If you are planning on raising and taking care of goats, you can’t just take care of one. Goats are considered to be “herd” animals. This means that you will need to have at least another goat. Goats do not thrive well if they don't have the company of other goats.
You will also need a pasture so that they can have room to roam around. Goats need to have plenty of space. In order for them to live comfortably, they will need to reside in a rural area, such as a farm.
Goats are normally not allowed to live within city limits. Usually the local governments frown upon allowing them to dwell in urban areas. Since they are considered to be agricultural, they will need to stay away.
You have to be committed to raising and taking care of the goats. They are like children and they need attention. You will also need to have a back-up in the event you have to temporarily go away. If you can’t find anyone, then you may not be able to raise and take care of the goats.
Goats will need to be treated by a veterinarian. They are prone to getting different diseases and illnesses. The goats will have to get vaccinations and preventative treatment to keep worms and parasites away.
If you need to find a veterinarian for your goats, you can check with the Caprine Veterinary Resources guide. This online guide will provide you with a listing of veterinarians in different states.
When you are purchasing goats to raise, get them from a breeder who has a good track record of taking care of them. You will want to talk to them to see how they have been taking care of the goats.
General Information About Raising Goats
You will have to put forth the effort if you want to raise goats. There is plenty that you will need to know before you take on the task of a whole new world. For most people, this is the first time raising goats and they don’t know what to do.
As mentioned earlier, you will need more than one goat. Having just one will not work because they are used to being around other goats. To keep them from roaming around, you will need a pen to hold them. Get a mesh fence that is about four feet. It will be high enough where the goat can get over the fence, nor will they get their head caught inside.
A buck is a male goat. There are three female goats (does) for one buck. Goats usually have no more than two kids every year. The kid is another name for a baby goat. There will be more female goats as the buck has relations with the female goats.
When a female goat is in heat, they will wag their tail and stay close to the buck if there is one nearby. The female goat makes more noise. During this time, they are not very hungry and they have a decreased production in milk.
The female goats are usually sexually active and fertile between September and March. They can be fertile up to three days. If the female goat has not mated with a buck by then, they will be fertile for three weeks. After they have mated, they can keep milk for no more than three years.
When a female goat is with child, their pregnancy (gestation) lasts about five months or 150 days.
Monday, December 21, 2009
Sunday, November 15, 2009
Thou Shall not Kill
Thou Shall not Kill
Everyone on the fishing trawler knew about the dangers of sharks. When they brought their nets in, they saw the big dangerous beasts in the water feeding off of what got loose form their catch. Oliver?s uncle Nemo often talked to him about the dangers before he agreed to let him work as cabin boy on the ship for a summer. Oliver was the only kid on the boat but the sailors liked him and he learned a lot about fishing from them.
The day the ship sank was like any other day. But everybody heard the explosion in the engine room and what it meant when the boat began to tilt because water was filling it from below. They had done drills on this often. Oliver was put in a small life raft boat first since he was the youngest. He held the rope that tied his raft to the ship hoping that soon his uncle and some of the men would join him. But suddenly there was a jolt as the sinking ship jerked in the water. The rope broke and Oliver?s raft began to drift.
He called out to the ship as the rest of the men got into boats and they were yelling back that they would catch up to him. It looked like everybody got off and would be safe but the waves took him further and further away until Oliver couldn?t see anyone any more. He was alone on the open sea in a tiny life raft.
Oliver knew to conserve his energies and he found the supplies and sun block to keep himself safe and healthy while he waited for rescue. That was when he saw the large fin in the water circling his raft. He knew what it was. The great white shark circled and circled as though thinking about what it was going to do. All of a sudden, there was a pop at the back of the inflatable raft. It had sprung a leak. At first, Oliver thought the shark had rammed him but then he saw the big fish several yards in front of the boat watching him so he knew it wasn?t the shark?s fault.
The boat filled with water and Oliver held on as long as he could. He knew his life vest could keep him afloat but he also knew that in the water, he would certainly become lunch for that big hungry shark. Finally, the boat collapsed and sank and Oliver floated in the sea watching the big fin not far from him. It slowly started moving toward him. About two yards away though, suddenly its head rose out of the water and Oliver could see its eyes and mouth.
?Don?t be afraid!? It suddenly said. Oliver gasped and sucked in seawater hearing the killer shark speak but before he could react, it went under and came up between his legs so Oliver naturally became a rider on the big sharks back.
In moments, he was gliding along the ocean surface riding the huge shark like a horse. The ride went on for a long time but soon Oliver made out a small island. The shark swam to the island very quickly and found a shallow cove where he delivered Oliver to dry land.
?Who are you?? Oliver said to the big fish as it turned circles in the cove.
?I am Feratu, the great white shark.? It answered rising up and then going back down when his answer was done.
?I am Oliver, why didn?t you kill me?? He asked urgently.
?I could see you are a child and were in trouble. I cherish my children as much as your parents do so I felt compassion to help you. Sharks are not evil killers like you humans sometimes like to think. We gather from nature what we need to eat and raise our families, just like you do.?
?But I thought Sharks lived to kill. My uncle calls you a killing machine.? Oliver said confused.
?Well the machines man uses to gather fish from the ocean are as much killing machines as a shark is with his teeth.? Feratu observed. ?Your uncle gathers fish to sell so you and your family can live well and have things to eat. That is not evil and that is all I do when I hunt. But when I saw you, I knew you were a youth of your kind and that you would grow and become a great man of God. To kill you would be murder. God has told all of creation clearly in his commandments, ?Thou shalt not kill.?
Oliver was surprised to hear the fearsome shark speaking of the laws of God. ?We have that same law in our Bible. You know the laws of God?? He asked Feratu curiously.
?God made the heavens and the earth to serve him and live by his laws.? Feratu observed. ?Sharks live in the balance that the creator placed in the world. We respect our environment just as you should do as land living creatures Oliver. We serve the same god. And I serve the same great master of all creation that you do.?
Oliver thought Feratu was referring to some fish religion. ?Who is your great master of creation, Feratu?? He wondered.
?The same as you, Jesus Christ the Messiah commands the sharks, the oceans and all of nature as well as all of mankind. He created us and put us in our place to serve him and make his kingdom great.? The shark answered.
?I know Jesus,? Oliver answered, ?I pray to him every day.?
?I do too.? Feratu said. ?And it was Jesus who told me who you were and that my mission was to save you. The laws of God were put in place by him to make this world as much like heaven as it can be. I work to obey all of God?s rules and if you do that too, we both will be serving the Lord we love.?
?I promise I will Feratu. And I will pray for you every day and please pray for me.? Oliver said no longer feeling odd asking a great white shark for its prayers.
?I will Oliver.? He shark answered. ?You are safe here. I will go find your Uncle and the sailors and guide them here and then me and my friends will guide a rescue ship here to take you home.? And with that, the huge fish disappeared under the sea. And Oliver spent his time waiting in prayer and reflecting on his new brother in Christ, the killing machine Feratu, the ferocious great white who saved him from death in service to Jesus that day.
Everyone on the fishing trawler knew about the dangers of sharks. When they brought their nets in, they saw the big dangerous beasts in the water feeding off of what got loose form their catch. Oliver?s uncle Nemo often talked to him about the dangers before he agreed to let him work as cabin boy on the ship for a summer. Oliver was the only kid on the boat but the sailors liked him and he learned a lot about fishing from them.
The day the ship sank was like any other day. But everybody heard the explosion in the engine room and what it meant when the boat began to tilt because water was filling it from below. They had done drills on this often. Oliver was put in a small life raft boat first since he was the youngest. He held the rope that tied his raft to the ship hoping that soon his uncle and some of the men would join him. But suddenly there was a jolt as the sinking ship jerked in the water. The rope broke and Oliver?s raft began to drift.
He called out to the ship as the rest of the men got into boats and they were yelling back that they would catch up to him. It looked like everybody got off and would be safe but the waves took him further and further away until Oliver couldn?t see anyone any more. He was alone on the open sea in a tiny life raft.
Oliver knew to conserve his energies and he found the supplies and sun block to keep himself safe and healthy while he waited for rescue. That was when he saw the large fin in the water circling his raft. He knew what it was. The great white shark circled and circled as though thinking about what it was going to do. All of a sudden, there was a pop at the back of the inflatable raft. It had sprung a leak. At first, Oliver thought the shark had rammed him but then he saw the big fish several yards in front of the boat watching him so he knew it wasn?t the shark?s fault.
The boat filled with water and Oliver held on as long as he could. He knew his life vest could keep him afloat but he also knew that in the water, he would certainly become lunch for that big hungry shark. Finally, the boat collapsed and sank and Oliver floated in the sea watching the big fin not far from him. It slowly started moving toward him. About two yards away though, suddenly its head rose out of the water and Oliver could see its eyes and mouth.
?Don?t be afraid!? It suddenly said. Oliver gasped and sucked in seawater hearing the killer shark speak but before he could react, it went under and came up between his legs so Oliver naturally became a rider on the big sharks back.
In moments, he was gliding along the ocean surface riding the huge shark like a horse. The ride went on for a long time but soon Oliver made out a small island. The shark swam to the island very quickly and found a shallow cove where he delivered Oliver to dry land.
?Who are you?? Oliver said to the big fish as it turned circles in the cove.
?I am Feratu, the great white shark.? It answered rising up and then going back down when his answer was done.
?I am Oliver, why didn?t you kill me?? He asked urgently.
?I could see you are a child and were in trouble. I cherish my children as much as your parents do so I felt compassion to help you. Sharks are not evil killers like you humans sometimes like to think. We gather from nature what we need to eat and raise our families, just like you do.?
?But I thought Sharks lived to kill. My uncle calls you a killing machine.? Oliver said confused.
?Well the machines man uses to gather fish from the ocean are as much killing machines as a shark is with his teeth.? Feratu observed. ?Your uncle gathers fish to sell so you and your family can live well and have things to eat. That is not evil and that is all I do when I hunt. But when I saw you, I knew you were a youth of your kind and that you would grow and become a great man of God. To kill you would be murder. God has told all of creation clearly in his commandments, ?Thou shalt not kill.?
Oliver was surprised to hear the fearsome shark speaking of the laws of God. ?We have that same law in our Bible. You know the laws of God?? He asked Feratu curiously.
?God made the heavens and the earth to serve him and live by his laws.? Feratu observed. ?Sharks live in the balance that the creator placed in the world. We respect our environment just as you should do as land living creatures Oliver. We serve the same god. And I serve the same great master of all creation that you do.?
Oliver thought Feratu was referring to some fish religion. ?Who is your great master of creation, Feratu?? He wondered.
?The same as you, Jesus Christ the Messiah commands the sharks, the oceans and all of nature as well as all of mankind. He created us and put us in our place to serve him and make his kingdom great.? The shark answered.
?I know Jesus,? Oliver answered, ?I pray to him every day.?
?I do too.? Feratu said. ?And it was Jesus who told me who you were and that my mission was to save you. The laws of God were put in place by him to make this world as much like heaven as it can be. I work to obey all of God?s rules and if you do that too, we both will be serving the Lord we love.?
?I promise I will Feratu. And I will pray for you every day and please pray for me.? Oliver said no longer feeling odd asking a great white shark for its prayers.
?I will Oliver.? He shark answered. ?You are safe here. I will go find your Uncle and the sailors and guide them here and then me and my friends will guide a rescue ship here to take you home.? And with that, the huge fish disappeared under the sea. And Oliver spent his time waiting in prayer and reflecting on his new brother in Christ, the killing machine Feratu, the ferocious great white who saved him from death in service to Jesus that day.
Monday, August 17, 2009
Reverse Mortgage Loans: Better than a Second Mortgage from: There are so many different kinds of loans that it can be very hard to keep track of them all. Even with mortgage loans, there are so many different kinds. Take reverse mortgage loans, for instance. Most people don't even know that they exist.
If they need extra money, they get a second mortgage or a home equity loan instead. While these are valid options, they do provide more of a risk. Well, reverse mortgage loans are similar because they use your existing equity to give you money.
However, they are actually much better than what you would get with those other loans. Reverse mortgages work a little differently. Instead of giving you a new loan like a second mortgage or a home equity would do, it really just gives you cash on the equity that you've built up on your home. Equity is the amount your home is worth beyond what you already owe. For instance, if you have a house that is worth $150,000 and you still owe $100,000 on the original loan, that means you have built up $50,000 in equity. The big difference between reverse mortgage loans and other, similar loans is the repayment. With this federal loan, you don't have to repay it until you no longer live in that house. If you continue living in the house, you don't have to worry about paying it back. If you do sell your house, the portion that you received from reverse mortgage loans will be taken out of the money you get from the sale.Not everyone can reap the benefits of reverse mortgage loans, though.
Since this is a federal type of loan, they have very strict rules. For one, you need to be living in this house. It should be your main residence. It can also be either a single family home, or up to a four family residence. Finally, there is an age requirement. You need to be at least 62 years old in order to get one of these loans. These are the main rules regarding reverse mortgages. If you feel that you may qualify, it wouldn't hurt to give it a try. These loans are really much better than home equity or second mortgage loans. There are many benefits to reverse mortgages that you don't get with the other loans. These are especially helpful if you plan to live in your house for an extended period of time, because you won't have to pay it off until you plan to move.
This is one of the best mortgage loans out there and worth the trouble in order to receive it.
If they need extra money, they get a second mortgage or a home equity loan instead. While these are valid options, they do provide more of a risk. Well, reverse mortgage loans are similar because they use your existing equity to give you money.
However, they are actually much better than what you would get with those other loans. Reverse mortgages work a little differently. Instead of giving you a new loan like a second mortgage or a home equity would do, it really just gives you cash on the equity that you've built up on your home. Equity is the amount your home is worth beyond what you already owe. For instance, if you have a house that is worth $150,000 and you still owe $100,000 on the original loan, that means you have built up $50,000 in equity. The big difference between reverse mortgage loans and other, similar loans is the repayment. With this federal loan, you don't have to repay it until you no longer live in that house. If you continue living in the house, you don't have to worry about paying it back. If you do sell your house, the portion that you received from reverse mortgage loans will be taken out of the money you get from the sale.Not everyone can reap the benefits of reverse mortgage loans, though.
Since this is a federal type of loan, they have very strict rules. For one, you need to be living in this house. It should be your main residence. It can also be either a single family home, or up to a four family residence. Finally, there is an age requirement. You need to be at least 62 years old in order to get one of these loans. These are the main rules regarding reverse mortgages. If you feel that you may qualify, it wouldn't hurt to give it a try. These loans are really much better than home equity or second mortgage loans. There are many benefits to reverse mortgages that you don't get with the other loans. These are especially helpful if you plan to live in your house for an extended period of time, because you won't have to pay it off until you plan to move.
This is one of the best mortgage loans out there and worth the trouble in order to receive it.
Sunday, August 9, 2009
Since MarketClub’s tools can be used for stocks, futures, forex, mutual funds, and ETFs
MarketClub’s Chart Portfolio allows you to create a personalized watch/active trading list which can be instantly analyzed, reviewed, downloaded, or studied for quick market analysis. Since MarketClub’s tools can be used for stocks, futures, forex, mutual funds, and ETFs, you can see your diverse portfolio holdings in one glance. You can arrange your portfolio symbols alphabetically, by percentage change, or by your own preference. Our powerful processors will even send you a nightly email giving each symbol in your portfolio a score based around the market action and various timing thresholds.
Smart Scan helps you to quickly find winning trades in stocks, futures, mutual funds, precious metals and foreign exchange. Our proprietary scanning tools identify charting patterns that are primed for large moves. Since every trader is different, we provide scans for over 24 different charting patterns. This allows traders to choose trend directions or trending strengths that bests fit their style. Once you find a charting pattern, you then use our filtering tools to pick out markets that fit your personal volume, price, or exchange criteria.
Trade School is your own personal trading university where you set the curriculum with some of the most well known professional traders in the world. These audio (MP3) seminars and PDF workbooks will have you following along with trading greats like Linda Raschke, Mark Cook, and Chuck LeBeau. These seminars cover various trading techniques and information on foreign exchange, futures, day trading, money management, stocks, psychology, indexes, options and more.
In addition to the Trade School seminars we have online, we also have constantly updated training videos that show you how to get the most our of the market and MarketClub. Adam Hewison and INO.com staff create these special flash videos for MarketClub members. Judging from the feedback we have received from our members, it’s a feature that is heavily used and well liked. It’s all included in your MarketClub membership.
MarketClub also provides charting tools that will give you those extra features that you may not currently have on your online discount broker platform. BARRONS business magazine said it best, …a terrific charting tool, they also recommended to their readers to keep an eye on this site even if you’re not ready to dive in; it’s poised to keep growing.
Out of all of MarketClub’s tools, members find our proprietary algorithm, Trade Triangle, to be the most impressive. The Trade Triangle algorithm places green and red signals on daily, weekly, monthly or quarterly charts. These triangles represent changes in trend, and when used on two time frames, confirm trend direction and put the odds in your favor that a trend will continue opposed to reversing. By using our suggested Trade Triangle technique, members can know when to get into big moves or when to sit on the sidelines and wait. The Trade Triangle methodology can be adapted for various markets and for multiple types of traders, making this the perfect tool for someone who has diverse portfolio holdings.
In addition to our Trade Triangle approach, our Charting Tool comes complete with a set of technical tools that are easily integrated with various trading styles. With over 23 other technical analysis studies, these charting tools can be used to fit any trading purpose.
With our Charting Tool, you can create a bar, line, scatter or candlestick chart with just a click of your mouse. Once you find the perfect chart type and combination of studies, you can save this charting template to our servers and recall it at any time. Even when you pull up a new symbol, the applet will remember all of your settings so you don’t have to recreate them all over again. Our members tell us that this is one of their favorite MarketClub tools.
The Charting Tool can chart in 1, 5, 15, 30, and 60 minute increments. In addition to intra-day data, you can also chart data on a daily, weekly, monthly or quarterly basis
Our Data Central tool allows you to access downloadable historical data. If you have a special trading program, spreadsheet, or back-testing program, you can access historical data in comma-delimited, tab-delimited, ASCII or metastock format. We carry this information in 1 minute, 15 minutes, 1 hour and daily time intervals on 165,000 symbols. Traders that need end-of-day data can use this tool to collect all the information they may need
What exchanges does MarketClub cover?
National Association of Securities Dealers Automated Quotations (NASDAQ)
New York Stock Exchange (NYSE)
American Stock and Options Exchange (AMEX)
Toronto Stock Exchange (TSX)
Canadian Venture Exchange (CDNX)
New York Mercantile Exchange (NYMEX/COMEX)
New York Board of Trade (NYBOT/CSCE/NYCE)
Chicago Mercantile Exchange (CME)
Chicago Board of Trade (CBOT)
Intercontinental Exchange (ICE)
Kansas City Board of Trade (KCBT)
Minneapolis Grain Exchange (MGEX)
Realtime Foreign Exchange (FOREX)
Chat with real traders and learn from the co-creator of MarketClub, Adam Hewison, and chat with other trading professionals. The Trader’s Blog allows members to share ideas with fellow traders along with the MarketClub team. We answer questions from traders around the world, post tips, share trading ideas, and post online market analysis videos based around MarketClub’s methodology and tools.
News, news, news, call it information overload. Everyday we are bombarded with a plethora of news stories. But, what if you could just read about the news that affects the market you trade? With our News Scan tool, you can set up a scan to find stories on only the markets that you want to know about.
MarketCub has Associated Press, RTT (Real-Time Trader) News and Dow Jones News, top international and domestic news services whose wires come directly into MarketClub. Now it’s easy to manage and customize your own personal financial news feed and read only the news you wish to read.
Have you ever missed a huge move and wish someone would have just shot you a message saying, this symbol has just had a +2% net change, or this symbol has just broken out above $12.43, or a green ‘Trade Triangle’ has just been triggered on a daily chart.
Being immediately notified of these occurrences can save you from missing big moves or taking big losses. You can set these Alerts to notify you of net changes, new highs and lows, changes in trend score, breakouts and when our proprietary Trade Triangles have been issued for one or all of the symbols that you’ve added to your portfolio.
MarketClub’s Chart Portfolio allows you to create a personalized watch/active trading list which can be instantly analyzed, reviewed, downloaded, or studied for quick market analysis. Since MarketClub’s tools can be used for stocks, futures, forex, mutual funds, and ETFs, you can see your diverse portfolio holdings in one glance. You can arrange your portfolio symbols alphabetically, by percentage change, or by your own preference. Our powerful processors will even send you a nightly email giving each symbol in your portfolio a score based around the market action and various timing thresholds.
Smart Scan helps you to quickly find winning trades in stocks, futures, mutual funds, precious metals and foreign exchange. Our proprietary scanning tools identify charting patterns that are primed for large moves. Since every trader is different, we provide scans for over 24 different charting patterns. This allows traders to choose trend directions or trending strengths that bests fit their style. Once you find a charting pattern, you then use our filtering tools to pick out markets that fit your personal volume, price, or exchange criteria.
Trade School is your own personal trading university where you set the curriculum with some of the most well known professional traders in the world. These audio (MP3) seminars and PDF workbooks will have you following along with trading greats like Linda Raschke, Mark Cook, and Chuck LeBeau. These seminars cover various trading techniques and information on foreign exchange, futures, day trading, money management, stocks, psychology, indexes, options and more.
In addition to the Trade School seminars we have online, we also have constantly updated training videos that show you how to get the most our of the market and MarketClub. Adam Hewison and INO.com staff create these special flash videos for MarketClub members. Judging from the feedback we have received from our members, it’s a feature that is heavily used and well liked. It’s all included in your MarketClub membership.
MarketClub also provides charting tools that will give you those extra features that you may not currently have on your online discount broker platform. BARRONS business magazine said it best, …a terrific charting tool, they also recommended to their readers to keep an eye on this site even if you’re not ready to dive in; it’s poised to keep growing.
Out of all of MarketClub’s tools, members find our proprietary algorithm, Trade Triangle, to be the most impressive. The Trade Triangle algorithm places green and red signals on daily, weekly, monthly or quarterly charts. These triangles represent changes in trend, and when used on two time frames, confirm trend direction and put the odds in your favor that a trend will continue opposed to reversing. By using our suggested Trade Triangle technique, members can know when to get into big moves or when to sit on the sidelines and wait. The Trade Triangle methodology can be adapted for various markets and for multiple types of traders, making this the perfect tool for someone who has diverse portfolio holdings.
In addition to our Trade Triangle approach, our Charting Tool comes complete with a set of technical tools that are easily integrated with various trading styles. With over 23 other technical analysis studies, these charting tools can be used to fit any trading purpose.
With our Charting Tool, you can create a bar, line, scatter or candlestick chart with just a click of your mouse. Once you find the perfect chart type and combination of studies, you can save this charting template to our servers and recall it at any time. Even when you pull up a new symbol, the applet will remember all of your settings so you don’t have to recreate them all over again. Our members tell us that this is one of their favorite MarketClub tools.
The Charting Tool can chart in 1, 5, 15, 30, and 60 minute increments. In addition to intra-day data, you can also chart data on a daily, weekly, monthly or quarterly basis
Our Data Central tool allows you to access downloadable historical data. If you have a special trading program, spreadsheet, or back-testing program, you can access historical data in comma-delimited, tab-delimited, ASCII or metastock format. We carry this information in 1 minute, 15 minutes, 1 hour and daily time intervals on 165,000 symbols. Traders that need end-of-day data can use this tool to collect all the information they may need
What exchanges does MarketClub cover?
National Association of Securities Dealers Automated Quotations (NASDAQ)
New York Stock Exchange (NYSE)
American Stock and Options Exchange (AMEX)
Toronto Stock Exchange (TSX)
Canadian Venture Exchange (CDNX)
New York Mercantile Exchange (NYMEX/COMEX)
New York Board of Trade (NYBOT/CSCE/NYCE)
Chicago Mercantile Exchange (CME)
Chicago Board of Trade (CBOT)
Intercontinental Exchange (ICE)
Kansas City Board of Trade (KCBT)
Minneapolis Grain Exchange (MGEX)
Realtime Foreign Exchange (FOREX)
Chat with real traders and learn from the co-creator of MarketClub, Adam Hewison, and chat with other trading professionals. The Trader’s Blog allows members to share ideas with fellow traders along with the MarketClub team. We answer questions from traders around the world, post tips, share trading ideas, and post online market analysis videos based around MarketClub’s methodology and tools.
News, news, news, call it information overload. Everyday we are bombarded with a plethora of news stories. But, what if you could just read about the news that affects the market you trade? With our News Scan tool, you can set up a scan to find stories on only the markets that you want to know about.
MarketCub has Associated Press, RTT (Real-Time Trader) News and Dow Jones News, top international and domestic news services whose wires come directly into MarketClub. Now it’s easy to manage and customize your own personal financial news feed and read only the news you wish to read.
Have you ever missed a huge move and wish someone would have just shot you a message saying, this symbol has just had a +2% net change, or this symbol has just broken out above $12.43, or a green ‘Trade Triangle’ has just been triggered on a daily chart.
Being immediately notified of these occurrences can save you from missing big moves or taking big losses. You can set these Alerts to notify you of net changes, new highs and lows, changes in trend score, breakouts and when our proprietary Trade Triangles have been issued for one or all of the symbols that you’ve added to your portfolio.
Sunday, June 14, 2009
Forex traders have today a wealth of information
Forex traders have today a wealth of information from which to evaluate and select potential trades (some would argue too much information). These markets are moved by two primary forces: Fundamental forces (balance of trade data, money supply, interest rates, economic and financial reports, etc.) and Technical forces.
While many traders advocate fundamental analysis-based trading, it should be argued that this style of trading is very difficult especially for people who have little time to trade (less than an hour a day), or who are new to trading Forex.
Fundamental analysis traders tend to be ‘always on’ — or, day trading because it requires PRECISE timing to move with the markets. If you can’t get to your trading platform the minute a ’surprise’ report hits the newswire, you’ll be too far behind the action to respond to it.
That’s because the markets are always taking in new financial and economic information from around the globe — and they are continuously reacting to it to the minute.
Trading on Fundamental Analysis means understanding that the underlying data is NOT important — what is important is the market’s reaction to that data. Remember that most fundamental data is ‘projected’ - the actual release of fundamental news only acts to confirm or change those projections. Thus the ‘timing’ of fundamental analysis if of greater importance and leads to shorter term profits or loss due to the swing in market reaction.
Trading on Technical Analysis, however, gives you maneuverability in the markets. Technical Analysis is designed to reflect fundamental analysis in the current market price — in other words, the market is doing the fundamental work for you. What you are doing is riding a trend based on the trend meeting certain criteria (known as conditions).
Technical Analysis will allow you to identify, confirm and enter a trend with enough time in the trend to generate profit potential. Technical Analysis will also identify, confirm and help you exit a trend that has run its course. In both cases, the action of the price in the Forex markets will dictate what moves you will make.
Thus, using a good trading method based on technical analysis is a less demanding way to trade Forex with far greater odds of success.Using Technical Indicators to trade Forex
But did you know there are currently more than 100 technical indicators that you can use when trading Forex? Most charting software programs and packages available will provide all of these indicators to you — but the most confusing question is always: which ones should I use?
There is no magic in technical indicators in and of themselves as they each can tell you something about the market’s behaviour at any given point in time. Nor is it true that any one indicator is better than another.
What is key to using technical indicators successfully is to select only a few that complement one another and use them in an uncommon manner along with powerful trading tactics.
Most trading methods share the technical indicators they utilize for identifying potential trades — the key to being successful with these indicators is to understand their application and their impact on the selection of trade.
The tendency for many amateur traders, however, is to over-complicate this process. They want to use too many indicators or patterns, and they think that success is dependent upon something being highly complex. Nothing could be further from the truth — in fact, simple is better:
1. Using too many or the wrong indicators is counterproductive, as the information that those indicators provide is often counter intuitive and just plain misleading.
2. Using a few simple indicators in a uniquely powerful way can provide theright information necessary to make good trading decisions.
3. With the right indicators and patterns, you will be far more likely to trade with discipline because you will be able to understand an objective set of rules that the right indicators and patterns can provide.
In short, you are best off keeping it simple and applying a smaller set of indicators to identify the strongest possible trades — and avoid making ‘complexity’ a qualifier for determining whether a method will work or not. You’ll likely find that the simpler the method, the more successful you’ll be with it.
Bill Poulos
While many traders advocate fundamental analysis-based trading, it should be argued that this style of trading is very difficult especially for people who have little time to trade (less than an hour a day), or who are new to trading Forex.
Fundamental analysis traders tend to be ‘always on’ — or, day trading because it requires PRECISE timing to move with the markets. If you can’t get to your trading platform the minute a ’surprise’ report hits the newswire, you’ll be too far behind the action to respond to it.
That’s because the markets are always taking in new financial and economic information from around the globe — and they are continuously reacting to it to the minute.
Trading on Fundamental Analysis means understanding that the underlying data is NOT important — what is important is the market’s reaction to that data. Remember that most fundamental data is ‘projected’ - the actual release of fundamental news only acts to confirm or change those projections. Thus the ‘timing’ of fundamental analysis if of greater importance and leads to shorter term profits or loss due to the swing in market reaction.
Trading on Technical Analysis, however, gives you maneuverability in the markets. Technical Analysis is designed to reflect fundamental analysis in the current market price — in other words, the market is doing the fundamental work for you. What you are doing is riding a trend based on the trend meeting certain criteria (known as conditions).
Technical Analysis will allow you to identify, confirm and enter a trend with enough time in the trend to generate profit potential. Technical Analysis will also identify, confirm and help you exit a trend that has run its course. In both cases, the action of the price in the Forex markets will dictate what moves you will make.
Thus, using a good trading method based on technical analysis is a less demanding way to trade Forex with far greater odds of success.Using Technical Indicators to trade Forex
But did you know there are currently more than 100 technical indicators that you can use when trading Forex? Most charting software programs and packages available will provide all of these indicators to you — but the most confusing question is always: which ones should I use?
There is no magic in technical indicators in and of themselves as they each can tell you something about the market’s behaviour at any given point in time. Nor is it true that any one indicator is better than another.
What is key to using technical indicators successfully is to select only a few that complement one another and use them in an uncommon manner along with powerful trading tactics.
Most trading methods share the technical indicators they utilize for identifying potential trades — the key to being successful with these indicators is to understand their application and their impact on the selection of trade.
The tendency for many amateur traders, however, is to over-complicate this process. They want to use too many indicators or patterns, and they think that success is dependent upon something being highly complex. Nothing could be further from the truth — in fact, simple is better:
1. Using too many or the wrong indicators is counterproductive, as the information that those indicators provide is often counter intuitive and just plain misleading.
2. Using a few simple indicators in a uniquely powerful way can provide theright information necessary to make good trading decisions.
3. With the right indicators and patterns, you will be far more likely to trade with discipline because you will be able to understand an objective set of rules that the right indicators and patterns can provide.
In short, you are best off keeping it simple and applying a smaller set of indicators to identify the strongest possible trades — and avoid making ‘complexity’ a qualifier for determining whether a method will work or not. You’ll likely find that the simpler the method, the more successful you’ll be with it.
Bill Poulos
Friday, May 1, 2009
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