MY INFO

Info for me:

38623275 FM, 38631529 FM

38628670 FW, 38630224 FW

57696261

24491775

24491790

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1926808

mta.org Mike Carr, CMT (CO)

http://bigmoneyoptions.investorplace.com/about_big_money_options.html



WFRewards: 1221 Orig Name then Mccain4pres

WFRewards busline: 4550 wrpmllc Nobama2008



http://www.forexcalc.com/ forex position calculator

http://www.cboe.com/LearnCenter/OptionCalculator.aspx Options calculator http://www.gurufocus.com/http://www.stockpickr.com/http://www.themillionairezone.com/http://www.traderslibrary.com/ http://www.streetinsider.com/



Forex transactions:

86% invovle USD

37% involve EUR

16% JPY

15% GBP

27% of volume is EUR/USD

13% USD/JPY

12% GBP/USD

The most common pairs traded bases upon volume are: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD.



The most common time periods used in forex are 10, 20, 50, 100 and 200 days.





ADX system: ADX(14) cross D- => Calendar spread using ATM call with greater than one year expiration for long, and ATM call with near month expiration for short.


Oops Trade:If the market opens below the previous day's close, buy at yesterday's low. If the market opens above yesterday's high, sell at yesterday's high.


5/20/50 system: Buy when 5 DEMA crosses above 20 DEMA, if both are above 50 DEMA. Goal is 5%. Short when 5 DEMA crosses below 20 DEMA, if both are below 50 DEMA. Goal is 5%.


See 9/22/07 posting.

Moving Average Crossovers in Forex

The key to use moving average crossovers is to first identify the trend of the market and then to only trade in that same direction. If you find a strong uptrend, then using a moving average crossover as a buy signal has more value. If you find a strong downtrend, then using a moving average crossdown as a sell signal also has more value. Use the 200 day exponential moving average (EMA) for long term trend determination. When the market is above this moving average we can consider the trend as up and only take the buys. When the market is below this moving average, we can consider the trend as down and only sell short.

We are also using a 3 day exponential moving average and a 8 day simple moving average. When the 3 dayEMA crosses above the 8-day EMA and the price is above the 200 day EMA, a buy signal is given. A sell signal is given when the pair is below its 200 day SMA and the 3 day EMA crosses below the 8 day EMA. Buy first contract 10 pips to the opposite side of the trade of the close (if there is a buy signal, buy 10 pips below the close of the prior day) Buy a second lot at the current price of the 8 day EMA. If there is a sell signal, sell 10 pips higher than the prior days close for the first contract. Then set a second lot at the current 7 day EMA price. Set a stop loss at 10 pips ABOVE/BELOW the previous 3 day high.

Then, 7 days after the entry, start setting the first stop loss at the 10 day EMA. Take 1/2 of the number of lots bought. Use this as a trend line determination and extend the line out to take profits when this trend line is violated again.
Here are the exact steps
1. Search Metastock in forex pairs for 3/8/200 cross. There is probably only 1 trade every 3 months per pair.
2. Set buy/sell limit at 10 pips below/above the previous day's close. Set second lot at the 8 day MA of the previous day that is good for 3 days.
3. Set stop loss at 10 pips below/above the low/high of the previous three days.
4. Set first target at 100 pips. Set second target (buy stop/sell stop) at previous 3 day low/high.
Simple Forex Strategy
Strategy requirements: Time frame: 1 dayIndicators: 5 EMA, 12 EMA, RSI 21



Forex Strategy: Any time frame

Entry rules: Buy when 5 EMA crosses up and over 12 EMA and RSI is above 50.

Sell when 5 EMA crosses down and below 12 EMA and RSI is below 50.

Exit rules: exit when 5 and 12 EMA cross again or when RSI crosses back through 50.




SHORT TERM FX STRATEGY:
Daily Stoch is moving up - move to hourly chart and buy when moves out of Oversold area and sell when crosses back down out of Overbought area. The reverse is true too.
Long Term Strategy: Use Slow Stochastic on weekly indices to determine trend. Use trend lines on weekly to determine up or down trend. If stoch is up on weekly, look for DAILY stoch cross-up. If WEEKLY stoch is down, look for DAILY cross down on stoch.


3 DAY STRATEGY: Determine trend by looking at pair in comparison to 200 day MA. If pair is ABOVE 200 day MA, then BUY when the high from the previous 3 days has been breeched to the upside. Set a sell limit at 100 pips above this price for one contract and a sell stop at the low of the past 3 days. Each day move the stop loss up to the lowest low of the past 3 days.
If the pair is below the 200 day MA, SHORT when the low of the previous 3 days has been breeched to the downside. One the first contract, set a buy limit at 100 pips then set a buy stop at the highest high of the past 3 days. Move the buy stop down every day to the highest high in the past 3 days.