Sponsored Post: Eminiforecaster

I received an sponsored post request through ReviewMe for Eminiforecaster.com.  I think this site is worth checking out.  Here’s a summary of some of the information I found on their site.

Eminiforecaster uses what is called G-Lines to predict the direction, swings, pivot points, highs and lows of the stock market one week in advance. They post their forecasts every Sunday so you can get prepared for the week ahead.

Swing Trading is the name of the game according them, whether you are trading SP500 Emini Futures, DOW, Nasdaq or SPY (spiders) you predict you will benefit from their weekly forecasts.

Their method of forecasting system is very complex, but in a nutshell they calculate different cycles in the market and our computers spit out the forecast for the following week. These forecasts are best suited for swing trading and even daytrading. 

They post a good track record (I haven’t audited it). On a week to week basis they predict the direction of the trading week with nearly 85% accuracy. Open to close on each day is about 80% as long as they get the direction of the week correctly. 

The service is really about three things: Pivots, Direction and Absolute levels (amplitude). Therefore, it is really important to identify the high and low pivots (in time, not price) to see where the trends will change. Their forecast will show you the high or low pivot point.  You can trade quite successfully from point to point. 

Another way to trade is to take shorter trades that set-up where the market diverges from the correct direction (based on the pivot to pivot analysis described above). Simply trade in the direction of the forecast where either a) the market has retraced away from the forecasted trend or b) where it has taken out a previous low or high from the previous day (or some other significant level).  Keep in mind, lower risk strategies are often associated with making trades at price levels at or near forecasted weekly pivots and not in the middle of a pivot cycle.