AUTOCHARTIST TRADE IDEAS

Transcription

1 A QUICK START GUIDE AUTOCHARTIST TRADE IDEAS Sometimes, it s hard to know what to trade. Even if you do your research, you may still wonder if the trade you set up will go the way you want. Now, you can feel more confident with your decisions with Autochartist Trade Ideas, an application that provides you with real-time trade setups. With it, you can make more informed trades, validate your existing analysis and strategies and reduce the amount of guesswork behind your positions. In this guide, we ll show you the features of Autochartist Trade Ideas and how they can help you trade.

2 REDUCE THE GUESSWORK, START TRADING Autochartist Trade Ideas gives you the critical information you need to place a trade. When you click the Autochartist Trade Ideas link in the Analytics page of DealBook, you can view a list of the latest trade alerts based on real-time market moves In the Trade Setup section, you can view the suggested currency pair to trade, whether you should buy or sell the pair, and the prices at which to open your position and set your stops and limits GFT Autochartist Trade Ideas 2

3 Forecast Pips Forecast Period Pattern Detection (GMT) 11 0d 10h 15m 06-Apr-10 18: d 1h 0m 02-Apr-10 10:00 Trade alerts will display a forecast of how many pips the trade could generate. You can also view when the Autochartist Trade Ideas detected the trade setup and the time frame in which the trade may unfold. 24 1d 14h 0m 07-Apr-10 17:00 VALIDATE YOUR EXISTING ANALYSIS AND STRATEGIES Probability Symbol Trade Setup AUD/CAD AUD/CAD With every trade setup, Autochartist Trade Ideas displays a probability rating, showing the likelihood that a trade recommendation may hit its target. If you want to view more information, click the Chart icon ; this displays a separate window where you can view the chart for the selected currency pair and a list of quality ratings. AUD/USD The chart window displays the price movements of the currency pair, the pattern behind the trade alert, and the forecasted target price region.it also lists pattern information and quality ratings, such as clarity, breakout and uniformity, beside the chart. GFT Autochartist Trade Ideas 3

4 FIND THE SETUPS YOU WANT While you can see the latest trade setups whenever you open Autochartist Trade Ideas, there are times when you need to view trade setups for a particular currency pair or view ideas in a specific order. The Autochartist Trade Ideas provides several tools to help you filter and sort trade setups. Duration You can use the Duration drop-down menu to specify if you want to view short-term, medium-term and long-term trade setups. Autochartist Trade Ideas considers any trade with a forecast period of less than 24 hours to be a short-term trade. Medium-term trades are under three days. Long-term trades are more than three days. Currency Pairs Autochartist Trade Ideas displays trade setups for these 18 currency pairs. You can use the Currency Pairs drop-down menu to select a specific one. EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, AUD/USD, NZD/USD, AUD/CAD, AUD/JPY, AUD/NZD, CAD/JPY, EUR/AUD, EUR/CHF, EUR/GBP, EUR/JPY, GBP/CHF, GBP/JPY, CHF/JPY If there are no alerts for a particular currency pair or duration, Autochartist Trade Ideas will hide the list when you select the currency pair or duration from the drop-down menu. Symbol You can sort the currency pairs that have trade alerts by clicking the Symbol heading; this sorts the currency pairs in descending alphabetical order. Click Symbol again to sort in ascending alphabetical order. Probability You can also sort the trade alerts by their probability rating. Click the Probability heading to sort the currency pairs by their ascending probability rating. Click Probability again to sort the trade setups by their descending probability rating. When you don t want to view a particular trade setup, you can click X in the Hide column to temporarily remove it from the list. At any time, you can click Reset to Default to reset the page so it displays all trade setups. GFT Autochartist Trade Ideas 4

5 STAY ON TOP OF THE LATEST TRADE IDEAS You can access Autochartist Trade Ideas from the Analytics Page in the DealBook WEB and DealBook 360 trading platforms. SIGN UP FOR AUTOCHARTIST TRADE IDEAS Reduce the amount of guesswork in your trades. Validate your existing analysis and strategies with Autochartist Trade Ideas. Our GFT account executives are happy to help you sign up for a subscription. Learn more by using one of the methods below to contact us. gftasia.com / LIVE TEXT CHAT 24/7 SINGAPORE MAIN IMPORTANT NOTE: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Past results are not necessarily indicative of future results. Forex trading, with or without Autochartist or any other system or service, presents substantial risk of loss, and only funds that a customer can afford to lose should be used for trading. This information was obtained from sources which Global Forex Trading ( GFT ) believes to be reliable, but such information has not been independently verified or audited by GFT, and GFT assumes no responsibility for its accuracy Global Futures & Forex, Ltd. All rights reserved. CD04S GFT Autochartist Trade Ideas 5