Some Open Position (OP) Example with Weighted Method - KG's Technical Analysis

MA_MODE created by Goen and approved by KG

0 = Simple Moving Average (SMA)

1 = Exponential Moving Average (EMA)

2 = Smoothed Moving Average (SSMA)

3 = Linear Weighted Moving Average (LWMA)

For download this indicator please click here ==>

http://www.forexindo.com/forum/attac...-kg-ma-1.3.mq4

USD/JPY Case on Maret 2008

Let Observe in M15 TF , Daily and Weekly MA tend to start moving flat, its meaning that if they fall trying to give more attention to the Daily Lower BB (dashed Lime) and weekly (dashed magenta), follow the small trend 8 hours, 4 hours or 1 hours to take exit decisions. And now price was in the area of Lower BB weekly, for these conditions as described in the beginning, it is best to OP buy at lower BB and OP sell on the Upper BB with observe over the small movements trend.

USD/JPY Case

From the picture seen that KG take buy position, from M15 chart analyze seen that daily and weekly LWMA tend to be flat, and from price movement prove that price reverse back and rise after touch weekly lower BB.

OP's Target can be done by following the small trends, if the price is able to pass through daily WMA, Upper daily BB or around the weekly WMA will be the first target, if not should close position.

When Market is Trending - KG's Technical Analysis

1. Example from H1 Time Frame EUR/USD case

Look at the picture below, from this picture SMA 480 (Magenta), SMA 120 (Lime) and SMA 24 not in flat condition, thus we add SMA 8 and SMA 4 to see EU movement during 4 and 8 hour, and open buy is taken if SMA 4 is above SMA 8, so that its follow the SMA 24, SMA 120 and SMA 480 trend.

2. Example from M15 Time Frame GBP/JPY case

Sell is taken if price have been reach BB 96, then followed by SMA 4 position still below of SMA 96, for more ensure that GJ will up or down again, see SMA 4 open and close next candle.

Boillinger Bands (BB) - KG's Technical Analysis

This picture below shown 1H chart that have been zoom out, to observe what happen in SMA 480.

After chart is zoom out, seen that SMA 480 being consolidation, after the trend is down sharply before (See yellow line).

There are 3 movement patern Up, Down, and Flat. The most important thing to observe is Flat movement patern, because from this patern price will starting to move Up or down. Then at flat movement patern in mathematically and statistically the boundary movement is easy to predict.

Simple Moving Average (SMA) - KG's Technical Analysis

Observing Charts Trend

Look at this chart below :

If point C seen from point B, trend is down. But if seen from point A, trend is up. Thus, each different reference point have different result, and it represent different information that obtained just seeing a point from different observation.

Point A and B is sighting point which is distinguished by time, so when observe point C from point B, actually we observe the price in point C and compare it with the price at the time point B is formed.

Forex is Business world that driven by human as the main actors, which it work with time as reference, therefore time reference that will use adapted with business time reference, that is yearly, monthly, weekly, daily, 8 Hour, 4 Hour, 1 Hour, even 5 minutes.

KG's Technical Analysis

There are many way for analyze chart in Forex, both fundamental or technical way, where the result will use to open transactions, i.e. open sell, buy, or just watch it first. I get this Technical from http://www.forexindo.com/, with indonesian language and i want share in English to this blog.

There are two kind of data that need to obtained from the analysis.

First: a prediction of where prices will move (up or down).

Second : It has a prediction to which prices will move.

These prediction are not generated in-consequent, but through mathematical and statistical calculation. For example, from the data that has been formed can be calculated and analyzed, then predict next price movement.