Time Cell Trading

GBPCHF, H4, 2010 December 16

GC has forming a H4 divergence, and weekly the same. If support line (weekly) hold then the are excellent aspects for some more enter longs.

Enter Long at 1.5050

Target: 1.5190 (MR2 1.5198) / 1.5325 (R3 1.5335)

See also AUDCHF at #1184, and the correlation at #1203, please.

Market Tip

In Forex we don't have the burdon of financial statements by itself. However, we can still analyze a currency's condition (strength or weakness) based on a number of factors. Combined, these give us a better indication of a particular trade's worthiness.

Forex Market isn't predictable - there are only different weighted pro and cons - so future market price should be more a matter of conjecture), you should be familiar with a minimum:

(1) The currency's behavioral characteristics, say how much does it move (hourly?, daily?, weekly?), does it moves abruptly?, graduelly?, does it spike?;
(2) the economies of the currency pairs (strong?, weak?, budget deficits or surplius?);
(3) the general market trend (up, still, down);
(4) where the current market price is relative to today's movement, yesterday's-, last week's-, last month's-;
(5) how do the microcharts (M1, M5, M15, M30, H1) relates to the macro- (4h, daily, weekly, monthly); and so on.
(6) Try to find out the currency-pairs at all hazards which could have better option for making a profit.

Market Tip to connoted as trade examples - these are trades how I would like to realize it in the given market situation so to say a display windows of some of my trades.

Kindest Regards
FXcube

http://www.mataf.net/en/tools/01-01-correlation

May be you have read something like this picture below, like "tips you can trust", "how to get a millionaire" or the like.

It simply isn't true!

Learn how you will participate at the forex market with your skills and capabilities and learn from other who lend a helping hand.

Might be not the worst idea to trade the EURUSD down and contrary some longs at H4 the positive divergence GBPJPY north, (but daily 1.2968 could be possible) - ceteris paribus (without any "speculation whipsaws").

For higher likelihood of success try to align market action with price action.

Trade Example:
Range Bound Trading at M5
Trading the Tops and Bottoms at CCI(14) in conjungtion with the upper and lower line of Bollinger Band (BB)

Could be excellent in nights like this one. Why? For the simple reason that the EMA10/20 lines are going parallel!

EURUSD, M5, 2010 December 16

Ger30Dec10, DAX, December 10 CFD, Daily

Might be a good chance for an enter down around 7024.

Weekly has reached the Murrey Math "Overshoot Level" [+1/8], M30 shows some indifferent candles.
Take a look if H4 will crossing the EMA20 Line downwards.

EURUSD, H1, 2010 December 16

Open Trades, 250.-$ Real Account, 2010 December 16

Closed Trades, 250.-$ Real Account, 2010 December 16

Profit Today: 10.53 $

(4% till noon)

EURUSD, M15, 201 December 16


Might be it could be better today to trade the CCI(14) Tops and Bottoms at M1/M5 with a look at higher timeframes (M15/M30/H4) and the Daily Pivotal Points.

EURUSD, M1, 2010 December 16

50'000.-$ Account "Aelliot50K" , Beginning Date: 2010 December 05
(Target 250,.$ a Day)

Actual: 2010 December 16

Equity: 75'473.32$

Profit: 25'473.32$ (50% within 2 weeks)

http://www.myfxbook.com/members/Aell...liot-50k/68408

Closed Trades, 250.-$ Real Account, 2010 December 16, 16h16GMT+1

Profit Today: 21.43 $ http://cdn.forexfactory.com/images/s...m/thumbsup.gif

(~8% today)

250.-$ Real Account, Beginning Date 2010 December 07

Equity 250.-$ Real Account, 2010 December 16


Equity: 310.32$

(24% Profit within 10 days)

50'000.-$ Account "Aelliot50K" - (Target 250,.$ a Day)

Clodes Trades Today, 2010 December 16

Profit: 3'955.80 http://cdn.forexfactory.com/images/s...m/thumbsup.gif

http://www.myfxbook.com/members/Aell...liot-50k/68408