InformationGazetteinfo
Providing Corporate Information
Forex Trading
Money Market
FOREX
Mutual Funds
Asia Market
Stock Market
Asia Countries Risk

Forex Indicator Trading Startegy

Ronnie H. Rusli, Ph.D.
Produced by
DBFX




1. Time Scale: 6Mo-9Mo

2. Stochastic: %K:14 %D:4 N:4 Stochastic »For leading market

* If in Over Bought >80 %K line move from over to under

the %D line, then its selling sign.

* If in Over Sold <20 %K line move from under to over

the %D line, then its buying sign.

3. Moving Average Convergen Divergen: MACD(5,26,9) or

MACD (12,26,9) or MACD (5,35,5) or

MACD (20,50,1). MACD »For trending market

MACD line above Signal line: Bullish

MACD line below Signal line: Bearish

MACD X Signal frm above: Begin to Sell

MACD X Signal frm below: Begin to Buy

4. Bollinger Band: (2,14)or (2.1, 50) or (1.9,10)

or (2, 20). Bollinger »For trending market

Long Strategy : Buy @ lower band

Sell @ MA/ upper band

Short Strategy: Buy @ upper band

Sell @ lower band

5. William (14d):</= 20% Selling Point William »For leading market

>/= 80% Buying Point

6. RSI (Relative Strength Index 14d)

Look at range 30-70. RSI »for leading Market

Short Strategy: Buy @ slight>70 when %K line cross over %D line

Sell @ slight<30 when %K line cross below %D line

Long Strategy : Buy @ slight<30 when %K line cross below %D line

Sell @ slight>70 when %K line cross over %D line

@ >/=70 up (over bought/sell level)

@ 50-70 upturn 30-50 downturn

@ 50 range is resistance

@ </= 30 down (oversold/buying level).

7. Momentum to see: rise and fall. Momentum »for leading market

Below 0 to - 3 line: market fall.

Above 0 to +3 line: market rise.

8. PSAR Parabolic Stoping & Reversal. PSAR »for trending market

Parameter Accleration = 0.02 Max= 0.2 Buy.

when point position below the Price.

9. MA set at 5 and 20 or 60 days.

10. RVI = Relative Vigor Index. RVI »for leading Market

RVI X Signal line from above: Sell sign X = cross

RVI X Signal line from below: Buy sign X = cross

RVI above Signal line: Bullish

RVI below Signal line: Bearish

11. William Oscillator (7,14,28). William »for leading Market

If >/= 75 over bought if </= 25 ovrsell.

12. Force Index: + buy when - sell

13. Pivot Points Range »R1-S1 flat/sideway-trend

»R1-S2 down-trend

»R2-S1 up-trend

R=Resistance: supply hi/no demand its DOWN

S=Support: no supply/hi demand its UP

>60 min chart use daily pivots

>60 min/more chart use weekly pivot

Daily chart use monthly pivot

Price open below central Pivot market is weak

Price open above central Pivot market is strong

14. Fibonacci is »for trending market taken at range of 2-4 weeks

Interspace and at level of 29%.,38.2%.,50%.,61.8.,100%.

TO CARRY SHORTING

Stochastic :@ Over Bought(OB)area(>/=70): %K line from above X to below %D

line.

RSI :RSI line X from above to below 50 line.

MACD :12 SMA line(fast MA line)X to below 26 SMA(slow MA line).

Shorting strategy in downtrend.

Sign: sideway tract& shooting star candle and trending condition.

BUY/SELL strategy in uptrend.

Sign: up trend & hammer candle exist and trend line break

BUYING STRATEGY:

Stochastic:@ Over Sold (OS) area(</=30): %K line from lower X to above %D

line.

RSI. :RSI line X from blw to abv 50 Line.

MACD. :12 SMA line (fast MA line) X to abv 26 SMA (slow MA line).

SELLING STRATEGY:

Stochastic:@ Over Bought(OB) area (>/=70): %K line from above X to below %D

line

RSI. : RSI line X from above to below 50 Line.

MACD. : 12 SMA line (fast MA line) X to below 26 SMA (slow MA line).


TIME FRAME TO LOOK FOR CONFIRMATION

If look on:

1. Weekly » 14-15 Months chart scale confirmation

2. Daily » 4 Months chart scale confirmation

3. 240 Min » 1-2 Weeks chart scale confirmation

4. 60 Min » 3-5 Days chart scale confirmation

5. 15 Min » 20-30 Hours chart scale confirmation

6. 5 Min » 15 Minutes chart scale confirmation.

LOOK TO (« »)

monthly « » weekly « » daily « » 240 minutes « » 60 minutes « » 15

minutes « » 5 minutes.

LOOK ON CANDLE CHART

Short Term Trend » 2-15 candles.

Secondary Trend » 15-60 candles.

Primary Trend » 60- 100s candles.

Note: Charting Scale.

For 15 minutes the chart scale is Hours (DT)

For 60 minutes the chart scale is Daily (PT, ST)

For 240 minutes the chart scale is Weekly (ST)

For Daily the chart scale is Monthly

For Weekly the chart scale is Monthly (T)

For Monthly the chart scale is Yearly.

ST = Swing Trader DT = Daily Trader PT = Position Trader.

TRADING PLAN:

1. Market traded

2. Direction traded from (L or S)

3. Date and time

4. Signal used

5. Time frame trade (15, 60 min or D, W)

6. Trend and counter trend.

Back to Index


Bloomberg
Reuters
Wallstreetcity
WSJ
FT
Finportfolio
Morningstar