Article contest
Sort by:
Introduction
This question above can be subset of broader and evergreen question “Can Robots or Intelligent Systems really replace humans?” However I will take analogy from some intelligent systems to arrive at the conclusion if trading robots can really replace Real Traders.
I will present my logic, benefits and drawbacks for you to take decision. It is based on some facts to help me arrive at conclusion and maybe my biased views but I think it will help in taking rational and informed decision. And maybe it will help in achieving the desired trading results. I cannot put a straight forward conclusion to the Robot Question and so it is my view based on some intelligent systems and may or may not subscribe to individual’s preferences.
Pros of trading with Robots
At the first sight Trading Robots give the feeling that they can earn real income and profits for you. And Unlike humans, robots can trade without sleep and rest - working tirelessly even for a week or for longer durations. One does not need to think a lot about gone trading chances or wasting time entering an order manually while the market moves again to other side making less favorable profitable position. Robots as …
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 : 21 | Likes : 26
Trading Strategy "w"
Ranking 10/34
Use two trading strategies, the strategy of the trap which I have already spoken in a previous article and the strategy of "W" presented in this article, at the end of reading the reader will realize the potential for success this strategy.

The success of the strategy of "W" is based on realizing that the mass market make the same mistakes again and again, regardless of the knowledge and intelligence of the participants.

Most market participants base their trading on the following rules:

  • Buying Support
  • Selling on resistance
  • Buy in breaking strength
  • Rupture support sell
A large number of Traders enter the market with an operation after deciding the bias, they place the stop, if the jump stop, complain, analyze whether they have made a mistake, retire for some time to lick their wounds and promise to operate better the next time, after a few hours or days, they try to find a new opportunity in another crossing or market that makes them forget the last missed.
The strategy of "W" requires the Trader to continue focusing on price action though the first market entry has been losing, because if the pattern of "W" is finally confirmed, the Trader must be prepared to enter 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 : 4 | Likes : 4
1.0 What is “Gap”?

A “gap” is a break that appears on chart between the prices that occurs when the price changes instantly towards up or down without having a trade between. Factors that can create gaps might be pressure on buying or selling, announcements about earning or a change in an outlook given by an analyst or other sorts of news.

The usual thought about the forex is that it is totally closed for the weekends, but that is only true to some extent. For the retails traders, it is closed, but for the central banks and organizations that are related to it, it is actually open 24/7. Transactions at the forex are always on, and they are being conducted electronically, so they can never be stopped. Since this kind of work is always going on, the prices are always changing – due to supply and demand, as somebody is always buying and somebody is always selling.

In article Trend Trading Strategy: Departure Trendline Setup we can see excellent chapter about gaps. There is table in this article where we can see 4 types of gaps. Runaway gap and Breakaway gap are gaps in strong market trend ( "no fill" gaps).

1.1 Runaway Gap

Figure 1: Continuation Gap or Measuring Gap or
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 : 19 | Likes : 22
Do not listen to your heart - listen to your Forex broker!

On example of trading with Dukascopy.

This article will be based, on my own experience in trading.

Preface.

All traders know, that the main part of success trading is finding and choosing good Forex Broker. We have many articles about the criteria of good brokers and if you are reading this article here, on Dukascopy web site, you are in right place. When you open your chart in Dukascopy you see: Forex, Fun, Social. I want to add one more – helpful. Dukascopy not only wants to attract you to trade, Dukascopy wants you to trade successes. This is one of the main part in my article.

Today I will give to you all examples of how Dukascopy helps traders to be success. In addition, what can be happened if you will not follow your broker, if you do not listen to him.

Main part: Dukascopy wants you to make money.

Dukascopy team made great job to help to you to make money. They have all instruments to start with Jforex platform, Dukascopy TV, Dukascopy support and etc. Nevertheless, in my opinion, the main part here are news. You can learn all fresh news in one place. You can read them, see them and even discuss.

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 : 12
When Buyer and Seller agree on both Price and Value, no trade will ever be made.

Buyer and Seller have to disagree on Value, not on Price, in order to make trades. Because there are many buyers and sellers in the world of currencies, there are alway people who value a currency different and so price keeps moving around. If one can predict value, one can predict price.

Fundamental analysis is all about predicting value, while technical analysis is all about predicting price. We can see price moving in the charts and so try to predict where it might be going, but forces we cannot see make the price go up or down. If we could only see those forces…

When observing the way market, volume and price change, we can see similar mechanics in the physics of pressure. Hang on for a few seconds, it’s quite simple.

Pressure and Forex: if i shake a bottle of champaign forcefully, the cork will pop out and champaign will be wasted. So if pressure rises in one places, stuff will go from where the pressure is high to where the pressure is low.

The same proces works for Forex price: if value differs, price will move. And again: by knowing where the pressure is, we can tell 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 : 7 | Likes : 7
Currency Wars (volume I)
Ranking 17/34


The Forex market is a market made up of several world currencies; which are constantly fluctuating, thus providing an opportunity to make profitable transactions as these currencies appreciate and depreciate. The factors which affect the depreciation and appreciation of a currency are unique to the economy which uses the currency.

United Kingdom: GBP
United States: USD
Australia: AUD

The general principle is that healthy economies give rise to healthy or appreciating currencies; so we tend to see a currency appreciating as its economy improves.

This article will look at the indexes of the three currencies listed above; the analysis is purely from a technical point of view. We will examine some fundamental factors which are responsible for the currency’s appreciation or lack of it. The article will also evaluate the current position of the indexes; so that the information obtained can be useful in the nearest future.

United States Dollar (USD)

The USD index has been in an appreciative state since since May/June 2014. There were several factors responsible for this rise, and they all gradually led to a six-month USD rally.

The United States Dollar started its appreci…
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 : 11
Different signals from Ichimoku.Everyone know the Ichimoku indicator. And, every time, don't need talk about its pros and cons.but to learn: https://en.wikipedia.org/wiki/Ichimoku_Kink%C5%8D_Hy%C5%8DIchimoku Clouds are extremely versatile in function for forex trading.I would like to explain some of the signals that also work in the trading .to determine UP or DOWN the trend, I use colors of cloud:when ,we have signals from SinkouA and SinkoB lines, we see clouds, which is accompanied by movement of the market UP or DOWN side.The overall trend :When senkouA is rising above senkouB the trend is stronger upward, and is typically colored green.When senkouB rises above senkouA, the trend is stronger downward and is denoted with a red-colored cloud.it the fakt.pic1.


The Tenkan Sen is an indicator of the market trend.
If the Tenkan Sen line is moving up or down, it indicates that the market is trending.
If it moves horizontally, it signals that the market is ranging. it the fakt
but, what if we change the rules?
I use different strategies. is their description here:



Strtaegy_1. The traders who use the ichimoku cloud as the basis for their trading strategy, to be a very reliabl…
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 : 3 | Likes : 7
Trading Fundamentals & Price Action Part 1 When I started trading in Forex, almost three years ago, I started like the most of people, technically. With a lot of indicators and colors on the screen. After two years I realized that profitable trading in Forex can be accomplished in different ways and methods.
Some traders use only technical analysis, other fundamental and another a combination of both. And I became one of those who use the combination of both.

Why? Would you ask. Because when I was trading only technically I always had a feeling that something in my trading was missing, the market was still not clear for me. There were things happening in the market that were caused by something else than price action. It were The Fundamentals.

So I started to learn about fundamentals and begun to understand that on the big picture, we do not trade the price. We trade the economies, and their fundamentals. And they move the markets in large. But what is fundamental analysis in Forex anyway?
I think that it can be described as the study of underlying factors that drives the price of a currency, like strength of economy, its growth, political situation, actions of the central ban…
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
Investing Vs Trading
Ranking 12/34
Investing vs Trading



Investing:

It is the act of investing; laying out money or capital in an enterprise with the expectation of profit. Well now we know what investing is, so let's move into the types of investing:

Investing in Property:
That can also be sub categorized:
1) Long Term Investment
2) Short Term Investment

1) Long term Property investment:
Investing in a housing land project, and usually investors buy for certain period of time of 10-20years. After the land value increases over the time, the investor can sell it, or build a house on that land or plot he bought with his saving capital.

2) Short term Property Investment:
Purchasing an apartment, commercial office, house and renting the place out for a short time with some tenant or client who is willing to pay some rent for a short period of time that could be between 1-3years per contract.

Investing In Saving Bank:
Savings banks, usually offer some interest over a period of time of 1month, 6month, 1year, depending on the saving plan. Clients start gaining the benefits after they open an account with them. Some saving banks also provide life insurance investment opportunities with clients.

Investing in Bon
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 : 11
Atr Maniacs
Ranking 6/34
Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder, Jr. for commodities. The indicator does not provide an indication of price trend, simply the degree of price volatility
(by Wikipedia)

Introduction


In this article, we suggest that there is some correlation between the strength of price trend and Average True Range Indicators. We suspect that when that ATR goes down, then a price trend is likely to the end. And we describes that by 3 chapters in this paper.
  1. How To Calculate ATR? Describes a more details of ATR Indicator which was used for this research.
  2. Chart Pattern Analysis. This is an abstract explanation by standard chart patterns. Sections: Double Top, Triangle.
  3. Back Test Analysis. This is a concrete explanation by the 759679 orders of 5 currency pairs back-test result(2004 - 2014). Sections: Trading rule, Filters, EUR/USD(152304). GBP/USD(149175), USD/JPY(152798), USD/CHF(150498), USD/CAD(154904), Summary.
Chapter 1: How To Calculate ATR?

At first, you needs to calculate a true range. The range of a day's trading is a high minus low price. And the true range extends it to yesterday's closing price if it was 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 : 3 | Likes : 7


You come to Forex, everybody welcomes you with arms wide open (outside the arena all these people from the Forex community are jolly good chaps) and you lose! Yes! You lose! Who’s or what’s to blame? You wonder.

Simple answer: You!


There are no:
  • bad moments;
  • bad feelings;
  • bad boys with deep pockets;
  • bad luck;
  • bad brokers;
  • bad pairs;
  • bad days;
  • bad news and fundamentals;
  • bad technical indicators.

Only you were bad, a bad trader of course! (Sorry for the roughness! But, you know… or at least you should know (!) Forex’s arena is a rough environment!)

Why? Well, let’s analyse this!
[list][/list]…
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 : 3 | Likes : 12
Dear Traders,

first of all, I want to wish you a Happy New Year 2015, let’s make it successful together!

Last month, I wrote about my Bollinger Band Strategy for Trending Markets – the full article is here:

http://www.dukascopy.com/fxcomm/fx-article-contest/?My-Bollinger-Band-Strategy-For&action=read&id=2122

I want to thank community user garisan from Spain for asking a very good question about trade management due to the dynamic nature of the Bollinger Bands and promised him to explain it in more detail. This is what my second article is about.

The In-Trade-Management Strategies pointed out here, do not only apply to my mentioned strategy, but you can use them with modifications in your own trades. In this article, I will explain it with my Bollinger Band Strategy for Trending Markets. The trade entry is described in the previous article. At this point we entered the trade, placed our initial stops and targets and we are now in the trade.

First Example:

Let’s begin with the first illustration. I picked a 15 minute chart of EURUSD. We identified the uptrend, our middle band was hit and entered the trade with a long. We set our initial stop and initial target.


Our…
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 : 7 | Likes : 7
Bollinger Bands is the second important indicator I use along with candlesticks. In fact, the combination of candlesticks and Bollinger Bands creates the strong trade setup I look for.There are some awesome features in the Bollinger Bands that can not be found in any other indicator. Before talking about the the way we can use Bollinger Bands, lets see what kind of indicator it is, and how it looks like. If you don’t have Bollinger Bands on your chart, please add them and let the settings to be the default settings which is 20, 0, 2.Bollinger Bands are consist of three lines: Bollinger Upper Band, Bollinger Lower Band and Bollinger Middle Band. Bollinger Middle Band is nothing but a simple moving average. Bollinger Upper and Lower Bands measure deviations. I can bring their formula here, but it will not have any usage for your trading. The only thing we should know is that they are so strong in locating the trends and reversals. Combining the candlesticks patterns with Bollinger Bands, creates a great trading system that shows the strongest continuation and reversal setups.

Note: In all the below examples, the Bollinger Band setting is the default setting which is 20 period and 2 …
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 : 10 | Likes : 11
knowledge tradersguide rookie
Posted on 6 Jan at 16:18 by samme

How I began my Trading career

My journey as a Trader began 5 years ago when an Investment Club was offering some unbelievable returns on Investors money. Naturally I had to dig deep to find out exactly what could possibly generate such rate of return and hence my introduction to Forex Trading.
Much to my demise I ended up being one of his Investors and ultimately lost most if not all of my hard earned savings accumulated over the years.

Determined to succeed; I involved myself in a number of onsite and online courses whilst applying the tools on both a Demo and Live Account. The experience has taught me many lessons from my failures and mistakes but one thing I know is crucial for your success and that is "KNOWLEDGE". Education is the best gift you can give yourself .

The Importance of a good education to become a FX Trader

Currency trading is the most high risk form of trading to be engaged in. Whilst the potential is there for high returns, the same is true for huge losses for Investors who are not disciplined and educated.

With a solid education, you are prepared to make informed trading decisions instead of impulsive emotional ones that can often lead to major account dis…
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 : 6


Introduction

Scalping is a trading strategy that attempts to make profits on small price changes, and normally it involves establishing and liquidating a position in short time intervals. Some of the benefits of scalping are that it involves low risk due to the relatively short periods per trade and small moves are much easier to capture as markets are usually confined in narrow ranges.

This article looks at the steps a trader should take when scalping.

1. Assess market conditions

Identifying the technical market conditions is the first critical step as the different market conditions require different trading strategies. The three most common market conditions are Range markets, Breakout markets and Trending markets.

  • Range Market
A range occurs when price is moving virtually sideways. Fig 1 illustrates a range bound market.

Fig 1: Range bound market condition

As in Fig 1 the price movement is confined to a range and quickly reverses should it become overbought or oversold upon touching the boundaries of the range which act as support and resistance.

[list][/list]…
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 : 26 | Likes : 27
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