LS Trader brings profit opportunities to Traders

"We are looking for some good trends to develop over the final third of 2009" said Phil Seaton Head of research and technical trading systems development at LS Trader. “Our research shows that markets tend to have 2 phases, trending and consolidating, and that after a prolonged period of one there is an increased likelihood of a prolonged period of the other to follow. Last year we had some huge trends across many markets but this year has been a very choppy and relatively trendless year so far. ”
One of the best performing markets over the summer has been the stock markets, which have racked up huge gains since the March lows. However, a look at trading volume shows that although the markets may be rising, major fund money has not been involved much in the move as volume is light. If and when fund money does arrive, we may see this push the markets even higher or lead to a steep sell off. Either way, we are likley to see some movement.
Users of technical trading systems, especially trend following systems will likely have experienced a tough year so far due to the high volatility and brutal consolidations present in so many markets this year. This often leads to fakeout moves knows as whipsaws, which means a market briefly moves out of a trading range and attracts buyers, only to reverse as soon as the technical trader buys and the market falls back within the trading range, usually leading to the technical trader liquidating his position for a loss.
Phil Seaton added that “Over the summer we have seen light trading volume and low liquidity in several markets and we expect this may change from early September as the fund and money managers return to the markets after the summer. This may well lead to breakouts and strong trends from the current consolidating phase present in many markets”.
For more information about LS Trader and their technical trading system please visit: www.lstrader.co.uk

About LS Trader
LS Trader is a leading financial spread betting information service which provides information on 43 futures markets. The system is perhaps best known for the outstanding returns generated in 2008 where the system produced profits of 1504.1%. The service publishes the trades exactly as and when the system indicates new trades and this includes entry and exit prices as well as portfolio selection and money management rules.
Contact Address
You can contact LS Trader by email at support@LSTrader.co.uk or write by post to LS Trader at
The LS Trader Group, 2nd Floor, 145-157 St John Street, London, EC1V 4PY