Additional Information

Why Time Forecasts Are Useful

Time forecasts are extremely useful because they indicate when reversals in trend are likely to occur. This invaluable information allows a trader to better position him/herself accordingly in order to maximize profits on position trades.

How to Interpret Time Forecasts

It is important to determine the nature of the trend that exists before the forecasted inflection point ("Reversal Day"). If the trend is up, then it's a good idea to start looking to close half of your long position and to put a trailing stop loss and reverse on the other half of your position. The opposite is true for short positions.

5 Tips To Improve Your Trading

1) Don't overleverage yourself. Anything higher than a 20:1 margin is considered extremely risky.

2) Use stop loss orders. Taking a small loss now is better than taking a big loss later.

3) Add to your winning positions not to your losing ones.

4) Do not rely exclusively on a single opinion or advisory service. In order for you to be a successful trader you must have the confidence to make your own decisions.

5) Trading paper money is the best way (and cheapest) for you to learn from your mistakes and to gain confidence in your trading. Most FX brokers provide demo accounts and we encourage everyone to take advantage of it.