Tuesday, November 18, 2008

Trading forecasting system

Our service is really about three things: Pivots, Direction and Absolute levels (amplitude). Therefore, it is really important to identify the high and low pivots (in time, not price) to see where the trends will change. Our forecast will show you the high or low pivot point.
Another way to trade is to take shorter trades that set-up where the market diverges from the correct direction Simply trade in the direction of the forecast where either a) the market has retraced away from the forecasted trend or b) where it has
taken out a previous low or high from the previous day (or some other significant level). Keep in mind, lower risk strategies are often associated with making trades at price levels at or near forecasted weekly pivots and not in the middle of a pivot cycle.
Our method of forecasting system is very complex, but in a nutshell we calculate different cycles in the market and our computers spit out the forecast for the following week. These forecasts are best suited for swing trading and even daytrading.
EminiForecaster.com

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