Forexearlywarning

Post your new strategies, discoveries or just ideas for development

Forexearlywarning

Postby User » Wed May 05, 2010 4:13 am

My Trading Strategy
1. Know the direction of the primary trend of a currency pair.

To determine this every day I analyze 22 pairs across 8-10 timeframes with simple trend indicators, by groups, i.e, USD pairs, EUR pairs, CHF pairs, etc.

http://www.forexearlywarning.com/charts.cfm This is a link to the free indicators I use.

2. Then I set price alarms at critical support and resistance areas, usually S1 or R1 and check the larger timeframes for pip potential using the same indicators.

3. I monitor the news calendar for volatile news announcements, here is the calendar I use, its also free

http://www.forexfactory.com/

4. When the price alarms go off and the volatile news items hit, and generally after the London market open, I check The Forex Heatmap (tm) for entry verification

http://www.theforexheatmap.com/

Here is the latest version, Version 2.0, I only enter trades fully verified by the Forex Heatmap (tm).

http://www.flickr.com/photos/[email protected]/4192056568/

This method works for very well for hundreds of traders in our community because you analyze the market thoroughly once per day and use almost no technical indicators, just simple trend indicators and entry verification using a real time visual map of the spot forex..

Hope this information is helpful, the method is becoming quite popular.
Good Trading
Mark Mc Donnell
Forexearlywarning
User
 
Posts: 376
Joined: Wed Jul 01, 2009 7:08 pm

Re: Forexearlywarning

Postby Rom » Sat May 08, 2010 8:50 pm

Very promising and I like the no-hype attitude. Of course some numbers on sum of profits pips vs. sum of loss pips are welcomed.

regards kjell
Rom
 
Posts: 581
Joined: Sun Feb 07, 2010 10:35 am

Re: Forexearlywarning

Postby forexearlywarning » Wed Jan 28, 2015 2:26 pm

My Trading Strategy (Links Updated)

1. Know the direction of the primary trend of a currency pair.

To determine this every day I analyze 28 pairs across multiple time frames, with simple trend indicators, by groups, i.e, USD pairs, EUR pairs, CHF pairs, etc.

http://www.forexearlywarning.com/forex-trend-indicators

This is a link to the free indicators I use.

2. Then I set price alarms at critical support and resistance areas, usually S1 or R1 and check the larger timeframes for pip potential using the same indicators.

3. I monitor the news calendar for volatile news announcements, here is the calendar I use, its also free

http://www.forexfactory.com/

4. When the price alarms go off and the volatile news items hit, and generally after the London market open, I check The Forex Heatmap (tm) for entry verification

http://www.forexearlywarning.com/the-forex-heatmap

Here is the latest version, Version 2.0, I only enter trades fully verified by the Forex Heatmap.

http://www.forexearlywarning.com/blog/t ... indicator/

This method works for very well for hundreds of traders in our community because you analyze the market thoroughly once per day and use almost no technical indicators, just simple trend indicators and entry verification using a real time visual map of the spot forex..

Hope this information is helpful, the method is becoming quite popular.
Good Trading
Mark Mc Donnell
Forexearlywarning
Good Trading
Mark Mc Donnell
http://www.forexearlywarning.com/
forexearlywarning
 
Posts: 27
Joined: Sun May 02, 2010 10:10 pm

Today's USD Weakness and AUD/USD Trade

Postby forexearlywarning » Wed May 13, 2015 10:19 pm

Today in forex trading the USD was weak on all pairs. This drove strong price movement on the AUD/USD.

See the trading signals and price chart movement on the images below and on the twitter link:

https://twitter.com/forexearly/status/5 ... 7024588800

To Access this trading system for 28 pairs go to:

http://www.forexearlywarning.com/

5-13-2015 USD Weakness.jpg
Attachments
5-13-2015 AUDUSD Chart.jpg
Good Trading
Mark Mc Donnell
http://www.forexearlywarning.com/
forexearlywarning
 
Posts: 27
Joined: Sun May 02, 2010 10:10 pm


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