Trading System

Momentum Stock Trading System: Trade In Only The Fastest Moving Stocks
Complete Stock Trading System, find stocks, entry, exit and position sizing.
Goal: 20% to 25% per annum gains with drawdowns of less than 12%. Trade once a week (10 minutes tops) Invest your own pension fund, 401K and make bigger gains.
Complete system to find only the very top 1% of stocks at the right time to trade in.
Momentum Stock Trading System. 100% mechanical stock trading system tades once a week.
Other vendors sprout ridiculous numbers simply to con people into buying! No trader or system alive can make 20% per month or 100% a year. Crazy!
Momentum Stock Trading System:
Which are the best stock?
Glad you asked?
Whislt I have 6 points each stock must poass to be a great trading stock here are some of the the things you must look for:
* Huge insitutional buying,
*  Volume patterns
*  Key fundamantals
*  Trend recognition and price ranges.
Some things about M.S.T.S.:
Online since 1999
Thousands of happy/profitable customers.
Snagged some of the very best moving stocks since 1999 all the way through to 2012
Trades off key technical scans and fundamental data to find the “new hot stocks”
No charts trades. Trades from precise excel based rules on entry and exits.
Time taken to trade? 10 minutes a week. NO INTRA DAY MONITORING NEEDED NOR WANTED!
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U.S. futures sharply lower as Fed rally short-lived; Dow drops 1.5%

Forexpros – U.S. stock futures pointed to a broadly lower open on Wednesday, after rallying sharply the previous day on the Federal Reserve's pledge to keep rates at ultra-low levels “at least” through mid-2013.



Ahead of the open, the Dow Jones Industrial Average futures pointed to a loss of 1.5%, the S&P 500 futures fell 1.3%, while the Nasdaq 100 futures dropped 1.9%.



The Federal Reserve pledged on Tuesday to keep its benchmark interest rate at an all-time low, adding that it will maintain a loose monetary policy until “at least through mid-2013.”



In a statement, the Fed said growth was much slower than expected and the labor market had deteriorated, underlining concerns over the U.S. economic outlook.



The Fed also indicated that it “discussed the range of policy tools available to promote a strong economic outlook recovery in a context of price stability” and said it was prepared to employ the tools “as appropriate”.



Meanwhile, shares in Walt Disney tumbled 4.3% after the company reported restructuring and impairment charges totaling USD34 million in the third quarter.



On the upside, department store operator Macy’s saw shares climb 3% after reporting a 64% increase in second quarter profit. The upbeat results prompted the company to raise its full-year earnings forecast.



Clothing retailer Polo Ralph Lauren saw shares surge 10.2% after it said fiscal first quarter net income rose 52% to USD184.1 million. Revenue in the quarter rose 28% to USD1.49 billion, above expectations for revenue of USD1.43 billion.



Other notable earnings scheduled for Wednesday include, technology firm Cisco Systems and media giant News Corp., which were both slated to report results after the closing bell.



Meanwhile, shares in Bank of America could be active, as chief executive Brian Moynihan was scheduled to face an investor conference call later in the day with Fairholme Capital, which owns around 92 million shares in the bank.



Across the Atlantic, European stock markets posted sharp losses, as mounting fears over sovereign debt contagion weighed. The EURO STOXX 50 tumbled 1.7%, France’s CAC 40 fell 1.5%, Germany's DAX shed 0.5%, while Britain's FTSE 100 edged 0.25% lower.



During the Asian trading session, Hong Kong’s Hang Seng Index jumped 2.1%, while Japan’s Nikkei 225 Index rose 0.9%.



A report from China’s National Bureau of Statistics showed that China’s trade surplus widened to USD31.5 billion in July, the highest level in more than two years. Analysts had expected China’s trade surplus to widen to USD27.4 billion.



Later in the day, the U.S. was to produce data on the federal budget balance as well as reports on crude oil stockpiles and wholesale inventories.
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U.S. federal budget balance falls less-than-expected

Forexpros - The U.S. federal budget balance fell less-than-expected last month, official data showed on Wednesday.



In a report, Department of the Treasury said that U.S. federal budget balance fell to a seasonally adjusted -129.4B, from -43.1B in the preceding month.



Analysts had expected U.S. federal budget balance to fall to -140.0B last month
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Forex - EUR/USD down on economic data

Forexpros - The Euro was lower against the U.S. Dollar on Wednesday after the release of U.S. data on Federal Budget Balance.



EUR/USD was trading at 1.4226, down 1.04% at time of writing.



The pair was likely to find support at 1.4070, Friday’s low, and resistance at 1.4426, Monday’s high.



Earlier in the day, official data showed that The U.S. federal budget balance fell less-than-expected to a seasonally adjusted -129.4B last month from -43.1B in the preceding month.



Analysts had expected U.S. federal budget balance to fall to -140.0B last month.



Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.14% to hit 0.8798 and EUR/JPY falling 1.26% to hit 109.24.



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S&P downgrades US credit rating to AA-plus

FXstreet.com (Barcelona) - The United States lost its AAA debt rating, on late Friday, from Standard & Poor’s for the first time in history. The credit-rating agency said the political system of the world’s top economy has become less stable and is still concerned about the government's budget deficit and rising debt burden.

"The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics," S&P said in a statement.

The outlook on the new U.S. credit rating is "negative," S&P added, which means another downgrade is possible in the next 12 to 18 months.

US government says S&P is wrong

The White House reacted with indignation to Standard & Poor's credit rating downgrade from AAA to AA-plus. A government spokeswoman said to media that S&P was wrong in its calculation, the debt value was overestimated by 2 billion, she stated.
Republicans asked President Obama division.
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USD/JPY: finished the week lower amid a weaker USD

EUR/USD

The pair finished the week higher after Eurozone leaders put forward plans that will permit the financial rescue fund to take advantage of new powers to prevent contagion and help Greece overcome its debt crisis. The move higher came in spite of somewhat mixed macro-economic data releases, as well as less than impressive demand for government debt sales.

In terms of technical levels, support levels are seen at the 21DMA line at 1.4283 and then at the 10DMA line at 1.4178. On the other hand, resistance levels are seen at 1.4400/40 and then at 1.4496.

GBP/USD

Despite the release of dovish BoE minutes from the most recent monetary policy meeting, the pair finished the week higher following renewed risk appetite as investors speculated that policy makers on both sides of the pond will put their differences aside and provide the much needed clarity on debt problems.

Finally, technical studies indicate that supports are seen at the 21DMA line at 1.6074 and then at 1.6069. On the other hand, resistance levels are noted at 1.6344 and then at the 61.8% Fibonacci retracement level of the 1.6747-1.5781 move.

USD/JPY

Despite the renewed sense of optimism over the state of the peripheral Eurozone, the pair finished the week lower amid a weaker USD, which fell around 1.5% as policy makers in the US failed to agree to debt reduction plans. Of note, DPJ's Naoshima said that government efforts to counter JPY strength have been "inadequate".

In terms of technical levels, supports are seen at 78.22/00 and then at the historic low at 76.25. On the other hand, resistance levels are seen at 78.74, 79.03 and then at 79.32, which is also the Tenkan Line.
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