Predicting Monday Prices Based on Friday Price

Does Friday’s Stock, Options or Futures Price Action Predict Monday’s Price Movement?

Is it possible a market trading methodology or trading system can be profitable based on a simple trading method involving Friday’s prices to successfuly predict the opening price on the following Monday?

This trading pattern does not appear every single week but it’s often reflected in the financial markets. And when it does appear, the following Monday’s prices tend to perform in a predictable manner, possibly leading to trading profits got you.

The trade setup uses the opening and closing prices on Friday to trend in the same direction. Interim price movements and trend directions are not relevant for this trading method.

Stocks and commodity price openings don’t need to go too far past the first several ticks, as a price-gap which quickly reverses is sufficient for the purposes of this trade method, but that’s the direction the closing price needs to trend.

Monday’s opening price is likely to first start trending in the same direction at the opening of tradding vs the pattern of the two prices Friday moving in the same direction as each other, then Monday’s open is likely to start trending in the same direction imediately after the opening occurs.

Do your own technical narket analysis of old market price action based in one-minute bar-charts or real-time tick-charts to view the price action and weekly market trading patterns. You will see it sometimes does not work all weeks but does appear to be better than 50% reliable.

This simple but interesting trading method may work particularly well involving commodity futures trading in addition to stock market and foreign exchange market trading of the Forex Futures markets. Iy has not been tested in the futures optiosn maret but there is a good chance it will work there too.

Simple but Excellent Commodity Trading Method

It involves buying so called higher swing-lows and selling so-named lower swing-highs. Also known as pivot-points. A definition of these swing-highs and swing-lows is appropriate here: A swing-high is a high bar with lower bars on both sides the bar. Whereas, a swing-low is a low bar with higher bars on both sides.

The more lower bars to the left of a swing-high the better. The more higher bars to the left of the swing-low the better. That makes them more significant and presumably more powerful swing points. However, only one bar on either side is still acceptable (but two or more to the left are usually stronger trade signals).

My trading methodology requires two (or more) consecutive swings, with the second one being a higher swing-low vs the preceding one for a buy. Alternately, the second swing-high needs to be to be a lower swing-high than the preceding swing for a sell signal.

The actual going long trade entry takes place on a buy-stop 2 ticks above the high price of the last bar (the bar following the swing-low pivot bar), for a buy. The short trade signal takes place on a sell-stop at 2-ticks under the lowest price of the last bar (the bar following the swing-high pivot bar), with a sell.

Your stop-loss order is placed 6-ticks under the lowest price of the last swing-low bar on a long trade. The short trade stop goes 6-ticks above the highest price of the last swing-high bar.

It’s possible for you to make excellent commodity futures profits from using this simple, but very effective trading methodology. Authored and Copyrights by David Green. All Rights Reserved.

Pros & Cons of using a Foreign Domain Registrar

Domain name registrar and parking provider Fabulous is a top-notch choice and industry leader with excellent prices, benefits and great support. However, the liability avoidance reason mentioned by Rick at Rick Latona’s site for using a non-US based registrar such as Fabulous.com seems to be a double-edge sword in that I have been told by a well known domain attorney that it could be a big negative. The reason it can become a major issue is apparently due to the dispute rules the plaintiff can file a lawsuit either where the registrant lives *or* where the registrar is located. If they know you are in the US and the registrar is in Australia (in the case of Fabulous.com) and they are a large corporation they may have a law firm or business presence (possibly an office) in AU where they could file suit there instead of in the US thus making you travel all the way down-under to AU for court appearances and also a need for you to hire an AU IP Attorney at high cost.

It’s Always Tough Giving a Buy Price or Sale Price

One of the the most frustrating things about the domain name and website business is that in the normal course of business (even if the name or its website is not listed for sale) there will be occasional unsolicited offers to buy your domains and/or websites but most everyone has great reluctance to make the first move regarding a sales price.

In all likelihood, the typical great reluctance by both buyers and sellers to name an agreeable price results in the large majority of web site or domain-name potential transactions failing.

A prospecive buyer does not want to give a specific offer because of two reasons:

1. The prospective buyer is thinking the offer may be more than sellers expected price so seller will accept it right away and he would pay more than was needed.

2. Conversely, buyer is thinking his proposed price is too low so seller may act negative and not respond at all or else act insulted replying with a sky high price of say $50,000 for a domain he really would normally sell for $5,000 or less as an example.

A potential seller does not want to give the buyer a specific buy-it-now price due to two reasons (this is especially applicable if the buyers full identity is not known):

1. Seller may be thinking the accepable buy price is lower than what buyer was really willing to pay. Thus buyer will accept the price and domain or website would get sold for less than its potential price.

2. If proposed buy price is perceived as too high by the potential buyer it may turn buyer negative and buyer will nt reply at all. That would be unfortunate since seller may in reality accept much less than the quoted high price but never has a chance to negotiate the price since buyer already walked away or went on to an alternative name for sale or a newly registered domain.

Not really sure what solutions there may be to this ongoing problem, which in-effect stands in the way of a great number of sales. Anyone know a way to avoid this?

Achieving Success at 9 AM thanks to 09 09 09

Today was a very special date being 09 09 09 but to make it even more unique I am able to add one more 09 (AM) to make it 09 09 09 09 which is real cool (in more than just the interesting numerology way).

I wished real hard for personal success today starting at 9 AM and that praying for business and personal success actually happened with a great achievement and victory this morning, which I can’t go into detail about at this time (but will do so when more appropriate).

Anyone else have something good happen today 090909?

Lower Domain/Website Income vs Higher Costs

Most everyone in the domain name and website development industry is reporting sharp declines of from 65% to as much as 85% in Pay-Per-Click (PPC) Advertising Revenues compared to a few years ago. The income declines appear to go well beyond the overall decline in the economy, with several other factors involved in the big declines.

Making matters even worse is the future scenario of sharply higher cost domain name yearly renewals since it looks like the domain registry operators will be able to soon charge whatever they want for yearly name renewals, with non-fixed and non-regulated pricing looming on the dark horizon.

The double edge sword of low income combined with expected greater costs could easily put an end to the domain name industry as we now know it. Comments on this bleak outlook are welcome…

Amazing Method for Reducing Trading Risk of Loss

This Special Report reveals an amazing method we can teach you to reduce risk of loss when trading the financial markets by staying in good trades, but trading with small stop-loss orders to avoid large trade losses.

Always using a stop-loss order is normally critical to commodity futures trading success. The most famous stocks and commodities trader of all time, Mr. William D. Gann, said repeatedly in his books and commodity course that it’s always critically important to place a stop-loss order on each trade you make. That way bad signals and losing trades will not likely wipe out your trading capital, thanks to your stop-loss order giving you some protection.

Most trading systems and trading methods require fairly large stop-loss orders. That is because stops are frequently based on one or more of the following logical (but frequently ineffective) trading methodologies:

Place a stop-loss order at a pre-determined percentage of the true daily trading range. For example, if the true daily range or average of recent true ranges (High minus Low, plus any gap between prior close and today’s low or high) is say 83 points, then the stop may be set at perhaps 120% of that range or about 100 points. In the Deutsche Mark that equals $1,250.00 stop, plus any price slippage..

Another method is by placing a stop-loss just under the last swing-low or pivot-low. Note: A swing-low is a low point with higher prices on each side. For example, if last swing-low was at 7650 and price moves up for a few days to say 7750, then triggers a buy signal, stop may be placed just under the low price of the low day, perhaps at 7649. Unfortunately, that example means a potential risk of over 100 points ($1,250.00+). Of course, the reverse is also applicable on a sell position, with the stop being just above swing-high.

Using a moving average penetration as a stop, i.e., place a stop on a long trade at just under a simple moving average, possibly based on a 9-day average. The trouble here is that if we entered long at about 77.50, by the time the moving average is penetrated by the price, the moving average may be well below the market (due to its inherent lag-time), at 7600 or so. That results in a stop-loss at 7599 stop, and a risk of about $1,900.00.

One more stop-loss trading approach is to place a stop order under last week’s lowest price. This method may be even riskier because last week’s low may be 7550. That requires a stop of 7549 or lower, and a risk in excess of 200 points or over $2,500.00.

Another simple and a completely unscientific trading approach is known as a "money stop." It involves setting an usually arbitrary stop based on either the maximum money you wish to lose, or stop based on a reasonable sounding number of points or dollars.

As an example, psychologically you may not want to lose more than $1,000 so you set your stop at a price equaling $1,000 loss potential. That number is arbitrary, so it may turn out to be either too small or too large, depending on the volatility and the market involved. For example, perhaps it’s too small a stop for T-Bonds when they’re volatile or too large when they are dull. If using the $1,000 stop-loss in the Corn market or another low-risk low volatility market, it may be too large a stop to use.

By now you may be asking if there’s a better way to set market stop orders more scientifically and with better reliability and accurately, thus enabling me to keep risk low and still avoid getting "stopped-out" needlessly and stay in the potential winning trade?

The good news is a big YES, there is a way to do much better. By using Webtrading’s "Drawdown Minimizer Logic." Drawdown Minimizer Logic is an amazing and proven way to set stop-loss levels very tightly to guard against large losses, yet keep the stop scientifically and strategically placed just far enough away to prevent premature hitting of the stop-loss; thus keeping you in most trades instead of being stopped-out at a loss. Don’t worry if this methodology seems too technical, because it’s basically simpler than it appears.

You may be wondering if our confidential “drawdown Minimizer logic” stop-loss methodology will be disclosed? Yes, we are willing to reveal this secret ingredient to commodity futures trading success to traders who sign-up to our news feed. That is how you can soon learn about our incredibly valuable information which can lead to making-money trading the financial markets…

In the upper right area of this web-page you will see a signup area which says “Sign up to receive breaking news as well as receive other site updates!” Simply add your email address and click go. We plan to reveal the details about how you can access the information in the near future, so please be patient as you wait. And by the way, I promise your email address will be kept confidential, never shared with anyone, or published anywhere and you will not receive too many emails.

It Sure Seems Difficult to Get Affiliate Referrals

Here is a transcript of a recent live chat session with a well known domain name firm who offers developed sites either free or for a monthly fee and has what sounds like a lucrative affiliate program. For the benefit of those who don’t know, an affiliate program is where you get commission based on the income of the person you referred. The affiliate income you receive comes from the company and not out of the revenue of the referrals account (according to the terms of all ther affiliate program agreements I have seen).

Support: Hi, how may I help you today?

Me: Hi, regarding your affiliate referral program. I have HEAVILY marketed it with probably 100’s of forum posts and our affiliate link being on each post in the signature area, plus marketed it in my Blog too which gets good and relevant traffic but no affiliates are reported by you under me from all that time, work and energy I put into it.

Me: Are you sure your 90-day Cookie which identifies those who clicked the link for the next 3-months is really working?

Support: Yes, as far as I know. I can double check yours. Ok, please hold. Ok, I see your referral link is working fine. But I noticed that not all of your websites have the “develop your domains” affiliate link placeholder on the site.

Me: Right, because it detracts from the web site in my opinion.

Support: And you are using the correct referral link which is this number (example 12356789)?

Me: Yes, that number is accurate.

Me: No one could have possibly marketed your affiliate program more than myself recently what with 100s of forum board posts and many other posts including website blog articles but not even 1 sale from all that time, work and energy! My one and only affiliate was from personal level marketing I did with a close friend.

Me: What a complete waste of my time this has been. I will not be offering the affiliate code in blogs and forums anymore since it is an exercise in futility ASSUMING the COOKIE really is working for 90-days.

Support: Well, it could take some time for you to see the results

Me: Why?

Support: It would be difficult to predict any kind of average time

Me: If someone wants to sign up for an account why would they delay?

Support: Well, all new sign ups do need to go through an approval process

Me: But that takes a few days and I have been marketing your affiliate program for a much longer time (about 2-months) so that it makes no sense (to not even get one referral with all that effort).

As a side note I can say I did not market this affiliate program for only monetary purposes as I sincerely felt these sites were excellent and had great potential and in fact still feel that way today. That is a reason I marketed the affiliate program as much as I did since I felt other domain investors could also use this web site development service well. However, with that said, any revenues from the affilliate program would have been most welcome, especially in view of substantial declines in my other income sources.

The hard to believe poor results affiliate code was immediately removed in my signature lines at the 3 forums and I stopped the marketing of their service (at least from the affiliate aspect) since this entire affair and this support chat made little sense to me. Unfortunately, I suspect non-crediting (for whatever reason) of affiliate referrals may be more common than you would expect.

The Secret Identifying an End-User vs a Domainer

A “domainer” is a person or business who invests or trades in domains with the goal of reselling them for a profit, flipping them, or buys domain names mostly to park them with a domain parking firm running so called “Pay-Per-Click” advertisements on the web-pages with generating income (getting paid when a visitor clicks on ads on the page) in mind. Some domainers are also developers in the sense they develop a number of so called “minisites” which are small websites (often 5 web-pages or less).

A major intent with minisites is also to receive PPC income (typically from Yahoo or Adsense ads appearing in the pages), or from Affiliate program sales. However, some minisites may also offer various products and services for sale, often accompanied by advertising. Sometimes the minisite may be developed to help enhance the value of its corresponding domain name and bring traffic to it since it has been developed and may be listed well in the search-engines as a result of development and search engine optimization (SEO) work.

An end-user is much more likely to pay a significantly greater price for your domain vs much lower price offers you will get from domainers. That is to be expected since the end-user buyer is much more serious about putting the domain name to good commercial use compared to a typical domain-name investor or domain speculator.

Now for the secret to being able to successfully say with good accuracy the sales inquiry you received is from an end-user vs a domainer. The obvious way to figure it out is what is commonly done such as “googling” the persons name or email address and looking for other clues involving the identity of the person who has inquired. Those methods may or may not work well and often are unreliable.

The secret we have discovered over the years follows Occam’s Razor theory in that sometines the most simple answer is the correct answer. For more on Occam’s Razor please visit Occam’s Organization. So our secret is a true end-user will rarely if ever ask questions such as how much traffic or how many visitors does the domain or website get? What is its revenue? Where do the site visitors come from? Does it get typein traffic? How consistent is the site traffic? etc…

If you get questions like that it is quite likely you are dealing with a domainer or domain investor. If those question are not asked it is real likely the inquring party is a true end-user, who will in all likelihood be prepared to pay substantially more for your domain name or website vs the average domainer.

As to why it matters that much to know you are dealing with an end-user, it’s based mostly on the fact an end-user buyer is significantly more likely to pay far more money vs a domain name investor. That more than likely scenario is to be expected since the domainer wants to buy at or near a wholesale pricing level compared to the retail price range end user buyers often are willing to pay. That variation makes a major difference in the domain/website selling or not selling and in its final sales price .

Consumer Credit Card Warning – Press Release

The major credit card banks and firms including American Express, Discover Card, Visa Card and Mastercard are currently allegedly doing everything they can which in-effect seriously impacts credit card users and of major detriment to the already poor economy and public interest. They are doing things such as sharply lowering credit limits, restricting and closing accounts sometimes arbitrarily, imposing excessive fees and high interest rates. Much of those customer negatives are being done with flimsy, little or no valid reason.

A major impact of those credit-card issues is not only the significant lowering of consumer spending power and access to credit for emergencies but also reductions in FICO credit scores which occur when your credit card balance becomes a higher ratio vs your credit limit. That severely impacts other loans including car loan and home mortgage interest rates which rates can be significantly higher as a highly related side-effect and end-result of how poorly the large credit card issuers are treating many of their credit-card holders.

Still another serious issue is the fact credit-cards routinely permit you to exceed your assigned card credit limit. For example, we have been told by a Wells Fargo bank card employee they allow credit limits to be automatically exceeded by as much as 20%. At first you may think that is actually a nice benefit from your credit card issuer but unfortunately it may sometimes turn-out to be a nightmare.

The reason it’s really a major negative for you is the fact unless you promptly pay the full over-the-limit amount along with your regular payment there are substantial costs involved, i.e. approx $39 over-limit fee, $35 late-charge and you can also expect a huge increase of your card interest rate to say 24.99% or even more with some credit cards.

Remember, all that severe damage to your finances can happen even if you exceed your credit limit by an insignificant amount, perhaps just a few dollars possibly resulting from you not closely monitoring your credit card account balance on a daily or even a real-time basis, as consumers do not do.

Keep in mind as long as you fail to pay the exact over-limit amount and all the high associated costs they continue to be charged each and every month. Very quickly the monthly fees can easily exceed your minimum payment amount by as much as 150% or more from what we have seen, i.e. minimum payment of about $80 but monthly fees and interest charge of roughly $200 per month.

In-effect that means the credit card account will never be paid off and balance will only increase for years into the future unless you come into lots of money one day to pay the credit card off, or you could easily owe hundreds of thousands of dollars on your original low balance credit card over time!

Capital One Credit Discrimination by Zip Code

There have been ongoing rumors since credit became tough to get that some creditors (American Express in particular) have been rejecting new applications or reducing existing customer credit limits based on where the borrower lives. It was said American Express was doing so on the grounds that home prices and foreclosures were worse depending on your zip code. That’s a reason there are new AmericanExpressSucks and other protest websites appeaing on the internet.

Now we have first-hand evidence that credit discrimination based on where you live is in fact hapenning.

Here is a letter from CaptalOne (the big credit card firm) I now have in my hand dated April 5 2009 which say’s “Thanks for your recent request for auto financing. After reviewing your application we cannot grant your request for credit because of worsening economic conditions in your area, in addition to the year of your mortgage.”

So basically it means because the applicants geographic area has lots of foreclosures and his/her home may possibly have upside down home equity thay are not able to buy a new car!

It’s interesting to note the Capital One credit turn-down letter does not mention the normal credit rejection reasons such as past due accounts and negative credit issues. I think that’s a real shame and huge consumer letdown issue which can only make the economy worse (not better) due to reduced credit availability, combined with less retail sales as a direct result.

If this discriminatory credit “redlining” was done by home lenders or Realtors® involving real estate sales it’s believed doing so would be illegal and subject to presecution and fines so why is it legal to discriminate by credit card firms and auto lenders?

That kind of blatant credit discrimination and redlining needs to be complained about to the Federal Trade Commission in our opinion. You may file a consumer complaint at this FTC web site http://www.ftccomplaintassistant.gov

Millionaires getting hit very hard by financial crisis

The numbers are in from 2008 in comparison to 2007. The statistics reveal millionaires are getting hit very hard by the financial crisis. The U.S. population of millionaires fell signficantly, down 27% from last year, according to a new study by Spectrem Group. The biggest percentage drop since the wealth-research firm started collecting its statistics about a decade ago. The Chicago firm’s millionaire population study showed the number of households in the U.S. with a net worth of more than $1 million (not including their primary residence) dropped to 6.7 million in 2008 million from 9.2 million in 2007.

Can you imagine how much worse the drop is now since the nations economy has deteriorated so much more and deeper in the past few months compared to last year. Even the full impact from the Bernard Madoff scandal is probably not reflected fully in the Spectrem data since its effect on untold 1000s of millionaires may not have been taken into consideration in the year 2008 data but will surely be included n the 2009 millionaires wealth statistics.

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