130+ Pip Winner Trading the Ichimoku Cloud – FOREX -GBPH4

October 14, 2011 by  
Filed under Forex review, Forex Trading, Videos

Automated forex trading system based on the Ichimoku indicator. Expert advisor robot trader built for metatrader MT4. Ichimoku meaning in Japanese as ” one look” was created by  Japanese newspaper writer Goichi Hosada.

Unlike statisticians or mathematicians in the industry this was a work of person who used his expertise and few assistants and created  technical indicator that is so robust and strong in today’s trading. There is  strong pipwinner system built around this type of trading and it compliments other trading systems in place. Take a look a the video here.

The Ichimoku indicator is used to measure short term time frame momentum along with areas of support and resistance as they occur in naturally. The standard Ichimoku is comprised of five lines:

Tenkan-Sen

—  This is a line made up by using high and lows for the 7 to 9 periods. This can be interpreted as short term moving averages.

Kijun-Sen

— This line is same as the above Tenkan-Sen  but it consists of longer time frames.  Many traders use cross overs of kijun and Tenkan as entry and exits points .

The Cloud

The cloud is made up of space between the Senkou Span A and Senkou Span B. Senkou Span A is calculated by subtracting : (Tenkan – Kijun)/2 and the Senkou Span B is calculated by (Highest High- Lowest Low)/2 over typically 52 periods.

The crossovers are used for entry and exits points.

Chikou Span

— Lastly the Chikou span is created by plotting recent price movement twenty six  periods behind the latest closing price.

Stock And Option Millionaire Psyche

August 24, 2010 by  
Filed under Option Trading

If you are like most of us, we have all lost our fair share of money in the stock markets using strategies written by so-called gurus and experts costing thousands of dollars. Have you ever wondered, how does these stock and options trading experts develop these strategies, prove its worthiness all over the internet and in books, made money with them, but when you use these stock or option trading strategies, its magic fades away and you started losing money. . . Going deep into the core of the problem revealed that there was nothing wrong with these stock or option trading strategies! I say again, nothing wrong with these strategies! What was wrong was that I found it difficult or if not impossible for many amateur traders to do many things EXACTLY the way these stock or option trading strategies demanded it! Have you ever held on longer then the stop loss policy allows? Have you ever let profits run when you are supposed to take profit? Haven’t these situations resulted in the loss of thousands of dollars and most importantly, a loss of trading confidence? Why does that happen? Well, the Holy Grail of trading systems and trading strategies is in fact a complete system completed by the investor himself! The psyche of the investor makes or breaks the trading system! Your character determines what kind of trading strategy works for you! With a strategy that compliments your character, you can truly find your personal Holy Grail of stock and option trading strategies and be on your way to becoming the next stock market millionaire! MASTER YOURSELF FIRST, THEN MASTER THE MARKET! There are 3 dominant trading characters which you belong to. Short term aggressive trader, mixed class trader and long term stability trader. By using the respective trading strategy for your character class, you will be able to attain better trading profits with much much less effort than before. I have developed a free online trader’s psychometric test to help you find out your dominant trading character. Please take the test now at http://psychometric. mastersoequity. com

Jason Ng is the founder and chief strategist of the Option O ‘Masters’ Equity Asset Management (http://www. MastersoEquity. Com.) Education Option For free trade, please visit http://www. OptionTradingPedia. com.