Forecast Trader 7-Day Trial

Posted on 25 May 2009 by admin

How are the forecasts generated?
The computer algorithms that generate the forecasts each week are very complex, as they are based on analyzing various cycles and patterns that occur in the market, to come up with a probable prediction for future price movement.

When are the forecasts posted each week?
We post the forecasts every Friday/Saturday after the market closes. This allows you to see the forecast for the next week and have ample time to prepare for it.

Which markets can I trade with your forecasts?
We forecast for the following currency pairs:
EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, NZD/USD, EUR/JPY, EUR/CHF, GBP/JPY.
Any trading instrument that follows these markets can be used to trade our forecasts. We recommend trading Mini Lots or Standard Lots through a Forex broker.

What is the best way to trade your forecasts?
There are four important factors to determine when looking at our forecasts. First is the general direction for the week. Second is the high and low pivots. Third is the amplitude or curve of the line. Fourth is the length in time each move up/down is predicted to occur. Price is not shown on the chart because we do not know what that will be. However, we are able to predict when the market will change direction as well as how long in time a move up or down will be. This is what you need to pay attention to. If using our charts as a stand-alone system, our forecast works best by taking less trades and only trading the larger swings shown on the chart. This will usually result in holding trades for 2-5 days on average.

Do you use back-testing with your system at all?
No. The record you see on the site is real and not the result of back-testing.

Do you offer trade recommendations based on the forecasts?
Yes! Along with the forecast lines, we will tell you the exact times that the lows & highs are predicted to occur according to each chart, in the form of “short” and “long”. You can trade every one of these recommendations or choose or which ones you want to trade. You may have better success by using some discretion or using our forecasts in conjunction with your own trading style/system. Our history page shows the results of trading every recommended trade for each currency pair.

Do you offer an auto-trading solution?
Yes. We have developed an Expert Advisor (EA) that works in tandem with the MetaTrader 4 software. This solution allows our members to automate our trade recommendations each week and only requires about 15-20 minutes each weekend. Click here to learn more

Do you place stop losses with each trade and do you trade every signal even if stop losses are hit?
We always place stop losses with our recommended trades. These stop loss values are shown for each trading instrument in our members area. The average SL is 175 pips. If a stop loss gets hit for any currency pair, we will continue to trade the next trade recommendation. We always execute each Forex trade recommendation and our performance history reflects this.

Do you have a trial period for your service?
Yes! For a limited time we are allowing first-time subscribers to try out our forecasts for 7 days for only $4.95! Get Your 7-Day Trial Now!


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