By Ian Armstrong

Technical analysis is price movement study. You can track the history of price movement by using price charts and try to work out which way the prices are likely to go in the future.

Online Forex brokers will give you a variety of different tools which you can use in technical analysis. Here are some of the most common ones:

Bollinger Brands

These are used to measure the volatility of the market. They comprise 3 lines:

1. A moving average in the center.

2. A lower band which shows the moving average minus 2 standard deviations.

3. An upper band which shows the moving average plus 2 standard deviations.

When the volatility of the market is low, the bands will come further together. When the volatility of the market is high, the bands will spread further apart.

The Bollinger Bounce

The middle band usually stays between the outer bands. The outer bands can be compared to border control. When the middle band gets too close, it is bounced back towards the middle. This is why it is called the Bollinger Bounce. It is helpful to be aware of this because if you see the middle band getting close to an outer band, it will probably bounce away.

This strategy works the best when there are no clear trends and prices seem to be fluctuating.

A good strategy to use to spot an early trend is called the Bollinger Squeeze. This is when the bands squeeze closely together and can often mean that a breakout is imminent. If the middle band breaks through either the lower band or the upper one, this means that the trend is likely to continue to go in that direction.

Parabolic SAR (Stop and Reversal)

This indicator is used to identify trend reversals. It is an easy indicator to read. Dots appear on the chart in positions either below or above the candles (the formula used to work out where the dogs must go is rather complicated).

Dots below the candles are an indication to buy and dots above the candles are an indication to sell.

Parabolic SAR does not work well when price movement is small but it does work well when there are clear trends, either in an upward or downward direction.

Stochastics

Stochastics has a scale from 0 to 100. It is an indicator used to measure oversold and overbought conditions in the market. When the lines are over 80, that means the market is overbought. If this happens, a downward trend might form. When the lines are below 20, this means the market is oversold and an upward trend might form.

Stochastics can be useful in working out when to issue sell or buy orders and when to lock in profits. You should never use just one indicator. It is better to combine several of them and adjust these to your own trading strategy.

About The Author

Ian Armstrong is an avid Forex enthusiast.

Ian recommends Avi Frister’’s “Forex Trading Machine”, which has been successfully tested and uses only price and time as trading indicators. Full details at http://www.forexshortcuts.com/sys-forex-trading-machine.php

By rahul gupta

Forex Trading involves buying one currency in a currency pair, by selling the other. So if one is trading in EUR/USD, the trade may involve buying EUR by selling USD at the current market rate or vice-versa. Similarly buying EUR in EUR/GBP would require GBP to be sold.

Unlike options or stocks which have lots of companies that can be traded on, the forex market has got limited currency combinations which can be used to place the trades.

Despite this, often people wonder which currency pairs should be chosen for trading? Should it be USD based or should it be the one that is heavily volatile or should it be some other?

Lets look at few parameters which can be used to decide -

1. What is the pip spread involved - The biggest factor to be considered is the spread between the currencies. In layman’’s terms, Spread is a difference between the sell price and the ask price of forex currency pairs as given by the forex broker. In other words, it is a commission of the broker or agent through which the trades are made. The lower the spread, the better it is for the forex trader. The lowest spread I have seen is in EUR/USD, which has the average spread is 2 pips to 3 pips. Typically a spread of upto 5-6 pips is good enough to trade.

2. What is the liquidity? - The more the liquidity, that means the higher is the amount of money being traded on that currency pair. So, this eventually means that that particular currency pair moves a lot in a the trading sessions. Its better to trade on such from a day trading perspective as the trades don”t need to be kept open for a longer time. I have seen that the GBP/USD is heavily liquidated. On average it moves about 100-150 pips everyday. This is followed by EUR/USD and USD/CHF.

3. How does the currency pair behaves? - Does it move technically or is it primarily fundamental driven? The one that is primarily fundamental driven doesn”t has much regard for technical analysis. I have seen JPY (Yen) as one such currency which is heavily fundamental analysis driven.

So, these are the some factors that can be used in identifying the currency pairs to be traded on. Though these factors are not an exhaustive list, they can be used as minimum basic rules. The pip spread is one important criteria. The lower, the better it is. However the currency pair should also be sufficiently liquidated as this means that there will be significant pips movement during a trading day.

About The Author

If you want to increase profitibility in forex trading, get my free forex report that contains some important rules on trading forex that can make huge difference. Get my free forex trading ebook at http://www.forexsuccessformula.com/forex_ebook_optin.html

By James Woolley

Forex trading has become big business these days with many people being lured to this profession by the potential riches you can make if successful. Many people who have become successful forex traders have usually gone through a steep learning curve over several years, but there are ways in which you can learn how to become a profitable trader a lot quicker.

The first way is to look for profitable forex signal providers. This appears to be very easy because there are so many services online that claim to be making their subscribers vast profits every month, however most of them are nowhere near as profitable as they claim. You should be looking out for forex signal companies where the signals are both profitable in the long run and created by an experience forex trader who actually trades their own signals with real money.

This way by following the signals of a top trader you can not only make some money from following their signals, but you can also learn about the methods and tactics used to consistently make profits from forex trading. In addition with many good forex signal providers there will also be a live chat room where you can interact with both the signal provider and the other subscribers, many of whom will be decent traders themselves, so you can pick up plenty of helpful tips and advice.

The second shortcut to becoming a successful forex trader is through using an existing tried and tested system. So rather than spending months or even years trying to construct your own profitable system, why not just use a profitable system used by other traders?

This saves a lot of time and effort and is not that hard to do. Simply visit some of the top forex forums and you will find many top traders who are prepared to share their system with the other members of the forum. After all it makes no difference to their profits how many other people trade their system so why keep it a secret?

Finally if you really want to be a top trader, your best bet is to find someone who has been making money from trading for several years and get them to mentor or coach you. It may come at a cost, but will be well worth it. If you don”t know any successful traders in real-life, then just go to some of the top trading forums and get in touch with some of the most respected traders and ask them if you can pay for one-on-one coaching.

You don”t necessarily have to spend years learning about the markets. Simply do some searching online, find the most successful traders, and find a way of emulating them or their systems yourself. Even if it costs money to do so, the profits you will make from forex trading could well exceed any costs you may incur in the process.

About The Author

Click on the following link to read a review of Zulu Trade, the revolutionary forex signals service:

http://theforexarticles.com/zulutrade-review

By Bart Icles

If you have heard of forex and trading the foreign exchange market, you might be interested in pursuing this type of career. Trading the forex can be very risky without the proper education and training. Before you begin, it is important to learn all that you can about the art of trading and to practice with a demo account and fake money. This will help you get ready for the real things, when the time comes for you to start using your own money.

If you didn”t know, the forex market is the largest financial market in the entire world. The market is open 24 hours a day and operates seven days a week. This makes the fore market the most liquid market in the world.

The forex market is much different from other financial markets simply because of how liquid the currency is. Also, because the market is open 24 hours a day, trading does not take place in one location, it happens all over the world. Trading starts in Sydney, Australia and ends in New York. Because of this, you can trade the market whenever and wherever you wish, regardless of what time it is.

In the past, forex trading was only available to the largest financial institutions. It was also offered to large, multi-national corporations and established currency dealers. For the most part, this existed because of the strict financial requirements imposed by the market. Because of this single individuals and small businesses were not able to participate.

In the late 1990′’s this changed for everyone. For the very first time, the forex market became open to both individuals and small companies. This happened because of advances in communication and technology. High-speed internet access is one of the biggest reason this became available to everyone. Because of this, trading the forex financial market is one of the best ways to make money from the comfort of your own home.

You should understand that the forex market is like no other. It is very important for you, as a beginner, to have the proper knowledge on how to trade in this market. There are thousands of courses out there on the internet today that teach you about the subject and help you develop a trading strategy. There are also numerous sites that allow you to open a demo account and practice before you start putting your hard earned money into play. If you do these things, you will be ok and see success in the forex market.

About The Author

Bart Icles is an expert Forex trader. He has developed a strong Forex trading strategy that he uses to successful trade the forex market on a regular basis. Visit http://www.forexstrategysecrets.com for more information today.

By Mo Christiensen

One of the most common questions asked by struggling traders is “where am I going wrong?”. There can often appear to be such a mind boggling array of variables in trading, that it seems impossible to unravel the primary issues.

When you strip away your emotions on the subject and look at your situation with cold hard analysis, there are really only two main variables:

1. Are you using a profitable trading system?

In other words is your trading method giving you entry and exit signals which if executed correctly lead to profit, in the balance of trades. Do you know your trading system’’s expectancy?

You would be amazed at how many traders can”t answer this question. For many traders in their first few years of trading, the market has such an aura of mystery about it, and there are so many details in terms of charting, order entry, brokers etc. that they forget to ask the most obvious of questions. Don”t be one of these traders! Don”t be willing to go out and risk your hard earned money on hope. You wouldn”t drive your car somewhere unless you had a reasonable certainty that it was going to get you where you wanted to go. You wouldn”t eat food unless you were reasonably certain that it wouldn”t make you sick. So why trade without knowing what to expect from your trading system?

If you want to gamble, surely it would be more fun to go and bet on a sports game? Despite what some may say, serious trading is not gambling. The profitable trader knows exactly what to expect from his system over time. He won”t be able to tell you if his next trade will be profitable, but over a week or month he should be able to tell you with reasonable accuracy his trading system’’s expectancy.

So test your system, either using the back testing functionality of your charting package, or by paper trading it over an extended period. Knowing the expectancy of your trading system is your foundation, without it you have NOTHING! Really, NOTHING! Without knowing your trading method’’s expectancy you are building a house on sand.

This first step is really a gate keeper. If your trading method is not profitable there is no point in going any further.

2. Execution

Once you know for certain that your trading method has is (or has the expectancy to be) profitable, the only other variable is executing it correctly. Yes, you may be saying “duh!”, that’’s really obvious. But when you boil your trading down to these two simple variables - when you know what to expect from your system - then you can place 100% undivided focus on mastering your ability to execute your trading system.

The mistake that many traders make is focusing on the wrong thing. Your job isn”t being the trading system! Its not to decide which trades look promising. That’’s the job of your system or method. You should have a set of rules which tell you this, which you follow. Unless you are incredibly experienced or have psychic powers, don”t do discretionary trading. Don”t get lost in price movement and make up the rules as you go along.

Your job, your only job, is to sit patiently and wait for your system or method to indicate that its time to enter - and then with great focus, you execute the trade as planned, and you get out again either at the predetermined profit targets, or when your stop loss gets triggered.

I know this seems really basic, but remember that 99% of traders fail because they either don”t have a profitable system, or because even with a profitable system they don”t follow it. Taking trades not indicated by the system, second guessing the system and not taking trades given, hesitating and getting in late, anticipating and getting in early - these are all commonplace. They all boil down to a lack of faith in the system, and not having a burning focus on accurate execution.

Where does mindset fit in here? Focus on staying focused - on execution. Make it a meditation. The more you develop the ability to step back from price movement and watch the market dispassionately - waiting for a signal to trade, the easier it will be to master your emotions. The easier it will be to witness the fluctuations of your emotions without getting sucked in to them - and allowing them to throw you off your game.

About The Author

Mo Christiensen is one of the editors of the successful tradingadviceblog.com. The site specializes in high quality trading advice for new and struggling traders. See the original article in context at
http://tradingadviceblog.com/intro/losing-how-to-figure-out-where-you-are-going-wrong/

By Adam Nicoloff

Forex auto trading systems have become very popular for both beginners and intermediate traders. Many claim auto trading systems will produce better results than any sole human can achieve.

Let’’s address four key critical areas where a Forex auto trading system helps a trader to better profits.

1. Complex technical analysis is handled by software.

2. Human emotions are removed from the equation.

3. Can trade anytime.

4. One can back test, and forward test on a free account.

1. Technical analysis is used extensively for forex trading. There are a vast number of indicators, many of them involving complex mathematical calculations. More importantly a good system never relies on a single technical indicator but involves several and how they relate to one another. A good Forex trading system uses a computer to analyze these different technical indicators and issue buy and sell signals based on probability of past correlation of these indicators. This is critical as experienced traders often spend hundreds of hours and thousands of dollars learning different technical indicators and how they relate to one another. We all know computers are great at number crunching and detecting patterns. A good Forex auto trading system uses this huge advantage to benefit the trader.

2. Any experienced trader will tell you the biggest obstacle any trader will have regards successful trading is their emotions. A good trader must master their emotions and this can take several years. An automated system removes the element of emotions, all one does is let the system do the trades. Fear has prevented many traders from entering a position when the technical indicators are positive. More importantly greed has often turned huge gains into losses, just ask any trader. I can”t stress enough that human emotions are a Forex trader’’s worst enemy. When you have a trading system that you know works over time you just let it run its course.

3. Forex trading occurs around the clock Monday to Friday. There are systems that run on autopilot, they attach to your trading software and execute trades without your intervention. Institutions, banks, and large broker houses have done this for years. The main reason are for the two items listed above. Now, consider if you live in New York and you are trading the US/EURO. A very active timeframe for trading is during the European business hours, that would be 1AM to 4AM your time. So why not sleep and let an automated forex trading system do the trades for you. And let’’s not forget when the Japanese traders are active during their normal business hours.

4. I mentioned being able to do back testing and forward free testing on a forex trading system. If I am to purchase a trading system I want to be able to do a risk-free test of the system. Some systems will give you the exact details of their signals and you can then actually go back in time to the charts and see how effective they were. Also many forex trading systems will provide you with historical records, but keep in mind there are other factors involved and you may be observing ideal situations. As almost every forex broker will provide a demo account you can actually test a system for free using a demo account. This is a MUST. I would never test a trading system with real money.

Forex trading, and Forex trading systems are becoming very popular today mainly because you no longer need $100,000 to open account, in fact you can open account with some brokers with with as little as $100. Also in the past the systems have been cost prohibitive so only large institutions used them. Forex has always offered huge leverage like 200:1 and for this reason has been very popular. You are hearing more about it today because almost anyone can get started for the very little money.

About The Author

Want to learn how to truly take care of your family?

http://www.squidoo.com/bestforexsoftwaretrading

By Geoff Morris

How many times have you tried - and failed - to make yourself even a small second income on the Internet, even though you had invested time and money like it was going out of fashion?

Is it that you aren”t that fussed about getting financial independence, or are you really seething inside as you feel you have been ripped off yet again with some useless overpriced junk, or a product that comes from such a crowded market, where you don”t stand a chance of succeeding in?

Internet marketing products are typical - unless you already have a reputation (like I have) as a successful internet marketer, you are wasting your time trying to promote a product that you yourself are not an expert in.

So, what do you do? No point writing an eBook on your favorite topic, as you don”t know how to promote it well enough on the web to make any decent sized income.

Well, I am now going to offer you a totally off-the-wall idea that you may never in your wildest dreams considered…

How would you like to get involved in a market so vast, companies like Mercedes are involved, and actually make more profit here than they do in selling cars… and it is an area that you can get involved in with NO CAPITAL OUTLAY at all while you learn your way around!

When I say vast - I mean VAST! How does $1.7 Trillion every day strike you!

The opportunity that I am going to introduce you to is the lucrative FOREX market (Foreign Exchange), and before you shrug your shoulders, don”t forget, every time you go on a holiday overseas, you have probably unwittingly traded the Forex market while you bought your spending money in the currency of your target country.

You will have to do a little work, and do a bit of home study on Forex techniques, but the end results should be a great deal more profitable than taking pot luck on some other crowded internet marketing opportunity, or an oversold network marketing opportunity.

Before you dismiss this opportunity out of hand (I felt the same way some month ago, before I got started) do some research on the internet and you will be amazed at how many places there are where you can get help and free training in this topic, and even get a virtual trading account around $100,000.

Many people out there will gladly hold your hand and teach you how to make money on Forex at home.

If possible, look for a group that either hold local trading sessions near you or do on-line conference calls for tips and tips on trading.

If you can”t be bothered to learn, there are Forex Funds that will gladly take your money (be careful they are properly approved) and generate for you virtually guaranteed returns of 10% per month or more (while they probably make 30 - 40% - who cares?)

After all, if you have a spare $10,000 or more, to get a regular income of around $1,000 per month then that wouldn”t be at all bad - especially for no work - just a little bit of ‘’sweat” capital.

Sign up with one of these organizations, start to play with your pretend money, and then feel the thrills as you start to trade with real money, and see the rewards start to build.

Yes, you will lose from time to time, but with careful money management ( which you can easily learn), and fight off the desire to be too greedy, you too could be joining the ranks of the one hour a day work-at-home person, totally free from the ”Day Job”. `

About The Author

Geoff Morris is an Internet Marketing Entrepreneur. His latest venture has been to set up a private Forex Trading Group in London. For a fre.e report on an introduction to Forex Trading, including details of his Forex training in London please click here. http://forexmastergroup.com

By Terry Leslie

If you ask people why they go to work every day, most people will tell you that they need the money. So what happens when you find someone who goes to work and doesn”t make any money? Do you feel that you could go to work without bringing home the proverbial bacon? Could you do it every day for a week? What about a month? While it is very rare that a trader, even a new trader, would go to work every day and make absolutely no money every day for a month, it has been known to happen from time to time. While we are all in this deal to make a profit and come home with a healthy or substantial paycheck, are you emotionally equipped to handle those periods where there just isn”t any money flowing in your direction?

This is a serious consideration for some people, and really it should be seriously considered before deciding to go into trading. Adhering to self induced pressure of monetary performance isn”t going to bring you any more money. In fact, adhering to such pressure is likely to cost you more money.

If you decide to get yourself worked up on a daily basis as you slowly watch your account balance dwindling, you aren”t going to be making level headed, concisely thought out trades. You are going to end up using your emotionality to try to make something happen in the eleventh hour. When you end up without profit, or behind the eight ball, are you prepared to continue as though you have been drawing in huge profits? This can be a difficult place for many people, and learning how to handle periods of time without profit during the early years can be a great struggle.

The truth is, most traders who have done their homework, put in their learning time, and are emotionally ready to handle whatever comes their way make a profit most months. Sometimes these profits are enough to cover the months that there wasn”t anything to bring home and sometimes not, but most months the profits come in. Where the mistakes are almost always made during the formative period is when those profits decide not ot show up for a week or two. Then what?

Trading from a fearful position that pushes you to make trades that aren”t necessarily well thought out or are horribly risky isn”t part of any sound trading plan. Any new trader has to be willing to take his or her financial lumps and bumps if they are going to keep rising to the top. If you allow the emotional stress of not feeling as though you are “earning” a living then the trading mistakes that will hurt you on a large scale are just around the corner.

Creative thinking, freedom of thought and experimentation, and faith in one’’s abilities to bring home what’’s necessary are all part of facing the trading world on days where the word profit seems like a joke. In order to maintain the mindset that will help propel you toward a better trading day you need to look at the big picture and move toward those goals and remember that daily goals might not always be reflected upon the day’’s close.

Ask yourself honestly if you are prepared to handle this before entering the room. Because if you aren”t then you are heading toward a seriously uncomfortable time while you push yourself toward failure, and you won”t last in the world of day trading. Of course, maybe this is the perfect time for you to dig deep, handle some of those fears, and push forth with amazing grace.

About The Author

If you would like to immensely improve your trading and investing results, check out http://www.Secrets2Trading.com.
AND you will receive a limited FREE copy of the amazing book “Trading In The Zone” which is packed with trading ideas to instantly improve your trading and investing performance.

By Konrad Braun

Forex otherwise known as Foreign Exchange Market is an international currency market where money is being sold and bought. The person putting the money INTO the Forex (the investor) has one main objective and that is to profit from foreign currency movements. In a way I guess its sort of like an investment or better categorized as “stocks” since your trading, buying and selling. Personally I think this stuff is really incredible but it really confuses me. This is where Forex Brokers come in. A Forex Broker by definition is a person or company (firm) that acts as a middle-man in the financial markets. There are two types of brokers, Market Makers and ECNs.

A Market Maker is a middle-man between the interbank and the user. The Market Maker charges commission to its clients in the form of spread or direct commissions to provide them access to trade-able prices in the currency market.

A ECN means Electronic Currency Network. A ECN directs a client through the interbank market.

Hiring on a broker sounds like it would be a good idea if you were new to this game or wanted someone to make all the moves for you. The thing you don”t want to do, is just pick ANY broker. With anything else online involving or not involving money there are always those certain sites or people that are scammers. I know I sound like a broken record when I say this, but RESEARCH everything. Every person, every company, every review. Check it all out. Even if it takes you months to check everything out, wouldn”t you rather be safe than to lose hundreds of thousands if not millions of dollars of your hard earned money? The answer should be, yes you would rather be safe.

If theres anything I learned from working online is there IS money to be made online. Sometimes it comes easy, sometimes it does not. In a sense a Forex broker is a teacher. They might not teach you everything as they go but you will ultimately learn things you didn”t know before. I”m sure there is a way to go about this with out the middle-man aka the Forex broker but with other things involving property, or money, I”m not too sure I would like to handle something like this on my own. An even better reason to hire a broker is this person or firm will be working as hard as they can to make YOU money. After all when you make money they make money.

According to FXStreet, a really amazing website for investors, there are a few things your going to want to look at before hiring or choosing a broker. Here are some of the ones listed on the site:

1- Is the broker or dealer regulated. If so, which country?
2- Is the company a broker or a dealer?
3- How reliable is the brokers trading platform?
4- What are the costs?
5- What are the dealing boundaries?
6- Is the platform, user-friendly?
7- Is the broker offering any extra value services?
8- How helpful is the customer support (I base this as #1 on ANY site I belong to)
9- Ask about their margin and leverage policies

All this and more can be found on FxStreet. If I had to pick my top 10 investor websites, this would be in my top five. Lots of really helpful, honest information up for grabs. Check them out online. Heres a few other investor/Forex sites you could check into:

Forex - *This is the official forex website.
FxClub
Investools
ShareBuilder
BusinessWeek
Etrade

Of course theres many other sites out there, but from what Ive read those are a few of the greatest ones. So remember, if your looking to invest online or get involved with the Forex industry always research before doing anything, make sure you pay attention to the guidelines of the brokerage company, and always ask questions. And if you make a billion, send me some too! Good luck…

About The Author

This author is the proud owner of http://www.forexebookstore.com.

By Mo Christiensen

First things first - this is not some revolutionary new method. Its in fact a very simple trading methodology based on a few time honored principles and indicators. The core of this method owes its origin to the work of Walter Bressert and is based on Walter Bressert’’s cycle indicators.

Principle 1

The trend is your friend - you”ve heard it a million times before and guess what - its true. This method only trades in the direction of the trend. Furthermore it only trades when the trend of both the short and medium term time frames are in the same direction (more on this later). Why? Because we want to pinpoint entries which move quickly in the direction of profitability. Entries in the direction of the trend can be precise. Counter trend trades are often sloppy and very difficult to time.

Principle 2

Time is as important as price - what does this mean? The large proportion of traders absorb themselves in following price action, looking for a set up which matches what they see. While this may work for traders that have learnt phenomenal levels of focus, detachment and self discipline, for the developing trader this way of trading often leads to hallucinations (seeing things that aren”t there), overtrading and getting caught in the chop. When we follow the principle that time is as important as price, we shift the emphasis of our focus. We place our focus on timing a trade setup, watching for the entry to set up using our timing indicators (cycles) and only when we see that the time is right do we look for price confirmation and a precise entry point.

The effect of this is:

1) We stay fresh because we can relax our focus when our timing indicators show that the time is not right.

2) We can avoid getting caught in the chop and all the frustration (and loss!) that doing so entails

3) We focus all our energy and concentration on effectively executing the signals that have the highest probability for success.

Principle 3

Use multiple time frames. In this method we trade on multiple time frames simultaneously. We use a short term chart (3 or 5 minute) and we use a medium term chart (13 or 20 minute). We only enter trades when those two charts are confirming each other (ie. That their trend and cycle direction are the same). We also use a longer term chart (60 or 102 minutes) to keep an eye on the bigger picture and we use a very short term (1minute) to effect our entries.

If the short term trend or cycle is up and the medium term trend or cycle is down, what is going to happen? They will fight each other and this manifests as chop. What happens in chop? It’’s very hard to time a precise entry, which is what we are all about.

What happens when the short and medium term trends/cycles are in the same direction? They support each other, they strengthen each other and this leads to decisive price movement.

The key here is to understand this: price moves up and down all day. We are going to let a lot of it pass us by - we don”t care. Why? Because what we are interested is pinpointing precise entries that will immediately move in our direction and give us a profit. You may see price moving strongly in one direction while you are on the sidelines, and you may say “damn, why aren”t I getting a piece of that?”. The question is could you have timed the entry or would you have placed 2 or 3 losing trades trying to get in, exhausting and frustrating yourself in the process? We are looking for ease, stress free entries that have a high probability of success.

About The Author

Mo Christiensen is one of the editors of the successful tradingadviceblog.com. The site specializes in high quality trading advice for new and struggling traders. See the original article in context at
http://tradingadviceblog.com/trading_methods/profitable-cycle-trading-method-part-i/