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NicoleFX

Masterforex-V Signals and Analysis

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Greetings to all members of this forum.

 

In this topic I wil be posting GBP/USD and EUR/USD currency pairs reviews based on Masterforex-V New Technical Analysis

 

If you have any questions regarding some Masterforex-V elements and instruments, or regarding provided reviews - feel free to ask here in this topic. I will try my best to explain.

 

Also - if any of you are familiar with a term: "synthesis of binary regularities". And you are familiar with Masterforex-V market analysis aproach - You are more than welcome to epxpress your opinion on live market situation.

 

p.s.: I hope this is the right section to open this topic. If it is not - moderators, please move it to the right section. Thank you in Advance.

 

 

GPB/USD Mid-Term analysis

Small "middle-week" recap on GBP/USD "new" situation.

As trend up proceeds MF pivot moves together with the price, that way we constantly go with market where it goes.

 

5404422.jpg

 

 

EUR/USD Mid-Term analysis

 

Since last weekend nothing really changed for Eur/Usd, until breaking-through one of key-points - this currency pair will stay "Flat".

 

5392134.gif

 

 

Best regards,

NicoleFX

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Week 19 GBP-USD Mid-Term analysis:

 

5465588.gif

 

As you can see from picture above - MF protective pivot and MF Channel are not broken. But AO - is starting to show, that wave level of current correction is higher than h4, which means that a new cycle is starting. After confirmation of MF pivot and MF channel we will have following options:

- NEW FZR up = trend up prolongation

- start of an h4 (minimum) flat

 

 

EUR/USD Review

5455129.gif

 

AS you can see from the picture quite important MF pivot is broken now. Which means that the whole trend up stopped (AT LEAST).

 

1. Now for Eur-Usd trend to proceed we need a new FZR series up (which later will be called as Elders Baskerville hound pattern (usually its sub-waves are a-b-c-X-a-b-c)

 

2. To turn-arround, we need a FZR down d1 (at least). Moment of true will show everything.

For now – flat at least of h4-h8 level.

Edited by NicoleFX

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Hey there.

A small update on Eur/Usd.

 

Please see key notes on the picture:

 

5502812.gif

 

As I mentioned on the picture:

- Impulse down is still developing (not finished yet). Its Wave Level reaches D1 already. Wave Level can easily grow even higher. Will be growing until particular conditions happen (AO d1 or FZR h1 up - please see picture).

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GBP/USD - week 20:

 

5516570.gif

 

As a conclusion:

Gbp/Usd mid-term trend up is still valid. There is a "stop" on smaller TF's, and Gbp/Usd will be facing a "moment of true" upcoming week. But For this trend up (purple wave) to turn around - FZR down of h4 wave level (at least) is need.

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Hey there.

A small update on Eur/Usd.

 

Please see key notes on the picture:

 

5502812.gif

 

As I mentioned on the picture:

- Impulse down is still developing (not finished yet). Its Wave Level reaches D1 already. Wave Level can easily grow even higher. Will be growing until particular conditions happen (AO d1 or FZR h1 up - please see picture).

 

Nothing really changed on Eur/Usd pair since my last "update".

 

So let's take a look at mid-term situation:

5519642.gif

 

Best regards,

NicoleFX

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Greetings everybody.

 

This weeks Eur/Usd analysis:

5696836.gif

 

As you can see from picture above - Eur/Usd impulse down is still developing. And now it reaches already weekly level (see AO indicator on weekly TF).

At the moment MF pivot protecting this impulse down is at 1.372

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Greetings, Eur/Usd weekly review by Masterforex-V

 

5750269.gif

 

As you can see on the picture - Eur/Usd impulse down is now finished (MF protective pivot is broken). Its wave level reaches Weekly TF. At the moment we are inside the "Moment of true" with two options:

 

Option 1:

a-b-c cycle of lower TF as a correction for the whole impulse. With a chance to continue the long term trend up (if 1.3983 high broken)

 

Option 2:

"New A wave" down (without a "normal" correction with a-b-c cycle). In this case we will have a "hidden FZR" down with further developing of a long-term impulse down.

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Masterforex-V World Academy starts a unique event:

 

To celebrate the opening of the English branch of Masterforex-V, one of the "Senior Members" of the Masterforex-V Academy agreed to hold a "crash course."

 

A group of people entered the Academy until the end of June 2014 will not only get access to a private Academy forum and Materials of Masterforex-V, but will also have the opportunity during the first three months of "live" chatting with a professional trader using Skype chat. There is even more, they will receive a live individual assistance during the study of the Masterforex-V World Academy`s materials.

 

Do not miss this opportunity, hurry to register. Number of “seats” in the group is limited

Registration is opened until June 25, 2014.

 

To register, send your request to email: members (at) masterforex-v.com

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Hi, phaynes1985)

 

MF - stands for Masterforex-V

 

FZR - is a Fractal-ZigZag Trend reversal figure (a biggest discovery of Masterforex-V). It is one of the most imporant discoveries in Masterforex-V TA. It is a universal pattern that shows that trend is turning arround. Masterforex-V says - any trend lasts from FZR till FZR (of same Wave Level)

 

 

MF Trend Line - is a modification of a Trend Channel.

In Masterforex-V TA it is one of binary elements that is used to determine the Wave Levels, and helps to synthesize different time-frames.

 

 

1. MF channel simplifies the process of identifying waves at different time-frames and simplifies their synthesis.

2. Identifies the current Wave Level and reveals the principles of transmission to a higher Wave Level, on larger time-frame.

3. MF Channel helps to identify the extension of current wave;

 

With help of it any correction model can be easily identified online and not post factum. It helps also to identify the wave extensions "onilne".

 

If you have more questions, I will be glad to help you:)

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Greetings

At the moment Gbp/Usd - is back to its trend up.

As Long as protective MF pivot 1.6920 is not broken - trend up is proceeding

 

5862867.png

 

Best regards,

NicoleFX

representative of Masterforex-V Academy

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Hi)I'm new to forex.

Could you please explain how can I find the first wave?

 

Thank you in advance

 

Hello, NUEN

 

This is very interesting and right question. If trader finds the first wave correctly, he will have starting point from which he can continue to work and to keep up with the market.

If you know where the first wave (the beginning of new cycle) is – you know where the end of is previous. (It means that he knows where stop or reversal of the trend is).

 

Masterforex-V Technical Analysis – with the help of synthesis of binary elements – give the opportunity exactly in real-time to determine the origin of the first wave and the wave level of it.

 

If you have more questions, feel free to ask:)

 

Best regards,

NicoleFX

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Greetings,

 

GBP/USD

As mentioned before - as long as MF protective pivots are not broken - trend up will proceed.

Now we have a "New Reference Point MF". And also a New protective MF pivot (please see picture)

5951891.png

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EUR/USD

 

Eur/Usd pair has now entered to the Mid-Term Flat.

 

And it is facing a "Moment of True" at the moment.

 

UP - "New FZR" - and prolongation of Long-Term Trend

Down - FZR - and start a new Long Term Trend down.

 

5954963.png

 

Best regards,

NicoleFX

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How can we manage the psychological stress upon the rapid growth of the deposit?

 

Greetings,

Today I would like to share with you some interesting information.

 

If we analyze the state of the trader after receiving a profit or loss, it is impossible to determine where more efforts have been exactly spent. It is impossible to establish the relationship between winning and losing the time spent on the analysis, on the amount of "blood and sweat” and after this, the person is more exhausted. At the end of the trading day it is clear that efforts for satisfactory operation might require significantly less than from more severe and complete loser.

So what's the secret, what is more important – to be tired, exhausted and finally to make a profit? What is the reason of successfulness? How to choose the easy way and not the right?What depends on getting more wins from and whether you can learn this?

All these questions are answered by the experts of Masterforex-V Academy

At first glance, complex problems have the same difficult decisions. In fact, everything is much easier; experts of Masterforex Academy found the way out of any situation arising during the trade and create a real shock to the psyche.

Faculty teachers recommend:

Be consistent: on the background of various acting forces, constantly changing directions of courses, complications in the work of terminal, adding chaos, it is important to remain consistent. Successful traders, following the mentors, tend to pay more attention to the preparation of a trading plan, compliance of Money management, opening and maintenance of products, that definitely keeps quiet and gives you the opportunity to avoid stress.

 

To be able to focus: a lot of conditions to make money are offered at the market. It is difficult to handle with everything and is not necessary. The advice to focus on the narrow speciality is very helpful for traders. This allows you to narrow your attention, give yourself an advantage – although in a very small area to wrap their knowledge into profit.

Almost all traders in the media are called "players" and they think that this humbles them. But for peace of their mind, each participant of stock and trading in particularly, for whom the most critical condition of stress-relieving work is to admit that yes, "We play for money." Only after this, changes attitude to work and to money itself. After all, knowing what you risk and how much you risk, you begin to think: if it is worth to convert into a gamble things that we do every day. You will indicate those, who answer this question: who is who – either they are professionals or amateurs.

At the Beginners School at Masterforex-V Academy, students are given direct recommendations about working on demo and real accounts.

Among the simplest and the easiest one to master are such as:

- When trading, there must be five thousand in account - maximum lot (0.5 lot)

- Do not increase lot upon successful trading when there is a rapid growth of the deposit. This leads to uncertain actions in case of subsidence and adjustments and early exits.

- Minimal lot = 40 % from maximal (when the score is 10 000 = Range is 0.4-1 Lot)

- In the range of lots you choose that is "comfortable" and does not cause fear at every pullback

- To reduce the burden on the psyche, you should close lots fractional

- Wait the pullback a-v-c, after breaking through the peak there is a continuation of the trend

- To output 30% -50 % of profit - it allows you to "spare" psychology through the rapid growth of the deposit

Implementation of all these rules, helps you to remember that the deposit on Forex is opened for stable earnings, but not for increasing of account.

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Greetings,

GBP/USD review

New MF Protective pivot is created (1.7060). As long as this pivot is not broken - trend up will proceed.

 

If price will break through the protective pivot = trend up of wave level h4-d1 (thats started from 1.6680) - will stop at least. To turn this trend around, a FZR of appropriate wave level is needed.

5925755.gif

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EUR/USD

A FZR down of h8 Wave Level happened today (inside the mid-term flat) - This FZR can trigger a FZR down of higher TF (d1)

5923707.gif

 

Eur-Usd

As mentioned before - a FZR down of lower TF (can)has triggered a FZR down of higher TF. Which means, that we have a Domino Effect down.

 

At the moment Eur/Usd has trend down of d1 TF. This trend down will proceed until:

a) an MF-protective-pivot will be created and than broken.

b) Or until a new FZR up happens.

 

p.s.: I will keep you informed :)

5988543.gif

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GBP-USD

Gbp/Usd made an impulse down of D1 Wave Level, which stopped the trend up. But to turn it around a FZR down of higher Wave Level is needed.

During next couple of weeks Gbp/Usd will come back in to his "moment of true" and will show us "what it want's to do".

5989567.gif

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Why do juniors make so many mistakes?

 

Certainly, the first thing that comes to mind when answering this question - it's inexperience. Yes, inexperience largely bothers us, but this is a surmountable obstacle, which can be fast enough to pass. The biggest problem of people is their character, their inner state, their reaction to the situation and their beliefs.

 

When people believe that they are right and no one else, then there is a conflict, and they can not move forward, you need to be able to make their opinions wrong. It is impossible to live life as if one was born with the wisdom of 60-year-old person; everyone has the right to make mistakes.

 

But the more you listen to others, and more experienced, the easier it will be for you to pass some difficult periods of life. When a person is born, one does not know anything, but looks at the other and repeats, that's the environment where one will live, and such a person one will become plus ones genes that will help or hurt one in a certain situation. Similarly is in the Forex market, when traders just starting out, they try to learn all, that experienced players know, but someone has to become a better student, and some because of their personal characteristics sharpens in one place.

 

The reason is that people do not want to accept situation as it is and consider just their beliefs as true and opinions of others do not even want to consider. And then one begins to sell a lot, but the greater number of transactions are concluded by a trader, the greater the amount of time he spends and receives more stress and its capital is not getting bigger. Everybody knows that the majority of traders lose money, and most traders also carry a large number of transactions, which means that simply spending less trading can enhance your performance in the long term ", - explained in an interview to the "Market Leader" Eugene Antipenko, the Dean of the National State Standard and term trading Masterforex-V World Academy Forex Education - MasterForex-V - the best project in Europe.

 

Of course, you can not pay attention to such advices and pass them by ears and hope that after a 1000 transaction your life will change. Maybe a miracle will happen and you will become a millionaire, but not from the fact that you will trade many times. When trading less, you can afford to risk a far greater amount if you feel comfortable in relation to a particular risk.

 

Best regards,

NicoleFX

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Masterforex-V Training News: How to estimate the effectiveness of training of junior traders

Evaluation of the trade’s results of a particular trader is a simple process: you need to look at the outcome for some same periods and determine how increases (or conversely, decreases) his trading accounts.

For comparison of several traders’ work, this approach is inefficient; we already have to take into account the working tool by which trade is conducted, the working timeframe, market activity, trading account size and many other factors.

What can we say about the evaluation of trade beginners, here variations of the initial conditions and results for the period are huge, and we need to evaluate not the numbers on the trading account, but actions in transactions before and after training.

When teaching beginners at the Department of synergistic body-wave analysis of the Masterforex-V World Academy are solve two main tasks of the first level of training:

- To master the methodology of analysis of the currency pair Euro dollar on TS Masterforex-V;

- To work out practical skills of making trading decisions in accordance with the rules of trade TS Masterforex-V.

When learning objectives are specified, it becomes easier to assess its results.

Graphical method for analysis of price movement makes it easy to determine whether the student meets the requirements of figure trading system, and the transaction for the period plotted price movement with reflection levels and stop profit and size of trading positions, clearly show its compliance with trade rules.

A practical example of the department:

Graphical analysis of TF M15

5995065.png

 

Conducted transaction:

5982777.png

 

5986873.png

 

 

n one survey conducted by the department, students in total answered to the question what the main trader must learn: the main thing - to learn to make the right trading decisions in accordance with the rules of the TS. The responses reflected awareness of the importance of personal qualities of trader to trade on the difficult Forex market.

Of course, in order to become a successful trader, the first level of training is not enough, but every freshman has the opportunity to assess their chances of success, gradually climbing the stairs skill, from simple to complex. A further growth as a trader requires considerable effort, perseverance and constant work on oneself; such problems are solved on the second level of training of TS Masterforex-V department.

More information about the TS Masterforex-V department can be found on the Forum of Masterforex-V World Academy.

 

Best regards,

NicoleFX

Edited by NicoleFX

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Weekly Gbp/Usd Review:

 

6079953.gif

 

1. MF Pivot that is Protecting wave/trend from 1.4810

2. Broken MF protective pivot - means the whole wave from 1.4810 is now finished

3. To turn arround the trend - FZR w1 down is needed

 

Best regards,

NicoleFX

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    • A custom Semi-Log Scale Oscillator indicator is now available for MT5 on Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/114705 This indicator is an anchored semi-logarithmic scale oscillator. A logarithmic scale is widely used by professional data scientists to more accurately map information collected throughout a timeframe, in the same way that MT5 maps out price data. In fact, the underlying logic of this indicator was freely obtained from an overseas biotech scientist. A log-log chart displays logarithmic values on both the x (horizontal) and y (vertical) axes, which generally produces a straight line that points up, down, or remains flat. A straight line is not very useful for trading markets because such a straight line is so smoothed that actual price values that appear over time are very far away from the line study. In contrast, a semi-log chart is only logged on one axis--generally, the y axis. Such a semi-log chart is well suited for trading markets because the time (x) axis is preserved in its original form while at the same time, providing a graduated y scale where the distance between price increments progressively increases as price rises higher (and decreases as price falls lower). This allows us to establish a zero level for a low price, clearly view trends on straighter angles, and clearly observe amplified price spikes at high prices. Accordingly, this indicator employs a semi-log scale on the y axis only. This indicator is anchored because it allows you to specify a start time for calculation of price bars. The settings are as follows: Year.Month.Day Hour:Minute - defaults to 1970.01.01 00:01 - if left on default setting, the indicator automatically detects the earliest price bar in chart history--even where the year 1970 is not in history. Notes appear in the indicator settings window. Size of first pip step to log - defaults to 135 - this default is suitable for higher timeframes such a MN1 (monthly), while 5 is suitable for lower timeframes such as M1 (minute). Ultimately, optimal settings will depend on the timeframe that you attach the indicator to, the level of price volatility within that timeframe, and start time that you choose. Remember... The semi-log formula calculates from low to high, so your start time must always be a major swing low. Again, notes appear in the indicator settings window. The standard (built-in) MT5 indicators that can be applied to the "Previous indicator's data" can be applied to this indicator. Indicator lines (indicator buffers) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors. The log scale Open, High, Low, and Close prices are buffers: No empty values; and No repainting.
    • A custom Gann Candles indicator is now available for MT5 on the Metaquotes website and directly in the MT5 platform. https://www.mql5.com/en/market/product/126398 This Gann Candles indicator incorporates a series of W.D. Gann's strategies into a single trading indicator. Gann was a legendary trader who lived from 1878 to 1955. He started out as a cotton farmer and started trading at age 24 in 1902. His strategies included geometry, astronomy, astrology, times cycles, and ancient math. Although Gann wrote several books, none of them contain all of his strategies so it takes years of studying to learn them. He was also a devout scholar of the Bible and the ancient Greek and Egyptian cultures, and he was a 33rd degree Freemason of the Scottish Rite. In an effort to simplify what I believe are the best of Gann's strategies, I reduced them into one indicator that simply colors your preexisting price bars when those strategies are in-sync versus out-of-sync. This greatly reduces potential chart clutter. Also, I reduced the number of input settings down to only two: FastFilter, and SlowFilter Both FastFilter and SlowFilter must be set to 5 or more, as noted in the Inputs tab upon attaching the indicator to your chart. Gann Candles works on regular time-based charts (M5, M15, M20, etc.) and custom charts (Renko, range bars, etc.). The indicator does not repaint. When using the default settings, blue candles form bullish price patterns, gray candles form flat (sideways) price patterns, and white candles form bearish price patterns. The simplest way to trade Gann Candles is to buy at the close of a blue candle and exit at the close of a gray candle, and then sell at the close of a white candle and exit at the close of a gray candle.
    • A custom Anchored VWAP with Standard Deviation Bands indicator for MT5 is now available on the Metaquotes website and directly through the MT5 platform. https://www.mql5.com/en/market/product/99389 The volume weighted average price indicator is a line study indicator that shows in the main chart window of MT5. The indicator monitors the typical price and then trading volume used to automatically push the indicator line toward heavily traded prices. These prices are where the most contracts (or lots) have been traded. Then those weighted prices are averaged over a look back period, and the indicator shows the line study at those pushed prices. The indicator in this post allows the trader to set the daily start time of that look back period. This indicator automatically shows 5 daily look back periods: the currently forming period, and the 4 previous days based on that same start time. For this reason, this indicator is intended for intraday trading only. The indicator automatically shows vertical daily start time separator lines for those days as well. Both typical prices and volumes are accumulated throughout the day, and processed throughout the day. Important update: v102 of this indicator allows you to anchor the start of the VWAP and bands to the most recent major high or low, even when that high or low appears in your chart several days ago. This is how institutional traders and liquidity providers often trade markets with the VWAP. This indicator also shows 6 standard deviation bands, similarly to the way that a Bollinger Bands indicator shows such bands. The trader is able to set 3 individual standard deviation multiplier values above the volume weighted average price line study, and 3 individual standard deviation multiplier values below the volume weighted average price line study. Higher multiplier values will generate rapidly expanding standard deviation bands because again, the indicator is cumulative. The following indicator parameters can be changed by the trader in the indicator Inputs tab: Volume Type [defaults to: Real volume] - Set to Tick volume for over-the-counter markets such as most forex markets. Real volume is an additional setting for centralized markets such as the United States Chicago Mercantile Exchange. VWAP Start Hour [defaults to: 07] - Set according to broker's or broker-dealer's MT5 server time in 24 hour format. For example, in the New York, United States time zone, 07 is approximately the London, United Kingdom business open hour. VWAP Start Minute [defaults to: 00] - Set according to broker's or broker-dealer's MT5 server time in 24 hour format. For example, 00 is on the hour with no delay of minutes within that hour. StdDev Multiplier 1 [defaults to: 1.618] - Set desired standard deviation distance between the volume weighted average price line study and its nearest upper and lower bands. For example, 1.618 is a basic Fibonacci ratio. Some traders prefer 1.000 or 1.250 here. StdDev Multiplier 2 [defaults to: 3.236] - Set desired standard deviation distance between the volume weighted average price line study and its middle upper and lower bands. For example, 3.236 is 1.618 (above) + 1.618. Some traders prefer 2.000 or 1.500 here. StdDev Multiplier 3 [defaults to: 4.854] - Set desired standard deviation distance between the volume weighted average price line study and its furthest upper and lower bands. For example, 4.854 is 1.618 (above) + 3.236 (above). Some traders prefer 3.000 or 2.000 here. VWAP Color [defaults to: Aqua] - Set desired VWAP line study color. This color automatically sets the color of the start time separators as well. SD1 Color [defaults to: White] - Set desired color of nearest upper and lower standard deviation lines. SD2 Color [defaults to: White] - Set desired color of middle upper and lower standard deviation lines. SD3 Color [defaults to: White] - Set desired color of furthest upper and lower standard deviation lines. Just to clarify, popular standard deviation bands settings are: 1.618, 3.236, and 4.854; or 1.000, 2.000, and 3.000; or 1.250, 1.500, and 2.000. Examples of usage *: In a ranging (sideways) market, enter a trade at the extremes of the standard deviation bands (SD3) and exit when price returns to the VWAP line study. Trade between SD1Pos and SD1 Neg, alternately buying and selling from one standard deviation line to the other. In a trending (rising or falling) market, enter a buy when a price bar opens above the VWAP line study, and exit at the nearest standard deviation band above (SD1Pos). Optionally, repeat the same trade but substitute SD1Pos for the VWAP, and SD2Pos for SD1. Reverse for sell; or Trade all lines (VWAP, SD1Pos, SD2Pos, and SD3Pos) in the same way. Again, reverse for sell. Indicator lines (indicator buffers) can be called with iCustom in Expert Advisors created by Expert Advisor builder software or custom coded Expert Advisors: No empty values; and No repainting.
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