28pairs currency strength trading system

This was the event. A strong speed signal for USD and JPY. We see clear in CS28: JPY was the weakest against USD.
The second signal was stronger. both signals played nice out.
90 to 100 pips to take on both entries.

AUDUSD M15 100 PIP
M5/M15 Speed signal in agreement of CS-GAP.
In agreement with H4 CS direction (higher TF trend).
Position added to winning trade.

M1 setups with NFP in Friday and CADJPY strongest Speed amplitude.
First setup long possible 20-25 pip
Reversal setups later 50 + 40 pip

This week is an MTF update available for Advanced Supply Demand Indicator. It is free for those who earn already the indicator. All Supply Demand traders will love it

What's new:
With this update, you will be able to show double time frame zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES.



How to combine supply and demand zones and currency strength speed (Impulse):

To above chart, I added Currency_Strength28_SPEED (input hide the other 6 CS lines=true, line width base, and quote CS=2).
We trade only short from supply or long from demand (until it is clearly broken).
SPEED: We check when one line hit (or is near) trigger line and the other line is opposite.
There are 3 short entries from supply, all are winners.
There is one long signal, it will not be taken because the entry is within supply.



This example is only for illustration. Normally I like to see more room between supply and demand zones!

I wish you all many green pips in the future.
Best regards
Bernhard

A cheaper combo offer for the indicators in a set is available.
Just send me an email to get the full info.
[email protected]

NEW Version Advanced Supply Demand 1.12
Showing double time frame zones. Here the AUDUSD chart TF Daily, PLUS the higher TF Weekly:
Reacion on NESTED DEMAND ZONE D1 + W1

Now we will add Currency Strength28 Indicator to confirm the trade.



We see USD Currency Strength (red) was in strong up move and lost steam when entering the demand zone.
It flattened first and then reversed. Same happened (inverted) with AUD Currency Strength (blue) a few bars later.
If you wish (and should) to go to the lower TF H4 you will find even better and earlier entry with very high risk/reward ratio.
(CS28 Indicator input parameters: Hide the other CS lines=true)

How the new MTF version of Advanced Supply Demand Indicator works:

I am often asked for trade rules list. They are all mainly posted in this thread and the second (link in post 1) but we can put it again together. Email me to get all the important links and manual. I do not want to rewrite the bible, some liberty is important. It is up to the trader how he trades and how it fits his personality because psychology is important in trading.
Well... the basics are:

 

1. Stay in trend of higher timeframe currency strength (go higher timeframe until line smoothes out and get direction of base and quote currency)
2. Trade on strong angles (like the range of currency strength from Market Fib 23 to zero, or speed/impulse trigger above 20-25)
3. Avoid flat market. (Market Momentum line not below Market Fib 23 / Intraday: M5)
4. Do not trade outside GAP if a currency is over or under Market Fib 100/-100 but wait instead for a flip and trade the pullback with inside GAP.
5. Check supply demand zones, do not trade against if it is not enough place for the target. (Especially the higher timeframe zones)
6. Always use a stop loss!!! Keep it behind a level like highs or lows or S/R. (A logic level that would invalidate your trade.) Avoid a fixed number of pips.
7. Try to find SL on lower TF and TP at higher TF, this gives you better risk/reward. Try to be better than 1:1. I did even target 5+ times bigger TP than SL but it needs good entry and experience.
8. Cut your losses soon and let your winners run. This is very important! Beginners like to do the contrary.
9. Avoid red news if you are a beginner. Close your profits before the news or trail the SL.
10. Last but not least Money Management: be conservative, do not risk more than 1% on each trade (measured on stop loss and lot size). It lets you stay in the game.

Hope it helps. My best wishes to Eastern Holidays and I wish you many pips.
Regards Bernhard

MT5 will be available soon. Starting with Currency_Strength28_MT5.

For the MT5 traders:

Currency Strength28 for MT5 is now available!

The other indicators will follow.
Like always just send me an email to get the full info.
[email protected]

We can practice the strategy trading rules. Check post 69 above.

Rule No 4. Do not trade outside GAP if a currency is over or under Market Fib 100/-100 but wait instead for a flip and trade the pullback with inside GAP.

Trade 1:
Speed/Impulse alert, CS28 DOUBLE GAP with outside direction within range market Fib 100/-100. 100 pip to take.

Trade 2:
Speed/Impulse alert, CS28 JPY just at Market Fib 100, but EUR over Market Fib 100 to near 161, too late, trade was forbidden.

Trade 3:
Speed/Impulse alert flip, CS28 hook, inside GAP from Market Fib 161, 40 pip to take

EURJPY M15 from last Friday

In another forum, we had this discussion and I think it is interesting to post here too.
A question of buddy Julian, he asked:
Which time frame would you trade and why?
His set up was this:

My answer was:
Well, you can read all. All 4 timeframes agree to buy CADCHF.
Think of it like a microscope. The more you go in the bigger the picture gets.
The small hook on H1 from market Fib -161 shows on all timeframes.
M1 is more the up and down within the positive (CAD) and negative (CHF) sentiment, the small pullbacks and pushes up for CADCHF.

And here we go, this is the trade:

Close on the red flip.

Due to the French election on Sunday we can expect gaps after the weekend.
Emmanuel Macron has won the French Presidential election.

How to trade a potential gap after the market opens with currency strength?

We speak here about a true gap. There is much to read about how to trade gaps but we want to see how to apply currency strength indicators. There are some technical rules:

Think of it like market started just right after the open. To have some valuable signals there must be a number of candles after the gap/market open. Let's say we use 5 candles of a timeframe. It would mean we have to wait 5 minutes after market open to start using M1 CS signal or wait 25 minutes to use M5 CS signal or wait (15x5) 1h15min to read M15 CS.

That way we can use higher TFs one after one while the time passes from the open.
(updated)

And here we go.
EURJPY opened with a 55 pip gap after the weekend.
We wait for 5 candles.
Speed/Impulse gave the fastest signal it can be used after 3 candles.
Currency Strength28 was at MFib 161 (EUR) / -261 (JPY) and flattened and reversed with CS inside GAP.
From here is the signal for short with 75 pip.

Showing here the correlation with CAD and Oil with the news Crude Oil Inventories.
CAD: left side green, Oil: right side golden.
With this example, you can also compare Currency Strength28 Indicator and Currency Strength Exotics which allows you to add one symbol more by choice.

Currency Strength Analytics for Gold:

Again a winner of 600 PIP !

As posted in 2017.05.12 gold started its first reversal bullish move from currency market Fibonacci -100 and it tested the light blue supply zone while it took a week to break it.
This recent supply zone is now broken as shown by the indicator. Gold strength is still rising but it is now higher than Market Fibonacci 100 as predicted in my posts before. Gold have entered now the weekly supply. While possible reaching the high of month April and CS is higher than MFib 100 we expect a pullback or reversal the time we see a hook in the gold strength line.

Be ready to take now your profits!

I hope you have been with us in the trade and made about 500 to 600 pips!



If you want to know where I am posting my free signals then email me!
[email protected]

New upgrades with signs on the chart and new alerts are coming out soon.

NEW: More editable alerts and vertical lines and arrows for currency momentum will guide your trading!

Advanced Currency IMPULSE with ALERT Version 2.0
How the arrow draws on the chart:

Advanced Currency IMPULSE Version 2.0

H1 signals shown by the arrow for last 3 weeks.
The old trigger line is replaced with historical dynamic buffer.
The rest of the MFibs (50 and higher) are not historical but only horizontal lines because it is not that important and buffers in MT4 are limited.

V-Lines showing bullish and bearish currency GAP sentiment but it is not jet an alert trigger.
While impulse alert (arrow) reads all 28 pairs, the V-Line is only for the actual pair of the chart.
Look for blocks of 2 or 3.



When using both indicators together the picture gets complete.

Advanced Currency Strength28 Indicator Version 3.0 shows when Currency Strength is at outer Market Fibonacci 161 reversal zone with the violet cross. (For Euro and less volatile pairs you might use 100 for this input.)
To get into the trade, wait until a pullback is completed and enter later at a better price. You can find entry signals on a lower timeframe.