Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.08.30 07:13
AUD/USD Intra-Day Fundamentals: Australia Building Approvals and 15 pips price movement
2016-08-30 01:30 GMT | [AUD - Building Approvals]
if actual > forecast (or previous one) = good for currency (for AUD in our case)
[AUD - Building Approvals] = Change in the number of new building approvals issued.
AUD/USD M5: 15 pips range price movement by Australia Building Approvals news event
Forecast for Q3'16 - levels for Brent Crude Oil
Sergey Golubev, 2016.08.31 17:10
U.S. Commercial Crude Oil Inventories
news event: intra-day bearish breakdown, daily ranging correction
2016-08-31 14:30 GMT | [USD - Crude Oil Inventories]
[USD - Crude Oil Inventories] = Change in the number of barrels of crude oil held in inventory by commercial firms during the past week.
commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) increased by 2.3 million barrels from the previous
Crude Oil M5: bearish breakdown.
The price was bounced from 100 SMA to below for the bearish breakdown:
Crude Oil Daily: daily correction.
The price is breaking descending triangle pattern together with 48.21
support level to below for the daily correction. The price is testing
100 SMA value at 47.48 to below for the correction to be continuing in
the secondary ranging way.
Forecast for Q3'16 - levels for DAX Index
Sergey Golubev, 2016.09.01 11:28
Dax Index Technical Analysis 2016, September: bullish breakout to be continuing or ranging for direction
is located above Ichimoku cloud in the bullish
area of the chart: the price is testing 10,686.2 resistance level
together with ascending triangle pattern to above for the bullish trend
to be continuing with 10,803.8 resistance as a nearest bullish target to
re-enter. Absolute Strength indicator is evaluating the bullish trend to be continuing in the near future.
Weekly price is on the breakout with the bullish reversal since the beginning of July this year: price is testing 10,803.8 level to above for the bullish trend to be continuing.
If not so the price will be on ranging within the levels waiting for direction.
SUMMARY : bullish
Sergey Golubev, 2016.09.01 17:17
Paramon Trading System
The history of the development.
is username of the trader who created this system long time ago for
Metatrader 3 (Metatrader 4 and Metatrader 5 did not exist in that time -
it was very long time ago). Paramon named his system Paramon Scalping
(but as we see - it is not real scalping). He did not use any indicators
and he traded just price action only using M5 timeframe charts (MT3).
on - the other traders created indicators for MT3 and MT4 to use this
system (Maksigen indicators or/and Paramon indicators) just because they
could not trade live without any indicator (having just price only on
the chart). For now - Paramon indicators were converted to MT5.
Paramon is legendary person and he was the first trader in our Metatrader world who started to trade breakout systems live on real account without any indicators placed on the chart.
We should always remember the people who were the first.
How to Trade and Free to Download
Paramon Trading system Part #1 (download indicators and template)
Paramon Trading system Part #2 (How to Trade)
Paramon Trading system Part #2 continuing (Pending order execution and stop loss placing)
Paramon Trading system Part #2 continuing (moving the stop loss by the trailing stop)
Paramon Trading system Part #2 continuing (Breakeven)
Sergey Golubev, 2016.09.02 14:48
Intra-Day Fundamentals - EUR/USD, USD/JPY, AUD/USD and NZD/USD: Non-Farm Payrolls2016-09-02 12:30 GMT | [USD - Non-Farm Employment Change]
if actual > forecast (or previous one) = good for currency (for USD in our case)
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.
"Total nonfarm payroll employment increased by 151,000 in August, and the unemployment rate remained at 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in several service-providing industries."
EUR/USD M5: 91 pips price movement by Non-Farm Payrolls news event
USD/JPY M5: 62 pips price movement by Non-Farm Payrolls news event
AUD/USD M5: 58 pips price movement by Non-Farm Payrolls news event
NZD/USD M5: 65 pips price movement by Non-Farm Payrolls news event
EURUSD Technical Analysis 2016, 04.09 - 11.09: ranging near bearish reversal
Sergey Golubev, 2016.09.03 13:40
Daily price is located in the bullish area of the chart to be
near and above Senkou Span line of Ichimoku indicator on the border
between the primary bearish and the primary bullish trend.
SUMMARY : ranging near bearish reversal
AUDUSD Technical Analysis 2016, 04.09 - 11.09: ranging correction to the bearish reversal
Sergey Golubev, 2016.09.03 15:10
Daily price was on the secondary correction within the primary
bullish market condition: the price was bounced from 0.7489 support
level to above for the ranging condition to be started. For now, the
price is on ranging within the following support/resistance levels:
Absolute Strength indicator is estimating the ranging bullish market condition to be continuing in the near future.
If D1 price breaks 0.7489
support level on close bar so the secondary correction within the
primary bullish trend will be resumed with the ranging way: the price
will be located inside Ichimoku cloud in this case.If D1 price breaks 0.7407
support level on close bar so the reversal of the price movement from
the ranging bullish to the primary ebarish market condition will be
started.If D1 price breaks 0.7691
resistance level on close bar from below to above so the bullish trend
will be resumed with 0.7755 nearest bullish target to re-enter.If not so the price will be on bullish ranging within the levels.
The most interesting pair you can make money with - EUR/NZD
EUR/NZD: bearish breakdown. This pair is on bearish market condition condition for the breakdown to be started on open daily bar for now: the price is breaking 1.5218 support level to below for the breakdown to be continuing. Chinkou Span line of Ichimoku indicator is located below the price indicating the bearish trend to be continuing on good breakdown way.
The most likely scenarios for the price movement for the week:If daily price breaks 1.5218 support level to below on close bar so the daily breakdown will be continuing with 1.5113 bearish target to re-enter, if not so the price will be on bearish ranging within the levels.
There are the following news events which will be affected on EUR/NZD price movement for the coming week:
Next setup.For M1 and M5 timeframe.I call it PriceChannel ColorPar Ichi
Two indicators and two templates are in zip archive on this post. So, download it, unzip, and
And you will have the charts which may be similar with this one: