two horizontal trend lines – support and r
Trend Lines Breakout System 2008-07-10 04:32:09 Breakout systems like this are always in great demand. It is quick, easy and with a proper use has a true winning rate of over 90%. Currency pair: GBP/USD, EUR/USD - tested. Other pairs may also be used.Time frame: 1 hour.Indicators: none. Trading setup: For this Forex system to work properly a trader needs to know the basics of identifying swings high and low, rules of drawing trend lines, plus Read more:Breakout
, Lines
, System
Daily Range Projections 2008-06-20 01:05:08 Price movements during the next trading session depend on the correlation between the current closing and opening levels: if close < x =" ("> if close > open, then X = ( H + L + C + H ) / 2; if close = open, then X = ( H + L + C + C ) / 2. The forecasted high for the next trading session is: H+1 = X – L and expected low is: L+1 = X – H. If the next trading session opens within the Read more:Daily
, Projections
, Range
Sequential 2008-06-20 01:04:15 Sequential is a mechanical trading system developed by Thomas Demark. It consists of several stages: Setup; Requisite filter (Intersection); Countdown; Entry into the market; Position closing (exit). Setup Buy or Sold Setup is considered to be formed if within at least 9 consecutive bars, the closing prices are lower (higher) than the closing prices four bars preceding each bar Read more:Sequential
DeMarker Indicator 2008-06-20 01:02:41 First step in the calculation of DeMax ( i ) is to define on the basis of the following correlations: If the current bar's high is above the previous bar's high, and then record the difference. If the current bar's high is at the same level or below the previous bar's high, and then assign a zero value. If HIGH ( i ) > HIGH ( i - 1 ),then DeMax ( i ) = HIGH ( i ) - HIGH ( i -1 ),else De Read more:Indicator
Supply and Demand 2008-06-20 01:00:51 Prices of goods, commodities and exchange rates are determined on open markets under the control of two forces, supply and demand. The laws of supply and demand show that: High supply causes low prices, and high demand causes high prices. When there is an abundant supply of a given commodity then the price should fall. When there is a scarce supply of a gi Read more:Supply
TD Breakout Qualifiers 2008-06-20 01:00:51 Once TD-lines have been broken, a trader needs to define if the price breakout is true. Thomas Demark suggested TD Breakout
Qualifiers: The first TD Breakout qualifier. Downward breakout is considered true if the bar's close prior to the breakout is higher than the preceding bar's close: How to use the first TD Breakout Qualifier Upward breakout is considered true if the bar's cl
TD-Price Projectors 2008-06-20 01:00:51 When the TD Line breakout is identified as true, the next step is to set the breakout price targets, i.e. the levels which will be reached after the breakout.There are three methods to set these price projections after a true trend line breakout: TD-Price Projector 1 is not very precise in comparison to other projectors, but it is simple to calculate. In the case of an upward breakout, TD-Price P
Average Directional Index for Vtops and V Bottoms 2008-08-09 05:15:09 e have often described how the ADX (J. Welles Wilder's Average
Directional Index
) can be a useful tool for measuring the strength of trends. To briefly summarize our previous advice, we have found that when the ADX begins to rise it is telling us that a strong trend is developing.A rising ADX has proven to be a particularly reliable indicator after a market has been going sideways for a while and
The Elliott Wave Principle 2008-08-30 05:23:00 In the 1930s, Ralph Nelson Elliott
, a corporate accountant by profession, studied price movements in the financial markets and observed that certain patterns repeat themselves. He offered proof of his discovery by making astonishingly accurate stock market forecasts. What appears random and unrelated, Elliott said, will actually trace out a recognizable pattern once you learn what to look for. Ell Read more:Principle
The Parabolic Trigger for V Tops and Bottoms 2008-08-23 05:18:01 Our previous article about using the ADX for V shaped tops and bottoms was surprisingly well received. We had a great deal of very favorable feedback from our members who experimented with it. This very valuable pattern seems to do an excellent job of spotting major turning points in almost any market from Palladium to Natural Gas to Soybeans or even Lumber. This pattern seems to work extremely we
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