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5/26
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The Bitcoin price is extremely volatile and quite a lot depends on supply – demand of the Bitcoin and generally cryptocurrency. More demand impacts the price of Bitcoin, which starts to go higher quickly. As more people decides to sell Bitcoin or generally cryptocurrency – price becomes more volatile and going down extremely quickly.
For sure sometimes it is difficult to predict Bitcoin price, but its volume depends on global international relationship, have been going on in the world, particularly in Asia right now.
Recent volatility is considered to be connected with the major Chinese decision massively to block exchanges, trading operations and ICO already adopted in 2017, which made huge slump and unpredictable negative consequences for the cryptocurrency in the world. Taking into account geopolitical relationship between China and South Korea, including but not limited with Chine’s sanctions towards South Korea, constant sea territorial disputes and final contractual relationships between countries, South Korea decided to follow China in cryptocurrency issues, threatening to ban all cryptocurrency and remove exchanges. It seems to be hugely connected with big investments t…
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VALTRAD avatar
VALTRAD 29 June

Valeria_Lera, технический анализ. Выше $ 10 цена остаётся раздутой.

Slava_Z avatar
Slava_Z 29 June

Хорошая статья!

FE_GMTplus10 avatar

ок

wael1z1z avatar
wael1z1z 2 July

good job!

Leonko avatar
Leonko 5 July

Я тоже остерегаюсь криптовалют, потому что это все практически не прогнозируемо, а значит рисковано, проще просто ее майнить через криптокраны и выводить без рисков, а если торговать то с огромным капитовложением, на золоте сегодня можно намного больше сделать денег

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23/54
Ranking
Here I will write a nice correlation between two kind of sports - Fishing and Trading (Yes from different point of view trading is not only the process of making money but currently I see it as a different kind of online gaming sport) What Fishing Is - This is the process where you have prepared a few things, bait, tools (cord, fishing tackle net and other).
Similar in trading are the instruments (indicators, charts and others).
The main object in the fishing is the fish. For me the main object in the trading is the volatility. Why? Because like for the fish you have to wait whole day (some times weeks or even moths) just for several seconds to few minutes of huge market movements The problem with the volatility is that is can be very hard to recognize it correctly and like in the fishing you can catch a small fish instead of the big one. In trading you can make two things either take the profit before the huge movement in your direction or it can be false volatility with several rangy movements which must be very carefully avoided.
The problem is who is the fish, you or the market. The market is setting several baits so that you stay away when the real movement comes. If you wan…
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Natalia_Kisenko avatar

Very good article!

RahmanSL avatar
RahmanSL 26 Sep.

I too have compared trading the forex to fishing which requires tremendous amount of patience and interest....when the market is not moving much, I compared that to small fish nibbling on the bait but then, suddenly, a big fish comes along and strips line off which is similar to sudden market movement which cause the currencies to spike.

Yes, it's very important to keep abreast of geopolitical and economic news (fundamentals) because some sudden events will move markets which can be very different from what the technicals are showing.

Good article and well thought out : )

megajorko avatar
megajorko 26 Sep.

Thank you very much Rahman. I hope that this knowledge will help us to stop act as fish but be the real fisherman :)

RahmanSL avatar
RahmanSL 27 Sep.

Like many sports fishing can be addictive and, likewise with trading the forex market, we have to curb our passion : )

annamuzova avatar
annamuzova 27 Sep.

Very very interesting. Good article

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9/52
Ranking
Most new traders revel in leverage. They seek out brokers who provide high leverage, deposit a small amount of money and dream of the riches they will make. This is very delusional of course. But the subject of leverage seems to confuse a lot of professional traders and brokers alike.
Does Leverage Magnify Returns as Well as Losses?
It is often said that leverage can increase your potential returns and your potential losses. What is often missed if that this is not a linear relationship. While you can increase your returns with more leverage, it comes a point when this is counter-productive. In other words, past point X, for 1 unit of risk you don’t get a 1 unit of return anymore.
The Gremlins of Volatility
This asymmetric return works in three ways. First, increasing leverage always increases the volatility of your trading returns. These are our first gremlins, the gremlins of volatility. Take a look at our first picture below. This simple table showcases two hypothetical systems A in the first column and system B in the column below it.
System A makes 20 percent one year but loses 10 percent the next. System B on the other hand consistently makes 4.5 percent each year. Obvi…
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killer195175 avatar

good observations.

Beto avatar
Beto 3 Apr.

Very interesting information

ghfran avatar
ghfran 3 Apr.

nice one )

FXRabbit avatar
FXRabbit 5 Apr.

^_^ Gremlins

samymahrous avatar

great article

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21/59
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How did I come to conclusion that avoiding pairs with USD might be a good idea for some time?

Although I agree that US election definitely was a great, tradeable opportunity (though not an easy one), right now I see no certain direction that FX majors will go this month. After the election things went out totally out of control. We had several situation when USD moved opaque to data reads due to new President's decisions causing major upset and mayhem across the markets. Probably some will say it is their kind of environment to trade on - volatile, sometimes rapid. Yet everyone has to agree that we have a high risk of unscheduled and unpredictable events moving USD now in a rather unknown direction.
Sometimes it is better to play safe instead of lose looking for enormous moves, in other words, better safe than sorry. The conclusion to avoid USD pairs for some time comes logical as we should base our trades on past, meaning technical analysis or on extrapolation of past data, meaning fundametal analysis and both do not work as it should now. It is also difficult to base trades on Mr Trump since he uses to tell contradictory things.

Is there anywhere to run?

Yes, the…
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ak10 avatar
ak10 8 Feb.

Rightly explained. Very useful.

antoniogreenblue avatar

Good explained. Related do GBP I like and trade the GBP/JPY ;)

Beto avatar
Beto 12 Feb.

It seems to be nice work with cross pairs for now, good share of information and research.

FXRabbit avatar
FXRabbit 23 Feb.

Well written!

al_dcdemo avatar
al_dcdemo 24 Apr.

Great job!

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20/57
Ranking
Dear friends! In this article I want to discuss such important question as trading JPY by beginners of Forex.
From own experience: we read the recommendations in blogs, forums, books or heard from someone else, know that JPY is better not to touch when you're just starting to learn Forex market. Especially they recommend avoiding trading USDJPY sure if you don’t want to catch stop loss orders as well as Japanese fish.
Looking back, I see, understand, and realize that it is not true. This is just another illusion in the market - an illusion in our minds. The yen is much faster than the other pair, it can teach a beginner one of the most important things of the market - understanding the product with which you are dealing. In this case, the currency.

Just move on to the case and will be brief. Yes, the yen is very volatile and a little predictable, but these deficiencies overlap easily, if at all, do not turn to the pros, as should look at everything from a different angle to look at what can be used and what kind of opportunities. Here are main characteristics of the JPY:
1.) The yen is quite strong currency. Its movements are often stronger than that of other currencies.
2.) …
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anna_n avatar
anna_n 19 Aug.

nice

Mariya_Suhina avatar

intersting

HOME avatar
HOME 28 Aug.

交叉货币  我一般数据行情行情 会挂单多空进行操作。赌

HOME avatar
HOME 28 Aug.

日元,英镑,走势波动长期都最突出活跃。

HOME avatar
HOME 28 Aug.

祝你取得好成绩,继续保持

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25/52
Ranking
With the EU referendum on June 23 for Great Britain to exit from the EU currency bloc, we should expect to see greater volatility from currencies. So far, the consensus going towards an exit has been unfavorable, as trading has been negative with any hint of them leaving. Yet the financial polls show strengthening support to the contrary; people think that, essentially, Great Britain will stay. There is also rumor that investors believe this should be good for the Euro, based on consensus.
Systemically, there are plenty of indications that currency volatility should go up with Poland, Greece, Sweden and France expressing a loss of confidence in the EU, in addition to Britain. This run-on effect points to greater volatility in the FX markets.
NOTEWORTHY
Also noteworthy are comments from former prime minister, John Major, who had been in favor of a free-floating currency during his tenure, is reported saying that Britain’s intention to leave the EU is ‘a campaign verging on the squalid’. Here’s a link to the report at MarketPulse.
PERSONAL TRADING
I’m keeping an overall negative bias on the Euro, despite there being volatile upside potential, I would look for overbought le…
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pshan avatar
pshan 10 June

Here's the video.

Sveetlana avatar
Sveetlana 13 June

interesting

JuliannaS avatar
JuliannaS 14 June

video is good , it  is complementary article

black_box_xx avatar

good job!

klintons avatar
klintons 16 June

Good article

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26/52
Ranking
Hello again from Southern California! The school year is done, some wedding bells are ringing, and summer is nearly here. I wish everything were really that rosy, but summer doldrums are definitely in the cards for financial markets, and I’m hoping that tensions will subside, I sense that fear could take over with regions across the globe on alert as they are here in Los Angeles.
I am so excited for the Olympics and for the beautiful country of Brazil that they may have a safe and prosperous games. For this article I’m going to make it article as useful and entertaining as possible, so I’m embedding a video presentation that can be viewed, and here it is:
SHINY SPOTS
This week’s update is fairly straight forward, no surprises, which should be good for most. As I mentioned in the previous article, there are a few bright spots that are shining very well in the U.S. economy. Reports of new home sales soared very well and pending home sales demolished consensus expectations by a margin of 430 basis points with a 5.1% month-to-month gain.
JUNE RATE HIKE
The strength of the dollar was a bit of a surprise to me, but when factoring all the talk about rate hikes imminent for June, it’s…
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hrustiashka avatar

Good!

pshan avatar
pshan 5 June
FX Presentation 6 1 2016
Video presentation that accompanies article on 6.1.2016. Video presentation that accompanies article on 6.1.2016.

Thank you love! Here is the video link to accompany the article.

s_amira avatar
s_amira 6 June

Thank you for  your article!

Sennna88 avatar
Sennna88 7 June

good job! well done!

scramble avatar
scramble 9 June

nice idea to attach a video on comment section! can I steal your idea for my next ones :)?
I don't really see any reasons why the US should hike rates now a part of rumoring and shaking markets. Could be eventually a shy 0.10 hike. But I personally see this coming later this year (maybe)

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2/76
Ranking

1.0: Purpose of this Series

The tags cloud below summarizes the abstract context of this series.

2.0: Purpose of this article

I found myself face-to-face with this mess.
An analogy with the optimal dynamic non-linear system I can think of was my decision. Therefore, this article is a conceptualization analogical argument.
Choose your favorite but remember we are determined to find a baseline: a bare minimum.
2.1: Building Custom Tradometers

Many online services offer you to build car's custom dashboard, so will we from scratch and build a catalog of options in each class.
2.1.1: Display Types
2.1.2: Display Units/Scales
2.1.3: GPS Navigation


2.1.3.1: Where?


2.1.3.2: When?

2.1.4: Speedometers

Speedometers measure velocity and hence displacement. See Veyron below.
The Veyron was actually a financial instrument, the elevation is now a bullish candle, and finally the start (open) was replaced by the previous stop (previous close) to include any gap-ups in this case.
Let's take an example of a market's momentum indicator to see what it measures to our previous findings.
2.1.5: Fuel Gauges

Without fuel, you are going nowhere, trading volumes are the fuel for any market mov…
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wisdom_consultant avatar

S61P01: Теперь, вызывающее одно, после проведения концептуальной базовой линии, думал, по той же причине кто-то предпочитает зондировать импульс двигателя или обороты в минуту.

wisdom_consultant avatar

S61P02: Когда  оборот / мин двигателя увеличивается, он потребляет больше топлива, поэтому прибор-х клещей / мин (ТРМ) означает больший объем.
Это была проверка концептуальной модели.

wisdom_consultant avatar

Приборная панель включает в себя индикаторы для обоих рынков – Денег и Капитала.
Затем показатели были организованы в цветовой кодировке Affinity Диаграммы.
Это лишь часть четырехсторонней приборной панели.
ЗАБУДЬТЕ ПОСЛЕДНЕЕ

wisdom_consultant avatar

S06P01: Аргумент из аналогии

wisdom_consultant avatar

S07P01: Открытия часто совершаются, не следуя инструкциям,
Сойдя с главной дороги,
пробуя неиспытанное ".
Франк Тайгер

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36/76
Ranking
La très grande majorité des traders focalisent leur attention sur le momentum des cours, ils sont à la recherche d'une tendance qu'il tentent de capter. Cette stratégie peut se résumer de deux manières: soit ils attendent une cassure pour prendre la tendance à sa naissance, soit ils recherchent des retracements dans une tendance déjà en cours. A priori, cette stratégie est une excellente idée car les possibilités de gains d'un trade rondement mené sont importantes.
Cependant, focaliser son attention et son temps exclusivement sur les signaux de tendance est selon moi une erreur. En effet, un actif, quel qu'il soit, évolue la plupart du temps en trading range. On estime à 75% le temps passé par un cours à osciller entre deux bornes étroites. Ces bornes seront tantôt clairement définies, tantôt plus diffuses; on parle alors de zone, nous y reviendrons plus longuement dans cet article. Par conséquent, délaisser de telles opportunités de trading, revient en définitive à se priver de signaux autrement plus nombreux. Ajoutons par ailleurs qu'il va de soi que l'un ne va pas contre l'autre, bien du contraire ; une stratégie de trading range peut très bien laisser entrevoir des possibilités…
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tdbatinkov avatar

really well done

Skif avatar
Skif 11 Feb.

Vous pouvez aller au commerce. Euro pour l'instant dans un grand côté 1,05 -1.15. Juste peut-être la formation d'un triangle

zarina avatar
zarina 19 Feb.

interestingly written !

Olkiss70 avatar
Olkiss70 21 Feb.

one more nice strategy!  well done!

SofiaM avatar
SofiaM 13 Mar.

well done!

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4/61
Ranking
In this article, I will describe the thesis of my automated trading strategy that I made for the purpose of Dukascopy strategy contest. Trading strategy I use in this contest trades only one currency pair - EUR/USD and it does not use any indicators. The main idea of this trading strategy is derived from the trading times of the eight largest financial centers in the world that are lumped into three sessions known at the Asian, European, and North American sessions. Although the forex market is open 24 hours a day the activity in a given pair is not consistent throughout the day.
Figure 1: EUR/USD volatility
The Asian trading session is characterised by small movements, low volatility, and more binded to previously established support and resistance levels with smaller probabilities of breakouts. Due to this reason my strategy opens countertrend positions in Asian trading session. Trend in question is short-term, defined by a few hourly candles.
Figure 2: Positions opened during low volatility sessions
The European and the North American session experiences some of the largest moves in the market. The volatility hits its peak in New York City where fundamental factors drive the maj…
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9jakas avatar
9jakas 23 Sep.

Good Trading report

CriticalSection avatar

As a professional computer programmer I admire your tenacity to parley your ideas and knowledge of the markets into a functioning piece of computer code via the visual development environment. You've done a great job and must simply keep up the good work!

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6/58
Ranking
The entire financial system is going to be put at test in an no so distant future and since Greece has been on the front stage for such a long time I think it's time to address this issues and give you my own perspective on this matters and what would be the implications of an disruptive event like Grexit.
There are many times that nothing happens for a long period of time until all of a sudden everything happens at once and what is more important the markets are paying attention and we get extreme moves like we saw last week.
For traders who operates in the FX Market it's easy to understand that Greece debt problems was that they converted their debt from drachma to euro and then the currency rose from 80 cent to $1.60 against the US dollar. This effectively doubled their debt in real terms and now servicing that debt is almost impossible without a serious debt haircut.
  • Greece Referendum

Since I'm writing this article over the weekend I have no idea what the outcome of the referendum would be. So, you may be asking yourself what is this Greece Referendum all about, and in simple words is this: Greek people are being asked to vote on whether to accept/ or not current proposal fr…
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Lyubant avatar
Lyubant 22 July

great!

Agnessa26 avatar
Agnessa26 27 July

Good Job!

anna_n avatar
anna_n 27 July

very smart, very!

Metal_Mind avatar
Metal_Mind 27 July

This is a never ending story. It may be prolonged by the EU ,,unity sentiment,,  but in my opinion the result will probably  be an exit just one costing a few hundreds billion euros more. Great points made as always.

WallStreet6 avatar

Great article! Nice approach to the topic! Now we know that with Greece nothing is definite and there may be even more turnarounds eventhough the situation seems resolved.

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11/76
Ranking
Since many people have inquired me about my newest strategy that I've started running in the Strategy Contest since last month I thought it's best to write an in depth article that can be useful especially for guys who are still beginners with Visual JForex and secondly it will be useful for those who want to understand better the ins and outs of my strategy and answer question like why I choose to run the strategy only between some specifics hours and not let it run without interruption.
Since I'm an advocate of keeping things simple as possible, building up my strategy it will be quite easy even for a novice. But don't worry this article will guide you step by step on how to build up the strategy. The process of creating a strategy is what Dukascopy likes to see, so that was the main reason why I've decided to write this article.
By now I'm sure you must be intrigued by the article title, you may think it sound to good to be true, however the backtesting results show this strategy has generate in excess of $0.8M profits since beginning of the year. It has posted profitable month after profitable month with just one exception, the month of February, wh…
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Daytrader21 avatar

marius24 LOL... Thanks bro.

Jignesh avatar
Jignesh 29 June

Nice article, and good explanation of your strategy.  Wish you the best!

Daytrader21 avatar

Jignesh Thank you for your support

Gannforex avatar

"Even thought it has a large SL this is compensate by the higher profitability rate as it has a profitability rate of 98%. " This does not compensate though. "Secondly it's best not to run the strategy during Asia session, you're going to be wiped out. " or any other time. Have you found a solution to this yet?

Daytrader21 avatar

Gannforex Unfortunately I haven't spent any time to optimize the strategy as I was busy with other stuff. I only crated this strategy because of the Strategy Contest. I know that for the most of the time the strategy will lose, but I'm waiting for that one month when the market will be in a strong trend than for sure my strategy will yield a nice profit. and last thing lets remember that EUR/USD has been moving in a range in the past year.

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21/44
Ranking
The years I have spent trading I have dedicated on the most widely used indicators. Specifically they are the momentum indicators – RSI (relative strength index), CCI (Commodity channel index) and the moving averages of any kind. Lately I have involved the use of volumes to identify the volatility and this article is on my latest research on the connection between volume and volatility. For most professionals who have traded long time this can seem obvious but maybe you can also find something new.
Traded volume highly depends on the opened markets session. Highest volume is during New York and European opened sessions - when they overlap. Usually this is the time when the volatility is at its maximum for the day.
Figure 1
According to the figure which is the latest EUR/USD setup we can see 3 things.
1)After breaking the support RSI and CCI are no more valid instruments for use.
2)The big volumes were extremely bearish
3) After waiting enough with a good setup for involving again RSI and CCI we can use the 70%RSI and some specific use of CCI for our next good shorting.
This is only an example. Usually we must have good statistics and of course this pattern will never repeat ag…
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Olga18375 avatar

Interesting thoughts!! well done

MobNaga avatar
MobNaga 26 May

Interesting

anna_t avatar
anna_t 26 May

nice!

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2/44
Ranking
The US Dollar has been on the spotlight since beginning of the year as momentum has surprised everyone. Retracements continue to be shallow. The dollar bullish trend is well mature on its own and I thought it's the perfect time to reinforce my view on the dollar as many are asking: what's next for the US Dollar?
This is the US dollar's fastest rise in 40 years, and it's up 14% on this year alone, and I was one of the few to speak about the dollar rally, even before the trend to be put in motion.
Explaining the dollar's incredible turnaround, at current speed and velocity is not quite hard to explain if you have been following my articles. There are plenty of evidences, from my side, as I was preparing for this kind of move. To understand better what it's happening with the dollar i'll suggest to go over and re-read my previous articles here:
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Daytrader21 avatar

For those who are interested to find more about my own view on the US Dollar, I wrote last week an blog post talking about the 1980-1985 US Dollar analog which fits perfectly to current market environment and also it's a fractal for current price action. See link above.

foreignexchange avatar

Thanks, this article is interesting and qualitatively. Did you also have some correlation analysis with labour market ?
Great article 

Daytrader21 avatar

foreignexchange Unfortunately I never looked into that stuff, when it comes with the currency market the 2 most important things I look at are inflation and interest rates I think that anything else will just alter the view of the market, of course this is just my own opinion. Thanks

Illya avatar
Illya 27 May

It looks like you spend a lot of time for this report.Good job!!!

Daytrader21 avatar

@lllya It takes some times to put all the pieces together and also I do a lot of research because I want to provide high content to my readers. Thanks for the good words.

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13/33
Ranking

Abstract The US GDP announcements are investigated using a 1 min. chart for spot Euro-Sterling exchange rates. A trading strategy is tested for the GDP/USD to take economic advantage of these relevant releases.The results of each individual tested macroeconomic announcement is described in function of the volatility, the profit and the difference between the forecast and the release values. The results suggest that the strategy respond in a statistically significant manner to the US GDP releasing information reported by the U.S. Bureau of Economic Analysis. The efficiency of the strategy is correlated to the relevant differences between the ex ante and ex post volatility.This study utilises the data for Euro-Sterling provided by the Dukascopy Platform.
Keywords US, GDP, forex strategy, hedging strategy, Cable, GBP/USD. Introduction
Foreign exchange (FX) volatility is correlated to notable macroeconomic announcements as they provide information on the overall state of the countries economy as indicated on the works of Luc Bauwens, Walid Ben Omrane, Pierre Giot.This can result in changes in FX rates as market participants change their positions.The interest in FX volatility pa…
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Daytrader21 avatar

Very well written and I'm very impressed by the high level of information, however there is one thing that this strategy doesn't take in consideration, which is the spread and as rokasltu has already mentioned it can Very well written and I'm, very impressed your strategy can be negatively skewed.

marius24 avatar
marius24 30 Dec.

Hope this strategy will help you to earn some money. Good luck

khalidamassi avatar

seemed useful article, rich with figures and tables,but in real accounts scalping during strong news like US GDP is not easy, due to quick up, down movement it is not warrant that the order will be activated or closed according to your entries.at all, you have strong article and should compete here.

al_dcdemo avatar
al_dcdemo 31 Dec.

As some readers have pointed out, and from own experience, news trading is no easy task for retail traders due to increased slippage and spread. So in my opinion it is absolutely vital to incorporate these two parameters into strategy. Very well written article.

Stix avatar
Stix 4 Jan.

Thank you so much... I thought it was very well written and useful. :) :)

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