Thread: EAFX-IQ250PLUS free forex forecast GBPUSD H1

We would like to introduce you completely new strategy of trading on forex market. This is the part of the strategy which robot EAFX-IQ250PLUS trades. Everyday, we'll publish the charts with analytics of this system. According to the charts any trader can easily identify where trend is going now. On the chart you see a triangle with angles of ABC. Each new triangle forms after the end of the day.

If you want to sell, you need to wait when the price breaks through the CB side of the triangle. If you want to buy, the price breaks the AB level. If the order was open for sell at a break of CB, the stop-loss order is placed by the level of AB. When price moves to the end of the current day(vertical dark blue line)then SL level moves to the AB line slope. When a trend turns to the opposite direction we repeat the same thing in reverse. Red and green color shows the highs and lows of the previous day. A classic take profit of the system is exposed so that the minimum or maximum level of the previous day, depending on the movement of the trend, adding 15-20 points. Or in other way monitor the price and fix the profit. One of the variants - t is a trailing stop. Please, note that the order is better to open when the price comes out of the triangle in the current day, if the price of a triangle comes back in the previous day, and continues its movement the next day, this signal is not very steady, and it’s better not to open the order.

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EAFX-IQ250PLUS free forex forecast GBPUSD H1 26.21.2011

If the price goes in to the green field you can buy, and if the price goes in to the red field, you can open sell order. Open orders when the price

of GBPUSD comes out of the triangle in the current day, if the price of GBPUSD of a triangle comes back in the previous day, and continues its movement the next day. Take profit of the system is exposed so that the minimum or maximum level of the previous day, depending on the movement of the trend, adding 15-20 points. Or in other way monitor the price and fix the profit. One of the variants - it is a trailing stop, or you can draw a channel, or Fibonacci levels.

Buy GBPUSD: if the price breaks through the AB side of the triangle.

Sell GBPUSD: if the price breaks through the CB side of the triangle.

CHART

EAFX-IQ250PLUS free forex forecast GBPUSD H1 12.27.2011

The price went up strongly now. But if the price will return to the triangle and breaks CB side. This will be a sell signal.
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EAFX-IQ250PLUS free forex forecast GBPUSD H1 12.28.2011

There is a strong move up now. If the price is coming out of the triangle maximum punch 27/12/2011 1.56790, then it will be a strong buy signal. If the price returns to the triangle and breaks CB side , it will be a signal to sell.

CHART

We see that the AB side has been broken at the level of 1.55070 now. Such a move was a signal to buy. If the level of 1.55699 is broken , then the price will rise to the level of 1.56300. Also, do not exclude the possibility of return of the price in to triangle. If the price returns to the triangle and punchs side of the CB, the downtrend movement will continue until the level of 1.53650.

CHART

After strong growth of price is likely to be flat during the day. This is evidenced by the fact that the price was out of the triangle yesterday. Position to buy will be open after breaking through the resistance level of 1.56710. Opening of the position to sell perhaps after breaking of CB hand of a triangle, which will be a strong bearish signal.

CHART

EAFX-IQ250PLUS free forex forecast GBPUSD H1 01.05.2012



Price remains bullish movement. A break of AB will buy signal.



CHART

Price came out of the triangle still 01.05.2012. There is a flat movement in a downtrend now. Break of support level of 1.54680 is strong bearish signal. The price may go down to the level of 1.53200. If the price will return to the triangle and the break AB side at 1.56240, it will be buy signal.


CHART

EAFX-IQ250PLUS free forex forecast GBPUSD H1 01.09.2012

The price is in a downtrend now . If the price breaks through the CB, the bears movement will continue until the level of 1.53666. If the price breaks through the AB side, it will be a strong buy signal.

CHART

The price is in a downtrend now . If the price breaks through the CB, the bears movement will continue until the level of 1.53605. If the price returns to uptrnd and breaks through the AB side, it will be a strong buy signal.

CHART