Saturday, May 23, 2009

The extent to which objects can actually be placed in registers by

Objects declared with any two-byte integer or pointer types can be placed
in registers. The compiler will place any small auto objects into registers,
but objects explicitly declared as register will take precedence. At least
two and as many as six registers are available. The number of registers
actually used depends on what registers are needed for temporary values
in the function.

The type of integer required to hold the difference between two

The type is signed int when the pointers are near, or signed long when
the pointers are far or huge. The type of ptrdiff_t depends on the memory
model in use. In small data models, the type is int. In large data models,
the type is long.

The sign of the remainder on integer division.

The sign of the remainder is negative when only one of the operands is
negative. If neither or both operands are negative, the remainder is
positive.

The result of casting a pointer to an integer or vice versa.

When converting between integers and pointers of the same size, no
bits are changed. When converting from a longer type to a shorter, the
high-order bits are truncated. When converting from a shorter integer
type to a longer pointer type, the integer is first widened to an
integer type that is the same size as the pointer type. Thus signed
integers will sign-extend to fill the new bytes. Similarly, smaller
pointer types being converted to larger integer types will first be
widened to a pointer type that is as wide as the integer type.

The direction of truncation or rounding when a floating-point number

The value is rounded to the nearest representable value. Ties are broken
according to the rules of IEEE standard arithmetic.
3.3 The results of bitwise operations on signed integers.
The bitwise operators apply to signed integers as if they were their
corresponding unsigned types. The sign bit is treated as a normal data
bit. The result is then interpreted as a normal 2's complement signed
integer.
3.3.2.3 What happens when a member of a union object is accessed using a
member of a different type.
The access is allowed and will simply access the bits stored there.
You'll need a detailed understanding of the bit encodings of floating-point
values in order to understand how to access a floating-type member using a
different member. If the member stored is shorter than the member used to
access the value, the excess bits have the value they had before the short
member was stored.

The current locale used to convert multibyte characters into

Wide character constants are recognized, but treated in all ways like
normal character constants. In that sense, the locale is the "C" locale.
3.1.3.4 The value of an integer constant that contains more than one
character, or a wide character constant that contains more than one multibyte
character.
Character constants can contain one or two characters. If two characters are
included, the first character occupies the low-order byte of the constant,
and the second character occupies the high-order byte.
3.2.1.2 The result of converting an integer to a shorter signed integer, or
the result of converting an unsigned integer to a signed integer of equal
length, if the value cannot be represented.
These conversions are performed by simply truncating the high-order
bits. Signed integers are stored as 2's-complement values, so the resulting
number is interpreted as such a value. If the high-order bit of the smaller
integer is nonzero, the value is interpreted as a negative value; otherwise,
it is positive.
3.2.1.3 The direction of truncation when an integral number is converted
to a floating-point number that cannot exactly represent the original value.
The integer value is rounded to the nearest representable value. Thus,
for example, the long value (2 to the 31th power minus 1) is converted to
the float value 2 to the 31th power. Ties are broken according to the rules
of IEEE standard arithmetic.

The value of an integer character constant that contains a character

Wide characters are not supported. They are treated as normal characters.
All legal escape sequences map onto one or another character. If a hex or
octal escape sequence is used that exceeds the range of a character, the
compiler issues a message.

The mapping between source and execution character sets.

Any characters in string literals or character constants will remain
unchanged in the executing program. The source and execution character
sets are the same.

Friday, May 15, 2009

Forex Training Education - Learn How to Become a Professional Forex Trader!

Forex training education is one of the most sought after training course formulated and specifically tailored for those who want to learn the true dealings of the trade. This becomes popular to a lot of aspiring traders, novice and even professionals. As everyone knows how the trade can move to an intensified state down to its fluctuation, it can never be gleaned that forex trading is an easy market. Reality check, it is not an uncomplicated market however, you can formulate ways on how to weather a complex market into something that will turn all the intricacies and risks as part of a challenging course and in the long run to your advantage.When you finally come to the conclusion of undergoing forex training education, you will realize that this is something worthwhile as you begin with an investment that you will be carrying on in the duration of your trade and in your future transactions. One might come to ask, what could possibly be the best formula to gain more profit? The answer is simple, learn through forex course training education and be able to apply all the things that you have learned in your actual trade.Forex training education has a lot of things to offer in helping you become a professional trader. You have to start off in searching for the best and the finest online courses on the net. There are multiplicities of selections provided for those who want to gain further knowledge in the areas of forex market and you will surely come up with the most efficient ones. You can also go by other forex trade software that consists of forex autopilot and forex robots. This software generate favorable outcome and constructive feedback as expediency becomes its major point. When you acquire a forex autopilot or robot, you will no longer have to do the monitoring 24/7 for the forex autopilot will be the one to do all the things that you once been doing. This software will also send forex signals on your database indicating if it is a perfect time to buy, sell or hold your currencies.Forex training education is also comprise of demo accounts that can serve as your online resources. You can also create an account where you will be given a trial trade with no capital involve until such time that you are ready to face the inner circle and do your first trade at once. Added to this, is the significance of learning forex languages that will also play a big part in your dealings. Terminologies such as hedge, pips, currency pairs, quote currency, base currency, cross currency and the major and minor currency. The chances of coming across with these terms are viable.Keep in mind that, forex training education should not rest once you get yourself in the forex market circle. Just like any other venture, a continuous learning process is essential to make way for greater challenges to overcome, profits to take pleasure and in due time a professional trader in your own right.

Weekly Stock Market Letter, 23 February 2009

The Week Ahead: Although the White House continues to favor a privately held banking system, nationalization seems to be gaining the upper hand as many believe this to be inevitable. President Obama will address Congress on Tuesday while Ben Bernanke begins his two day testimony on Capital Hill. The Case Shiller House Price Index is also released. Existing home sales data is out on Wednesday. Durable goods and new home sales data are due by Thursday. Lastly, a preliminary look at the nations GDP for the fourth quarter on Friday will be closely watched.Stocks to Watch: Kindred Healthcare (KND) surprised many by beating EPS estimates and lifting their 2009 target as the stock reached a 4 month high. Cabela's (CAB), the outdoor sporting goods company, also broke strongly to the upside after beating estimates for their Q4. Actuant (ATU) shares fell because preliminary Q2 sales will be off by 23%. Tim Horton's (THI), the Canadian retaurant chain, boosted its quarterly dividend by 10 cents after releasing its Q4 results. Morningstar (MORN) came in light on their Q4 EPS and the stock fell about 14%.Special Note: The Dow Industrials are leading the market lower as it reached its lowest level since October 2002 and joined the Dow Transports in breaking last November's low. It's possible that some form of nationalization of the major banks could be the catalyzing event that would produce a more lasting low in the major indexes since the peak in October 2007 but at what level? All the major indexes are currently below their 20 year MA and long term charts indicate the 30 year moving averages at 5800, 675, and 1200 on the DJIA, S&P 500, and Nasdaq respectively.Commentary provided by Barry Ward, Registered Principal, NobleTrading.com, Inc.

Easy Forex Trading - How to Trade Forex Easily and Profitably!

When an individual would hear the word 'Forex' it is expected that the initial reaction is that it is a complicated and mind-bugling issue to take. Although this is true at some point, it does not actually work always that way especially if an individual is aware of all the prerequisites of the game. Now, to open each eye about easy Forex trading, this article was created.• It is easy Forex trading since you need not to overdo things. If you are just new on the Forex trading arena then you can begin with making a profit of only a 20 pips. Do not try to add up more, instead study the tactic that you will have to do the next day.• You need not to waste all your time; it could be spent on 15 minute chart as well as 1 hour chart only.• The 5 miniature chart is not there so you could waste yourself into. If you spend too much of your time here then it will only distract you in making a good trading decision.• Easy Forex trading also means not using the complicated MACD to buy and sell since it only arrive the individual to meaningless trades which anyone would see as a waste of time.• You can make use of trailing stops during times when you unstoppably keep on moving your Forex proceeds just to cover all your losses. Also keep in mind to practice first with the demo before actually dipping your toe on the real scene.• You can carry out everything that you can probably do in order to protect your cash through the use of 12-15 pips stop in Forex trading. As expected, you will primarily lose 3 out of 10 trades thus is sensible to hinder your losses to a certain percent and always practice proper money management.• Some would say that is easy Forex trading given that one can rely only on 'gut feel'. This is not an intuition game; this is a real thing since your money is at risk. Being very much dependent on 'gut feeling' will only lead to financial dilemma thus it is best to control your emotions.• You need to have a precise and detailed log of every good or bad trade that you had before to serve as your guidelines not to make any erroneous decision later on.• Every people has their personal indicators thus what work for your friend may not always work for you, be unique.• Indeed, it is definitely an easy Forex trading but in case you cant compose yourself to be serious on what you are doing then there is no point of even starting.There are other lists of guideline that would present why it is known as easy Forex trading. For the trader, you have to practice and study every step that you make. Be patient and do not just rely on your inkling if you really want to bag the money all the time.

Forex Trading Psychology: What Makes A Successful Forex Trader?

The Forex market has changed through the years, growing in volume and expanding across multiple time zones.Brokerage houses have changed, too, going online with sophisticated software and powerful servers.Economic indicators and technical analysis have become more sophisticated, too, until the Forex market of today bears little resemblance to what it used to be.But there’s one thing that hasn’t changed: most traders lose.Despite all the advances in the Forex marketplace, the ratio of winners to losers remains low. Experts agree that the most hopeful number that can be advanced is a measly 10%, which means that 90% of all traders on any particular day will lose.Experts also agree that the reason most traders lose is because they allow their emotions to cloud their judgment.Most people trade on hope and fear, rather than facts. Rather than basing their trades on what the charts and the indicators actually say, these people trade on what they want them to say. They hang onto a losing trade and follow the graph down, hoping the currency pair will turn around. Or they exit a trade too soon, fearing the trend won’t last, and are satisfied with pennies that even the best Forex money management cannot balance against their losses.Other people lose through greed, by trying to pick the highs and lows too nicely to maximize their profits to the penny. Rather than waiting to place a trade when the indicators confirm the market’s movement, they jump in too soon and are disappointed when the anticipated break-out never occurs.Remember, there is no magic software or fool-proof trading scheme. If you cannot control your emotions, then you cannot become a winner despite yourself. But there are things you can do to improve your chances of being one of the winners, and the most powerful is to follow these rules of Forex trading:Prepare a trading plan, using good Forex money management skills and the trading strategy of your choice—then trade your plan. Don’t alter your plan or fudge your criteria if you don’t see a good trade for a few days; wait for the market to fulfill your requirements before risking your money. Remember the law of averages: sooner or later, the market will come around.Use stops, and trailing stops when possible, to control losses and protect your profits. Remember to set your stops far enough away from the entry price so that you aren’t closed out by normal market jitters.Paper trade with a demo account until you are efficient and feel comfortable in the market.When you move on and start trading with real money, it feels different than paper trading! But this is no time to change your plan. To minimize the effects of emotion, set a small, realistic initial goal and trade until you achieve your goal more often than not. Use small sums in micro or mini accounts. Only when you are comfortable risking your cash and sometimes losing it should you attempt to trade with larger sums of money.Study your trading record and try to figure out what went wrong when you lost. To put it simply, learn from your mistakes. That alone will put you ahead of the crowd!

Discover Some Magic To Beat The Forex: The Elliott Wave Theory For Forex Markets

One of the best known and least understood theories of technical analysis in forex trading is the Elliot Wave Theory. Developed in the 1920s by Ralph Nelson Elliot as a method of predicting trends in the stock market, the Elliot Wave theory applies fractal mathematics to movements in the market to make predictions based on crowd behavior. In its essence, the Elliot Wave theory states that the market – in this case, the forex market – moves in a series of 5 swings upward and 3 swings back down, repeated perpetually. But if it were that simple, everyone would be making a killing by catching the wave and riding it until just before it crashes on the shore. Obviously, there’s a lot more to it.One of the things that makes riding the Elliot Wave so tricky is timing – of all the major wave theories, it’s the only one that doesn’t put a time limit on the reactions and rebounds of the market. A single In fact, the theories of fractal mathematics makes it clear that there are multiple waves within waves within waves. Interpreting the data and finding the right curves and crests is a tricky process, which gives rise to the contention that you can put 20 experts on the Elliot Wave theory in one room and they will never reach an agreement on which way a stock – or in this case, a currency – is headed.Elliot Wave Basics• Every action is followed by a reaction.It’s a standard rule of physics that applies to the crowd behavior on which the Elliot Wave theory is based. If prices drop, people will buy. When people buy, the demand increases and supply decreases driving prices back up. Nearly every system that uses trend analysis to predict the movements of the currency market is based on determining when those actions will cause reactions that make a trade profitable.• There are five waves in the direction of the main trend followed by three corrective waves (a "5-3" move).The Elliot Wave theory is that market activity can be predicted as a series of five waves that move in one direction (the trend) followed by three ‘corrective’ waves that move the market back toward its starting point.• A 5-3 move completes a cycle.And here’s where the theory begins to get truly complex. Like the mirror reflecting a mirror that reflects a mirror that reflects a mirror, the each 5-3 wave is not only complete in itself, it is a superset of a smaller series of waves, and a subset of a larger set of 5-3 waves – the next principle.• This 5-3 move then becomes two subdivisions of the next higher 5-3 wave.In Elliot Wave notation, the 5 waves that fit the trend are labeled 1, 2, 3, 4 and 5 (impulses). The three correcting waves are called a, b and c (corrections). Each of these waves is made up of a 5-3 series of waves, and each of those is made up of a 5-3 series of waves. The 5-3 cycle that you’re studying is an impulse and correction in the next ascending 5-3 series.

Learn Forex - Is Forex Trading The Ultimate Home Business Opportunity ?

That's true, you can be a trader at home. Forex, or Foreign Exchange Market is by far the largest financial market in the world. About $2 trillion are traded EVERY DAY. The Forex market is the currency market, where a currency is traded against another. Quick example : you buy a dollar and sell euros. Not that easy to understand. But can we do this from home ? Yes, we can. About ten years ago, you would need millions of dollars to start trading. Now you can start with a few hundreds of dollars.What you need is your computer and an internet connexion. You can trade from the comfort of your home, without having to deal with any boss or clients. You will only deal with money. Then you can start selling dollars and buying euros and make a profit. You have to find a broker, where you will open an account and funding it. You will also have the possibility to get a demo account and practice, with fake money but in the real time market. I strongly recommend you practice a few months before thinking of "live" trading.It is not that easy, it is extremely risky if you don't know anything about trading. First rule : don't invest what you can't afford to lose. Forex is not a game, there is a lot of parameters to take in account, and human factor is one of the most important in this business.You may have already understood it, currencies are traded by pairs. The european Euro versus the US Dollar, The US Dollar versus the Japan Yen, etc. When you buy a currency, you want to sell it later at a higher price. When you sell a currency, you want to buy it later at a lower price. This is how you make profit. Think like you were buying a foreign company share. You always want to buy low, and always want to sell high.What you are looking to when trading currencies is the exchange rate. This will tell you your next move. Buy or sell. Currencies are part of the economy of each countries. When the value of a currency is increasing, this means the economy is going better as before. The exchange rate can be viewed as the country's economy compared to another economy. This is why economic factors can help you to predict your next move. If you know that a currency will increase, you will buy it and expect to sell it at a higher price, a higher rate.You can choose the pair you want to trade, but the most people trade the main currencies, Euro, Dollar, British Pound, Japan Yen. And you can only choose to trade one pair only if you want. You are the only person that will make the decision. Hope you are making the good ones, profit can be huge, as well as losses.Like any business, forex trading has to be taken seriously. Lots of people are trading the forex and some are earning thousands of dollars every day. But it needs a lot of training, education and analysis before reaching such results. It can be the perfect business and actually it is for advanced traders.

News Last trading day: Friday, 17 April

2:05 PM - The market is looking good. Sensex is trading at 11284, up 337 points and Nifty is at 3469, up 100 points from the previous close. CNX Midcap index is up 2.99% and BSE Smallcap index is up 2.70%. The market breadth is positive with advances at 894 against declines of 324 on the NSE. » Send to friends1:56 PM - Hold IFCI with a target of Rs 28 and keep a stop loss of Rs 22, says Rajesh Jain of SMC Global Securities, on Zee Business.The stock is currently trading at Rs 24, up 3.3% on the BSE. » Send to friends1:50 PM - Buy HDIL on dips with a target of Rs 156-180 and keep a stop loss of Rs 120, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 135, up 8.7% on the BSE. » Send to friends1:42 PM - SMC Global maintains a buy call on ITC with a target of Rs 225 and stop loss of Rs 179, reports CNBC Awaaz. The stock is currently trading at Rs 191, down 0.23% on the BSE. » Send to friends1:37 PM - Sell RIL with a target of Rs 1650 and stop loss of Rs 1850, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 1763, up 1.5% on the BSE. » Send to friends1:31 PM - Hold IDFC with a target of Rs 75 after which it can show fresh upmove and keep a stop loss of Rs 58, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 66, up 1.9% on the BSE. » Send to friends1:23 PM - Buy PFC with a target of Rs 185 and stop loss of Rs 100, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 156, up 8.2% on the BSE. » Send to friends1:15 PM - There is an improvement in risk appetite in Asia, says Pratik Gupta of Deutsche Bank on CNBC TV18. There are no domestic triggers for the Indian market, but global cues will drive the market higher, he feels. In the near term, the market is likely to move in a range and unlikely to go back to the lows, he adds. » Send to friends1:07 PM - The Asian markets closed mixed while European markets have opened firm. Our market is seeing strong gains aided by buying in real estate, banking and metal stocks. Sensex is trading at 11172, up 225 points and Nifty is at 3434, up 65 points from the previous close. CNX Midcap index is up 2.63% and BSE Smallcap index is up 2.35%. The market breadth is positive with advances at 905 against declines of 300 on the NSE. » Send to friends

News Last trading day: Friday, 17 April

3:00 PM - The market is seeing a selloff and much volatility in last hour of trade. Sensex is trading at 10966, up 19 points and Nifty is at 3373, up 4 points from the previous close. CNX Midcap index is up 0.93% and BSE Smallcap index is up 0.26%. The market breadth is positive with advances at 646 against declines of 585 on the NSE. » Send to friends2:53 PM - Sell Educomp with a target of Rs 2200 and stop loss of Rs 2310, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 2210, up 0.1% on the BSE. » Send to friends2:47 PM - Buy Educomp for the long term with a target of Rs 2980-3000 and it has strong support at Rs 2000, says Shrikant Chouhan of Kotak Securities, on CNBC TV18. The stock is currently trading at Rs 2201, down 0.6% on the BSE. » Send to friends2:39 PM - Sell SAIL with a target of Rs 105-100 and stop loss of Rs 115, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 111, up 0.09% on the BSE. » Send to friends2:32 PM - Buy IDFC on dips with a target of Rs 75-100-125, says Shrikant Chouhan of Kotak Securities, on CNBC TV18. The stock is currently trading at Rs 66, up 1.8% on the BSE. » Send to friends2:25 PM - Sell DLF with a target of Rs 236 and stop loss of Rs 253, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 241, up 2.9% on the BSE. » Send to friends2:18 PM - Buy UTV on dips with a target of Rs 300 and stop loss of Rs 220, says Nishant Jain of Tradeswift, on CNBC Awaaz. The stock is currently trading at Rs 255, up 1% on the BSE. » Send to friends2:12 PM - Hold Dena Bank with a target of Rs 43-50 and keep a stop loss of Rs 36, says Simi Bhaumik, technical analyst, on Zee Business. The stock is currently trading at Rs 40, up 9.1% on the BSE. » Send to friends
3:28 PM - Buy 3300 Put and short Nifty futures with a stop loss above 3435 on a closing basis, says Rajat Bose, technical analyst, on CNBC Awaaz, as closing market strategy. » Send to friends3:26 PM - Hold Nifty long with a target of 3650 and stop loss of 3300, says Ashwani Gujral, technical analyst, on CNBC TV18, as closing market strategy. » Send to friends3:21 PM - Sell Maruti Suzuki with a target of Rs 800 and stop loss of Rs 850, says Prakash Gaba, technical analyst, on CNBC Awaaz, as closing market strategy. » Send to friends3:18 PM - The market needs to make a higher base, feels Ashwani Gujarl, technical analyst, on CNBC TV18. It is now a buy on dips market, he says. As long as Nifty does not close below 3150, the uptrend is intact, he adds. » Send to friends3:15 PM - The market needs to make a higher base, feels Ashwani Gujarl, technical analyst, on CNBC TV18. It is now a buy on dips market, he says. As long as Nifty does not close below 3150, the uptrend is intact, he adds. » Send to friends3:11 PM - Sensex has resistance at 11300-11700 and 3500-3600 on Nifty, says Anil Maghnani, technical analyst, on Zee Business. There is a strong tussle between bears and bulls, he feels. Market needs to come closer to 10246 for strong hands to re-enter this market, he adds. Nifty has strong support at 3170-3140, he says. » Send to friends3:06 PM - This is a liquidity driven rally and global investors are returning to India, especially China funds, feels Deven Choksey of KR Choksey, on Zee Business. This is a buy on dips and sell on rally market, he adds. This correction or consolidation will be healthy for the market, he says. On the upside, Nifty range is 3650 and 3250 on the downside, he says. » Send to friends

News Last trading day: Friday, 17 April

4:00 PM - Buy Reliance Communications with a target of Rs 235 and stop loss of Rs 224, says Sanjeev Agarwal, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 218, up 0.3% on the BSE. » Send to friends3:55 PM - Buy Areva T&D with a target of Rs 250 in 12 months, says S Ranganathan of LKP Securities, on CNBC TV18. The stock is currently trading at Rs 218, up 2.6% on the BSE. » Send to friends3:50 PM - Next week sugar stocks could rally further as also PSU banks ahead of the credit policy, says Ashwani Gujral, technical analyst, on CNBC Awaaz. It is a buy on dips for select stocks and not the time to book all the profits, he adds. » Send to friends3:42 PM - The is a buy on dips market as long as Nifty maintains above 3240, says E Mathew, technical analyst, on CNBC TV18. There is lot of opportunity outside of the index stocks, he feels. Buy Axis Bank with a target of Rs 575-580, he adds. » Send to friends3:34 PM - It was a choppy session for the market today but it closed in the positive. Sensex closed at 11052, up 105 points (provisional) and Nifty at 3397, up 27 points (provisional) from the previous close. CNX Midcap index was up 1.84% and BSE Smallcap index was up 1.13%. The market breadth was positive with advances at 660 against declines of 576 on the NSE. » Send to friends

News Last trading day: Friday, 17 April

4:22 PM - Buy L&T with a target of Rs 900-960-1000 and it has support at Rs 780, says E Mathew, technical analyst, on CNBC TV18. The stock is currently trading at Rs 866, up 4.2% on the BSE. » Send to friends4:19 PM - Buy Cummins India with a target of Rs 235 in the near term, says Ashwani Gujral, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 209, up 5.6% on the BSE. » Send to friends4:15 PM - Buy Sintex Industries with a target of Rs 224 in 12 months, says Hitesh Agarwal of Angel Broking, on CNBC TV18. The stock is currently trading at Rs 135, down 1.5% on the BSE. » Send to friends4:10 PM - Buy Advanta India with a target of Rs 750 in 12 months, says S Ranganathan of LKP Securities, on CNBC TV18. The stock is currently trading at Rs 515, up 8% on the BSE. » Send to friends4:04 PM - Buy CESC with a target of Rs 396 in 12 months, says Hitesh Agarwal of Angel Broking, on CNBC TV18. The stock is currently trading at Rs 244, up 1.22% on the BSE. » Send to friends

News Last trading day: Friday, 17 April

4:25 PM - It was an action-packed Friday as the Indian market lost its early gains and turned volatile on account of profit booking at higher levels. Sensex shut shop at 11023, up 75 points and Nifty at 3384, up 14 points from the previous close. CNX Midcap index was up 1.26% and BSE Smallcap index was up 0.57%. The market breadth was positive with advances at 611 against declines of 633 on the NSE. Top Nifty gainers included Unitech, Axis Bank and HCL Technologies while losers were Hindalco, Tata Steel and Cipla. » Send to friends

News Last trading day: Friday, 17 April

4:30 PM - It was a decent week for the Indian market that continued to rally with a marginal correction on account of a truncated week and profit booking at higher levels. Experts feel this rally has some more legs so one should only do partial profit booking. This week's average figures were: Sensex up 2.35% and Nifty up 1.65%. BSE Midcap index up 5.3%, BSE Smallcap index up 5.4% over the week. BSE Bankex index up 10.6%, BSE Realty index up 7%, BSE Consumer Goods index up 6.6%, BSE Auto index up 4.5% and losers were BSE IT index down 1.4% and BSE Oil&Gas down 1%. » Send to friends

THV System, first day of testing

Here I am came back to my blog, after some months of inactivity. In this period I've not traded much days. At first time, I tried to trade with almost no indicators, with some good results (in particular, with the Cyrox Scalping Method, search on Google for more details). But I decided to abadon this way, due to my deep need to have a solid system to trade with. So I looked for EAs. I tried to change my negative thought about them, with no succsess.And now I am here, back to origins, but this time I've found something better than the old "Trend Follower" method.THV by cobraforex, is a very efficent system now at his third (and final) version. I've been knowning this system since the first posts, but only now it has reached a high level of efficency.Just check it here on forexfactory.com and you'll be surprised of it.
My goal is reaching an average of 100 pips / month.
This is because trading with 0.2 lot for every 1000 € (or $) 100 pips are always equal to a net +20% gain / month. For example:
If my account balance is 20.000€:20.000/1000 = 20Lots per trade: 0.2 lots * 20 = 4 lots So 1 pip is 40€.Then calculate how much money are 100 pips: 40€ * 100 pips = 4000€
And if you check, 4000€ is the 20% of a 20.000€ account:( 4000 / 20.000 ) * 100 = +20%
THV System test settings:

Starting Acc. Balance: 5000€Lots for every 1000€ in account: 0.2 Lot
Pair: Only EURUSDTimeframe: 5M (but I check H1 for main trend)Spread: FIXED 2 pips Broker: Activtrades
Entry rules (Long):- Fast TRIX cross Slow TRIX and both TRIX must be green when crossing.- Price is above Coral line.- There isn't a reversal signal such a RSI "worm" when both TRIX cross.- TRIXs aren't in overbought areas.Exit rules (Long):- Fast TRIX change color (at the end of a candle).- A red RSI "worm" is displayed.- TRIX touch the overbought area.
This is my first day of trading with this method, but I stayed in from of my pc only one hour.
For a better understanding of my results i decided to report only my balance in pips. In fact in an € account, a 10 pips trade with 1 lot is 100€ gain.