Monday, October 27, 2008

ARE YOU A LOSER? with mortgage rates

Are you cutting off your nose to spite your face? Do you remember the life of Vincent Van Gogh? Good old Vincent discovered his girlfriend didn't like him, so he cut off his ear. Some of you don't like having money, so you cut yourself off from it by losing it in the market. You’ll never convince us you really like money when
you’re so eager and quick to lose it.

We’re going to give you a real life example of how to mismanage your money and turn a winning trade into a loser. The trade took place earlier this year, when we witnessed a professional trader (PT) making a self-defeating move like the one we will show you. First we’ll show you how the chart looked. Then we’ll talk about what the trader did, what he would have done had we not been there, and what he should have done that he didn't do, despite the fact that he came to us to have us coach him in day trading. PT was day trading from a fifteen minute chart. He also looked at hourly charts for perspective. Five minute charts gave him a more minute vision of what was happening in the markets,.....

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Staying with a trend, using commodity channel, mortgage rates

While we are on the subject of the possibility of a day trader holding overnight, let’s also see a way to stay with the trend allowing price volatility to dictate an exit point. To do that, we first have to review some material we presented in Trading The Ross Hook.

USING THE COMMODITY CHANNEL (CCI) INDEX TO STAY WITH THE TREND
We will see together how you can use the CCI study in a way that few have seen before. We’ll take it a step at a time. Pay close attention to what is being taught here. (The CCI study is available in most charting software packages.) The CCI measures the mean deviation of a bar’s Typical Price relative to a moving average of N bars’ Typical Price. Typical Price may be computed as the high plus the low plus the close, divided by three. This gives a close-weighted Typical Price. The CCI study is generally displayed with three horizontal lines:

+100, 0, and -100. However, CCI is theoretically, if not practically, infinitely expandable. There is one great advantage to the scale. It is increasingly difficult for CCI to make ever greater extremes in its readings. It takes increasingly more momentum to push the CCI plot increasingly further out on its scale. Experience has shown that a 30-bar CCI works best. We tested it all the way to 50 bars, and agreed that 30 bars was best. However, it may work better at other values in other markets, as we didn’t test every market available ....

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Sunday, October 26, 2008

MORTGAGE RATES, Amazing forex system ?

Ok now, enough with basics. Let’s get down to the actual strategy. Exchange rates of currency pairs fluctuate based on many criteria, particularly how investors perceive the value should be based upon news pertaining to the country of origin of the currency. There are many factors that contribute to the perceived value of a currency against another, but most importantly are the “Fundamental Announcements” from that country. Countries and their currencies being traded on the Forex markets are like companies and their shares being traded on the stock market. If a company announces positive news, such as higher profits in their last quarter, then the stock market immediately responds by the share price rising. Conversely, if the company.....

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Trade secrets at the market of Forex

BOOK I
Trade secrets at the market of Forex.
Contents

Chapter I
DELUSION No1. FX Currency Pricing. Economic Factors Impact on Exchange Rate.

Chapter II
Forex Secrets - Delusion No 2 - Who prompts Forex quotation to traders.

Chapter III
MASTERFOREX-V ON FUNDAMENTAL ANALYSIS AUTHORITY IN FX RATES TRAVEL.

CHAPTER IV
NO. 3 DELUSION: FX LITERATURE AS A “HOW-TO-LOOSE” TUTORIAL FOR 90-95% OF THE GLOBE’S
TRADERS.

CHAPTER V
DELUSION NO.4: SHORT-TERM FX TRAINING AT THE DEALERS'. WHY DO GRADUATES BULK UP LOSERS?

CHAPTER 6
Developing the "anti-chaos" trading strategy and tactics at Forex market.

CHAPTER 7
Role of trading system in successful and profitable work at Forex.

CHAPTER 8
Correlatio n between binary elements and fuzzy logic at Forex market and in Masterforex TS.

CHAPTER 9
Where to look for trends at Forex , or the faultless gaining of profit by a trader.

CHAPTER 10
Specificities in the intra-day work at Forex.

CHAPTER XI
SUPPORT AND RESISTANCE LEVELS IN MASTERFOREX-V

CHAPTER 12
Moving averages as the basic indicator at Forex.

CHAPTER 13
Work on News. Specificities in Trader’s Work at American Stock Exchange on Fraiday.

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Cashing in on short-term CURRENCY TRENDS (mortgage rates)

Trends may be rarer than trading ranges, but that doesn’t mean they can’t be traded. This strategy uses two time frames to identify the etrend, an overbought-oversold indicator to pinpoint entry and a trailing stop to protect gains on profitable trades .....

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Saturday, October 25, 2008

Smashing system

(mortgage rates)

Indicators used in MACD-EMA MACD Histogram (3,6,3). That means MACD histogram set up with Fast EMA 3-period, Slow EMA 6-period, Signal Line 3-period. (mortgage rates)

• Exponential Moving Average 9-period (EMA50, Purple Color in the illustrations)

• Exponential Moving Average 20-period (EMA20, Blue Color in the illustrations)

• Exponential Moving Average 50-period (EMA50, Green Color in the illustrations)

• Exponential Moving Average 200-period (EMA20, Orange Color in the illustrations)

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Moving Average MACD Combo

In theory, trend trading is easy. All you need to do is keep on buying when you see the price rising higher and keep on selling when you see it breaking lower. In practice, however, it is far more difficult to do successfully. The greatest fear for trend traders is getting into a trend too late, that is, at the point of exhaustion. Yet despite these difficulties, trend trading is probably one of the most popular styles of trading because when a trend develops, whether on a short-term or long-term
basis, it can last for hours, days and even months.

Here we'll cover a strategy that will help you get in on a trend at the right time while at the same time giving us clear entry and exit levels. This strategy is called the moving average MACD combo.

Overview

The MACD combo strategy involves using two sets of moving averages (MA) for the setup:
• 50 simple moving average (SMA) - The signal line that triggers the trades.
• 100 SMA - Gives a clear trend signal.
The actual time period of the SMA depends on the chart that you use. This strategy works best on hourly and daily charts. The main premise of the strategy is to buy or sell only when the price crosses the moving averages in the direction of the trend.
Rules for a Long Trade

1. Wait for the currency to trade above both the 50 SMA and 100 SMA.
2. Once the price has broken above the closest SMA by 10 pips or more, enter long if MACDhas crossed to positive within the last five bars, otherwise wait for the next MACD signal.
3. Set the initial stop at a five-bar low from the entry.
4. Exit half of the position at two times risk; move the stop to breakeven.
5. Exit the second half when the price breaks below the 50 SMA by 10 pips.

Rules for a Short Trade

1. Wait for the currency to trade below both the 50 SMA and 100 SMA.
2. Once the price has broken below the closest SMA by 10 pips or more, enter short if MACD has crossed to negative within the last five bars; otherwise, wait for the next MACD signal.
3. Set the initial stop at five-bar high from entry.
4. Exit half of the position at two times risk; move the stop to breakeven.
5. Exit the remaining position when the price breaks back above the 50 SMA by 10 pips. Donot take the trade if the price is simply trading between the 50 SMA and 100 SMA.

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