rfxsignals February 3, 2021 No Comments

Ichimoku Cloud Analysis 03.02.2021 (ETHUSD, USDCAD, EURUSD)

Ichimoku Cloud Analysis 03.02.2021 (ETHUSD, USDCAD, EURUSD)

03.02.2021

ETHUSD, “Ethereum vs US Dollar”

ETHUSD is trading at 1547.48; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1470.25 and then resume moving upwards to reach 1765.00. Another signal in favor of a further uptrend is a rebound from the upside border of the Triangle pattern. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1225.00. In this case, the pair may continue falling towards 1125.00.

ETHUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDCAD, “US Dollar vs Canadian Dollar”

USDCAD is trading at 1.2786; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.2765 and then resume moving upwards to reach 1.2945. Another signal in favor of a further uptrend will be a rebound from the downside border of a Triangle pattern. However, the bullish scenario may no longer be valid if the price breaks the cloud’s downside border and fixes below 1.2675. In this case, the pair may continue falling towards 1.2565. To confirm further growth, the asset must break the pattern’s upside border and fix above 1.2875.

USDCAD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

EURUSD, “Euro vs US Dollar”

EURUSD is trading at 1.2041; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2055 and then resume moving downwards to reach 1.1945. Another signal in favor of a further downtrend will be a rebound from the descending channel’s upside border. However, the bearish scenario may be canceled if the price breaks the cloud’s upside border and fixes above 1.2115. In this case, the pair may continue growing towards 1.2205.

EURUSD

rfxsignals February 3, 2021 No Comments

Fibonacci Retracements Analysis 03.02.2021 (GBPUSD, EURJPY)

Fibonacci Retracements Analysis 03.02.2021 (GBPUSD, EURJPY)

03.02.2021

GBPUSD, “Great Britain Pound vs US Dollar”

As we can see in the H4 chart, after testing 76.0% fibo for a long time, GBPUSD has failed to reach he post-correctional extension area between 138.2% and 161.8% fibo at 1.3790 and 1.3980 respectively. Another reason for a new decline, which is now testing the lows, was a divergence on MACD. The predicted correctional targets are 23.6%, 38.2%, 50.0%, and 61.8% fibo at 1.3528, 1.3365, 1.3233, and 1.3100 respectively.

GBPUSD_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H1 chart, after finishing the previous ascending wave, GBPUSD is correcting downwards and has already reached 23.6% fibo. Later, the market may start a slight growth, which may be followed by a further decline towards 38.2% and 50.0% fibo at 1.3541 and 1.3474 respectively. The resistance is the high at 1.3759.

GBPUSD_H1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

EURJPY, “Euro vs. Japanese Yen”

In the H4 chart, EURJPY completed the correctional decline; right now, it is moving upwards. At the same time, after testing the previous high at 127.07, the pair has finished another pullback. If the price resumes its ascending tendency, it may reach and break the mid-term 61.8% fibo at 128.65 and then continue moving to reach the post-correctional extension area between 138.2% and 161.8% fibo at 129.16 and 130.43 respectively.

EURJPY_H4
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see In the H1 chart, after attempting to reach the high at 127.49, the pair is moving downwards. The previous decline has reached 50.0% fibo, so the next one may be heading towards 61.8% and 76.0% fibo at 124.62 and 123.96 respectively. A breakout of the resistance at 127.49 will result in a further uptrend towards the mid-term 61.8% fibo at 128.68.

EURJPY_H1

rfxsignals February 3, 2021 No Comments

The Euro is being pulled down again. Overview for 03.02.2021

The Euro is being pulled down again. Overview for 03.02.2021

03.02.2021

EURUSD is back to falling in the middle of the week; market players are disappointed by the Euro Areaэ economic strength.

The major currency pair remains under pressure on Wednesday as the pair is back to falling. The current quote for the instrument is 1.2031.

The statistics published by the Euro Area and its members are against the Euro. At the same time, Washington’s clear-cut stance on the stimulus measures and active vaccination against the COVID-19 provides significant support to the GDP growth forecast.

Yes, a slump in the European economy in the fourth quarter of 2020 was a little bit better than expected. However, right now, it’s clearly seen that it might take the Euro Area about a year longer than the USA to go through the pandemic crisis, no matter what stimulus measures the alliance undertakes. For the Euro, it’s bad news.

There were no important statistics from the USA yesterday but investors were closely watching the progress in the House of Representative’s discussions of a stimulus package worth $1.9 trillion. The decisive vote is ahead but the matter is looking already settled except for some details.

There will be a lot of macroeconomic data today: the Services PMI from the Euro Area and Germany for January, the Core CPI Flash Estimate from the Euro Area for January, which is expected to boost, and the first several reports on the American labor market for January as well. In the evening, the currency market may become more volatile.

Daily Free Forex Signals For 02/02/2021

Here your going to see Daily Free Forex Signals For 02/02/2021 to free forex signal alert from our kitkat trading system and other trading logic’s .we provide like this free forex signals from 2012 on wards with more than 50,000 traders around the world .The free forex signals have 70 to 85% quality always .we give for you a note as maximum focus take profit 1 as your target and must use stop loss values .if you have any other query’s please visit our live chat or email option

 

NZDJPY BUY-75.232727
SL-74.910909
TP1-75.389091
TP2-75.534545

AUDCHF SELL-0.683648
SL-0.687479
TP1-0.682044
TP2-0.680457

USDJPY BUY-104.943377
SL-104.616939
TP1-105.096122
TP2-105.255733

EURCAD SELL-1.54963
SL-1.553057
TP1-1.54811
TP2-1.546486

GBPNZD SELL-1.906465
SL-1.910011
TP1-1.904921
TP2-1.903279

AUDUSD SELL-0.762164
SL-0.765789
TP1-0.760602
TP2-0.758992

AUDJPY SELL-80.033395
SL-80.389388
TP1-79.881262
TP2-79.733692

AUDCAD SELL-0.977921
SL-0.981684
TP1-0.976359
TP2-0.974771

AUDNZD SELL-1.062217
SL-1.065696
TP1-1.060613
TP2-1.059058

NZDUSD SELL-0.717185
SL-0.720496
TP1-0.715626
TP2-0.714171

EURJPY SELL-126.370928
SL-126.71026
TP1-126.213302
TP2-126.064434

rfxsignals February 2, 2021 No Comments

Forex Profit Matrix COG Master Strategy

COG Master Strategy

Trading Forex Using the Center Of Gravity Master Strategy

 

By // ForexProfitMatrix.com
Wesley Govender

 

Another Products for ForexProfitMatrix.com :

forexprofitmatrix Forex Master Level
forex profit matrix Forex Trendisimo
Forex Profit Matrix system
Forex Profit Matrix Boost

Follow the rules before for placing buy trades:

1. On the higher time frame (H4), wait for the FxCOGMaster H Histogram and Yellow SMA line to close below the Oversold line.
2. On the higher timeframe (H4), confirm that price is at or near the lower Green FxCOGMaster channel line.
3. If the above conditions are met, switch to the lower timeframe (H1).
4. On the lower timeframe (H1), wait for FxCOGMaster H Histogram to close above  the Yellow SMA Signal line.
5. On the lower timeframe (H1), wait for price to close above the 9 SMA on the price chart.
6. If the above conditions are met, enter a Buy trade at the open of the next candle.
7. Set your Stop Loss below the most recent swing low on the lower timeframe (H1).
8. Set your Take Profit the same distance away from the entry level as the stop loss (1:1 risk/reward ratio) or exit the trade manually when price touches the Blue middle FxCOGMaster line or the upper Green FxCOGMaster line.

 

# Important Notes :

We didn’t talk much about money management and stop placement, however, I want to leave you with some personal thoughts regarding those things. As a rule of thumb, don’t risk more than 2-5% of your account on any one trade and only have 1 trade open at a time.

This will reduce the number of losing trades that your account will incur at any one time. Each trade is its own bird so to speak and needs your full attention. You won’t end up having an over-exposed account either.

Imagine having 4-5 open trades at a time with a 5% risk per trade and all of them going bad. That’s a 20-25% loss on your account all at once.

On the flip side, if you only have 1 trade open at a max of 5% risk and it loses then you’ve only lost 5%.

For the stop placement we need to put our stops just beyond the most recent swing low or swing high with a target of 1:1 or better.

In the examples shown, the market moved substantially and it does often, but there are times when it does not so manage your trade properly and be aware that the big ones are right around the corner!

Well, there you have it folks! That is the essence of the FxCOGMaster and the FxCOGMaster H. As a side note, the FxCOGMaster H indicator is probably one of the best overbought/oversold indicators that I’ve seen and I am very happy to present it to you for your trading pleasure, enjoy!
Free Download

rfxsignals February 2, 2021 No Comments

Advanced KST brooky-indicators

Advanced KST brooky-indicators

 

By brooky-indicators.com

 

The KST oscillator as developed originally by Martin J. Pring is well known and highly regarded in Stock Trading but not quite so within the Forex community.
It is unique in how it calculates with an uncanny ability to identify dominant cycles.

We have identified a way to make it more suitable for the high volatility markets  like Forex by limiting the effects of outlier candles, and have expanded it’s capabilities to run the algorithm over RSI (Relative Strength Index) and Stochastic all as options within one indicator.

In addition to this there is a separate indicator that mirrors the logic of the sub windows indicator and will draw the crossing of KST and Signal lines as support and resistance lines on your chart. Because of the cyclical algorithm in the indicators, the lines serve as important levels to consider in rallies and pullbacks. This is combined with alerts if desired.

The combination of the indicators gives a fantastic overview of what the dominant pressure is within the market and the KST on RSI and Stochastic further refine the main cycle to produce trade-able opportunities against supply and demand areas. The KST suite is particularly good at identifying major divergences well in advance.

 

Free Download Advanced KST brooky-indicators.rar :
Brooky_KST_Advanced_Analysis_V3.ex4
Brooky_KST_Advanced_Analysis_V3_Chart.ex4
#brooky_kst_blackbground.tpl
#brooky_kst_taupebground.tpl
#brooky_kst_whitebground.tpl
kst_MaChart_And_SubWin_Match.tpl
kst_stochasticChart_And_SubWin_Match.tpl
kst_RsiChart_And_SubWin_Match.tpl
User’s manual Pictures.

 

Free Download

rfxsignals February 2, 2021 No Comments

Forbi simple Forex System

 

Forbi simple Forex System
By // simple-forex-trading.com

 

It uses only 2 custom indicators (my improved strategy) and 1 filter indicator to avoid trading in flat market.The stops of this forex strategy are very tight (depends on trading timeframe) and the profits are relatively high (from 3 to 10 times higher than stops). Etc. stops on H1 timeframe is 30 pips, average profit per trade 66 pips, and 94% success ratio.

There are 1000’s trading strategies, many of them are complex, have many filters and most of the strategies ends up being inefficient (generating too little signals and false signals). But this forex trading system is one of the few which a truly profitable – you will see it yourself.

 

Free Download Forbi Forex System.rar :
Forbi_system_momentum.ex4
Forbi_system_timing.ex4
Forbi-Moderate-Swing_and_Trend_trading_system-ARROWS.ex4
forbi_moderate_swing_and_trend.tpl
forbi_system_custom_indicators+arrows.tpl
ModerateSwingAndTrendTrading-Custom+Arrows.pdf

 

Free Download

rfxsignals February 2, 2021 No Comments

traders secret library F9D1

 Traders secret library F9D1

By // Samuel Adegoke
traders-secret-library.com


Markets Traded

– Forex, GBP/JPY and EUR/GBP
Charts – Daily, 4 hour, 1 hour, 15 minute
Charting Software – Any
Indicators – 5 EMA, 10 EMA, 14 EMA, 21 EMA, 50 EMA

Pre-Trading System Actions :
The concept of this trading system is based on Exponential Moving Averages (EMA), Chart Analysis/ Reading and Patience. My trading system could work perfectly well on all the currency pairs, but I focused mainly on GBP/JPY and EUR/GBP. When planning my trade in the Pre-Trading System Actions, I put them on paper. I also consider the following steps:

1. I determine my lot size – it all depends on what my equity is at that time.
2. Write out my take profit on paper, this is something around 50 to 70 pips.
3. One currency pair at a time i.e. either GBP/JPY or EUR/GBP.
4. I start by looking at the 15mins, 1hr, 4hrs and Daily time frames for these  pairs.

These are the recommended time frames I use in my trading system. On my trading terminal, I concentrate only on the above specified currency pairs, it becomes mandatory to open all the time frames on the specified currency pairs and that’s where my success lies.

Take a look at the following charts below on the different time frames. This is how I open them and I insert my exponential moving averages, before going to place any trade order.

How to identify the Entry Point :
Whenever the 5, 10 and 14 EMA’s cross the 21 EMA upward it is a good signal to go long on the 1 hour time frame. I usually aim for between 40 and 60 pips. The same rule applies to short orders.

How to identify the Exit Point :
If after 4 hours, and all I could gather is just 20 to 30 pips, what I do next is to place my cursor on the last two candlesticks, i.e. candlesticks that were formed 2 hours behind the candle that is currently open.

I check the open value of these candlesticks and the open value of the present candlestick and if the difference is 5 to 10 pips, I know that it is time to exit the trade and wait for another opportunity.

 

Free Download

rfxsignals February 2, 2021 No Comments

AFStar Trading System

AFStar Trading System

 

Time Frame: 30 min

Currency pairs: majors (example: EUR/USD, GBP/USD, AUD/USD, USD/CHF, USD/CAD, GBP/JPY, EUR/JPY,
AUD/NZD)

AFStar Forex System rules:

Long entry
Price touches or is below line D1 Support C , is between D1-H4 support C or below H4 support C.
Buy arrow AFStar indicator ;
RSI Petraus black line positive divergence
RSX green color
T3 2 color histogram dodger blue bar

Short entry
Price touches or is above line D1 resistance, is between D1-H4 resistance or above H4 resistance .
Sell arrow AFStar indicator
RSI Petraus black line negative divergence
RSX red color
T3 2 color histogram dodger red bar

Exit position at the pivot levels or profit target predetermined.
Initial stop loss at previous swing.

Free Download AFStar Trading System.rar :
afstar1.ex4
Corridor RSX.ex4
Divergence Petr.ex4
RD-PivotLines.ex4
support-resistance-4-hour.ex4
T3_2ColorHisto.ex4
AFStar Trading System.tpl
Manual.txt

 

Free Download