Forex Strategy : "Multi Trend Signal MT4 Indicator".

As you can see on image above this indicator calculate trend on all time frames using 9 indicators: ADX, RSI, MOM, CCI, OsMA, MACD, SAR, WPR, MA.

And there is general trend (M15, M30, H1, H4 and D1 time frame), it’s calculated by combination previous 9 indicators. It’s very helpful MT4 indicator.



download - right click SAVE AS

source: The indicator is available for free on some free forex websites.

Forex Prediction For December 21, 2011.

EUR/USD
(last price: 1.3108)
BUY first , entry = 1.3087, SL = 1.3071
then SELL , entry = 1.3071

GBP/USD
(last price: 1.5682)
BUY first , entry = 1.5667, SL = 1.5623
then SELL , entry = 1.5623

AUD/USD
(last price: 1.0091)
BUY first , entry = 1.0079, SL = 1.0027
then SELL , entry = 1.0027

USD/JPY
(last price: 77.85)
SELL first , entry = 77.78, SL = 77.88
then BUY , entry = 77.88

USD/CHF
(last price: 0.9298)
SELL first , entry = 0.9308, SL = 0.9321
then BUY , entry = 0.9321

GOLD (XAU/USD)
(last price: 1623.25)
Probability = Move up (first) is higher

To trade in Forex, better to use Trailing Stop 20 points as your TP, and Max Risk < 3%.

Forex Prediction For December 20, 2011.

EUR/USD
(last price: 1.3009)
SELL first , entry = 1.2990 , SL = 1.3010
then BUY , entry = 1.3010

GBP/USD
(last price: 1.5518)
BUY first , entry = 1.5524, SL = 1.5506
then SELL , entry = 1.5506

AUD/USD
(last price: 0.9928)
SELL first , entry = 0.9886, SL = 0.9924
then BUY , entry = 0.9924

USD/JPY
(last price: 78.04)
BUY first , entry = 78.06 , SL = 77.99
then SELL , entry = 77.99


USD/CHF
(last price: 0.9370)
SELL first , entry = 0.9365, SL = 0.9373
then BUY , entry = 0.9373

GOLD (XAU/USD)
(last price: 1599.35)
Probability = Move up (first) is higher

To trade in Forex, better to use Trailing Stop 20 points as your TP, and Max Risk < 3%.

Market Review For 12.12 - 16. 12, 2011.

Last week the US dollar was in a high demand in the market, which allowed the U.S. currency to strengthen against its major competitors. In particular: on Monday the U.S. dollar strengthened against the most major currencies together with the increased demand for safety assets. Moreover, another reason supported that outgrowth due to the expectations of tomorrow's negative report on Germany’s investor confidence. That report could have shown the reduction in investors’ confidence in European economy, which in turn was supposed to result in increased demand for safe-haven currencies, like US Dollar and Japanese Yen. On Tuesday the positive trading dynamics of greenback set due to market participations’ anticipations of the EFSF auction. The market participants expected negative sales in connection of the possible reduction by Standard & Poor's agency the highest rating of the leading EU countries. Day after the FOMC meeting, on Wednesday the American dollar accelerated its bullish trend against major currencies .The Federal Reserve, despite the optimistic assessment of the American economy, also noted the " significant hidden risks."At the end of the week the dollar had support due to negative dynamics of U.S. stock markets against the background of the announcement of rating agency Fitch, which placed ratings of Belgium, Spain, Slovenia and Italy to the list for review.

The Euro started out its last week  with a sharp move lower against the most major currencies in anticipation of auction of Italy’s government bonds. The expectations were negative amid spread fears of the debt crisis in EU countries. Also, the pressure on the Euro currency had to do with investors’ concerns about the potential consequences from the disagreement between the UK and EU leaders’ arrangements on the last Friday’s summit. The EUR/USD pair suffered big drop to $1.3182 at the end of the European trading session. On Tuesday, the Credit rating agencies continued to criticize the results of the European summit and reinforced worries that the agreement would not be sufficient to contain the EU debt crisis .The report of the German institute ZEW, which recorded a growth of business confidence of the largest euro zone economy and the EU as a whole in the first over the past 10 months, positively supported the dynamics of trading of the Euro currency and the EUR/USD showed its daily high at $1.3235 level. On Wednesday the European countries were preparing to sell bonds on the background of the deteriorating situation of the debt crisis in the EU region. The EUR/USD pair consolidated at $1.3030 level during the Asian trading session. At the auction, despite the high demand for Italian bonds, the average yield was 6.47% vs. 6.29 for a similar previous release. The EUR/USD couple dropped under the $1.3000 mark at end of the European session against the persistence of concerns about worsening debt crisis in EU. Thursday’s  Asian trading session, especially its second part, showed us the outgrowth of the Euro currency. The EUR/USD pair rose on the positive anticipations of the Spain government bonds auction and had rallied to its session’s highs of $1.3034 level at the end of the session. However, the resistance of this level proved futile and the couple pulled back down to test the $1.2960 support level. The result of Spain bond’s auction had a positive effect for Euro currency. In details, today Spain sold its bonds for 6.03 billion euro versus planned 3.5 billion euro. The EUR/USD had a sharp snapback recovering from its daily lows to the highs of previous session. Indeed, the European session was quite volatile for the EUR/USD couple. All in all, At the end of the week the EUR / USD lost 2.5%

Increase in the dollar against the British pound was limited to an increase in demand for sterling as a relatively safe asset. The losses of GBP/USD amounted only to 1.0%.There were also other factors which supported English currency during the previous week. On Tuesday, the pound rose to its daily highs around $1.5620 area after the Royal Institute announced that the RICSS’s house price balance index in Britain rose in November to - 17% amid rising demand versus – 24% in October and forecasted -25% .Wednesday’s trading sessions were supported  by published data on the labor market in the UK, which showed that in November unemployment rate remained at 5.0% .

 

During Thursday’s sessions, the Swiss franc rose against all major currencies amid expectations of the decision of the Swiss central bank. It was expected that the SNB would refrain from weakening the CHF currency. The Franc rose against the US dollar and the Euro after the Swiss National Bank left the “anchor” of the national currency to the Euro at the same level.

The Australian dollar fell in trading on Wednesday and matched parity with U.S. dollar. Again, the reason was because of the increased nervousness of market participants due to the European debt crisis.

Gold prices experienced negative dynamics during the previous week and closed at $1598 level mark on Friday.

World oil prices fell sharply on Wednesday. For the first time since 2008 the Organization of the Petroleum Exporting Countries (OPEC) at the meeting on 14 December decided to raise quotas for hydrocarbons production. In details, OPEC decided to increase the quota for the production from 24.845 million bpd to 30 million barrels / day. The WTI oil futures fell by more than five dollars and closed below $95 a barrel.

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Daily technical analysis will resume on 10th January 2012.

Market Watch | Tuesday, December 20.

Catching a Trend Reversal I discussed the options for the USD/CHF in “The USD/CHF has broken out, now what?”. One scenario was if the uptrend continues and the other if the intraday trend reverses. The trend has subsequently taken a nose dive through support. Here’s how the set up I explained in the last update played out… ★ 18 via Daily Forex Trading Edge Eurozone EU demands £25bn lifeline from the UK European finance ministers will aim to agree a new €200 billion (£167.7 billion) loan to the International Monetary Fund as part of a deal to save the single currency. Three quarters of the money is expected to come from eurozone members, but Britain will also be asked to provide funds… ★ 36 via Daily Telegraph News Why The European Debt Crisis Might Actually Be Over... Last week we wrote a lot about what's rapidly becoming the hottest question in Europe: Did the ECB pull off a backdoor bailout of the various governments by making it super-cheap for banks to borrow money, with which they can then turn around and buy sovereign debt at juicy yields?… ★ 32 via Business Insider Divisions in eurozone over ECB bond-buying The eurozone was facing fresh splits today after one of the European Central Bank’s most senior figures said the bank should not be used to fund national debts and that if it was forced to, it would mean the end of the single currency… ★ 42 via Telegraph City financiers plot to block reform of commodity markets The City is at it again. The same self-serving, disingenuous arguments used to campaign against banking reform are being wheeled out on a new front. This time it's about rules to check rampant speculation in commodity markets. Rules that could cut prices for food and raw materials in some of the poorest countries in the world… ★ 21 via Guardian UK Around the World Beijing Weighing Lower Overseas Investment Limits China is weighing measures to give its citizens greater ability to directly invest overseas as part of its efforts to diversify the country's mammoth foreign-exchange reserves, according to people familiar with the matter… ★ 31 via WSJ Asia Saxo Bank's 10 “Outrageous Predictions” For “2012: The Perfect Storm” As we wind down 2011, the time for predictions for what is to come as nigh. Having posted what UBS believes their biggest list of surprises for 2012 will be earlier, we next proceed with out long-term favorite — Saxobank’s list of "Outrageous Predictions" for what the bank has dubbed "2012: the Perfect Storm." Mostly proposed tongue in cheek… ★ 22 via Zero Hedge Stocks: The quiet storm The week ahead on Wall Street could be a choppy one, as investors remain worried about the debt crisis in Europe. Trading volume is expected to be low, with many market players taking time off ahead of the holidays. That could make for a volatile week, since low trading volume tends to exaggerate swings in the market… ★ 25 via CNN Money S&P Downgrade Proves Absurd as Investors Prefer Assets in U.S. Four months after Standard & Poor’s stripped the U.S. of its AAA credit rating and said the world’s biggest economy was no longer the safest of borrowers, dollar- denominated financial assets are doing nothing but appreciating… ★ 20 via Bloomberg The Innovativeness of Nations Why do some nations prosper while others struggle? Businesspeople, policymakers, and social scientists have sought to answer that question for centuries, starting as early as 1776, when Adam Smith published The Wealth of Nations. A closely related question is, Why are some nations more innovative than others?… ★ 18 via Strategy + Business

Forex Prediction For December 19, 2011.

EUR/USD
(last price: 1.3020)
SELL first , entry = 1.3015 , SL = 1.3037
then BUY , entry = 1.3037

GBP/USD
(last price: 1.5499)
SELL first , entry = 1.5490, SL = 1.5510
then BUY , entry = 1.5510

AUD/USD
(last price: 0.9928)
SELL first , entry = 0.9919, SL = 0.9945
then BUY , entry = 0.9945

USD/JPY
(last price: 77.89)
BUY first , entry = 77.94 , SL = 77.80
then SELL , entry = 77.80

USD/CHF
(last price: 0.9374)
BUY first , entry = 0.9381, SL = 0.9364
then SELL , entry = 0.9364

GOLD (XAU/USD)
(last price: 1594.85)
Probability = Move down (first) is higher

To trade in Forex, better to use Trailing Stop 20 points as your TP, and Max Risk < 3%.

Forex Strategy : "Free I-TREND Forex Indicator".

Simple trend analyzing indicator.
Signals: red crossing to top - sell , green crossing to top - buy.

Input parameters:
Bands_Mode_0_2 (0=MODE_MAIN, 1=MODE_LOW, 2=MODE_HIGH)
Power_Price_0_6 (0=PRICE_CLOSE, 1=PRICE_OPEN, 2=PRICE_HIGH, 3=PRICE_LOW, 4=PRICE_MEDIAN, 5=PRICE_TYPICAL, 6=PRICE_WEIGHTED)
Price_Type_0_3 (0=PRICE_CLOSE, 1=PRICE_OPEN, 2=PRICE_HIGH, 3=PRICE_LOW)
Bands_Period
Bands_Deviation
Power_Period
CountBars

DOWNLOAD I-TREND.EX4 (right click SAVE AS)

Let me know if you need any help!

Sourse: The indicator available for free on some Forex websites.

Forex Prediction For December 16, 2011.

EUR/USD
(last price: 1.3037)
BUY first , entry = 1.3025 , SL = 1.3012
then SELL , entry = 1.3012

GBP/USD
(last price: 1.5526)
BUY first , entry = 1.5519, SL = 1.5496
then SELL , entry = 1.5496

AUD/USD
(last price: 0.9962)
BUY first , entry = 0.9946, SL = 0.9929
then SELL , entry = 0.9929

USD/JPY
(last price: 77.82)
SELL first , entry = 77.86 , SL = 77.97
then BUY , entry = 77.97

USD/CHF
(last price: 0.9392)
SELL first , entry = 0.9398, SL = 0.9445
then BUY , entry = 0.9445

GOLD (XAU/USD) 
(last price: 1581.65)
Probability = Move down (first) is higher

To trade in Forex, better to use Trailing Stop 20 points as your TP, and Max Risk < 3%.

Market Watch | Thursday, December 15.

Eurozone banking system on the edge of collapse The eurozone banking system is on the edge of collapse as major lenders begin to run out of the assets they need to keep vital funding lines open… ★ 72 via Telegraph Finance Eurozone Europe crisis: the seven key questions Britain must face "Auf Wiedersehen, England!" was how German magazine Der Spiegel reacted in the early hours of Friday. "Der Euro ist wichtiger als die Briten," (the euro is more important than the British) concluded the German tabloid, Bild… ★ 31 via The Guardian Forex: Euro falls on lack of decisive EU action at summit The euro fell on Monday and was expected to struggle going into the year-end after EU policymakers agreed on deeper economic integration but fell short of a convincing plan to deal with a funding crisis undermining the stability of the euro zone… ★ 53 via Reuters World Forex: Euro Weighed Down By S&P Euro-Debt Downgrade Talk The euro was down versus other major currencies in Asian trading Monday as concerns persist about a possible downgrade of euro-zone sovereign debt by Standard and Poors, even though a summit of European leaders Friday… ★ 47 via Wall Street Journal Outlook for Euro Darkens on Summit, ECB Policy Foreign-exchange strategists are reducing their forecasts for the euro at the fastest pace this year as European Central Bank President Mario Draghi’s interest- rate cuts remove one of the currency’s pillars of support… ★ 34 via Bloomberg Bundesbank rejects Europe’s IMF funding ruse Germany's Bundesbank has raised serious objections to EU summit plans to shore up Italy and Spain by channelling up to €200bn (£170bn) from central bank reserves through the International Monetary Fund (IMF)… ★ 35 via The Telegraph Around the World A Romance With Risk That Brought on a Panic Soon after taking the reins of MF Global in 2010, Jon S. Corzine visited the Wall Street firm’s Chicago offices for the first time, greeting the brokers, analysts and sales staff there… ★ 123 via NYT Dealbook Asian Shares Pare Gains Most Asian markets advanced Monday, with exporters and commodity-linked stocks among the notable gainers, as an agreement by European leaders Friday to overcome the region's debt woes lifted investor sentiment… ★ 26 via Wall Street Journal Asia Russia billionaire Mikhail Prokhorov to challenge Putin Russian billionaire Mikhail Prokhorov says he will challenge Prime Minister Vladimir Putin in next March's presidential election in what he says is the "most important decision" of his life… ★ 32 via BBC Europe