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

Technical Analysis For December 12 -16, 2011.

Our last technical analysis for this year will be on Wednesday, 14th December 2011. Daily technical analysis will resume on 10th January 2012. EURUSD The pair has declined to 1.33427. If the pair stays below this level the pair will decline to the Moving Average (500) at 1.28800. Resistance:  1.37441, 1.41130, 1.44835 Support: 1.33427, 1.28800, 1.25667 GBPUSD The pair stays below 1.59962 and may decline to Fibonacci 23% at 1.53340. Resistance:  1.59962, 1.64274, 1.68504 Support:  1.52523, 1.48532, 1.43344 USDCHF The pair is trying to stay above 0.91074 this will bring pair to test resistance at 0.93264.  Resistance:  0.93264, 0.96597, 0.99031 Support: 0.91074, 0.88022, 0.85633 USDJPY The pair is rolling back to 76.535. Resistance:  80.244, 83.330, 86.836 Support:  76.535, 73.126, 69,117 AUDUSD The pair has risen above resistance 1.01873. If the pair stays above this level the pair will rise to 1.03847. If the pair stays below 1.01873 the pair will decline to 1.00031. Resistance:  1.01873, 1.03847, 1.05810 Support:  1.00031, 0.97889, 0.94417

Market Review For December 5 - 9, 2011.

During the past week market participants’ were expecting the economic summit of European Union.

During the European and Asian trading sessions on Monday the euro rose against most major currencies. There were two main reasons for that growth. First reason had to do with the fact that the Prime Minister of Italy, Mario Monti accepted the measures aimed for achieving a balanced budget by 2013 year. The second reason had to do with the reports that the ECB could provide to the IMF 270 billion dollars, which would be directed towards the fight with the debt crisis in the European Union. 

The Euro experienced a deeply fall against the U.S. dollar after the S & P agency warned of possible downgrades the AAA rating of some European countries, including Germany. Other negative news had to do with the report of Retail Sales in Eurozone, which dropped for the 0.4% in October versus forecasted 0.8%.

At the beginning of American session the sterling strengthened against the backdrop of favorable statistics, which showed that the PMI index in the UK service sector amounted to 52.1 points in November, yet was expected to be 50.5 points.

The dynamics of the Euro trading on Tuesday was positively affected by the report on the Germany Factory Orders, which were better than expected; in details, 5.2% versus 1 % in October.

The big news for Australian dollar on that day were a decision of the Reserve Bank of Australia, which cut interest rates by 25 basis points for the second consecutive month to 4.25 %. Australian dollar fell against all major currencies at the beginning of the Asian trading session. 

The Swiss franc fell against all major currencies against the backdrop of November's decline in CPI by 0.5 % compared with the forecasted 0.3%.

During the Asian trading session on Wednesday the EUR/USD pair gained about 30 points amid expectations that Europe would expand the fund for assistance to European countries with debt problems in the Euro region, in the forthcoming meeting in Brussels on Thursday.

The reason for falling of the U.S. dollar at the Asian trading session was the decline in the demand for safe-haven assets.

The Euro currency was under pressure on Thursday against the US Dollar and Japanese Yen amid the concerns of investors that the European countries, Germany and France could lose their AAA credit ratings. These concerns arose because of the rumors that European leaders would not agree on a new plan of restraint of the debt crisis in the EU this week. 

Together with US Dollar and for the same reason of increasing demand for safe–haven assets, the Japanese Yen strengthened against the major currencies.

The Loonie fell steeply from its December highs against of the US Dollar, amid concerns about further spread of the European debt crisis and the decreasing demand for risky assets as well as for Oil futures.

The pressure on the single currency increased after the speech of the ECB president, Mario Draghi, who signaled that the European central bank does not want to increase purchases of government bonds of countries of EU region for dealing with debt crises.

Broker News : "RoboForex Professional ECN accounts of ECN broker".

What is ECN and what are the main features of an ECN broker?

The ECN (Electronic Communication Network) system is an electronic trading network, which includes the function of automatic purchase and sales orders matching at the price, which is satisfactory for both parties of the trade. The main participants of the ECN systems are banks, major market makers, investment funds, brokers, and dealers.

The main advantage of the ECN accounts is the absence of conflict-of-interest between a client and a broker that uses the ECN technology: an ECN broker forwards clients’ orders straight to his counterparty who provide liquidity. Using this trading pattern, a broker is interested in increasing of trading volume, as he receives a commission for each order.

Professional ECN accounts trading conditions of RoboForex

Minimum deposit is $300;   23 currency pairs;   Metal trading is available: Gold & Silver spot (XAUUSD & XAGUSD);   Leverage is up to 1:300;   Minimum lot size is 0.01 lots (1000 units of base currency);   Maximum lot size per order is 50 lots (5 000 000 units of base currency);   Minimum lot step is 0.01 lots (1000 units of base currency);   Commission [1] is $3 for 1 standard lot (100,000);   Floating spread [2] from 0 pips;   Fast order execution (from 0.3 sec. in any market conditions);   No requotes - Non Dealing Desk (NDD);   Placing orders inside the spread;   Any type of order, including StopLoss & TakeProfit, is executed at market prices;   MarginCall [3] level is 60%;   StopOut level [4] is 40%;   Using any trading expert advisors is encouraged (any type of scalping);   Order execution using the MetaTrader4 trading platform (MT4);   Unique conditions of affiliate program for the ECN accounts [5]: up to $3 for a lot.

[1] — A commission for a complete transaction (opening/closing) is doubled.
[2] — Spread value is not fixed (a floating spread). It changes depending on market conditions.
[3] — Level whereby a client is informed about StopOut.
[4] — Level whereby all opened positions will be closed compulsorily.
[5] — Partners receive Agent Commission for each closed order executed using the ECN accounts by the clients they have attracted.

Open an ECN account

Integral FxGrid technology for the ECN accounts

The ECN Integral trading network combines the liquidity of such financial institutions as Citibank, Deutsche Bank, Bank of America, UBS, HSBC, NOMURA, RBS, BNP Paribas, Credit Suisse, COMMERZBANK, SEB,SMBC, Morgan Stanley, Goldman Sachs, JPMorganChase, NATIXIS. Serving as an interbank system, the ECN Integral trading network, using Fx Grid technology, forms a pool of liquidity suppliers creating interinstitutional trading network - .

RoboForex LP, as a participant of Integral FxGrid, offers its clients an opportunity to execute trade orders using the ECN system. Instant and reliable order execution will be definitely appreciated by both professional and beginner traders.

Integral FxGrid Bridge software is installed directly on the RoboForex LP trading servers and integrated with the MetaTrader4 trading platform, thus allowing the company’s clients to execute trade orders using the MetaTrader4 environment and use MQL4-based expert advisors.

Open an ECN account

Forex Prediction For December 14, 2011.

EUR/USD
(last price: 1.3077)
SELL first , entry = 1.3035 , SL = 1.3235
then BUY , entry = 1.3235

GBP/USD
(last price: 1.5516)
SELL first , entry = 1.5535 , SL = 1.5590
then BUY , entry = 1.5590

AUD/USD
(last price: 1.0066)
SELL first , entry = 1.0055 , SL = 1.0095
then BUY , entry = 1.0095

USD/JPY
(last price: 77.92)
BUY first , entry = 77.95 , SL = 77.85
then SELL , entry = 77.85

USD/CHF
(last price: 0.9426)
BUY first , entry = 0.9445 , SL = 0.9340
then SELL , entry = 0.9340

GOLD (XAU/USD) 
(last price: 1658.00)
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 : "SF Trend Lines".

The Indicator draws a channel with explanation (informer in the left top corner of the chart)

Input variables:
LineColor=DarkOrange;
AllBars=240;
BarsForFract=0;
SUGGESTIONS FOR USE:
1. Easily determinate a current trend of any pair. ( Important: always trade follow a trend. Very useful tool
to be used with any buy/sell indicator or software)

2. Open a trade on a trend change ( trend line confirmed breakout )
 - trend line confirmed breakout: a whole candle must close above or below a trend line - strong signal for a trend change.
Timeframe: ANY
Pairs: ANY

DOWNLOAD SF_TREND_LINES.EX4 (right click SAVE AS)

Let me know if you need any help!

Market Watch | Tuesday, December 13.

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