Article Library

10/47
Ranking
This article looks at :
+ what's happening from technical perspective only and my expectations for EUR/USD for the near term;
&
+ how range-box breakout (i.e. RBBO method) analysis / trading is applied.
Note: For further details on use of range-box, please refer to my previous article
(at https://www.dukascopy.com/fxcomm/fx-article-contest/?My-Technical-Perspective-On-A&action=read&id=3198).
An example of RBBO method could be seen at the later part of this article.
My view for EUR/USD :

The 3-months chart shows price breaking below the blue-dashed ray line and proceed to consolidate above it for the next 5 bars (since early March 2015) and counting.
Going forward, how price reacts after reaching either of the 2 blue-solid lines drawn on the 1-week chart would be critical.
At this point in time, price has been below the mid-Bollinger for more than 2 bars.
We are also seeing price trending downwards; making lower highs and lower lows.
Price should move towards the blue-solid-horizontal price level. But how price reacts after reaching the blue-dashed line would be critical as it has been a consistent road-block the past few times.

Example of range-box break-out (RBBO) method a
Read article
Translate to English Show original
MR_KHALEDBADRY avatar

great

Klaudia25 avatar
Klaudia25 29 July

interesting article!

Yulia10 avatar
Yulia10 31 July

great

FXRabbit avatar
FXRabbit 22 Aug.

Very well written!

angelina_may avatar

good

orto leave comments
4/30
Ranking

Over the last 2 years the market has been changing a lot and we saw across the board many currency pairs has started moving away from those nasty big range zone and have been shifted towards more clear trendsTrend trading can be as difficult as range trading if you don't understand the characteristic of this new type of environment, and you need new adequate rules to be able to profit in the market. In this regard my article is going to provide you with some core basics and unique rules that have been helping me to trend trading with a unique strategy
A healty trading market is when we move step by step: Consolidation - Breakout type of move. As a general rule if a market is moving in a consolidation or a range trading box or a base, followed by a breakout and than repeat the process, than the market is doing what it should be doing (see Figure 1). One of the best hedge fund managers PT Jones has explained this process quite simple, and I'm quoting him here:
The basic premise of the system is that market move sharply, when they move. If there is a sudden range expansion in a market that has been trading narrowly, human nature is to try to fade that price move. When you get a r…
Read article
Translate to English Show original
Daytrader21 avatar

Thank you all for your support, much appreciated

cocciolla avatar
cocciolla 24 Jan.

Excellent article,good luck

foreignexchange avatar

Great great article, many traders probably utilyze this set of informations  without formulate a strategy.
It could be probably matter of study to evaluate the Standard Deviation considering the different scale.
...... Also if you probably think that there is invariance of scale  : )
Good job 

aslamhammad avatar

Nice work :)

Likerty avatar
Likerty 30 Jan.

wonderful article!

orto leave comments
11/38
Ranking
► IntroductionThis article is a continuation of "Profit from Trend Lines' Confluence". In the previous article, we talked about how to profit from trend lines' confluence. We learned to draw trend lines and mark an area around two trend lines' confluence point. Then, we just wait for price to test the confluence area and enter a trade.In this article we will take a closer look at trend lines. I would like to suggest a better way to draw trend lines. This lets us draw trend lines more correctly. It also helps us find more trend lines and confluence points on a chart. Therefore, the number of potential trades increases too.Also, I have done some back tests on Daily charts. I tried to test different aspects of this strategy: the confluence area, test candle, trade rules etc. I wanted to see if any of them can be improved. I hope the conclusions will help us make this strategy more precise and profitable.__________________________________________________________________________________________► Old Rule For Drawing Trend LinesIn the previous article, we drew trend lines by simply connecting candles' lows for an up trend, or candles' highs for a down trend. The problem with this approac…
Read article
Translate to English Show original
geula4x avatar
geula4x 19 June

@David_ Thank you :) Same wish for you :)

AdamFx42 avatar
AdamFx42 21 June

Extremely tidy - well written, you must be a scolar of some kind -- do you study a language/ or economics?

geula4x avatar
geula4x 21 June

@AdamFx42 Thank you :-) I'm actually a software engineer by profession. I try to use a simple analytical approach of price action in my trading and articles.

deliriou5 avatar
deliriou5 27 June

Nice post! +1

geula4x avatar
geula4x 27 June

@deliriou5 Thank you :-) Happy trading today :-)

orto leave comments
8/33
Ranking
► IntroductionTrend lines are one of the most important technical ways to analyze a chart. As traders, finding and drawing trend lines correctly is very important. Trends usually act as moving support and resistance levels.Price often keeps above or below trends, for an extended period of time. Trends are usually good entry points for trade positions. Also, they help us gauge the general direction of the market and how strong the move is.In this article we will discuss how to profit from trend lines' confluence. This is a complete strategy with entry, stop loss and take profit levels. We will use a simple, step-by-step approach for achieving this goal.We will analyze the Daily time frame. However, you can use the same technique for any time frame you trade. Some recent charts of EUR/USD are also included, for a better understanding of this method and how easily it can be used.This is a very technical method. So perhaps it can be automated. If any JForex (or Visual JForex) programmer is interested, please feel free to automate it. I think that many traders, including myself, could benefit from it.I hope you find this article helpful for your trading. :-)_____________________________…
Read article
Translate to English Show original
geula4x avatar
geula4x 28 May

@Ahmed4x Sure, my pleasure :-) Happy trading today :-)

Panzer avatar
Panzer 31 May

Nice article, good luck +1

geula4x avatar
geula4x 31 May

@Panzer Thank you :-) Happy trading today :-)

SpecialFX avatar

Trend lines are very useful in trading, so thumbs up for a good article explaining a strategy with them :) Just be careful with "I am quite sure that I've seen this setup work again and again in live trading", our brains usually fool us by showing us mostly the good trades and ignoring the bad ones, I've been burned by that in the past. Always fully test a strategy, don't rely on what it may seem you are seeing, it may be wrong... :) I also like your little arrows to separate topis, I think I've seen then before :D ;)

geula4x avatar
geula4x 2 July

@SpecialFX Thank you for your comment :-) Happy trading :-)

orto leave comments