DOUBLE STOCH TRADING STRATEGY

In this article I want to show you a good profitable way to use the stochastic indicator. Trend is your friend, you must have that at the back of your mind and follow the steps as descibed here. Most traders use stochastic as a momentum oscillator, but in this article I will also use it as a trend indicator in a multi-timeframe analysis.

Success in your trade will be attained only if you follow the trend in a multi-timeframe trading. I will be using stochastic indicator in two batches of settings. One is LONG stochastic (14,7,3) and the other is the SHORT stochastic - default settings (5,3,3). Your Monthly chart should look like the one below.

In the monthly timeframe above, I am interested in the LONG stochastic of 14,7,3. The "7" is the "slowing" parameter. I use this for trend. The current direction is UPTREND where the green line is above the red line.

Where the greenline is below the red line then we have DOWNTREND like the image below:



Now that I have established the trend, let us plan entry. I will need the weekly timeframe. The current trend is UPTREND in the monthly timeframe. like below:

From the red vertical line forward I want to consider BUY only. Before I buy will want to see some actions in the weekly and 4hour timeframes. In the weekly timeframe below, I want to see the SHORT stochastic (5,3,3) to go below 50 level as marked in the chart below.

The blue boxes must be noted, these areas are your entry areas in the 4hr timeframe. But here in the weekly timeframe, you will not that the SHORT stochastic red and green lines are both below the 50 level, also remember that we are in an UPTREND as seen in the monthly timeframe.

Not move to the 4hour timeframe for entry.

In the 4hour timeframe for entry, you will need only the LONG stochastic. You will enter buy as soon as the stochastic touches or goes below the 30 or 20 level for 100 - 150 pips profit. If you are good in marking support and resistants in daily timeframe then you can have your takeprofit and stoplosses clearly market. if you are good in averaging, you dont need stoploss. Enter with a very low lot (the low lot should risk about 0.5 or 1% of equity at 100pips loss) then the second box u can have another entry while the first box still running by the time the second entry gets to 150 pips the first entry will be in profit. THe third entry is a straight win without stress.

You need to practice as this is a simple trading plan. You do just the opposit in a DOWNTREND situation.

Leave comments here for all your questions and I will find time to handle them. Open an account today with www.forextime.com

JPY FELL BELOW THE USD INDEX - POTENTIAL LONG ON USDJPY

The weekly timeframe still shows the Yen below the USD index so the trend in the long term is still BULLISH. Alligator in the daily and 4hour timeframe shows the intermediate dip needed to start to plan a buy when the case presents itself.

My 1hour price action suggest a LONG after the break upside of an intraday swing at 101.77

My trade advice: I had my BUY at 101.81 to 102.98 stoploss at 100.73

I expect the trade to exit next week.

Enjoy!

AROON PLUS

AROON PLUS

This is a trend following system using Aroon indicator - default setting and fisher as will be described in the detailed setup below.

SETUP

The trend starts from the 4hour chart. Apply AROON 14 on the chart and fisher 21 periods (this shows the trend direction). The chart below is an uptrend.

The Aroon indicator is 14 periods, wait for the Aroon to give counter trend (where the RED goes above the blue) mark this area as you can see in the chart below and move down to 15min timeframe

The 15min chart above: first fisher above is 15min fisher 21 periods. The last fisher is MTF fisher – fisher 21 of the 1h timeframe. For you to start buying, you need the mtf fisher to join the buy trend and wait for short fisher to give you RED. Buy for forty to fifty pips or more, your stop loss should be well planned.

I will try and always post weekly analysis in my blog at:

http://crystal-markets.blogspot.com

Enjoy your trades

Victor.fxwave@gmail.com
-------------------------------------------------------------------------------------------------

This week EURJPY provided a good signal as you can see below starting from 2013.12.11 08:00 from my liteforex mt4 platform

contact victor.fxwave@gmail.com for other improved version of Aroon Plus

FISHER Plus TMASlope

ICHIMOKU PREDICTS

Ichimoku is a wonderful indicator. We have prepared a quality trading plan on how to predict market move with Ichimoku combined with fisher. Contact victor.fxwave@gmail.com for more details.

UPDATE - FIBONACCI TRADING

There is an important update on Fibonacci Trading please click http://crystal-fibonacci.blogspot.com/2012/05/update-fibonacci-trading.html to view

Enjoy!

CMA Plus

Crystal Moving Average Plus (CMA Plus) can not go for free. This is a new trading plan just completed research work on it and going live from tomorrow 7th of May 2012. I have also added a forexfactory link for you to monitor progress. Belive me you need it. It cost $500. Contact victor.fxwave@gmail.com for more details.

FIBONACCI - RIGHT ENTRY AND EXIT

Fibonacci trading tools are wonderful, but you can say that if you use them well, managing your entry and exit to ensure maximum profits and minimizing losses. Lot of approaches to using Fibonacci you can find online but in this article I have got something different and very profitable.

In the basic sense, when price retraces to some Fibonacci points we expect price to respond by continue the trend or we have a trend reversal. I have had terrible experience with this in the past until I introduced a filter as explained here.

The price continued the trend on getting to 50% fibo level. Now trend continuation could begin from 23.6 or 38.2 but trade at 50% became valid. I will show u why u have to wait till then. Change the timeframe to 15min and lets see.

 

Now this is not THEORY its real if you really want to learn start DEMOing and watch your chart to build your confidence. I told my students all the time. DEMO enough to convince yourself. Now at other retracement points no SELL until after hitting the 50% point you remain in trade until the 15min SCHAFF trend changes for your take profit or stoploss. 

Now before the trend was DOWN it was UP, let use see examples of the UPTREND. Take a look at the chart below:

Here market retraced to the 23.6 level and looking at the 15min timeframe, we have a BUY signal confirming that we can go LONG.

 Do your DEMO trading first and for Daily Analysis on Fibonacci please click here.

Regards.

Crystal Markets

http://crystal-markets.blogspot.com

DOUBLE RSI (BETA)

In this article I am going to show you the updates to the DOUBLE RSI trading plan. The first time this trading plan was introduced through a viewer who needed me to polish it, the update I gave was also to let other people work hard to make it a profitable one and most people I met just used it as I explained. I also discovered people wanted ready-cooked job and wont work extra to make the trading system good for them.

This trading plan is the most popular on my website and due to popular demand I have come up with this new Beta version. You can trade it as I will explain in the rest of this article. You can click here to link to the old version.

You will have to read the old version well because it forms the basic part of this BETA version. Before I explain I want you to take note of the following charts:

The 1hr chart is just like the old version, the addition is the 30min for further trend confirmation. Make sure the MACD water-line level is in line with the trend. The MACD setting is 21,89,1 The trend will last longer so any 1hr direction that is against the 30min MACD, just ignore it. The example above is SELL. Now in the 30min the SELL was confirmed we go to 15min for further confirmation with the SCHAFF indicator, I use the default setting for SCHAFF (STCPeriod is 10, FastMAPeriod is 23, SlowMAPeriod is 50, CDPeriod is 25, and sm is 2.0) you should take your trade when SCHAFF goes RED for SELL trades and GREEN for BUY trades. Now before you take your trade you may wait for 5min DSS indicator in 5min to go to the extreme over bought before you make a SELL in a SHORT trend or extreme over sold in a LONG trend. Same exit plan like that of the old version.

I traded it today as you can see in the acct history.

Will welcome you comments

Crystal Markets
http://crystal-markets.blogspot.com/

STOCHASTIC WAVE

Do you know that the stochastic waves can be traded? Its wonderfully profitable and one of the trick that can sustain money management rule  in forex. I will display live trades with profits on this article if I spot one starting from February 1 2012. $500 flat rate for it, call on victor.fxwave@gmail.com

CRYSTAL DIRECT

Crystal Direct is a sure hot trading plan you need to improve your trading performance $499.99 contact victor.fxwave@gmail.com

 

http://www.forexfactory.com/crystalfx

(more performance)

CRYSTALMONEY - A BETTER DEAL

victor.fxwave@gmail.com

MONITOR FROM FOREXFACTORY

http://www.forexfactory.com/crystalfx

FOREXFACTORY

The image link above you can monitor our performance in 2012.

BB Trend

Before going through the BB Trend Trading Plan, have a look at this:

as at 28, 2011 December

If you like it then let's talk about it, mail victor.fxwave@gmail.com


The Bollinger Band indicator is another fantastic one good for trend, counter trend entry and exit. one thing that i know about it is that, if you must trend trade it, you had better work with higher timeframes like Daily timeframe and above.

In this article, I will be using the daily timeframe as my trend, counter trend in the 4hr and entries in the 1hr with the help of my action and reaction lines. Before i proceed its important you have the action and reaction lines for the EURUSD as this is the only pair I will be trading on this strategy for the next 12 months. Write victor.fxwave@gmail.com for the template of my EURUSD action and reaction lines. The chart below shows how it should look like when you apply it.

I will publish trading result every month for you to see how it goes starting from the end of this month. So let me explain the setups.

You need just the default Bollinger bands in Daily timeframe. You have a down trend when price is below the middle band and up trend when the price is above the middle band all in the daily timeframe. like you can see below:

Currently the EURUSD trend is in a DownTrend and let me give an example of entry for SELL. Before you sell wait for 4hr price to hit the 4hr upper Bollinger Band, then also ensure that the daily BB is still downtrend. When this is ensured, then go to the 1hr and ensure that you are at the resistant zone of the Bollinger band and also at the resistant zone of an action and reaction line before you can make entry. If the line is far above the current price , then its better you get closer before making entry. The 4hr and 1hr charts below:

Let's have your comments and as soon as you are convinced with the monthly statement of performance, managed fund arrangement is available for investor. Contact victor.fxwave@gmail.com for details.

Meanwhile to monitor progress LIVE,
User ID:1230702
Password: 1mcqosG
*IP Address: 208.122.38.251:443

This will expire by 30 days I will open another one to continue and also save the statement for future reference.

See you month end.

Regards.

RSI Plus

Today in this article I want to explain the use of RSI and Stochastic together for trend trading, trend confirmation and entry and exit.

Indicators:
- RSI 21 periods
- Stochastic 30,8,18
- Williams %R Default

4hour, 1hour and 15min timeframes should look like these:

The 4hour is the trend - here the RSI must be Below 50level to trade SHORT and Above 50level to trade LONG.

1hour is your confirmation. In a SHORT Trend, 1hr RSI must be below 50 and stochastic must be SELL direction too.

Your entry is with the williams %R getting to extreme counter trend. W%R must be at -20 for SELL and at -80 for BUY. Go for 30-50pips and your stoploss should be well directed it the 1hr RSI change or 1hr Stochastic changes you should exit your have a fixed 50pips Exit on stop.

I have also prepared an EA for this good trading plan. The EA cost $159.99 contact victor.fxwave@gmail.com if you are interested.

Crystal Markets

EURUSD SCALP

Sometimes ago I was moving around fxstreet.com and I came across a trading plan by fxvolatility, using 21 and 100 periods CCI. It is a good one but I tell you, many a time if you are not careful will get into trouble. I know its a wonderful strategy but need some filters. I have got it right. I even have a scalping method of it like you can see below. I filtered it in one hour with a common indicator and also in 15min timeframe with another common indicator. Look at the chart below. I will give out the scalp method for $50 but the major trading method for $500. My strategies, some say are expensive. Yes they are but only trader can have them. Have a look