CrystalFX Market Analysis

The  Parabolic SAR  is a  technical indicator  developed by J. Welles Wilder to determine the direction that an asset is moving. The  indicator  is also referred to as a stop and reverse system, which is abbreviated as  SAR Its a common indicator and I believe so much in the signal indicating market strength. Combining it with SMA 21 will signal a period of time when market is strong to move in a particular direction The opportunity to trade the up-trend market is when the PSAR and blue 21 SMA are in BULLish direction. In the D1 timeframe, you will need a good Oscillator like Stochastic 14,7,3 or DCI in the image above for entries from over sold region.  

Considering the MACD CFX strategy, the USDJPY clearly an uptrend from the D1 timeframe.  The buy pressure is also fresh on the H4 timeframe looking at the DCI indicator. The Fibonacci levels can be good entries and exits.  

 The bullish run in the past few D1 and H4 candles is clear using MACD CFX. The D1 and H4 is prepared for BUY but the followings we must carefully consider: - USDCHF current price is making triple tops and that may be a major resistant zone. - The DCI oscillator is overbought in M30 so we need to wait for it to relax to the oversold levels for a BUY signal to make sense. I will be BUYing when the DCI is bullish from below the middle levels in M30 or H1 timeframe

The D1 timeframe for GBPCHF remains uptrend considering the MACD CFX Strategy . The H4 timeframe is still bearish and good to monitor this week for possible BUY opportunities. Waiting on the DCI indicator to give a BUY signal.

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The Daily timeframe for USDJPY and USDCHF shows a strong trend enough to the up side of the forex market. The DCI and the long DSS indicators are bother bullish - this is strong trend. However, patience is needed for and if the H4 vertion of the timeframe for DCI will go bullish. Then and if then one can start to plan BUY for few pips.

 Compliment of the season! I will be starting the new year 2021 with this new forex market trading strategy. Its very simple to follow and its trend following. I will be trading when the trend is strong. INDICATORS - MACD Traditional - Dynamic Cycle Index (DCI) The approach requires a good skill in multiple timeframe analysis. It is a kind of top down chart analytical approach. You start to watch the trend from the D1 timeframe as you can see below. Like I said earlier, we want to trade when the trend is strong. How do we check that in the D1 timeframe? We wait for the MACD lines to give trend that is same with that of the DCI.  In the image above, the trend is down-trend because, the MACD trend and that of the DCI is same to the down side in the D1. Now we go down to the H4 for clearer and better entry price zone.  The H4 image above we wait for DCI to give down-trend from above the middle line and we are good to make cleaner entries in the M30 timeframe as you can see b...