Thursday, July 15, 2010

Jeju Island in South Korea

Jeju Loveland (also known as Love Land) is an outdoor sculpture park which opened in 2004 on Jeju Island in South Korea.
The park is focused on a theme of seex, running sex education films, and featuring 140 sculptures representing humans in various sexxual positions. The park’s website describes the location as, “a place where love oriented art and eroticism meet.”
Loveland started way back in 2002, when 20 artists, graduates of Hongik University in Seoul, began creating sculptures in the area. Visitors can take a 10-minute taxi ride to Jeju Loveland straight from Jeju Airport.
Jeju Island was already a popular destination for honeymooners, being the southernmost and therefore the warmest region in Korea











Forex Swing Trading Method - A Simple and Effective Way to Make Triple Digit Gains!
There is no better way to make money in Forex than by using a swing trading method; swing trading is easy to understand, exciting to do and best of all you can make big profits with a simple trading strategy. Let's look at our swing trading method for success.

Swing trading is based on a simple concept which is when the emotions of greed or fear are present traders will push prices to far to the upside in a bullish market and to far to the downside in a bearish market. You can see these short and steep, price spikes occur, in any currency pair and they don't last long, as prices quickly return back to fair value.

The swing trader takes advantage of these price spikes, to sell into overbought levels and buy in to oversold levels and make a quick profit, as prices fall back to fair value. The concept is simple but how do you know when to buy or sell?

In the example below, we will look at a bullish market which has moved to far to the upside but of course the same method can be used in a market which is oversold.

- Watch for a steep rise in a bull market which takes prices away from the underlying trend

- Get some momentum indicators and watch for them to reach overbought levels. These indicators are easy to learn and are all visual and are based on the concept of measuring the velocity of price. Good ones to use are the RSI, Stochastic and MACD. There are many more but you just need a couple to time your trades.

- Once the indicators are overbought, look for a level of resistance above the price you think will hold the advance.

- Wait for momentum to diverge from price and execute your trading signal. Trading divergence means you have an early warning sign that a trend change is coming.

- Your stop goes above resistance and you set a target on the downside just above fair value where you think the price will come back to.

- Wait for your target to be hit take your profit and go flat.

- Always keep in mind, the bigger and steeper the price spike and more overbought momentum is the better the trade is likely to be in terms of profit potential.

So above you have a simple Forex swing trading method and don't be deceived by its simplicity it works and each currency pair will normally give you a couple of trading opportunities per month you can make triple digit gains from. Forex swing trading can make you a triple digit income in around 30 - 40 minutes per day and is suitable for both novice or professional traders.

No comments:

Post a Comment