Let me explain the basic principle how most Forex systems work. They are tuned up to work in a specific market condition. They often make money in a trending market, but loose money in a choppy market. It is not a problem as long as the market is trending and the system is making more money than it loses. Such a system can be profitable for several months and you would be happy with it. Market change over time. A well designed system starts with trend analysis to stay away from potentially losing trades. There are two problems of how a Forex system recognizes the trend. PROBLEM: FALSE "STRONG TREND" INDICATION. The system responds only to immediate price action. An explosive price movement that is usually the result of news release is tempting people to jump in and make a profit. It looks like a "strong trend", but what usually happens next is a hard fall. Most systems use various indicators to determine the trend. Actually, there is nothing bad about using indicators. One Simply Moving Average can do the job. The problem comes with the question: "Is the market trending NOW?" Whether the market is trending or not trending is not like black and white. And here we have something called TREND RELIABILITY. Trends exist and they can be traded up and down for a profit. You have to focus only on the most reliable market trends.
There are also large debt problems in many countries, companies and individuals.
3 tds (trading days). I’m still looking for a move down probably over the next 2 to 3 weeks. This is getting late in the current Primary cycle. The normal range for the Primary circle is 15 - 21 weeks which would be April 9 - May 20. After this next low I’m expecting the markets to move up once again but I’m looking for increased volatility. June has the potential to be very volatile where money can be made qickly and lost just as fast. Volatility should continue in May and June 2019 in particular. Jupiter square Neptune which we have mentioned numerous times may be the real problem as these planets in aspect can be quite inflationary. This is magnified with Jupiter in Sagittarius and Neptune in Pisces, both in the sign that they rule. There are also large debt problems in many countries, companies and individuals. One of the reasons I’m looking at Gold here is Inflation coupled with the above debt problems.
Next week may see more of the same and not much progress in the markets. This should change as we move into June and approach the Jupiter / Neptune square on June 16. Note the other aspects dates below in the SP500 section. Jupiter rules the court system,judges, senators, big business, foreign relations, inflation and higher education. If there is a big move or unusual event near June 16 watch around June 21 for a reversal. 3 td’s could be an important day for the markets. Gold We either put the low in on April 23 or we may have put in the trough on May 2. We came back to this general area again on May 22. This would be a triple bottom for Gold. We are in either week 26thof an older Primary cycle or we are in week 3 of a new Primary cycle. If so we should be headed up.
If our cycle count is incorrect and Gold attempts another move down to the 50% Fib area it would be bearish. I’m still holding some Gold. It is important for Gold to hold near the 50% Fib retracement which is at 1273 to protect against a sharp move lower. Crude's Crude started up on Dec 24. We are entering the 22nd week of the Primary cycle. I was looking for a move down and we got it. We should be headed down but watch for this to reverse into a Primary cycle bottom. Watch for OPEC moves. The Primary cycle trough was on Dec 24th 2018. We are currently entering the 22nd week of the current Primary cycle. The Primary cycle is approx.18 weeks and is typically composed of 3- 6 week sub-cycles or 2-9 week sub-cycles. The Price moving averages, the 15 day sma and the 45 day sma were both turning over.
The 15 day sma is red, the 45 day sma is blue and the light blue is the 200 day sma. One can also use extended retracements which typically use the square roots of one of the above. The above daily chart shows upcoming medium term cycles at the bottom of the chart. Jupiter square Neptune will be with us for most of the year. Due to retrograde motion Jupiter will square Neptune 3 times. This combination can point to an increase in spending, inflation, currencies and potential debt problems and bankruptcies. This could be on and off all year. Neptune alone is about illusion and delusion. Jupiter can be very favorable but can tend to overdoing things. Jupiter in Sagittarius should emphasize banks, judge’s, barristers and the courts in general. This would also cover major institutions like universities. Both Jupiter and Neptune are in the signs they rule making them more natural and powerful.
Together they may have the astrology of “Irrational Exuberance”. Whenever we get longer term aspects we should look at other planets in transit that may hit the longer term aspect. May have a violent effect although unsure if Mars will effect the Solar Eclipse energy. If so watch hostilities possibly between India and Pakistan. July 2, 2019 Solar Eclipse. Has a history of market volatility and big moves in the markets. May effect trading and short-term communication including approval of news coverage, transportation and the internet. Jupiter in Sagittarius can emphasize trade and not just the USA. It can emphasize the positive aspects of Jupiter square Neptune that is a liberating, positive energy which can effect trade and other aspects of life. June 18 Saturn sextile Neptune. Habits, chronic ill health. Gas poisoning and diseases of the lungs. It is not unusual that Neptune retrograde will result in a basing pattern with double or triple bottoms instead of a V bottom.
Look at the triple bottom forming in the SP500 and Gold. This and Venus square Neptune below should emphasize the Jupiter / Neptune square. June 24 Venus square Neptune. Mars conjunct Vulcanus . This could be a violent time. Literally there could be a volcanic eruption. The above list of aspects should make for one of the most volatile time periods of the year. When looking at any Astro analysis for 2019 we should remember the effect of Jupiter square Neptune and Saturn conjunct Pluto. These aspects will be with us all year and beyond. See the Bradley Indicator at the end of this section. If the current volatility continues watch for a cycle turn. The following daily chart of the SP500 is what we have been showing under the 24 Harmonic chart. This is the basis of what we have been forecasting on. Following is the 24 Harmonic chart we have shown for many months. The Jan 2 date was a big range day. “This coming year could see an increase in geophysical activity, both earthquakes and volcanos.” Late June through early July may see more geophysical activity.
See the link under “Earthquakes”. This is an application from the USGS. Geophysical activity has been picking up. On a longer term basis the following monthly chart of the DJIA shows the 15 year cycle (red vertical lines) and the 45 year cycle (blue lines). The 15 year is due now or took place April - June 2018. The 45 year due in Sept 2019. This is another example of a longer-term cycle possibly distorting shorter term cycles. Bear in mind they need a broad orb. Although we do not have enough data the 45 year cycle pointing to Sept 2022 this could also be the 90 year cycle. We do not have enough data to make the 90 year call. The following daily chart of the SP500 shows 2 Envelope channels. 20 week envelope channel. Blue is the centered 40 week envelope channel. The dark blue squares are the Sun / Neptune square which is often a short term change in trend. We have had this noted it was due for a sell.
Also note the dark blue squares. They are the dates of the Mars square Uranus transit. The red averages are based on the 20 week so they are shifted 10 weeks or a ½ cycle. This is known as a centered moving average. I brought up Iran on the last couple of posts. I’ll come back to those charts on any potential signs of conflict. It is getting close. Other cycles and Astrological events are the 20 year cycle and heliocentric Jupiter in Sagittarius. The vertical black lines are the 20 year cycle. Note the lows. It is due again near March 2022 but it needs a wide orb. The blue x’s show when heliocentric Jupiter is in Sagittarius. This, most often, has the market moving up. The next chart shows both these items. The aspect Heliocentric Jupiter in Sagittarius came from MMA. See the previous blog post for more details on the eclipses.
More on the July eclipse in a couple of weeks. This stock index forecasting tool was designed by astrologer Donald Bradley and published in 1947 in a booklet titled "Stock Market Prediction". On the cover this tool is called the Planetary Barometer and inside the booklet it is called a Siderograph. Now it is simply called "the Bradley". Bradley is meant to forecast major and minor turning-points (where a trend will reverse) in either the Dow Jones Industrial Average or SP500 indexes. Bradley's work was obviously on the DJIA. It does not forecast or anticipate whether that turning-point will be a high or a low. It has no polarity. The Bradley may turn up while the DJIA turns down. The amplitude of the Bradley swing is also not important. It only finds periods where trend changes occur. It should be understood Astrologers in decades gone by who had no computers, spreadsheets, or databases to analyze data typically worked with much smaller data sets than we do today.
This maybe why the Bradley worked so well when it first came out in 1947 but now is somewhat unreliable. Now, it goes through periods where it works fairly well but then can stop operating for months at a time. Originally it was for geocentric astrology (Earth centered) but there are now heliocentric models (Sun centered) and others. So if the Bradley only identifies trend changes, what are trend changes? The red line is the Bradley Indicator. We are in the 26th week of the Primary cycle. The trough was either May 2nd or it was the low on April 23th. May 2nd may have been a double bottom. Gold has been in a trading zone since late December 2018. I’m looking for Gold to break up or down. I’m watching the Fibonacci levels at 38.2% and 23.6% as well as the 50% Fib. These could act as support or resistance. On occasion the Primary cycle can extend away from it’s more normal length of 18 weeks.
The red lines headed up are the Mars price lines.
The Sun conjunct Uranus on April 22 was very volatile and affect precious metals, Gold and Silver. The following chart shows two daily envelope channels. The vertical red lines are a 20 day cycle. The following chart shows a 27 cd (calendar day) cycle (blue vertical lines). The Moon takes 27 days to orbit the Earth and the Sun takes 27 days to revolve once at the Sun’s equator. The red lines headed up are the Mars price lines. Gold had been moving up and have found both resistance and support at the Mars price line. The darker red Mars lines are the main aspect. Moving below the red Mars price line was bearish now we need to move above the red Mars price line as a positive sign for a move up in Gold. Gold may follow the red, Mars price line up. The small blue x’s on the chart show when heliocentric Mercury is in Sagittarius.
We often see changes in trend in Gold when Mercury enters heliocentric Sagittarius. Looking at this whole chart it is based on a 24 harmonic. If you count each line from one darker red line to the next you will find there are 15 of them. The following chart shows when Mars enters a new sign (red squares). It often affects Gold. Mars is in Gemini and changes signs into Cancer on May 15, 2019. The same day Venus changes signs into Taurus. Watch May 15 for a change in trend. Watch for geophysical activity around this timeframe. Oil is recovering from a strong move down and may have reached the trough of the Primary cycle on May 23, 2019. Since putting in a high on April 23 ,2019 crude has started down. The low on Dec 24 was the Primary cycle low and may turn out to be a larger cycle low. I’m expecting crude to go lower. 15 day sma . Price has broken through the 15 day sma. And now the 45 day sma is sitting on the current price. I am expecting crude and possibly marijuana stocks to be affected by the forming Jupiter / Neptune square. Jupiter and Neptune are the co-rulers of Crude. Price has fallen back for a couple of days. Beyond affecting crude these two planets have to do with illusions and delusions.
When choosing a time frame, you can pick from tick (seconds), minutes, daily, weekly, to monthly.
Using a technical analysis software can tremendously help you to make the best entry and exit decisions. The functions of this software can vary from the one that only help you in certain area to the one that will automate all the process for you. Charting is the bread and butter of technical analysis. Basically, no technical analysis is possible without charting. The chart form is a graphical interface that reveals price, volume, and technical analysis indicator like Elliot Wave, Fibonacci, Gann Fan, etc. There are time frame selection available so you can pick the one that match your strategies. When choosing a time frame, you can pick from tick (seconds), minutes, daily, weekly, to monthly. You can also select a time range by date and access to certain historical data with varying time frame. Back testing is used when you are testing various trading strategies or systems. You just simply apply the strategies to a certain time period from the historical data and see how it performs against the market movement during that time. While this method is good to a certain degree, rely on it too much have caused the fall of many traders.
For instance: the prices has gone through support or resistance line.
The reason is they tested their strategies with historical data and keep altered it so it can be a profitable strategy in that time frame. Most of the time, these tester will forget to test their modified strategy in current market condition. This is not a wise decision; a strategy that works well in 2001 but fail at the current condition is as good as trash. Forex traders use alert software to notify them when the particular conditions are met at the market. For instance: the prices has gone through support or resistance line. This notification will be send to the trader via screen pop up, email, short messages, instant messenger, or any other communication means. Certain technical analysis software has feature that allows it to integrate itself with a brokerage platform, thus you can trades on a familiar platform. This will also make it easy to trade since you can just make an entry from the chart. Using technical analysis software can greatly help you to analyze the market, make entry and exit decisions, and predict future market movement. If you love analyzing market and do not want to rely on somebody else for that, this software is invaluable.
Every successful Forex traders in the world today were once a beginner indeed.
When you're new to Forex trading, things seem incredibly exciting and thrilling; but only after the first few losses you realize how quick-paced the markets are and how dangerous its volatility is. Starting off as a Forex trader means that you are left unaware of many trading nuances, and completely new to several concepts. Getting up to date with the basics is of paramount importance, and will help you find the perfect start to your career. Every successful Forex traders in the world today were once a beginner indeed. The following lines has the valuable information for beginner forex traders who could learn "how to start Forex trading" at its best. Understanding Market Movements : As a Forex trader, it is essential that you know and understands currency market movements. To be put simply, Forex trading in Sri Lanka is affected by economic, mini_forex's Profile Forex Factory social and political disruptions. These changes cause new trends to rise and old ones to fade in the world of foreign exchange.
They also have control over the change in a currency's value, which makes it important to study markets! Before you make trades, take some time to educate yourself. 1000, irrespective of how much money you have for Forex trading, the risks should always be minimal. Starting off, you should risk no more than 2-3% of your capital, and this trend should be stable. Else, erratic trends will strike your trade where it's weak and you will incur heavy, irreparable losses! Employing the Right Stops : Stop-loss placement is something that will help you preserve capital and improve as a trader incredibly. Stops are orders placed on trades that pull you out when a certain amount of money has been lost; so with this limiter in place, you will be able to trade boldly and not have to fear big losses! These are the top 4 information every Forex trading beginners should be aware of while starting online trading. Make the most of it. Once these 4 basics have been perfected, you can go on and start Forex trading in Sri Lanka confidently! Though erratic, you will get used to the markets over time and learn how to make bigger profits eventually. Want to speed up the process and take to the top immediately? Get experts opinions at its best as soon as possible.
Topic title: FREE FOREX TRADING SYSTEMS
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