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.
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Posted on 23 May 2009 by admin
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Posted on 22 May 2009 by admin
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