STRANGE ‘STALKER’ SCARE (don’t do this)

December 20, 2009 · Posted in Currency Trading · Comments Off 

Since Thursday, my mail box has been inundated with emails from my reading asking for more info regarding Travis Lucas Enlightenment FX.

Here’s the facts: The buzz surrounding Enlightenment Forex has been spreading like wild fire through our forex community.

And unless you’ve been trading under a rock, you’ve probably been hearing a LOT about it too.

Here’s the saga so far:

First, Travis released his amazing profit tripler — The EFX Market Indicator – which many traders hail as the BEST market-condition- identifying indicator EVER.

Then, yesterday, he raised the bar even higher with the release of The MTF Trading Method.

In fact, so many traders got excited about Enlightenment Forex that his website almost “crashed” because of the sheer number of traders visiting at the same time.

The stats are now in: In just the past 48 hours, 35,327 traders have visited the website… and over 11,000 traders have raised their hands and expressed interest in Enlightenment Forex.

And that’s SCARY.

Because he’s only releasing 200 copies of Enlightenment Forex next Tuesday.

The competition will be absolutely CRAZY. Traders will crawl over broken glass to get a copy.

That’s why Travis have to do some RUMOR control.

He decided to pull back the curtains and reveal some cool PREVIEW videos about Enlightenment Forex…. showing you the reliability, effectiveness, and raw power of it.

You’ve got a rare chance to see it in action and witness some of the live trades Travis makes with the system.

See the preview videos here:

==> Visit Official Enlightenment FX Site

Given all the CRAZINESS revolving around this system, I can’t urge you enough to hop right there to the page and put your email in the waiting list, before Travis pulls it down. With this kind of response, nobody knows when he is going to do just that.

So, stop what you are doing AT ONCE, and sign up to the Enlightenment Forex waiting list right NOW

==> Visit Official Enlightenment FX Site

It may take less than 2 minutes of your time, but it’ll be very well the most IMPORTANT action you take in the whole 2009.

Once you are inside, you’ll have the chance to see the powerful Enlightenment Forex system in action, witness some of the live trades Travis makes with the system.PLUS, you stand a chance to win a copy of the Enlightenment Forex system for FREE.

So, this is your call, but I do hate to see you miss out on such an offer.

It sucks!

Rob Trader – Forex Expert

Article Source:http://www.articlesbase.com/day-trading-articles/strange-stalker-scare-dont-do-this-1603627.html

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ES Emini Day Trading: Exponential Moving Averages vs Simple Moving Averages

December 18, 2009 · Posted in Currency Trading · Comments Off 

Moving averages are an integral part of most day traders indicator arsenal, and getting two traders to agree on which indicator is the best, or which configuration yields superior results is an argument that will rage on forever.  There is simply no agreement as to exactly what works best-and that is as it should be, because no two traders trade with same mind set and personality.

In the world of moving averages there are two contenders for consideration.  The diminutive simple moving average (SMA) and the more complicated exponential moving average (EMA).  Because the EMA has a more sophisticated method of calculation, many consider it to be the superior of the two averages, but that would be jumping to unfounded conclusions.

The SMA is a basic arithmetic mean: you add together the closing prices from the last 10 periods then divide the product by 10.  As I said, the result is a simple arithmetic mean.  Pretty simple?  Too simple for some people, especially those who tend to associate complexity with efficiency.

Complexity does sometimes yield superior results, but that is not always the case.

EMA’s are really not that much more difficult to calculate.  The formula is simply 2 (n+1), and the result is added to the prior days exponential calculation.  With some simple deduction you will see that an EMA emphasizes the most recent days prices, or weights the most recent days prices more than prices early in the exponential sequence.  Since any moving average uses historical data, or data that has already occurred to calculate the average, any moving average can be considered a lagging indicator.   It should be obvious, then, that the purpose of the EMA is to “speed” up the lag factor that is inherent in all moving averages.

Do EMA’s really speed up the lag factor?

To a certain extent EMA make the lag factor in moving averages less distinct, but like all things, there is a cost.  EMA’s are notorious for causing a raft of early buy and sell signals,  as the last variables in the sequence overweight the average.  For that reason alone, I am not a huge fan EMA’s and prefer SMA’s.  Does that mean SMA’s are better than EMA’s? Not at all, all it means is that in my trading mentality I am far more comfortable with the results from an SMA than I am an EMA.

I always strike an 89 period SMA on my charts and watch the price action relative to the price action and the SMA.   If the price action in more than 3 or 4 points below the SMA(on the ES contract) I immediately decide that long trades are out of the question until the price action moves closer to the SMA, and visa versa on price action about the 89 period SMA.   I can also glean some nearly instant information regarding the trend of the market by looking at the slope of the 89 period SMA, and the sharper, or more pronounced the slope appears, the stronger the trend.

I also use a number of paired moving averages to back up some of my entry and exit points.  I generally use Fibonacci numbers starting with 5 and up to form my two moving average lines.  I find it best, on short term trading, to use to SMA’s that are within 15-20 points of each other.  I will leave to you to discover which set of moving averages intersect at point which best suit your trading style.

So we’ve talked a bit about moving averages today, and seen some applications for the SMA.  The EMA’s are also used by many traders and I would encourage you to explore the applications for this moving average.

I endorse a state of the art trading program for beginners at Trading Concepts, Inc It’s an awesome product that will have you well on your way to success. Plus, it has a money back guarantee…you have nothing to lose and thousands to gain.

Article Source:http://www.articlesbase.com/day-trading-articles/es-emini-day-trading-exponential-moving-averages-vs-simple-moving-averages-1596186.html

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Trading Forex With Moving Averages

October 6, 2009 · Posted in Currency Trading · Comments Off 

Moving Averages are popular and common trading indicators, used by countless traders worldwide. They are one of the oldest and more tested analysis tools in the markets, used for decades. In this article we will describe several trading methods and their strengths and weaknesses.

Moving Average is a very simple indicator – their are calculated by averaging all the previous closing prices. While there are several techniques of calculating averages, we will describe trading methods that are used regardless of exact calculation.
The main trading methods of Moving Averages are:

Method #1: Cross
This is the simplest and most well-known trading methods is the cross. In this method the trigger for entry is a cross of an MA by price, or by another MA which is quicker (has a lower period of calculation). For example, when a price crosses MA from below it will signal a long entry and a cross from above will signal short entry. This technique is generally a trend-following one and therefore also highly lagging: signals are given after price has began to trend and trader usually misses a major part of the trend. It is a useful system in trending FOREX pairs and commodities, and it losses in ranging markets with weak trends.
Many automated systems trade this method, whether directly or indirectly. Try to avoid such trading method as it performs only in narrow market conditions (strong trends) which are take places only in 20% of the time. If you choose to trade the cross, try to filter the signals using a trend filter like a Stop Order (that enters a trade after price advances a certain amount of pips). This increases the hit rate and profit potential of the cross method.

Method #2: Bounce
This is a more sophisticated trading method that is not as common as the cross, but is considerably more profitable. A bounce occurs when price touches a trending MA and instantly reverses, ‘bouncing’ off the Moving Average. In this method, the Moving Average performs as a support or resistance level that is blocking price.
This method produces much stronger signals which have several major advantages: First of all, because trades are issued on support and resistance, trader knows where to place its stop loss which is usually very tight. Second of all, the trader confirms that ‘the trend is on his side’, but enters with a leading signal rather than lagging.

Looking for the BEST indicator? – Check out the FXUltraTrend! This SUPERB indicator made 127,912$ since the beginning of 2009, simple and easy to use. This is the indicator you can’t afford to miss!

Article Source:http://www.articlesbase.com/currency-trading-articles/trading-forex-with-moving-averages-1306450.html

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