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A break-out strategy as the name implies is a strategy that relies on market price breaking out of a recent range area and making a new high or a new low. A break-out trader is looking for situations where volatility is reduced and the market price has formed a narrow trading channel or range; the aim of this search is to establish a position as soon as the market price leaves this range. Such a trader would be buying if price breaks out of the range in the upward direction and selling, if the break-out occurs in the downward direction.
A range is usually bound at the top by a resistance level, and below by a support level.
An example of a range or channel can be seen below.
The logic behind break-out trading is to take a position when either the resistance or support levels are broken, in the direction of the breach, on the assumption that price will continue to move in the direction of the breach.
So from the above screenshot, we would be looking to sell once the support level is broken.
The hardest part about trading break-outs is recognizing the range or channel, because what one trader might call a channel may not be a channel to another trader. So it is important to have cl…
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CharmingRimma avatar

so nice!

yellownight avatar

сколько графиков

CD1V1 avatar
CD1V1 20 Nov.

nice

anna_n avatar
anna_n 20 Nov.

so nice!

Forex_champion avatar

nice

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23/41
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Before trading technologies evolved, before charting software were developed, before advanced algorithms were created to analyse price and take trading decisions, there existed a simple yet very effective tool which generated loads of profit. This tool is called Trend lines. I prefer to call them the oldest known FX secret; they are well publicized and there is a ton of information about how to trade using trend lines, yet every few traders realize the impact this tool can have one a trading career. The beauty of trend lines is that they can be applied on any chart and on any time frame.

The forex or currency markets are mainly governed by demand and supply. When the demand for a currency is high, the currency appreciates. A vibrant and robust economy usually gives rise to a strong currency. In the same vein, an economy facing economic or financial crisis usually experiences a low demand for its currency. The principal task of every trader is to determine which currency or currencies is/are in demand, and exploit that information for financial gain (Almost sounds like insider trading).
Demand and supply are very visible on the charts. Resistance and support levels are the best in
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VictoriaVika avatar

Oh, thats  a good information, thank you for sharing it.

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22/34
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The hardest part of trading is waiting for the right setup. Sometimes it might take days to get the right conditions that make you comfortable in taking a trade. That’s what happened to me during the last trading week of July 2013 with the GBPJPY pair. The Plan My plan for the week (22nd – 26th) was to get a trade with the lowest risk possible and highest reward potential. I am drawn to the Japanese yen pairs because of their high volatility. It was either the GBPJPY or the EURJPY, I chose the GBPJPY because it is more volatile than the EURJPY. The GBPJPY The first thing I noticed about the GBPJPY was the fact that the pair was caught in a range, with resistance around 153.3 and support around 152.4 as you can see from the chart below. My best bet would be to trade a break out from that range. The four-hour chart at the time was not very helpful either, the conclusion was the same, the pair was ranging. On the 24th of July, price broke out of that range and I prepared to launch my long trade. The break out occurred before the U.S session, so I waited for the U.S session to take my trade. Before the U.S markets opened, the pair had dropped back down towards the resistance area and…
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IGUMZFX avatar
IGUMZFX 9 Aug.

The pair is good to trade and if it move in your favor makes good pips
Good one man

AdamFx42 avatar
AdamFx42 10 Aug.

Very interesting Trade - I'll remember this, thank you!

P3tr4 avatar
P3tr4 22 Aug.

maybe you just got lucky. :)

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28/67
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   Greetings dear traders in the Dukascopy Community. This week we will watch the Key Levels on the 4 Hours charts for the Major Pairs: Eur/Usd (Fiber), Gbp/Usd (Cable), Usd/Chf (Swiss Franc), Usd/Jpy (Yen). After we will identify the main Key Levels that we have to watch for the Price Action Movement, we will be able to compose the bullish, bearish and mixed scenarios charts.   First of all You have to read the article that explains the Key Levels that I use in my Technical Analysis, to better understand the probabilities scenarios formation.   The main  instruments that we use for our analysis are : Monthly Pivots (Main, S1, S2, S3 and R1, R2, R3),Weekly Pivots (Main, S1, S2, S3 and R1, R2, R3),Simple Moving Averages - SMA - 30, 50, 100 and 200,Fibonacci Retracements,Supports and Resistences,Trendlines and Channel Trendlines (During the Trends and Sideways Movement).   I strongly believe that a technical analyst cannot predict the future Price Movement with high accuracy based only on the Hystorical price movement. That is why I propose multiple scenarios in my Analysis, Bullish scenarios, Bearish scenarios and Mixed Probabilities (when the Key Levels fail). All these probability…
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Nicco avatar
Nicco 10 May

Interesting and easy to use for me as an amateur! +1

OneGoodTrade avatar

It was good to see you on the Dukascopy Broadcast a few days ago. :)

doctortyby avatar

@RobertBric: It's nothing funny about a Key-Level that is broken and confirmed and then with no signal from the volume analysis or candlestick formations, turn around against your position with a high momentum on low volume. This could be an argument against my hypothesis. :)

Dieselfx avatar
Dieselfx 20 May

the charts are a bit cluttered, he wants to say

Schaolin avatar
Schaolin 23 May

very interesting your articles , success this month +1

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31/67
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    In this article I will point the main bullish and bearish key levels, I will classify them according to their importance, and I will post the bullish, bearish and mixed probabilities charts. You can read about the classification of the Key Levels here    We will use the Daily charts in analogy with the 4 Hours charts for our analysis.1) Eur/Usd - Daily Chart (02.05.2012) - Monthly view,   a) - Bullish probability - Key Levels to watch:          - 1.316 - 1.320 area  - confluence between the Main Monthly Pivot, Main Downtrend line and 38.2% Fibonacci Retracement (2nd level Key Area),          - 1.328 - confluence between the 200 DMA and 23.6% Fibonacci Retracement (1st level Key Level),         - 1.341 - confluence between the Monthly R1 Pivot, resistence from the 1st of April and the Secondary Uptrend line (2nd level Key Level),            - 1.349 - Resistence from the 1st of March (simple Key Level),            - 1.359 - Monthly R2 Pivot (simple Key Level).    b) - Bearish probability - Key Levels to watch:         -  1.303 - 1.306 area - confluence between the Monthly S1 Pivot, the supports from the 15th of March and 16th of April, and 50% Fibonacci Retracement (2nd level Key…
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LinnuxFX avatar

nice point of view, you were well in today's webinnar, good luck...

OneGoodTrade avatar

Congratulations for your success in this contest ! You are really good at what you are doing.

Schaolin avatar
Schaolin 16 May

many congratulations for what you do +1

Dieselfx avatar
Dieselfx 20 May

keep up the good work ;)

belman avatar
belman 25 May

Great work and more graf to look

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