Download MT4 Forex Indicator Direction Finder For Free

Direction Finder it's a very helpful MT4 Forex indicator for find currencies direction , you can use this indicator with any time frame and with any pair , when you put Direction Finder MT4 chart you will see two part of indicator the red part it's an analistic par and the green part it's the expected trend for a pair , we advice to use this indicator with any good "Support & Risistance" indicator for make sure of the new expected trend .

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Signal For Monday 16th January 2017

Overall there is minor strength in the NZD 

Overall there is weakness in the GBP, EUR, USD and CHF


Buy Trades – NZD/USD, NZD/CHF

Sell Trades – None

Signal For Wednesday 11th January 2017

Overall there is strength in the AUD, JPY and GBP 
Overall there is weakness in the NZD, EUR, CHF and CAD


Buy Trades – GBP/NZD, GBP/CHF, AUD/NZD, AUD/CAD, AUD/CHF
Sell Trades – EUR/USD, EUR/JPY, EUR/AUD, CHF/JPY, NZD/USD, NZD/JPY

Signal For Tuesday 10th January 2017

Overall there is strength in the AUD, NZD, JPY and EUR 
Overall there is weakness in the GBP, CHF, USD and CAD


Buy Trades – EUR/GBP, AUD/USD, AUD/CHF, NZD/USD, NZD/CHF, NZD/CAD
Sell Trades – GBP/JPY, GBP/AUD, GBP/NZD, CHF/JPY

Signal For Monday 09 th January 2017

Target is 20 Pips .

BUY  Trades :  GBP/AUD  .
SELL Trades : EUR/USD , EUR/GBP , EUR/JPY , EUR/NZD , USD/JPY.

Signal For Thursday 05 th January 2017

Target is 20 Pips .

BUY  Trades :  EUR/USD , EUR/GBP  .
SELL Trades : GBP/AUD , EUR/NZD , USD/JPY .

Signal For Wednesday 04 th January 2017

Target is 20 Pips .

BUY  Trades :  EUR/USD , GBP/AUD ,EUR/JPY,USD/JPY.
SELL Trades : GBP/CAD , EUR/GBP,EUR/NZD .

Signal For Wednesday21th December 2016

Buy Trades –EUR/USD , GBP/USD ,  AUD/USD , NZD/USD . 

Sell Trades – USD/ JPY , USD/CAD , USD/CHF , GBP/JPY .

Signal For Friday 16th December 2016

Overall there is strength in the USD and CAD 

Overall there is weakness in the GBP, EUR, JPY, NZD and CHF


Buy Trades – USD/JPY, CAD/CHF

Sell Trades – EUR/USD, EUR/CAD, GBP/USD, GBP/CAD, NZD/USD, NZD/CAD

Signal For Thursday 15th December 2016

Overall there is strength in the USD with minor strength in the GBP, EUR and CHF 

Overall there is weakness in the JPY, AUD, CAD and NZD

Buy Trades – EUR/JPY, GBP/JPY, GBP/AUD, CHF/JPY, USD/JPY, USD/CAD, USD/CHF

Sell Trades – AUD/USD, NZD/USD, NZD/CHF

Signals For Thursday 8th December 2016

Overall there is strength in the NZD, with minor strength in the EUR, CHF and CAD 

Overall there is weakness in the GBP and USD


Buy Trades – EUR/GBP, NZD/USD, NZD/JPY

Sell Trades – GBP/AUD, GBP/NZD, GBP/CAD, GBP/CHF, AUD/NZD, USD/CAD

Signals For Tuesday 7th December 2016

Overall there is minor strength in the USD, CAD and AUD 

Overall there is minor weakness in the EUR, GBP and CHF



Buy Trades – USD/CHF

Sell Trades – EUR/USD, EUR/AUD, GBP/USD, GBP/AUD

Signals For Tuesday 6th December 2016

Overall there is strength in the EUR, with minor strength in the GBP and NZD 

Overall there is weakness in the JPY, USD and CAD

Buy Trades – EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD, EUR/CAD, GBP/JPY, CHF/JPY, AUD/JPY, NZD/JPY

Sell Trades – None

Signals For Monday 5th December 2016

Overall there is strength in the JPY, with minor strength in the AUD and NZD 

Overall there is weakness in the EUR, CHF, USD, with minor weakness in the GBP and CAD


Buy Trades – NZD/USD, NZD/CHF, AUD/USD, AUD/CHF, GBP/CHF

Sell Trades – EUR/USD, EUR/JPY, EUR/GBP, EUR/AUD, EUR/NZD, CHF/JPY

USD/CAD in Focus as Crude Oil Prices Edge Lower, Inventories Data Ahead

Talking Points:

•  USD/CAD trading above the 1.29 handle after a reprieve on declining Crude Oil Prices
•  EIA Crude Oil inventory data is ahead and might induce a sharp reaction for the pair
•  20-day USD/CAD and Crude Oil correlation at -0.87 at the time of writing

The USD/CAD is trading above 1.29 at the time of writing, after the US Dollar managed to recoup some of its losses as the Crude Oil Prices rally came to a stall.

20-day USD/CAD and Crude Oil correlation sites at -0.87 at the time of writing, suggesting that the EIA inventory data ahead might see a sharp reaction from the pair.

Against this backdrop we will form our outlook and look to find short term trading opportunities using different tools such as the Grid Sight Index (GSI) indicator.

The official EIA weekly Crude Oil Inventories figure is set to hit the wires 14:30 GMT, and seems like the most likely candidate for USD/CAD volatility. Economists are expecting a -850K decline coming into today, higher than the prior -2508K figure.

With that said, API estimates suggested stockpiles rose by 4.46 million barrels last week, which might imply a surprise rise in the figures today. This scenario could see further Crude Oil selling pressure, which may pressure the Canadian Dollar as well.

US Dollar traders might hold back from fully committing before the Yellen speech this Friday, which could imply that the US housing data may have subdued effects unless a significant deviation from expectations hits the wires.

The probability of a Fed rate hike in December is slowly edging higher, which could potentially see the US Dollar strengthen on pre-positioning to the main event on Friday.

USD/CAD Technical Levels:

We use volatility measures as a way to better fit our strategy to market conditions. The USD/CAD is seeing the lowest levels of volatility since December 2015 based on 20-day ATR readings. 1-week implied volatility measures are quite subdued as well.

In turn, this may suggest that range bound trading plays might be appropriate in the short term, but caution is warranted on the EIA data.

USD/CAD 30-Min Chart (With the GSI Indicator): August 24, 2016

The USD/CAD is trading slightly above a potential support zone between 1.2920 and 1.29 at the time of writing, with GSI calculating higher percentage of past movement to the upside in the short term.

The GSI indicator above calculates the distribution of past event outcomes given certain momentum patterns. By matching events in the past, GSI describes how often the price moved in a certain direction.

Further levels of support might be 1.28675, followed by 1.2800, 1.2766 and the 1.27 handle.

Levels of resistance might be 1.2950, 1.2965 and the 1.30 handle.

We generally want to see GSI with the historical patterns significantly shifted in one direction, which alongside a pre-determined bias and other technical tools could provide a solid trading idea that offer a proper way to define risk.

We studied over 43 million real trades and found that traders who successfully define risk were three times more likely to turn a profit.