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| TRENDSETTER'S FORECASTING METHODOLOGY |
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The foreign exchange market
is one of the largest and also most volatile markets in the
world with an average daily turnover of over US$ 1.5 trillion.
Price quotes fluctuate almost constantly
with dominant interbank traders who follow the dollar's movement
virtually tick by tick. Their job is to make price moves or
create volatility in order to benefit from these moves. That's
why dollar can rise one and a half yen (150 basis points) against
Japanese yen in a day and then fall two yen the next day without
any news or fundamental reason.
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 The
use of technical analysis, a method of studying price action
based primarily on price and the trading volume, is very useful
and can very often give reasonably good results in predicting
future price movement. The purpose of technical analysis is
to identify a trend in its early stage and to trade in the direction
of that trend. "The Trend Is Your Friend" advises
every speculator to follow just that.
Because of the size and volatility of the global Forex market, technical analysis is
widely considered a necessary tool when there are many willing buyers and sellers
at all times and no single large player (even a central bank) can have a long
lasting impact in this market.
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The "Dynamic
Trading Approach" that we use is the technical
analytical approach developed in-house by Wilson Leung and
our analysts throughout the years. It has been time-tested and
continually improved over time. It enables us to identify an
emerging trend very early, often capturing the highs and lows,
and helps our users trade with the new trend before others notice
it.
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Dynamic Trading Approach is
a synergic combination of:
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Trend analysis and pattern
recognition |
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Trend following indicators
and oscillators (includes Exponential Moving Averages,
Bollinger Bands, MACD, DMI, ADX, RSI & Stochastics). |
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Retracements and projections. |
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Elliott Wave Theory. |
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