Article contest
Random question
Q: Jforex crash
Sort by:



OOOPS this is daily support level
Oh price retraced from monthly support level
Aaah here comes the fib retracement
Ouch 89 days moving average approaching.
Market is oversold …………..

Why there are so many complexities, how much things to remember, isthere a simple way to trade and do the Market movers take into account all these level,

People usually think in round numbers are more comfortable to start or end a trade in round numbers, which will help them in easy calculations. This is general psychology of human beings. If some one were to ask you how much you spent on your computer, you’d likely respond with an amount rounded to the nearest hundred like $900, or $800. For simplicity, most people most of the time will automatically round to the nearest whole number.

And this happens in trading too.

Sowhen a large number of traders are trying to close their trade when the price reaches a round number, there will be a change in momentum of price. If the price is in uptrend and when more traders are trying to take their profit at a round number level, the price will cease to move up causing a change in direction.

The wholenumbers trading

Traders will oftencall…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 4 | Likes : 4
This is a series of 2 articles.

Part 1
Trade management or money management? Often times it is confusing. I would refer to money management when choosing how to treat all of capital available for trading. For instance, trader wants to increase his lot size per each trade only after the capital has increased by 20%. However we would talk about the trade management when trader decided to move his stop loss to break even as soon as the trade has moved certain amount of pips in his favor. These are just two simple examples to illustrate the difference between both.

By knowing the proper ways of how to implement trade management based on a specific strategy trader can improve his overall performance significantly. Trade management is used mainly for 3 reasons which are to protect capital, to increase profits and to improve entry and exit.
These two articles will cover following techniques:
  1. Pyramiding ( averaging in or averaging up )
  2. Scaling in ( averaging down )
  3. Scaling out ( averaging out )
  4. Trailing stops
  5. Martingale and anti-martingale
Each of these 5 techniques will be covered in detail including variations. You will also see how it looks on a chart and will find out …
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 6 | Likes : 9


Welcome to the world of Binary Options !! I don't think any of you is unknown from binary options trading , but for those who are new to the market I'll brief you with it. . According to Investopedia, the defination of binary option is " A type of option in which the payoff is structured to be either a fixed amount of compensation if the option expires in the money, or nothing at all if the option expires out of the money. The success of a binary option is thus based on a yes/no proposition, hence “binary”. A binary option automatically exercises, meaning the option holder does not have the choice to buy or sell the underlying asset. " Blah Blah Blah . In simple words Binary Options is the form of Trading , in which you earn by predicting asset's direction of the trend either Up/Long or Down/short for the selected time period .


For example - You are damn sure that Better NFP figures can pull EUR/USD down after the release or if your technical indicators are suggesting to short the pair , you 'll decide to choose the option DOWN/PUT at say X price . Next step would be to select time period of the contract ( T ) or the expiry of the contract . In our case , by expiry of the c…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 8 | Likes : 6
Trading Success Displine Trade Rules
Posted on 10 Apr at 14:29 GMT by Tinktank
Hi,

I would like to share some trading tips I learned a long time ago when I started trading Forex. Many of us are familiar with the many 'secrets' to successful trading but how many of us actually employ these truths while trading? The problem is that many of these lessons seem like common sense so we tend not to appreciate them. We believe that there must be something more, some other esoteric tips that successful traders employ. After all, if everyone knows the real secrets that we often hear about, why isn't everyone successful?

The reason why majority of traders fail is because they don't understand the significance of these common tips. Although these tips sound like common sense, they have deeper meaning that few are able to grasp. I will be revealing some of their real significance in the coming weeks so we appreciate them better and utilize them.

1. Timing is Everything

You have probably heard that timing is everything but how does this translate to successful trading?

Let me show you.

The chart image shows a classic ascending wedge pattern with resistance points at A, B and C. Rising trend line support was tested at point D, E and F. Point G represents the breakou…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 6 | Likes : 5

Introduction

On 31 March 2014, Michael Lewis published his book Flash Boys which focused on high frequency trading. In this book he makes sensational claims that the financial markets are rigged in favor of High Frequency Traders, sending the whole system into a frenzy. Ever since High Frequency Trading has dominated financial news and United States Federal Bureau of Investigation (FBI) has since announced an investigation into High Frequency Trading on the possibility of front-running, market manipulation and insider trading. It is impossible to ignore such an activity that seems to tilt the playing field in favor of a select few and has had the whole world talking.

What is high frequency trading?

Definition
.

High Frequency Trading is a very powerful program that uses super-fast computers to transact a large number of orders and high speeds making use of very complex algorithms to analyze markets and execute orders based on market conditions. In much simpler terms, it is trading algorithms that trade on market inefficiencies. Some of the basic characteristic of the High Frequency Traders are as follows:
  • The time horizon for the trades is very short, typically milliseconds. They move in and out of the markets in a space of milliseconds hoping to capture a very small profit on the trade.
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 2 | Likes : 2
Hello everyone today i would like to say one of the key points regard pamm services.i want to discuss on following topics
1.what is pamm?
2.how pamm helps the pamm manager?
3.how to attract the pamm investors?
4.how pamm helps pamm investor?
5.how to invest in safe pamm trader?
Let us discuss about each of the above in the following which might helps you.
1.what is pamm?
pamm mean percent allocation management module which is introduces in forex trading where investors can invest into the pamm traders based on agreed percentage of share between them.

2.how pamm helps the pamm manager?
if you are a good trader and you dont have enough money or else you want more capital you can thus make use of pamm manager services which are provided in pamm system where you will be putting your own limits of % share you want to give investors who invested in your account. pamm managing is really like a gift for those who wnat to grow their income more by attracting investors with their results of trading.
How to attract investors?
attracting investors is not so easy first of all you need to show consistent profits and also with less drawdown,later on you need to advertise your pamm link in online…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 2 | Likes : 5
Disclaimer

Dear Dukascopy Community member, before you start reading please take into account that the following article was written for the sole purpose of cheering up and it's my own personal interpretation of Forex candlestick patterns. Please, keep in mind that
I drew every single image you'll see on this article and can provide proof of it. Last but not least, if you feel too "Pro" to read the
article please don't make any comments as this article is not intended to teach anyone about forex.

Introduction

This is the second article regarding this subject, in order to fully understand the concepts please read Forex Basics through a Dummy's Eyes.

Single Candlestick Patterns through a Dummy's Eyes

So again we meet, today we will learn all there is to know about candlestick patterns, we'll go slowly and we'll start from easiest one
to spot: the single candlestick patterns.

  1. Step One: Read the introduction and follow the link if you haven't read the
    first article, if you're too lazy just take a look at the drawings.
  2. Step Two: Have you heard about Doji? Harami?
  3. Step Three: If you said that you had some Harami for dinner last week, then
    go to step four. Otherwise go to your local japanese restaurant and ask
    for some Harami with Doji sauce.
  4. Step Four: Sit tight, you're ready for today's lesson.
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 4 | Likes : 2
I don’t want to offend dear fellow chartists but in my opinion technical analysis
has little value if it has any. For these guys interest rate decisions, unemployment data,
trade deficits...has little meaning compared to the study of charts. Most of you are
familiar with the jargon; test of lows, breaking key resistance levels,
new target levels, intermediate term down trends, trend channels etc. In
my opinion it is impossible toprove technical analysis wrong. For example I see
a triangle on the EUR/USD chart, it is going up for sure, then what? it
crashes! Of course I didn’t notice the head and shoulder formation and
didn’t take RSI and MACD into consideration! it was obvious. Do you see
what I mean, it is nonsense because many technical indicators may
contradict each other at any given time. Technical analysis can never be
wrong, but an analyst can be. There is always an explanation for a price
move from the perspective of Technical Analysis.

Secondly there is no universally accepted methodology telling you where to use
which indicator. Five different analysts can look at the same chart and
make contradicting predictions and all of them successfully support their predictions
w…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 9 | Likes : 5
Forex for Beginners!
Ranking 9/26
Welcome to Forex!
Posted on 7 Apr at 18:04 GMT by Convallium
Forex forbeginners!

Idiscovered Forex two months ago.I had manyquestions and I had to spend a lot of time to find answers on these questions.
I knowthere are many beginners on this site wholike me do not know many useful information about Dukascopy and
Forex.Therefore,I decided to write this article to explain for freshmen basic
things about
Forex. I want to speak about-

-What youshould know about Forex?

- How tostart trade?-

What pairs the best for beginners?-

To be ornot to be?

Only these several questionswere important for me two months ago.
In addition, when I have found the answersto these questions I started my trading.That is why I have written this
article.
If you are beginner you should not to search alot of information in internet, and you must not to waste your time to ask
other traders
about Forex, I have made it for you and me! NowI will share with you what I have found out about Forex.

What youshould know about Forex?

Forex it is a big net market, every day it hasturnover about 3 trillion dollars and it is always develop. Forex can
brings you a lot of opportunities and money if you will join to this
amazing world of trading !However,you should know the…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 17 | Likes : 13


INTRODUCTION:

In forex,there are plenty of ways to do trading,and would be impossible to name them all here,but we can,broadly, define two basic ways to do trading,the first would do trading basing our strategy on technical indicators and the second would be to base our esstrategy on price action.

It is common in retail trading,especially among beginners,that trading strategies is based on technical indicators;trading strategies based only on price action are usually used by traders with more experienced in the market.

In this article I will explain how work in forex both ways of trading,obviously the article willbe based on my experience and knowledge that I have gained over the years about forex market,doesn't have to be the right,and I would like this article serve that each one expose his experience and the reasons because you prefer one or other way to do trading.

TECHNICAL INDICATORS:

It is common when we started to do trading in forex that we think that the secret of success will be at the indicators and we seek the perfect indicator,that never fail.Always when we do a visual backtesting can be seen perfectly in the chart,with static price,that the indicator, that we…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 9 | Likes : 6
Fibo Time trader’s toolbox Fibonacci
Posted on 6 Apr at 21:06 GMT by Skif
Fibonacci numbers

In this article I would like to share such tool As Fibonacci Time periods. In my opinion,this analysis tool,unfairly deprived of attention.
More information is sufficiently small, I hope this article will be informative and useful.

The magic time of Fibonacci numbers

______________________________________________________________________________________________

Using this tool we can we can find:

1. Length of the future movement

2. Begining and the end of the correction

3. Time “windows” of possible reverse


And also the use of the meted in Currency movements.In addition, if we use Fibonacci retracements, we’re getting the instrument which help us to have clear understanding of what’s happening on the market.
The method itself is very simple, as we can say - we can write the whole method on the other site of the postal stamp.

The levels we use:

0 , 38.2 , 61.8 , 100 , 1.382 , 1.50 , 1.618 , 200 , 2.382 , 2.618

I’m sure that there’s nothing new to you all, as we can see the same levels, while using Fibo Retracements.Use the minimums and maximums established markets.
Usual Fibonacci used to determine t…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 16 | Likes : 15
FX Carry value Momentum
Posted on 6 Apr at 17:02 GMT by AdrianWS
Intro:

There are many Short term trading strategies - many of which can be seen with various articles here, they range from simple Moving average crosses, to using overbought/oversold signals and many, many more technical indicators. Broadly speaking, a rules based strategy involves no skill and this applies to both shorter term and longer term strategies. However, market participants need to know when to use each - for example, using RSI is unlikely to work to effectively over the course of 20 years, but can work quite well on a 30-minute chart, likewise using any of the three main multi year strategies fail to work on shorter term timeframes.

Here is a quick look at some simple short term strategies and their backtests (tested on the AUDUSD), while there are some profitable ones, sharpe ratios and Max DD's are awful and thus these will fail in the long run.

Long term FX strategies:

As highlighted above, there are literally 1,000's of techniques that are used in trading, yet only 3 have stood the test of time, these are as follows; Carry, Value and Momentum. I will look at each one individually to explain what they are, and why they have been successful.

Carry:
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 8 | Likes : 9
How to Ride a Bull
Ranking 18/26
Each person chasing their dreams.
Beginners Traders come to website like this to write/read something and to try to double their accounts.
Usually they are not realistic. They want everything and they want it now. Their greed eat their dreams.
Psychology... We don't pay attention to it and we stay down.
We don't have a chance to ride our bull and go up. To the stars. Shoot for the moon and even if you miss you'll land among the stars. With greed and without psychological stability we will finish in the open air without oxygen on the half way to the stars and to the moon.

But is there a solution? Can we ride our bull and jump beyond the stars?
Yes we can. When you think as a less then 2% traders. When you dream globally and act rationally.
When you know how to grab your bulls horns and how to control him with your feet on the ground.
That kind of people, with plans and strategies, stable and strong will know how to ride bull.
We ordinary traders have to learn from wiser.

The foreign exchange market is a global, biggest financial market with billions of opportunities. Just few percent of traders have positive results. Others trade and lose. Technical analysis, fundamental anal…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 6 | Likes : 4
time frame long short trading
Posted on 6 Apr at 11:49 GMT by ivanbgd
One of the mostfrequent mistakes traders have is that they usually use the wrong
time frame, i.e. the way they trade is unsuitable to that time frame.
Beginners in the field of trading have a desire geting rich in a very
short time period, so they usually use short time frames ( oftenest 1
to 5 min /chart ). These generally end up trading dissapointed,
because they havent choose time frame which does suits their trading
methods.
On the other hand,there are traders who find 1 h chart easier to manage. Their time
frame is long but not overlong. That time-frame haslesssignal but still there are some. This frame gives us more time to
do some technical market anaysis, so its less stressful.
Then, there are traders who are notsuitable with this 1 h- time-frame. They find it too rapid
/scorching/, so they feel more comfortable using daily, weekly or
even monthly time-frame chart. Trading timeframes categorize in the following three categories:

1. Long period of time time-frame

2. Short period of time time-frame

3. Dailytime-frame

Our trading stileand our own personality, define which time frame we are going to use.
This spreadsheetbelow shows upper mentioned time-frame analisys, which may help you
choose the right one, i hope.

time-framed e t a i l s advantagesdisadvantages
Long term
time - frame
Daily, Weekly Traders.These charts givesadvantage
with long termed trading and
helpes easier entering into
short termed daily tradind. Few weeks, even months and
years trading
There is no needmonitoring
the market daily. There are less transactionand
less stress.
Much more patience,Small number of trades
Short term
time-frame
Short term trading uses hour
charts. Lasts few hours a week.
Offers plenty opportunities at trading.Chances for losses by months
are less reliance on just one or two
trades per year.
Higher transaction costs/much stress/
One day
trading
Trading happens on a1 and 5
minutes charts.
Trades take place in oneday
and they end up when the market closes.
Much opportunities attrading,Less possibility of losingper
month with no overnight risk.
Much higher transaction
costs/much stress/,Considering the frequency
of trading, there are much tension.At the end of the day profits
are limited.
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 8 | Likes : 10
Introduction

On the 13th of September 2012 the United States of America's Federal Reserve bank (Fed) announced a third round of quantitative easing (QE3). Under QE3 the Fed was to launch a USD 40 billion per month, open ended bond purchasing program of agency mortgage-backed securities. On December 12 2012, the Federal Open Market Committee (FOMC) announced an increase of USD 45 billion to the open ended purchases bringing the total to USD 85 billion worth of stimulus. The EURUSD had opened at 1.29 on the 13thof September 2013 and following the announcement a bullish trend was unleashed. Below is the hourly chart of the EURUSD during that period.


Having witnessed the signs of economic growth, the Federal Reserve announced its intention to taper the QE3 program contingent upon continued positive economic data on 19 June 2013. Tapering is a gradual winding down of central bank activities used to improve the conditions for economic growth, in this case QE3. Below is an comical illustration of tapering.


Following the taper announcement in June 2012, stock prices tumbled and the EURUSD dropped to 1.3000 at the end of June 2013 from 1.3393 on the 19…
Translate to English
Show original
Since you are not logged in, we don't know your spoken language, but assume it is English.
Please, sign in or choose another language to translate from the list.
or
Translate to:
Comments : 15 | Likes : 13
Contacts   Hot Links   Search
Dukascopy Bank SA
Route de Pre-Bois 20, ICC, Entrance H,1215 Geneva 15, Switzerland
tel: +41 22 799 4888, fax: +41 22 799 4880
info@dukascopy.comtwitterfacebookweibo
Site Map
Report an issue
© 1998-2014 Dukascopy® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com