Financial Trend Analysis Strategy: Long USDJPY
Klaus Ikast, Kim Cramer Larsson from Financial Trend Analysis at 02/22/10
The trading strategies are based exclusively on technical analysis and are short term with a maximum time horizon of 3 to 5 days.
The philosophy behind the Today's Trading Signals (TTS) is to take low risk, high return positions with tight stops. That means Financial Trend Analysis (FTA) focus the most on placing the right stops.
Every morning FTA reviews the market and the specific strategy, recalculates the risk/reward and then determines the strategy regardless of previous strategy in the specific security. FTA can change the strategy from SHORT to LONG and vice versa regardless of the previous (day’s) strategy. That means that even though the original target in the “old” strategy has not been met FTA can close down a position and wait to re-enter, or reverse the strategy, if the signals have changed. FTA determine every strategy individually. For more explanation on the strategies please check out the Reading Guide on page two in the publication.
Watch the Financial Trend Analysis Annual Performance of 2007, 2008, 2009 and January update of 2010
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Kim Cramer Larsson presented a special webinar at FXstreet.com to explain how to read, understand and use this report.