Cringe-inducing Trades And Profits
By KhmengWat.com
Professional traders know all about the guts and glory of live trading. Trading discipline is the only difference between unprofitable and profitable traders. Watching a violent swing in the charts Read more...
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Market Timing - Using Science To Predict Market Movement For Huge Profits
By KhmengWat.com
Market timing is the key to successful trading and we all know that human nature is constant so if we know the scientific law related to it, we can use it for more effective execution of our trading signals. Let's look at this important argument more closely.
Human nature has been constant since the time he first walked the earth. When he participates in buying and selling currencies he is no more sophisticated than Stone Age man
Why?
Because he is ruled by emotions including hope greed and fear and many others and these are reflected in market trends which repeat overtime (the basis of technical analysis) and these can be traded for profit.
The two most notable people in investment history to try and put this into investment theory are Gann and Elliot.
Fibonacci is another whose theories were not devised for financial markets but have been used by many in the investment community.
So do these theories work?
No they don't - but that doesn't mean you can't trade human
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FCStone Group, Inc. F1Q09 (Qtr End 11/30/08) Earnings Call Transcript
of this increase coming from exchange trade and the other $400,000 of this increase comes from our Forex commissions. As I mentioned before a decline in exchange traded volume of 2 million contracts was offset by a $0.50 increase in our commission rate
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Forex Trading Strategies Aggressively buy Japanese Yen Against US Dollar, British Pound, Swiss Franc, and Australian Dollar
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at 6:32 GMT. Total today +184, yesterday +149, as shown at www.zifx.com/performance.php For more forex information, go to www.iForex.bg NEXT ARTICLE : GBP/USD Technical Analysis 8 January 2009 Click the button to vote for this article Loading status ...
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nature for profit.
First let's sate a fact:
No one has discovered the scientific theory of human nature and how it relates to market movement.
1. If any of the scientific theories worked they would be objective and work ALL The time. On the contrary, Gann and Elliot's theories are totally subjective and don't work all the time. In fact Gann had to sell courses to make a living and Elliot died a pauper. Fibonacci retracements simply don't work at all on their own and the theory was never meant to be used in financial markets at all - it was devised to solve a problem related to the copulation of rabbits!
2. This reason is common sense - if there was a scientific theory of market movement there would be no market as we would all know the price in advance.
The above two points are obvious yet, forex traders don't believe facts that stare them in the face.
Lets look at how to take advantage of human nature the RIGHT way.
Can you make money from the theory of human nature being constant?
Absolutely!
But you need to see trading as an odds game - not a game of certainties.
On any price chart you can human greed and fear push prices to far in either direction up or down however, this huge mass of people don't move to a single theory.
Millions of traders make the price each day and this cannot and never will be predicted by science EXACTLY But:
You can estimate when traders have pushed prices to far due to their emotions and when the odds of a pullback are due - sure you will get some trades wrong with your market timing - but if you do it correctly, you will get more right than wrong and pile up huge profits overtime.
Losses in the short term are part of trading - but you want to make money and if that's your goal, you can trade high odds trades you can do this.
A Problem and a Solution
There is a view in all areas of life that science is the answer to everything but its not in the markets. Here you deal with the same problems as traders faced 50 or 100 years ago working out where a huge mass of people are going to send a single price next.
Science is not the answer - probability theory and the odds are and if you understand this, you can enjoy profitable market timing and enjoy currency trading success.
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Become Six Sigma Certified - Sponsored Link
Ad - Villanova Six Sigma Certification. 100% Online Program - Free Info.
Mastek net rises 16%
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British Pound Crosses: Short Term Weakness Expected
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BOE Lowers by 50bp Says Weak Pound Enough Stimulus
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Research and Markets: Illustrative Report on Mattel, Inc. and the U.S. Doll and Stuffed Toy Manufacturing Industry
- AP Sponsored Links With AAA rated, GE Capital Corp. Not an offer of securities for sale. Free Forex Trading GFT Makes FX Trading Sweet with Free al Resources. Try Now. Get Your AA, BA, Masters or PhD at a Top Online School. Start Now. Magazine
Geopolitical Tensions Strengthened the Yen
low of 91.55 alongside with a resistance level at 91.96 and a support at For more forex information, go to NEXT RTICLE : addLoadEvent(func) else Click the button to vote for this article Loading status ... TEXT SIZE : Comments #bottom_more .bottom_space
Italy PM-Alitalia would still consider Lufthansa offer
Extract not available.
FCStone Group, Inc. F1Q09 (Qtr End 11/30/08) Earnings Call Transcript
of this increase coming from exchange trade and the other $400,000 of this increase comes from our Forex commissions. As I mentioned before a decline in exchange traded volume of 2 million contracts was offset by a $0.50 increase in our commission rate
SYNNEX Corporation Sets Record and Meeting Dates for 2009 Annual Meeting of Stockholders
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Forex Trading Strategies Aggressively buy Japanese Yen Against US Dollar, British Pound, Swiss Franc, and Australian Dollar
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Forex Trading Strategies Aggressively buy Japanese Yen Against US Dollar, British Pound, Swiss Franc, and Australian Dollar
Our forex trading strategies forecast that the Japanese Yen will strengthen against the US Dollar, British Pound, and Swiss franc. A wide range of systems have bought the Japanese currency in the
Old Republic International Announces Fourth Quarter and Full Year 2008 Conference Call
AP Related Sponsored Links With AAA rated, GE Capital Corp. Not an offer of securities for sale. Practice Forex Trading in Real Market Conditions with a Free Trial. Get Your AA, BA, Masters or PhD at a Top Online School. Start Now. Magazine Kiplinger
USD/JPY Technical Analysis 8 January 2009
at 6:32 GMT. Total today +184, yesterday +149, as shown at www.zifx.com/performance.php For more forex information, go to www.iForex.bg NEXT ARTICLE : GBP/USD Technical Analysis 8 January 2009 Click the button to vote for this article Loading status ...
EUR/USD - Euro Dollar, American Session - 08/01/09
take a short position. Resistances 1,3750 - 1,3840 Supports 1,3540 - 1,3320 For more forex information, go to www.mataf.net NEXT ARTICLE : Daily Forex Analysis Click the button to vote for this article Loading status ... EMAIL PRINT TEXT SIZE : A A A
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