» Mataf

Hello traders,

Thank you very much for your answers and your messages. I made a list with your suggestions:

Publish a record of the trades: I tried to do it in 2005 and I stopped because it takes too much time. Many of you require this information; I will probably publish some trades but I won’t (I can’t) give you detailled results.

More pair (EUR JPY, GBP JPY): OK. I add in the to do list.

Analysis for different time zones (twice a day): I did it but it takes a lot of time (again) I will make an effort.

More explanation: I can’t because i have an automatic system to translate the analysis in English, Spanish, French, Portuguese and Italian. And I don’t have enough time to write a long explanation.

Fundamental analysis: I only look at chart.

5 or 15 min indicator: I use 15 min indicator but I do not have good signals on it. Sorry but it’s impossible with my system.

Propose 2 scenarios: Only one. I don’t take 2 positions so I won’t give two directions :)

Remind the previous position and adjust the strategy instead of give a new trade: It’s a good idea. I’ll try to find a solution.

What does mataf means? Look at http://ams51.free.fr/amsterdam/bringues/mataf/mataf.htm (Mataf is the name of the little house)

Conclusion:

I will work on a new system: I’ll probably publish forecasts only if I have a signal (except for EURUSD and GBPUSD) but I’ll include more pairs. I’ll try to publish twice a day (European and US session).

Thank you again.

Today I received this email.

Do I have to change my analysis? What can I do to improve forecasts?

New on Mataf.net: you can receive SMS alerts when I update the technical analysis.

Since last week I have a twitter account where I post alerts when I update my technical analysis http://twitter.com/forex. If you create an account on Twitter and if you add me as your friend, you will be able to be informed by SMS when I update the technical analysis. You just have to give your phone number (http://twitter.com/devices).

More breaking news about the contest: FXstreet.com has extended the registration period. Now traders whiling to participate will have the opportunity to sign in until June 15th!!

Become the FX Trader of the Year and win juicy prizes such as:

• An exclusive Gold Passport to Online Trading Academy courses, valued at more than $40,000.
• The chance to manage an account at Svenska Valutagruppen AB with $250,000
• A free entrance to FXstreet.com International Traders Conference, including accommodation, breakfast and lunch.

More information

As I promise you, I improve the trading tools on Mataf.net. The first development was for the currency correlation. I keep the cross correlation table but I give the possibility to chose the pair you want. On a second page you can analyse the correlation between one pair and the market, the result is given as a radar plot, I think it’s the most clear representation. On the third page you can analyse with many details the correlation between two pairs.

The charts and the tables can be used on your website, your blog or in a forum. You just have to copy/paste the code below the plots.

I hope you’ll enjoy :)

You are now more than 6000 to receive the daily alert via our Yahoo group currency trading and more than 900 with the french alerts. Every week we have 80 new members.

This news is justifying to continue. I will buy a data flow in real-time to improve the various tools which you find on Mataf.net (pip value, correlation, volatility…). From here a few days the first applications will be on line.

I wait for your suggestions to improve or create new trading tools.

The website Top 100 forex sites rates and sorts the best forex trading sites by popularity. Currently they have 379 websites in their data base.

According to their classification www.Mataf.net is the 5th just before major websites as Fxcm, Saxobank or Fxstreet. Even if this performance is interesting for my ego I have to consider that the 300′000 monthly visitors of Mataf.net are not enough to beat Fxstreet, Saxobank or Fxcm… That will come :)