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Introduction

It is the ideal tool to accompany the tendencies and to optimize your exits. Super Trend evolves with the top or the lower part of the prices according to the developed tendency. It accompanies the prices as a following stop with the difference that this one does not progress or is not closed again on the prices during the zones of congestion. That gives more space and time to the prices to evolve, you thus giving the possibility of collecting a more important movement. You will be able to use it as indicating of exit as soon as this one changes direction or to position stops of protection.

Application of the method

Point entrance: Generally it is preferable to privilege the positions purchasers when Super Trend evolves with the lower part of the prices and a contrario it is preferable to take only positions sales when Super Trend evolves with the top of the prices. It is possible to reinforce its position when the course comes to type on the super trend without crossing it.

Point exit: The exit is carried out when Super Trend changes direction.
However, the stops loss must be placed a little at the top or below super trend according to the direction of the position. The larger the unit of time will be, the more it would be necessary to draw aside its stop of the super trend. Indeed, it often happens that the wicks of the candlesticks cross the super trend and that the fence of the same candlestick is done finally on the super trend for after involving a rebound of the course.



Summary

Advantages: Allows to benefit from great movements; Do not stick to the prices and thus avoids many forgeries signals in the event of side tendency or of correction of the market; Be used on all the time bases; Offer very good performances; simple of use

Disadvantages: The stops of protection are often distant owing to the fact that the super trend does not stick to the prices;

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It is method is extremely simple and makes it possible to benefit from great movements. Indeed, moving average is indicators of tendency. To apply this strategy, it is enough for you to choose 3 moving average. That can be for example the MM20,50 and 100 or the MM7,14,21. They are the groups of moving average most often used. The more the moving average is parameterized over one short period, the more sensitive it will be to the variations of course and will change direction quickly. The choice of moving average used thus depends on your style of trading. For a trading short term, privilege moving average short in order to obtain a maximum of signals. The risk is then to obtain a large number of false signals. It is thus with you to choose.

Application of the method

Point entrance: When the moving average shortest crosses with the fall or the rise the two others, it is then necessary to return in the direction of the movement. To avoid the false signals, wait until the candlestick on your timeframe is enclosed before returning on the market.

Point exit: The position closure is made when the moving average shortest recrosses in the other direction two other moving average.

Summary

Advantages: facility of use; possibility of programming an automatic trading; allows to benefit from great movements
Disadvantages: ask time especially if the timeframe used is small. It is indeed impossible to establish a level of exit has the advance; Number important of false signals.

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Since the devastating seism of January 12th, population of Haiti east thrown in the streets, without roof, awaiting with rage the international assistance which delays. Whereas the black-market makes new great strides and that the gangs seize the devastated streets, the population is in search of its economies. The savings of the Haitians are often under tons of engraved, their devastated house or the banking institutions which, following the example of presidential palace, did not resist the jolt.

For a few days, the financial system has started to be raised painfully even if dollars and gourds, i.e. the national currency, are always rationed. Contrary to the trade banks and their head offices located at Port-au-Prince, the central bank, a large made modern building of glass, is still upright. For a few days, the establishment has started to pump money towards the few still opened banks or about to opening.

Since the beginning of last week, the population which is always in search of liquidities can go in about thirty points of service located in all the Haitian capital. Many are those to come there to deposit the check of their employment in order to recover a little cash. However, of the restrictions were imposed by the authorities since the customers can withdraw only a few tens of dollars at the same time. The objective of the authorities is to avoid a rush towards the banks whereas a medical crisis dozes.

Gradually, the financial system should however find a pretense of normality, the provincial banks, which were not touched by the seism, restocking since a few days the banks of the capital still upright.

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Measurements in favor of Greece, which fights to restore its public finances, “are not excluded” but would come from public financial institutions and not of the States members, indicated Saturday to Davos a European government source.

Excluding a rescue from great scale of Greece, of which the public deficit exploded, this government source specified in AFP that institutions like the Funds international currency (FMI) or the European Investment Bank could provide this help.

That would be however considered only provided that Greece “makes its duties” as regards reduction of the budget deficit, specified the source in margin of World economic forum (WEF) of Davos.

Greek the Prime Minister Georges Papandréou and his Minister for Finance Georges Papaconstantinou, present in the Swiss ski station, had ensured Friday that their country would arrive by his own means to reduce its budget deficit, contradicting an financial aid of the countries of the euro zone.

Greece has passed through the worst crisis of its public finances for thirty years, with the explosion of its debt envisaged at 113% of the GDP for 2009 and the revision of its public deficit with 12.7% of the GDP.

The assumption of such a help was discussed these last days but was highly contradicted officially, while Greece was kicked up a rumpus hard on the bond market.

The minister Frenchwoman of the Economy Christine Lagarde expressed his “confidence” in the capacity of the Greek government to rectify his finances. It ensured that the members of the euro zone were “all interdependent the ones with regard to the others”, but that “there is no system of rescue”.

The managing director of the IMF Dominique Strauss-Kahn repeated that its institution was “ready to intervene” but estimated that “that will not be obligatorily necessary”.

Press informations gave a report on preparations on Germany and France, support measures for Greece within the European Union in particular. Information was officially contradicted in Paris and Berlin.

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For Forex Trading profitable, you need to capture the trend and stick to it until a healthy part of development. Despite the fact that there are many indicators are characteristics of the operator to identify trends and business models, point and figure charts are among the signals generated by the simplicity and lack of clarity on the ad. The advantages of P & F Chart is its simplicity. Although it may seem complex and difficult at first glance, the inexperienced operators to act terse representation of the action of the market makes it an ideal choice for trend following strategies, where the most Retracements we can ignore, and the instability following the main pulse of the market.
AP Graphic & F consists of boxes, and OS X. X indicates an uptrend, the price has risen during this period. An O indicates a period of falling prices. But to do this, unlike other types of diagrams, charts, P & F, not all measures of prices in record time. There are two important criteria for the inclusion of daily price changes in a chart P & F: size location and level resolution. Frame size determines the minimum difference between opening price action before the close of trading days in a column of X (concept) in an uptrend) or less similar to the previous day in a column of Os (trend downwards. Cancellation determine the minimum amount of traffic, if the value is in conflict with a continuing trend. This is the minimum amount by which it must refuse a column of X and begins a column in the OS, if the price decreases, and vice versa, although growing. They have, in other words, until the stay Cancellation less than the amount set aside in a uptrend, we have a column of X, if the same applies to a downtrend, then we have a column in the OS. The market shares, the box size is usually 1, and the amount of Retracement is 3rd
It sounds complicated but is really very simple. Traders buy or sell turning points. For example, if after a period of X-chart shows, it is likely that a reversal has taken place, and time to market short. However, there may be a trend right after the exit and keep buying and selling as the main trend remains intact. Since the P & F chart significantly affect the single path that covers the trends of this resolution shall be defined and perhaps more reliable.
The P & F chart is not very popular among professionals, and many brokers Forex Trading, leave it in standard packages. However, this does not mean that this instrument may be less effective than others. Doing this kind of stock charts for business and want to use foreign currency, there is nothing to prevent you from it. The same rules and principles, and the simple nature and not complication of P & F, you can even make its own calculations in your power to create at any time.
To learn how to trade currencies, you must have the appropriate knowledge. ForexTraders.com provides free information to help you learn the strategies, analysis, how to choose between brokers Forex Trading, and we even have free reign!

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- the speech of the EDF left completely unchanged all the principal factors, including interest rate, the programme of purchase of asset and the central parts of the speech.

- The American actions set out again with the rise, following the advertisement of the EDF.

- The positive feeling gained the Asian markets, where the indices record strong profits.

- Pair EUR/USD briefly passes under the level of 1.40, for the first time since the month of last July.

The day of yesterday was full with significant events, which perhaps made it possible to find the appetite of the risk, for the moment. The American markets actions reacted very favorably to the advertisement of the EDF, which did not change its commitment to leave the low rates “for one prolonged period time”, and which improved its opinion of the economy in general.

The positive feeling continued on the Asian markets, where important profits are recorded. At the same time Nikkei and Hang Seng are in rise of 1.5% at the time of the writing of these lines, whereas the future ones on the S&P are again with the rise.

One awaits today the breaking news of the Greek face as well as the continuation of the results of the fourth quarters. One also awaits the vote of confirmation of Bernanke for today.

In Euroland, the European commission will deliver economic situation for December. One awaits in the United States the results of the sales of durable goods and those of unemployment, through the requests for allowances unemployment. Those should continue their fall. If not, the markets should badly react. The sales of durable goods are an important sign of recovery, and this is why the markets will read these results attentively.

On the foreign exchange market, the Euro continues to suffer from the problems of Greece and Portugal. It spent this morning for the first time since July under the bar of the 1.40. Indeed, the two countries are always under the magnifying glass of the investors, who fear for their capacity to refund their debts. All that is obviously not good for the Euro, which loses ground vis-a-vis in the majority of the other currencies. USD was also reinforced vis-a-vis the JPY and the pair passed by again above 90. The cyclic currencies, like the NZD for example, profited from the positive feeling on the markets and are in rise, even vis-a-vis the dollar, although “kiwi” did not receive any support of the RBNZ, the New Zealand central bank, which kept its unchanged rates with 2.50%, the last night.

Year 2009 was characterized by a bond opposed between USD and the actions. The more the actions went up, the more USD dropped. On the other hand, this bond has weakened for a few months now and one lived a day as lately as yesterday when the UDS was reinforced, as well as the markets actions. This change reflects the change of priorities on the market of the forex, which gives again apparently more importance with interest rates than with the actions.

Technically, pair EUR/USD could go down until the area from 1.3832/1.3755, following the break of the resistance of 1.4007






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The declarations of Jean-Claude Juncker in connection with Greek public finances created a feeling of insecurity around the euro and benefitted the dollar, which crossed the levels of 1.0500 (higher to 1.0554). This level has highest been recorded for 6 months and it is justified by the probable end of low interest rate in the United States.
The last vote for the maintenance of the current monetary policy was not done unanimously and a forthcoming rise of the rates would support the dollar. We are now “shorts” on the parity sale to 1.0500 and we await a return of the parity under this level.

EUR-USD According to Axel Weber, one of the leaders of the ECB, “the crisis certainly is not finished yet!”. Fears related to the financial health of Greece, as well as waiting of the meeting monetary policy committee of Federal fund (FOMC) yesterday evening, have made plunge the single currency on its low level for 6 months, to 1.3933 with low. The dollar continued to profit from a purchasing current fort and we think that it would be useful to benefit from this clearing to buy the parity under the 1.4000, for a medium-term return above 1.4500.

USD-JPY the overseas investments increased by 230.1 billion yens in the Japanese purses and 663.8 billion yens in the Japanese obligations. The sales of detail are in fall of -0.3% for December. Following the decision of the FOMC, the purses set out again with the rise, causing a fall of the yen. The USD/JPY is assembled from 89.15 to 90.39 and cross-country race EUR/JPY from 125.25 to 126.73. The point pivot of 90.00 remainder invariably of topicality.
EUR-CHF the euro against Swiss franc was not touched by the turbulences recorded by the principal parities. The channel of 1.4700 - 1.4750 held and should continue today (low to 1.4710 and higher to 1.4739 during the last 24 hours).

GBP-USD Surprisingly, the declarations of Andrew Sentance in connection with British inflation do not have affected delivers it, quite to the contrary! The market, having a presentiment of a probable end of the programme of injection of liquidity undertaken for several months by the central bank, has profited to massively buy the GBP/USD, which flew away up to 1.6245 before folding up itself slightly. Today, the rise should find a good resistance towards the levels of 1.6285.The situation of January 28th on the markets printable Version To suggest by e-mail

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The president of the Funds international currency, Dominique Strauss-Kahn, estimates that in a globalized world, “it there more place for a national solution”. He also invited China to revalue Yuan.

If it wishes more monetary stability, the world cannot any more be dependant on only one currency of international reserve. It is what with declared Tuesday the managing director of the Fund international currency (FMI), Dominique Strauss-Kahn, during a conference. “In a globalized world, it there more place for a national solution” have-you it declared, allusion made to the American dollar, whose statute of currency refuge is criticized more and more. According to the IMF, a new currency of reserve could as a result be based on the system of the special drawing rights (DTS), the Unit of Account used by the international institution. A position which at the beginning of year the director of the central bank of China had already defended, which did not wish any more to see the dollar continuing to remain indefinitely the single currency of world reserve.

At the end of a two days visit in Beijing during which it in particular met persons in charge of the Central bank and ministry for the Trade, Dominique Strauss-Kahn also invited China to revalue her national currency. “The renminbi (yuan) is underestimated. A revaluation is in the interest of the worldwide economy but as of China”, he said, adding as “earliest will be best”. “That will take time because it is not something which one can modify from one day to another”, however recognized the French former minister. This rebalancing is however necessary, because China currently has “a commercial advantage but she also suffers from prices which are false, likely to lead to bad decisions as regards long-term investments”.

China is the subject since years of pressures to let its currency appreciate itself, in particular on the part of its large business partners, the United States and European Union. The latter estimate as a result that weak Yuan favors Chinese exports.

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The Asian development bank revises with the rise its growth forecasts for the area in 2009 and 2010.

It is not a surprise, but the BAD (Asian development bank) confirms it: Asia east about to leading world economic recovery. It even estimates that the area is “more resistant than it was believed” and has, this Tuesday, revised with the rise his forecasts of the month of last March.

In its eyes, the global growth of Asia, except Japan, will be of 3.9% this year and 6.4% per annum next. It will be drawn by China (+ 8.2% in 2009 and + 8.9% in 2010) which will benefit from its revival program of 4,000 billion yuans (396 billion euros), but not only. India (+ 6% and + 7% respectively) and Indonesia (+ 4.3% and + 5.4%) will also take part in it.

Because, the bank underlines, in fact the large developing countries still will be affirmed like the genuine engines of the way out of crisis and not smallest which is opened with the international exchanges.

Thus Singapore, very depend on the western world, he will plunge from 5% this year before finding a growth of 3.5% per annum next, just as Hongkong (- 4%, then + 3%), Taiwan (- 4.9%, + 2.4%), Thailand (- 3.2%, + 3%) and Malaysia (- 3.1%, + 4.2%).

The case of South Korea seems except for. In spite of an important support program with consumption, this country will remain in the red in 2009 (- 2%) and will have to wait until 2010 to join again with the growth (+4%).

But the BAD wants to be still careful. “The recovery remains fragile and exposed at big risks”, underlines in chief its economist, Lee Jong-wha. It would especially not be necessary, insists, that the governments decide “to draw with haste on the carpets from the budgetary and monetary supports”.

Very whole Asia, he adds, imperatively needs to be based on an inner demand much keener than it is not currently to compensate for its dependence with respect to the weight of its exports. For that purpose, the determination of the public authorities to start again consumption will be paramount.

But it will also be necessary for him to count more on a true regional integration. It started to do it while making fall from many tariff barriers. Unfortunately the creation of a true Common Market, built around the ASEAN (Association of nations of the Southeast Asia), of China, of South Korea and Japan, advances only at the speed of a snail.

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The American Central bank maintains its rates close to zero, but wants to be more optimistic on the economy.

As expected by the markets, the central bank américiane decided to maintain its rates directing close to zero, at the end of a two days meeting. The EDF returned a report of monetary policy more optimistic than usually, estimating that the American economic activity “was rectified”, but will remain still “weak”. Already last week, Ben Bernanke, his president, declared that the recession was probably finished.

After four consecutive quarters of contraction of the GDP, the Federal fund confirms to see a return to the growth with the third quarters. And the figures are there to support this analysis. For this summer, the industrial production, the retail sales and of housing have set out again with the rise and the markets actions find little by little the favor of the investors.

But the EDF wants to be more reserved on consumption and the employment picture. Since the beginning of the recession in December 2007, seven million American has lost their employment, carrying unemployment rate with 9.7% in August, a level more seen for 26 years. And the tendency should still continue several months.

Reason moreover for the American central bank to maintain its monetary policy accommodating and to give a nudge in the right direction to the incipient recovery, whereas the unemployment and the mitigated confidence of the consumers always encourage the Americans to reduce their expenditure to credit, engine of the growth in the United States. Moreover, the EDF will preserve until March 2010 its programme of repurchase of mortgage deeds, intended to lower the cost of the real loans.

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Whatever school of analysis which we belong, most of us are just a few problems with the claim that the effect of prices that all matters relating to trade futures, because the only determinant of the profits or losses of money. We have a very sensible, well thought out justification for forex analysis and our strategy, but if we can not confirm the price action is the sad reality that it is useless.
The technical analysis takes this concept one step further and say that everything is on trade, energy, the same price. In other words, holidays, events, new concessions, statistics and data, as well as economic and political developments into account and focus on the same price. This attitude is justified by the belief that the price action through the media and created a profit hungry traders following reflects all information available to the public at all times, and it is useless to seek the advantage over the market, trying to include all data currently hold. Not only can not be said technical analysts, but also unnecessary, since the prices already incorporate all available information by itself to the interpretation of the best minds and most powerful of the market. Technical analysts are warning us to study the markets, and ignoring everything else, and thus obtain a strong emphasis on the only evidence that matters of value.
Critics addressing technical analysis, while the price does not represent the total amount of bull and bear market does not reflect a consensus, and as such can not be used as the representative views of all stakeholders account. In other words, there is no such thing as a contract. Moreover, they add, even if short term, the price is hard to predict economic events in the long term are clear trends that can easily be achieved through fundamental analysis. Technical analysts defend their school, asking that fundamental analysis is difficult, if not more reliable than mechanical, and more time to complete.
Technical analysis tools applicable to all actions of the price displayed on maps. The indicators used for the production of market behavior or assess all costs to sell and the price structure for the interpretation of the underlying dynamics have been identified. Technical analysis does not claim to be free to create bugs, specific answers to questions in the minds of traders, but intends to identify the scenarios where the potential is a profitable business the longest. Technical bodies have adapted to a culture and used to deal with probabilities, and should be ready for the losses, taking into account necessary.
Let us stop this short study notes that the care in the chaotic environment of the market Forex, methods of money management and emotional control are equally important, if not more important than any kind of strategy and analysis. Learn Forex, we must maintain our capital. And the money management is what we learn to maintain it. With patience and dedication, it is difficult to achieve in Forex, but it does maintain a sense of the dream to swim in pools of gold and silver.