Article Library

18/56
Ranking
Dear friends, all of us are using some strategies in trading. They are based on the vulnerability of the market and on certain laws - recurring events. In order for the system to work well, there has been a lucrative, often used an unusual approach to the market (sometimes contradictory to logic); but if this approach is profitable, why not to use it? Unlike, say, boxing and figure skating, there are no set rules in trading, which mean that we can cheat by using some of the "prohibited methods" and tricks.
And today I want to share with you one of such tricks.
It will work well for currency pairs: AUDUSD, NZDUSD, USDJPY, AUDJPY, NZDJPY, AUDNZD at H1 timeframe.
The main idea of this approach is to use specific to the Asian session movements. The strategy is not tied to a specific platform and specific indicators. From graphic tools we need only Fibonacci levels.
One of the main axioms of trading - the trend is always striving to continue.
In this case, the trend will be considered as a candle that from the opening to the closing point has passed at least 30 pips, that is at least some directional movement.
The probability that the next day the price will go in the same directi…
Read article
Translate to English Show original
rashadali avatar
rashadali 27 Oct.

it is very strong tool. but sometime using more than one fibo level on different time frames work best  )

Bidza avatar
Bidza 27 Oct.

Good work

fx_lmcap avatar
fx_lmcap 27 Oct.

Nice article!

Yggdrasills avatar

nice article !

alphahavoc avatar

Excellent post! I agree totally. That's the heart of my trading method.

orto leave comments
1/47
Ranking
Introduction
This article is about the functionality of the small widget I developed for JForex platform, which allows the user to: hide, show and manage any order or position on a specific chart and its relative instrument.
Setup in JForex
Save the .jfx file on your preferred C://...//Strategies folder and play in Local Run:

Hit the PLAY button and set orders appearance and colors from the Default Parameters Window:
1 - Running positions
A small widget with just 4 buttons will load on the top-left corner of every open chart, (note: all pictures are taken from a 13" laptop monitor):
  1. Show all filled positions and SL + TP orders, in that chart, for that specific selected instrument.
  2. Hide all running position drawings for that chart.
  3. Update all TP / SL modifications (if any).
  4. Open the "Conditional Orders" widget (detailed explanation on par. 2 - Conditional orders).
To better understand the functionality for buttons 1 and 2, consider the following example:
All positions are hidden from the charts, excluding the one where the user hits the " + " button.
1.1 - Modify TP/SL
The code will draw for each position an 'Entry' line together with 'TP / SL' lines and their resp…
Read article
Translate to English Show original
valester avatar
valester 31 Aug.

хорошая работа

Chaudhry77 avatar
Chaudhry77 23 Sep.

nice

cobra8 avatar
cobra8 9 Feb.

complimenti

cobra8 avatar
cobra8 9 Feb.

bravo

cobra8 avatar
cobra8 9 Feb.

very good

orto leave comments
1/34
Ranking
IntroductionOne of the things i miss at Dukascopy is the possibility to get relevant trader activity along the time in tabular or chart way. Sometimes, to get the data we want, we need to go over some pages and compile, extract and merge this information doing some tedious work. I know at this moment that a redesigned report area is coming soon, but this do not invalidate to make our way to get the information the way we want. In this article i will talk about a strategy i made to get the possible relevant information i want about all my submited orders, and i'm sure you will find it at least useful.The "MyGetOrders" strategyOn this article i don't talk about how i made this strategy because of all fundamental aspects used on it i talked before on previous articles. On this article i explain how to use it and what you can expect from it. What you need first, is to get the corresponding strategy file here and run it the usual way as any normal strategy. You will get the following parameter window:Image 1: This is the parameters window you will get when you start the strategy. Each item is explained below."Path and filename:" - Here you need to write the full path and file name where…
Read article
Translate to English Show original
jlongo avatar
jlongo 18 Aug.

Hi Dukascopy Community: One community member asked for the export file to have also the order label. I made a new strategy with option for order label you can get here -> http://goo.gl/f65N5M . Trade well. JL

jlongo avatar
jlongo 22 Aug.

Hi Dukascopy Community:

Other version released with minot bugs corrected and without the need to subscribe all instruments.

You can get it [url=http://goo.gl/Um3vd4]here[/url]

Trade well

JL

jlongo avatar
jlongo 22 Aug.

Sorry, link corrected: http://goo.gl/Um3vd4

jlongo avatar
jlongo 27 Aug.

@sircris: Thnk you for your comments. Your information was very useful. I know about other libraries with direct export to excel, but is good to know more possibilities. Trade well. JL

ahmedfathi23 avatar

hello
how can I get live data updated from jforex?

orto leave comments
3/41
Ranking
We've all been there, you put on a trade and it shows you
some profit, then all of a sudden the spread widens considerably and your
stop-loss is hit, causing you to lose money. A few seconds later the spread
goes back to normal and the price quickly resumes its previous (profitable)
trend, but you no longer have a trade on.
Or you've placed a buy stop order to open a new position if
the price reaches x, it is triggered when the spread widens, but as soon as the volatility subsides the price returns to where it was before the chaos
started, ie. much lower than x, so you now have a losing trade on your hands.
                                    This trader lost a lot of money due to widening spreads...This article will show you how to avoid having
an opening or closing order prematurely filled, due to the spread widening
during important news or off market hours, using the different order types
provided by Dukascopy. ► Why do spreads widen/tighten?In a well-functioning financial market, where prices are
dictated by various market participants (and not by a single entity/market
maker), instruments do not have fixed bid/ask spreads. Usually, the higher the
liquidity, the lower the vola…
Read article
Translate to English Show original
SpecialFX avatar
SpecialFX 16 Aug.

But what happens if the price is 1.1971/72, some news comes out and the spread temporarily widens to 1.1961/82? Your stop would be filled at 1.1961. If you use the orders I recommend your stop will only be activated if the market actually reaches the price you indicated, because the more the spreads widen the less likely it is for the order to be filled. With the other orders the position can be filled at ''non-market'' prices during short periods of high volatility, because the more the spreads widen the more likely it is for the order to be filled :)

Myprox4x avatar
Myprox4x 20 Aug.

I learned few things from your article +1

scramble avatar
scramble 20 Aug.

yes right! indeed better follow your suggestions when using buy/sell stop orders or limit orders. can help a lot when market spikes!

MrSami avatar
MrSami 29 Aug.

nice.. good work.

berkek avatar
berkek 26 Mar.

This is by far the best article I have read in the community posts. Thanks for sharing.

orto leave comments