Market forecasting – it really works!

Like most traders, I started trading stocks, futures and commodities through news, government reports, harvest reports, occasional advice and an inner sense. Needless to say, they were not very effective.

But then, in the late ’80s, I became more aware of price charts and a few chart indicators.

The indicators on the chart excited me, because then I thought I had come across a way to know in advance what the market would do next. The stochastic oscillator was really intriguing and almost seemed to predict when the market would move up or down.

But again, as most have found, these indicators do not actually predict. How can they, when based simply on averages, volume, or a host of other historical back-view data, split into two forward-design algorithms that no longer have anything to do with the future of five dice in a shaker cup!

Now don’t get me wrong. Graph indicators are quite useful and I continue to use them today (now 3 decades later). However, market forecasting is NOT what these indicators do best. However, they give us a lot of useful information, which has its place even among those of us who rely mostly on market forecasting methods.

This is true. I said “market forecasting methods”.

In the early 1990s, I learned how to apply Fibonacci ratios to the action of market prices. Then the idea seemed a little strange to me, until I decided to try it on my favorite market for pork bellies. Over the next 6 weeks, I would practically catch each bottom or top for just a few ticks, turning a small amount of money into a larger small amount of money (I used borrowed funds). Eureka!

But it soon became my doom. Due to my initial long period of catching each new market move, often just a few ticks from the bottom or top, I began to think I couldn’t go wrong. Wrong! I traded futures on Live Cattle that I was so sure I had to turn around, but I didn’t. I insisted on losing the deal because it was impossible to make a mistake. It wasn’t until I was erased that I had to admit that I was still human. My golden goose had become my golden ticket to the bust-villa.

It was a science lesson then that led me to greater enlightenment. Market forecasting was actually possible. However, market forecasting requires the inclusion of discipline and confirmation and that you can never be 100% accurate 100% of the time.

It has also become quite clear to me that the path to greater market forecasting will require deeper digging into the reasons why Fibonacci can be effective sometimes and not so much at other times. This made me realize that it all revolves around the “natural laws” of which Fibonacci is a part.

My search in the field of natural laws led me to the teachings of WD Gann. With Gan, I found value in calculating time and price squares (Gan’s Wheel, also known as the Square of Nine), angles, ratios, market geometry, and more.

Armed with Fibonacci and Gan and all the variations that come with a deep understanding of them, my research pushes me beyond the stars. Yes, the effect of the Sun and the Moon and several of the neighboring planets on our planet Earth. It just made sense!

Now I do not mean astrology. This is just not my cup of tea. I am a man of science, not of mysticism or divination. What I mean is astronomy and the gravitational and seasonal effects that come with planetary motion and interactive influences.

So let me simplify this.

As the Moon orbits the Earth, it affects water bodies as well as the Earth’s electromagnetic field. As a result, we have tidal charts and it has been shown that people tend to act differently (as a group) during a full moon. The term “lunatic” comes from the Latin “Luna”, which means “moon”.

While the Earth rotates once every 24 hours (giving us days), it revolves around the Sun once every 365 days approximately (annually). Because the Earth is in an elliptical orbit around the Sun, it will approach or move away, leading to what we see as “seasons.”

Now think about how these “seasons” affect our markets and you will begin to see the connection.

After I came to see the connection between Fibonacci, Gan, the geometric patterns of prices, the effects of the Moon and the Sun, it all came together in the so-called CYCLES!

24-hour cycle (day), 90-day cycle (season), 365-day cycle (year), lunar cycle and any other cycles happening at the same time, but to different degrees with different effects on different markets!

The effect of market prices is influenced by human behavior (we are buyers / sellers), which is influenced by supply and demand, which is influenced by the seasons, which is a cycle, and human behavior can be influenced by the moon, which is also a cycle and on and on.

With all this understanding of what affects markets, and realizing that much of this can be revealed through a price chart and several different approaches, market forecasting has become even more effective than the simple Fibonacci model. This model looked at markets only in a narrow way, thus sometimes effective and missing other times. True market forecasting requires knowledge of several different techniques that relate to different aspects of price behavior.

When the avid chart reader moves forward to learn about these effects on price action, announcing “market forecasting really works” becomes an outcast and part of the daily chart reading ritual.

The Importance of Forex Technical Analysis to Forex Traders

One of the most effective and efficient ways to make a profit in money trading is forex technical analysis. Studying forex charts will eventually lead to money trading success, but a trader must be careful to avoid some of the most common mistakes made by most money traders. Whether you are new or already in trading but have not yet used forex technical analysis, you need to know some basic facts and myths to increase your chances of getting the moves right and ultimately benefit your business investment.

Points to Consider When Using Forex Technical Analysis in Your Trading Strategy

  • History repeats itself – If you want to study foreign exchange, you don’t need to be told that currency trade chart patterns repeat themselves over time. However, it is important to understand that they repeat themselves with scientific accuracy. Even if money trading is an investment full of possibilities and not uncertainties, forex technical analysis can turn such difficulties into a profitable business if you know how to use it. to predict future chart patterns. What is important in this case is that a trader takes actions at the right time and calculates risk to achieve trading success.
  • With forex technical analysis and charts, news analysis is not appropriate – many foreign exchange traders rely heavily on newswires and broker arguments. In most cases, these are just arguments and opinions. No matter how convinced they are, the opinions and arguments are never more accurate than examining foreign exchange.
  • Foreign exchange trade is a fact – Criteria are very important, no matter how difficult they are in judging the impact they have on the money market or how money traders view money. Forex technical analysis works with the assumption that all fundamentals show up immediately and in price action. A trader who relies on foreign exchange analysis is more concerned about how prices are moving and not necessarily why currency prices are moving. What a good trader needs to know is how a situation can result in profitability and whether it is worth locking in and holding onto a particular foreign exchange investigation trend when it occurs .
  • Purpose – An ideal foreign exchange system should be rule -based, it should have no room for subjective tools and should be put in place through real discipline. Most of the failures of this trade rely in large part on poor trading practices and incorrect strategies. The basis of an accurate foreign exchange analysis is built on sound monetary strategies, understanding of support and resistance, confirmation and money management. If used correctly, forex technical analysis can offer an investor life-changing income, trading a few minutes a day. Prepare well by studying and making foreign exchange analysis a core part of your training.

What type of experience do I need to trade binary options?

People want to know what type of experience you need to trade binary options. You just predict whether the market is going up or down and if you forecast correctly, you will win somewhere between 70% -90% profit. Easy, isn’t it? Due to quick profits and huge profits, binary options have a global audience that wants to benefit from all actions.

The goal of every trader should be to take advantage of their return. Applying an effective strategy and applying simple techniques will help you identify specific market signals that guide you in binary options trading. To do this, brokers usually have demo accounts to practice trading.

1. Have a strategy

Binary options trading can present several risk factors and to reduce them, every successful trader has a basic plan. Risk minimization is very important. As a new trader, it is highly recommended that you focus on one asset. This will allow you to focus on building your strategy. Constant trading will help you see the movement of your asset to predict the direction and it will become obvious.

2. Trend strategy

This strategy is great for beginners. In your demo account, practice making trades when you see a trend line forming. In general, your asset either increases or decreases. Feel comfortable doing your business. For example, in demo mode, your broker may start with $ 10,000 to practice trading, but when you are ready to start live, you will start with $ 1,000. Practice using increments that will reflect your real money results and see if you can win. So, if you start with $ 1000, then make sure that your trades are between 2% -5% of your initial investment.

3. Suffering strategy

During market volatility, traders can increase their chances of winning, but you need to monitor the market to make great predictions. For example, the market is shrinking and is about to move in the other direction. Place your deal with a call option when it is down, and then when it is up, place your put option. This requires practice and is a strategy used by many.

Although you do not need to have a degree in economics or a license to trade binary options, you still need to practice your craft every day. If this is something you want to do, you need to take it seriously. Do your research, practice in your demo account and make realistic trades that reflect your trading when you go live.

Creating Forex Candlesticks Easy Review – How Does This Forex Technical Analysis Tool Work?

Have you ever wondered how you can use candles to trade in the Forex market? Japanese candlesticks are a really useful technical analysis tool that is commonly used for futures trading of stocks and commodities.

Professional traders have also used candlesticks to trade in the Forex market, but their application to the Forex chart may be a little different. For example, since the currency market is a 24-hour market, there will be less intervals between candles (excluding weekends), so you need to change your approach.

1. What is a Japanese candle?

There are 2 types of candles. The one that is bearish is usually red or colored, where the bullish is green or transparent. A bearish candle is one that closes below its opening price, while a bullish candle closes above its opening price. There will usually be shadows, otherwise known as “wicks”, which will appear above and below the candlestick body. This is the range of prices that the currency has traded in pairs.

2. My experience with using Forex Candlestick has been made easier

Inside this ebook I learned all the major chart patterns that can very reliably predict price changes and continuity. Some of these patterns include shooting star, maruboju, engulfing pattern which can reliably predict price movements.

Of course, you need to be more creative when looking for an engulfing pattern, since the next candle always opens at the same price as the previous candle closing, this pattern is hard to find.

3. Are Japanese Candles Really Useful for Forex Trading?

Most definitely! With the help of this trading tool, I can now more easily analyze the market conditions and make predictions about future market trends with a high degree of accuracy.

The Inside Scoop in Forex

Forex, also known as the Foreign Exchange Market, is the source of income for many people. But many people are always wondering what Forex really is. Forex is the market for currency exchange, that is, you can trade US dollars for Euros. It works just like the stock market, and also comes with many of its risks and disadvantages.

Many people actually make a living trading Forex. They do the same thing as a day trader, but on an international scale. You can be very risky in Forex, and even the safest trades are even more risky. The currency can go up or down right away, and if you make a mistake, you can lose a lot of money. It’s the same with gambling, but if you know what you’re doing, you can make a lot more investments.

The whole idea behind Forex is that different currencies of countries can fluctuate depending on the financial situation of that country. It can depend on any number of factors including crops, production, and even how individual businesses are doing in that country at the time. Looking ahead and accurately predicting a country’s financial situation in the future can lead to a lot of investments, but as I’ve stated before, it’s still a gamble.

The currency can lose its value very quickly. Forex is undoubtedly less stable than the New York Stock Exchange or other similar stock trades based solely on the fact that many countries do not have a stable financial situation. Wars always happen in small countries, and they can completely ruin their money. Trade with Forex at your own risk.

The idea behind Forex is not hard to understand, but learning to invest in it wisely can be a daunting task. It’s a big gamble, especially if you’re going to use a large amount of money, and I recommend knowing what you’re doing before investing.

Petabyte age

Everything in computers needs storage – blogs, instant messaging, social media and personal documents, all on our own computers or on someone else’s, such as Gmail in the case of emails. As the amount of data available increases, the storage requirement and its units of measurement also increase.

The storage units in the calculations start with bytes (or 8 bits). Just over a thousand bytes (ie 1024 bytes) contain kilobytes (KB), 1024 KB contain megabytes (MB) and 1024 MB contain gigabytes (GB), which is the most common storage unit today. This multiplication by 1024 continues to define a terabyte and then a petabyte.

The Petabyte is considered a milestone in the scientific approach – to the extent that it is sometimes called the Petabyte Age. What distinguishes this vast amount of data from the limited data available so far is the prediction that in the Petabay era, researchers will no longer have to create hypotheses, models, and then test whether their hypothesis and model are correct or not.

For example, instead of assuming that a particular age group is more vulnerable to health risks or a particular geographical area is likely to be affected by riots or political uncertainty for some reason and to test this with some data, advanced data retrieval may to be used. Such digging of petabytes of data would make it possible to cut off a virtually unlimited flow of information, such as scanning news around the world, to identify problem areas, together with trends and problems of “high importance or seriousness”, without the need to identify their root causes. This type of “geotagging” has already started in the form of projects such as Google Zeitgeist and Europe Media Monitor – EMM. Therefore, in the age of petabytes, centuries-old scientific methods for hypotheses, models, tests are ready to be replaced by what huge amounts of data tell us. In short, the findings of huge data collected from around the world will not need models to explain them, as the numbers would speak for themselves. For example, to quickly monitor epidemics, predict wars, voting patterns, etc. In an article entitled The End of Theory, Chris Anderson, editor-in-chief of Wired, wrote: “Science can progress even without consistent models, unified theories, or indeed no mechanistic explanation at all.” More radical views even called the Petabyte era the end of science, while others dismissed it as too futuristic.

The terminologies are already defined beyond Petabyte – this includes Exabyte, Zettabyte, Yottabyte and Brontobyte, each of which, starting with Petabyte, is multiplied by 1024 to arrive at the next terminology. But only time will tell whether Petabyte Age, capable of processing millions of data points and aggregating information through multiple sources and sensors using cloud processing, will change science or not.

Forex Trading – The Mystery of Forex Trading

Forex trading is a system designed to allow people to trade currencies in different markets. For example, if you place a 100 bet on the yen and it is, you make money. Over the last few years it has become incredibly popular not because of its serenity but because of its restless nature. Sounds weird, but there’s a good reason for it.

A volatile market can mean only one thing – a series of big spikes both above and below. This means that the profits are much higher than in any other online trading and it is not surprising that traders earn up to 100 times what they initially invested.

In contrast to options and stocks, the forex trading market is affected by many variables, one of which is news. If there is any problem during the news, the market is agitated. This is a time when some of the biggest spikes can happen and a huge percentage of people make both huge gains and huge losses.

Sticking a strategy

Some of the most successful online businesses will agree with this strategy – find a strategy and stick to it. There is nothing magical about forex trading, the price goes up and the price goes down. Whether you make money or not depends entirely on your predictions.

There is no place for gut instinct in forex trading. Emotions stand in the way of your desired results and are one of the biggest reasons why 90% of traders fail in the first 12 months. Of course there are many scientific ways to help you improve your adversity when trading Forex.

Simple moving average

One of these strategies is to use a simple moving average. This is where we find a set of averages from the previously existing spikes. Once you set this average you can make an assumption that whenever the price exceeds this average in the future, it is a sure sign to buy. There are definitely programs out there that can do this for you because it can be a fairly time consuming task.

Some tips for beginners

Before you even think about forex trading, spend at least a week reading from people who know what they are doing. Then, when that week is over, go back and analyze to determine if the information you read is reliable. Then go read another week!

If there is anything to be said to a beginner about the Forex market or any other type of trading, it is – do not trust anyone but yourself! Be sure to ask for advice, but make sure your investment decision is yours alone. Measure the investment to determine if you can afford to lose what you are going to keep and never go overboard!

If you don’t have a goal, you should find a strategy that works and sticks to it. Don’t go for less that your full potential. Find a good strategy that works well and stick to it.

Fox and hedgehog

We can say that humans are classified as one of two things – they are either a fox, or a hedgehog. A fox is a person who knows a lot about a lot and therefore has a tendency to jump from one strategy to another. In other words, they are very cunning and use lots of tactics to try and get the hedgehog. Hedgehogs know a lot about one thing. It knows that no matter how hard the fox tries, it only has to crawl into a ball, and when the fox pushes, it spikes in its mouth and so the hedgehog survives.

Don’t be a fox, be a hedgehog. Become a Tactical Expert in Forex Trading and I promise you will reap the rewards.

The Pros and Cons of Using Technical and Fundamental Forex Analysis

There are basically 2 main methods that Forex traders use to analyze the market. These are technical and fundamental analysis. Pure technical analysts will say that it is impossible to sell news, because the market is very fast and whatever news there is the charts will also tell you. On the other hand, fundamentalists would say that only news moves the market. Technical indications are always following. So what methods should we use? To find out, let’s look at the advantages and disadvantages of both of these methods.

Technical Analysis

Technical analysis involves tracking past currency price movements and using indicators to help identify which direction the current price may be heading. This analysis can be manual or automatic. Under the automated system traders use software (expert advisor) or robot to help them locate trades and identify entry and exit points. Technical traders believe that all the necessary information needed to place a trade is on the charts.

Basic Analysis

Fundamental analysis focuses on the main economic, financial and political factors to determine the price direction of a currency. Basic traders believe that currency movements, whether they become stronger or weaker, are related to the stability of economic, financial and political situations. Therefore, basic reports and news are important to them. News and reports like interest rates, employment, trade balance and GDP are very important. Other information such as retail sales, durable goods, home sales and ISM will also affect the price movement.

Technical Analysis

advantage

-It helps to provide specific entry and exit point for traders during trading.

-Charting gives everyone an easy way to quickly identify trends. This is possible because the same data is also monitored by millions of traders, as a result if many Forex traders do the same, it can make a self-satisfying prophecy to strengthen the trends.

-It focuses on charts and indicators. This is without a doubt the easiest and most accurate method used by many traders today.

-Charts and tools can also help pinpoint when a trend is about to start or end. So help traders plan their profits and stop losses more accurately.

Disadvantages

-If multiple traders place their stops in the same areas, this may trigger a change in price movement because it may allow major market players to deliberately trade. prompt these stops.

-Tools used as lagging indicators. It can be dangerous to rely entirely on the assumption that current prices and trends predict future prices. They always do, but don’t have to.

-Full reliance on charts means you won’t get other signals that could change the trend.

Basic Analysis

advantage

-Basic analysis increases our knowledge and understanding of the global market. So help us get a clearer picture of the overall health of the world economy.

-We use fundamental analysis to explain some unexpected price movements. So find out what drives prices higher or lower.

– Major news releases can sometimes provoke large price movements when there is a large discrepancy between expected and actual results. If you can predict and capture this price movement, it can be very beneficial.

-Fund analysis is better used for predicting longer term exchange rate movement.

Disadvantages

-There is so much information that one can easily get confused.

-It is very difficult to use all this information to pin point a specific entry or exit point in a trade.

-A short term news release can give a false signal and mislead the trader into opening a trade. This signal always promotes a knee-jerk reaction in the market.

-Sometimes the information or news released may already be priced in the market. Therefore, the information has no significant effect on price action.

-It requires someone with at least some basic knowledge of economic background.

-News releases can sometimes create dramatic and rapid price movements for a currency pair in both up and down directions as the Forex market tries to digest the news. Inexperienced traders may find themselves caught up in a bunch of losses.

Conclusion

In my opinion, there is no ideal or best method of Forex analysis that will guarantee you 100% results at all times. Technical analysis and charting can help short-term traders make their decisions, while long-term traders need to keep themselves abreast of the latest news. of the economy and data related to the currencies of the country in which they are sold. tool. When used correctly, it can often help you do business more effectively. This is why most Forex traders tend to use both methods of analysis to make a trading decision.

Safe Trade Review – A Secure and Simple Forex Trading System?

Is Safe Trade Pro a scam? Every day there are hundreds and thousands of traders who trade on the Forex market. Most simply use it as a means of exchanging one currency for another, while there are also institutional and individual investors who trade it for profit.

How does making money with Safe Trade Pro work?

As a result, many of these traders are constantly trying to predict future price movements of different currency pairs and use this knowledge to generate steady and regular profits from currency trading. All of these currencies are traded in pairs against each other, so you need to know how one currency will perform against another before placing your trades.

Can Safe Trade Pro really allow you to make regular profits from Forex trading?

This form of trading takes place 24 hours a day and anyone can trade on the Forex market with a trading platform provided by a Forex broker. Despite the fact that there are professionals who regularly receive income from this method of trading, it is also a fact that more than 90% of traders who jump on the market burn out without having the necessary prior knowledge and not following a system.

What is Safe Trade Pro software?

Instead of being programmed as trading software, aiming for huge profits and leaving itself open to huge withdrawals, this software is programmed with a security-first approach that aims to lose as little as possible before going for profits.

In my opinion, this is a much better way to trade, because the protection of your capital must always be given a higher priority than making money. Plus, with this tool, I no longer have to sit in front of my computer screen every day and watch charts to make money.

Market forecasts are confidential for traders and investors

Market forecasting is a science and industry that predetermines which market is most likely to change direction and may include the expected duration of the expected action.

Market analysis is the taking of current price data and the application of technical analysis and / or fundamental analysis to determine what the market has already done and is doing now and may or may not include market forecasts.

If the market forecast is included, the extent to which it is included will vary greatly from one analyst to another. The forecasting method can be as simple as predicting a breakout response across an indicator line or some level of resistance, or as sophisticated as predicting a possible change in market direction (start / end of a new trend direction or a trend correction).

The forecasting method involved with my value data analysis is highly sophisticated and naturally proprietary. The science behind my work is firmly rooted in the mathematics of the market cycle. The market cycle provides a roadmap for future price directions and the possible final outcome of moving to a new one.

There are several ways to analyze price data for bicycle footprint. These cycles expose themselves to oscillators and moving averages (indices), seasonal tracking and even observations of different planetary bodies and their effects on Earth (production and psychology).

The technical aspects that a trader or investor uses for my clients can predict the market quite a bit without in-depth research. Here are some tips to help you get started on trends and potential timelines.

Start with a weekly price chart.

Using a weekly price chart, where each price bar represents a trading week, identify the beginning of a new move. This means finding a clearly defined swing bottom or top where starting from a new direction.

Usually Fibonacci points tend to change the direction of prices. For example, 3 times later, then 5 times later, see a possible turn from 8’s and beyond. If you are not familiar with Fibonacci, there is a lot to write about.

Keep in mind that you can not only do this for each clearly defined swing top or bottom, but they will overlap. For example, you might notice that a certain week is 8 weeks from the previous top / bottom and 3 weeks from the recent top / bottom.

Don’t expect accurate calculations all the time. If you count 55 weeks from the previous top / bottom, it is possible that this could happen in 56 weeks. In fact, it is possible that it will not happen. Be aware of these disadvantages.

Getting a ‘time period’ to focus on a potential weekly shift is key here. Then, look around your daily chart and look for evidence of potential trend changes, such as your indicators being over-bought or over-sold and likely looking to reverse. You can even apply the time-calculation method to your daily chart and look for clustering within the weekly time frame you are analyzing. Clustering results in two or more results indicating the same time period (within one or two days) based on calculations from different previous tops and bottoms. This is the period you want to see.

There are many valuable market forecasting techniques that you can use to help predict future market changes. I’ve included 12 powerful methods in my Market Forecasting Secrets book. By adding market forecasts to your chart analysis, you can either plan new trades or get ready at the right time to exit an existing trade. Another big bonus is that it helps reduce your risk exposure, since there is no better place to enter the trade near the very beginning of a new move.