Tuesday, February 26, 2008

Taiji Trader Trading System


Taiji Trader Trading System
MSCI Taiwan Futures Index Analysis 2/27/2008
close: 325.2

The current trend is up and all orders on the long side may be considered. Market activity analysis suggests that short trades have a lower probabilty of success.
If already holding long positions, we would look to partial profits on any retracement to 298.4, Traders with remaining long positions after profit taking should consider placing exit stops in the region of 294.7. Be prepared for a potential short term price fall back to the 313.7485 area.


This review is not a recommendation to buy or sell, but rather a guideline to interpreting the specified analysis methods. Past performance is not indicative of future results. There is a substantial risk of loss in futures trading. Futures trading involves a high degree of leverage, which allows for large returns, but also large losses. Due to the high degree of risk you should carefully consider whether commodity trading is appropriate for you. This information should only be used by investors who are aware of the risk inherent in futures trading. Taiji Trader accepts no liability whatsoever for any loss arising from any use of this review or its contents.

Monday, February 25, 2008

Review of SPOT GOLD 2/21/2008



TaiJi Trader Trend Analysis
Review of SPOT GOLD 2/21/2008
• Open
• High 953.6000
• Low 937.5000
• Close 944.5000

MACD

A MACD Buy signal was generated today.

Stop and Reverse (SAR)

There were no SAR signals generated today. The last signal was a Buy 2 period(s) Ago.

Summary

The current market condition for SPOT GOLD is:

Very Bullish

The close is currently Above it's 200 period moving average.
The close is currently Above it's 90 period moving average.
The close is currently Above it's 30 period moving average.

With strong confirmation from the short term trend and a current Buy signal. There is additional confirmation from one or more Buy signals within the last 10 periods. Refer to the Indicator Analysis table above for details.

This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. The information contained herein is believed to be reliable but the accuracy or completeness is not guaranteed. This information should only be used by investors who are aware of the risk inherent in securities or derivatives trading. TaiJi Trader accepts no liability whatsoever for any loss arising from any use of this expert or its contents.

Factors Affecting Currency Movements

A good traders knows and understands some of the important fundamental factors that affects currency movements:

1)Economic Growth
Currency traders assess the economic growth of a country by looking at some important figures: unemployment, trade, and GDP data....

2) Change in Interest Rates
Money follows interest rates! If interest rates go up, money will flow into the country from all over the world as traders seek to capitalize higher returns. To determine whether interest rates will rise or fall, traders pay attention to economic inflation indicators as well as speeches by central bankers.

3) Political Stability
Election turmoil, changes of government, high unemployment and international conflict all make traders will be cautious, ready and will watch closely for major news development that comes out of the country. They are ready to take positon that are favourable.

Happy Trading!