Forex Broker Review

Posted by: Forex Weekly Reports (ActionForex.com)
Yesterday, EUR/USD easily preserved its recent gains, but failed to take further advantage from additional (US) equity gains. Also the impact of the ECB press conference was limited. USD/JPY is still locked near the recent lows. Sterling had to concede some additional losses against the euro in the wake of
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written by Broker Reviewer

Setup:
Timeframe: Any
Currency:Any
Market Action: EMA21 + EMA55
Price Action: EMA5 + SMA8
MACD: 21 55 8
Stochastic: 8 3 5 This strategy is very simple and successful but will not get you in at the beginning of the move or exit at the end but will give a high success rate. When the MACD Line and Signal Line cross, wait for the Stochastic to cross in the same direction!! (Don`t trade if Stochastic in overbought/oversold zones)If you are an agressive trader you can enter when the MACD and Stochastic cross at the same time, otherwise once the MACD has crossed, wait for the Stochastic to cross before entering. (The MACD must cross first!!) Exit the ...

written by Broker Reviewer

Posted by: Forex Weekly Reports (ActionForex.com)
Yesterday, global uncertainty still prevailed, but the impact on the major currency cross rates was limited after all. EUR/USD is holding close to the 1.27 mark and USD/JPY is paralyzed, too. Sterling ceded some ground even as there was no high profile news to explain the move.
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Posted by: Forex Weekly Reports (ActionForex.com)
Bernanke’s Jackson Hole speech aided risk sentiment and now the Bank of Japan has (unsurprisingly) made a move to weaken the Yen. The bank-loan programme has been increased to the tune of JPY 10 trillion to take total available funds to 30 trillion. While risky assets are sure to embrace
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written by Broker Reviewer

Posted by: Forex Weekly Reports (ActionForex.com)
The dollar traded mixed on Friday, higher against the yen but lower versus the commodity currencies as risk appetite rose. Federal Reserve Chairman Ben Bernanke said the Fed is prepared to provide additional unconventional stimulus measures if needed. US GDP growth slowed less than expected in Q2 2010. The S&P
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written by Broker Reviewer

Indicators/Settings: -SUPERTREND (8, 1.5)
-SAR (0.2.0.2) WHEN TO ENTER A TRADE: Enter: a BUY trade when SUPERTREND is in a bullish trend(line is green), and SAR gives a BUY signal. (Don’t enter a SELL trade if SUPERTREND is bullish and SAR gives a SELL signal. Enter: a SELL trade when SUPERTREND is in a bearish trend(line is red), and SAR gives a SELL signal. (Don’t enter a BUY trade if SUPERTREND is bearish and SAR gives a BUY signal. Get out of a BUY trade when SAR give a SELL signal, and the opposite for a SELL trade. by Mennzz Superstar Strategy is a post from: Forex Trading System...

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Posted by: Forex Weekly Reports (ActionForex.com)
The dollar and euro rose against the yen in Asia Thursday as short-term players sold the Japanese currency because of growing speculation that the government may soon engage in yen-selling intervention.
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written by Broker Reviewer

Posted by: Forex Weekly Reports (ActionForex.com)
Risk aversion and uncertainty on the pace of the global recovery continue to set the tone on the currency market. The yen is the big winner with USD/JPY and EUR/JPY close to/at multi-year lows. Global uncertainty continues to weigh on EUR/USD too.
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written by Broker Reviewer

Posted by: Forex Weekly Reports (ActionForex.com)
The dollar rose for a second day on Friday. The strengthening dollar is essentially a monetary-policy tightening, increasing the risk of a double-dip US recession and deflationary pressures. The S&P 500 fell 3.94 to 1,071.69, registering a second straight weekly fall. The USD/JPY gained modestly today but edged down for
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written by Broker Reviewer

Time frame - any
Indicators - EMA (3,18), MACD (12,26,9), RSI (14) Rules of the game - Set color of MACD line to black, and the signal line color to white (or other color, same as your background). Signal for short position we get when MACD line is under 0 level, EMA 3 cross with EMA 18, and RSI is under 50 level. Gains we realized when one of indicators give a opposite signal SL - near local maximum/minimum By Lucas Black MACD is a post from: Forex Trading System Go to Source

written by Broker Reviewer