Wednesday, August 22, 2007

Indicator

Indicator

Here I will share with you one of the power indicator. You can try it.
I call it ''The Tlatomi Method'' tlatomi means ''to win money''

First you must make a setting:

SETUP
1 - 4 Hour chart (This system works best with GBP/USD, GBP/JPY)

2 - NonLagMa_v4
● Filter=20
● Color=1
● ColorBarBack=0

SHI_SilverTrendSig
● Allbars=0
● Otstup=30
● Per=9.0
● Don't forget to change the colors also (0=blue-1=red)

FX Sniper's Ergodic_CCI_Trigger
● pq=4
● pr=8
● ps=5
● trigger=4

Entry
Enter long when :
1 – a blue dot appears
2 – the ergodic CCI crosses up the trigger line ( blue line crosses up the red one )
3 – NonLagMa color changes to yellow

Enter short when :
1 – a red dot appears
2 – the ergodic CCI crosses down the trigger line ( red line crosses down the blue one )
3 – NonLagMa color changes to yellow


Exit
Exit when a new dot appears (red if you are long and blue if you are short). This method gives you
mecanicals trades. Don't hesitate to transform them into a discretionnay trade after because you can see
things that the system can't. Sometimes, it will be the difference between a 30 pips trade and a 300 pips
trade. Once you move your stop to breakeven and add a trailing stop – you can't wait alittle more time
to see what the market wants to give you.

Stop
In general, I look for previous daily Resistance-Support but I don't have only one method for my stops.
You can also looks for the high or low of the previous bar.

Remarks

Price enter :
The price enter is the open price of the candle or bars where the NonLagMa is yellow.

Ergodic_CCI :
The signal is stronger when the FX Sniper's Ergodic_CCI_Trigge is above 300 or under -300.

NonLagMa :
''The non-lag MA does turn yellow/non yellow while the current candle/bar is still forming ... so i
wouldn't enter a trade until the end of the current candle confirms that the yellow section doesn't switch
back to a non signal. So remember wait till the candle is fully formed until entering a potential
trade!!!!'' Matrung (FF member).
What's matrung says is right but it's depend if you are agressive or conservative ! If you are agressive,
you can go when the non lag show for the first time a yellow line but if you are more conservative, like
matrung said, wait for the candle to be fully formed.
To be more conservative means less profit but also more safety.

The order :
I don't take a trade when the cross happens before the dot or when the cross happens after the nonlag.
So, i wait for a dot then for the cross and then for the nonlag.
It doesn't matter if the cross and the nonlag happen at the same time but like i said earlier, the cross
should never happen after the nonlag.

Sunday, August 12, 2007

E-Gold2

We continue discuss about E-Gold again:

E-gold was established in 1996. It is an electronic currency which is backed ounce for ounce by actual gold bullion. It is not connected to the banking system in any way. E-gold.com themselves cannot convert cash into gold or visa versa. Instead there and dozens of independent exchange services who will change your cash into gold or your gold into cash. We refer to these services as gold brokers.

E-Gold Advantages:
Anyone can open a free e-gold account with no restrictions (Geographic, age, status etc.).
You can have more than one e-gold account.
It takes 5 minutes to open your account and another 5 minutes to set up a single item shopping cart.

Open an e-Gold account here:


www.epay2gold.com

You can fund your account with a credit card, debit card, bank wire, bank draft, cash, electronic banking, Western Union, etc. etc. - the options are growing all the time.

Transferring money from account to account is easy, secure and almost instant.

To all intents and purposes an e-gold account is an instant offshore account.

There is no such thing as a chargeback - once money has been transferred to your account that's it.

Spending e-gold is free. Vendor transaction fees are very very low compared to credit card fees. It is only 1% subject to a maximum of 50 cents (USD) per transaction. There is an annual Agio fee of 1% on your average monthly balance. This is deducted in monthly installments.

Overall it is a great way to anonymously pass money from one individual to another individual / organisation.

Redeeming your e-gold is easy. You just get a cheque (check) posted to whatever name you want at whatever address you want. Have it transferred straight in to your UK account at no cost. You can also cash in your e-gold with various anonymous ATM cards.

E-Gold Disadvantages:

The only drawback with e-gold is that funding your e-gold account not instant. The first time you fund your account with a credit card there will be a delay while your card is verified. This could be anything from a few hours to a day and might only involve a phone call to you. The next time will be much quicker as your credit card would be verified.

Only some gold brokers will accept personal cheques (checks) and credit cards.
The fee charged for using a credit card can seem to be quite high. Goldex charge 10% which is the best rate we have found. The discount offered by some vendors for using e-gold usually cover the charge.

Funding your account anonymously can take anything from a day to 2 weeks depending on the method you use. Just go to any bank and hand over your cash. You can then have it wired to your gold broker or post a bank draft to them. This is also the cheapest way to fund your account


Open an E-gold account here:

www.epay2gold.com

E-Currency

Do you know what it is E-Currency ?

Before you make trading in FOREX please do some homeworks to search what is E- Currency, but here i just give you a litter info about E-Currency.

When referring to e-currency, most people immediately think of the FOREX market. The truth is there is a new form of currency trading that is sweeping across the internet and making millions of people wealthy. What is this new wave of e-currency trading that’s hitting the internet you might ask? It’s called the e-currency exchange program. Electronic currencies such as INTgold, Netpay and E-gold are traded daily. You can also found more e-currency like Goldmoney,
E-bullion,
Stormpay,
Moneybookers,
Vitual golad,
E-dinar,
Pecenix,
Paypal,
Wesmoney
and Evocash.

But the famous one is E-Gold.

If you want to open E-Gold account, please create here, it is FREE

www.epay2gold.com

You see how they talk about E-Gold:

Senator Warren Rudman
"In a few short years, the government will have to spend more to make its interest payments than it will collect in taxes, and in that year America will enter an age of financial disaster that will dwarf the GREAT DEPRESSION."

Alan Greenspan
"Deficit spending is simply a scheme for the hidden confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights."

Benjamin Franklin
"The colonies would have gladly born a little tax on tea, & other matters, had it not been that the Bank of England took away from the colonies their money."

Daniel Webster
(The American Revolution was fought over the issue of money. The paper money issued back then was called "COLONIAL SCRIPT"). "Of all the contrivances devised for cheating mankind financially, none has been more effective than that which deludes him with paper money."

ARTICLE 1, SECTION 10 of the American Constitution
"No state shall make anything but GOLD & SILVER coin a tender in payment of debts."

Coin - Title 12, U.S. Code, Section 152
"The terms 'lawful money' or 'lawful money of the U.S.' shall be construed to mean GOLD or SILVER COIN of the U.S."

Coinage Act of 1792
Congress fixed the dollar as a specific weight of silver and gold in the form of coin. THIS MEANS. . . If there is no SILVER or GOLD; then there is no dollar!

A Dollar
is a unit of measure, just like an inch, a quart or a mile. This unit of measure can't replace or become the "THING" for which it is the measure. George Orwell (1984) called this the "double think." Money has become just that!

Roger Sherman
Author of the gold & silver coin provision of the Constitution, wrote a scathing condemnation of paper money entitled, "A CAVEAT AGAINST INJUSTICE" (caveat means warning) in which he stated: "If what is used as a Medium of Exchange is fluctuating in its Value, it is no better than unjust Weights & Measures, both which are condemned by the LAWS of GOD & MAN."

This is why the Framers of the Constitution stipulated a monetary system of Gold and Silver as stated in ARTICLE 1, SECTIONS 8 and 10 of our Constitution: "Congress shall have power to coin money and regulate the value thereof ... No State shall make any THING in Payment of Debts."

Congressman Charles Lindbergh, Sr.
Father of the famed aviator, told Congress after the vote on The Federal Reserve Act, "When the President signs this act, the invisible government by the money power will be legalized." As a result of this Act, the American people lost control over our money system.


To open a free e-gold account -- no cost, no obligation,
please create here


www.epay2gold.com

Wednesday, August 8, 2007

FORex Basic


Well, FOREX isn't really mysterious anymore thanks to the opening up of the market in the last 10 years to private speculators like you and me rather than it being the solely the preserve of major banks and corporations.

Also known as currency trading, FOREX or (Foreign Exchange) trading means speculating on the short or long term movement of a given currency pair. If you have a currency pair such as the British Pound paired against the US Dollar (in short hand GBP/USD). If the pair is currently trading at a value of 1.8025 this means that there are currently 1.8025 US dollars to the British Pound and is the exact value of the current exchange rate.

During an average trading day this value will fluctuate between around 70 and 200 pips. "What on earth are pips?" you may ask, these are simply the number of lowest digit moves (or ticks). For example GBP/USD could start the day at 1.8025 and fall right back to 1.7850 thus losing 175 pips over the day.

When you trade pairs through a FOREX broker you either trade in what are called mini lots which equate to 1 unit of your chosen currency (as I trade in the UK that would be £1 per pip), or you can trade in full lots which equate to 10 units of your chosen currency (e.g. £10 in my case). If you live in the UK then you can trade through a spread betting company (where spreads tend to be wider which makes intraday trading trickier), though all your "winnings" will be tax free as spread betting is considered as gambling for tax purposes.

As you can see, if you manage to call the next major move that the currency is going to make, then with a single mini lot trading just the GBP/USD pair you could earn up to £175 on this example trading day, or with a full lot you can earn up to £1,750 per day. Now, what if you trade several lots rather than just one or trade several currency pairs rather than just GBP/USD ? As you can see - there is really BIG money to be made in FOREX.

If you could always call the market right and the currency always moved plenty of pips in the same direction, then it really would be "money for old rope". Unfortunately, the market may sometimes move in a 70 pip range and then it doesn't go straight from the lowest value to the highest or vice-versa, but tends to waver around all day up a bit, down a bit and so on. This is where you need to hone your skills in technical analysis to ensure that you have an "edge" on someone who is purely gambling on the currency pair price direction at a given time.

When people say that the foreign exchange market is the most liquid of all markets it's true - did you realise that approximately $1.9 trillion worth of currencies are traded every day on the Forex markets ? This liquidity means that markets are more inclined to conform to standard techincal analysis techniques than individual stocks and shares or indicies. These technical analysis techniques include that age old favourite of the floor traders on the commodities markets - pivot points.

FOREX is not a dangerous market to dabble with as those stock market veterans may tell you with a look of terror in their eyes - it is actually the safest and most predictable market to trade in ! Perhaps these reservations stem from 20 years ago when you needed an account with at least $500,000 to even be considered as worthy to enter the FOREX market. Today you can trade the spot FOREX markets through a FOREX broker and trade mini lots as you start for £1 or whatever a pip or you can trade a spread bet with the same amount.

The best traders aim for around 40 pips on average a day consistently - by this I mean every day, or at least when they average their trades over the year they will be looking at 40 pips per day. When you get to this stage and can consistently take 40 pips from the market, by trading just one full lot at a time you can be raking in £8,000 per month - not bad money for watching a computer screen at home! Anyone prepared to play with larger stakes can seriously clean up - some traders have started with $10,000 and in two years have transformed that initial account into several million dollars.

Unfortunately, it's not that simple to become a consistent 40 pips a day trader, there are many hurdles to overcome: you need general FOREX knowledge first (how to select a broker, place trades etc.), then you need the technical analysis knowledge, then you need to practice (prefereably on a demo account so you don't lose any money), then you need to start trading for real and that's where the real fun starts - all the emotional problems kick in such as greed, fear, over-confidence etc.

The purpose of this website is to arm you with all the tools necessary to become a top FOREX trader. The path is long and hard though the rewards can be very substantial making the slog well worth your while.

All I ask for providing all this priceless information for free is that you visit some of the brokers and experts links as this will help to pay for the upkeep of the site.

CLASS FOREX


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