Article Library - Forex Article Contest - Dukascopy Community

Article contest

FX Community

Article contest

Article Library

All articles Current month Search articles

Sort by:

greed

Trading

Forex

technical indicators

trading system

market

Trading Plan

eurusd

FPML

audusd

emotions

mistakes

Trader

trading setup

Quantitative

Financial

analysis

strategy

fiction

market overview

CUDA

physics

trading strategy

risk

technical analysis

story

trading psychology

Kdb+

chf

Qunat

The World of Forex and Their most Influential People

Ranking 9/17

World Of FOREX Influential People FOREX quotes big player

Posted yesterday at 16:10 GMT by PPandM

Most of us know all about the largest financial market in the world - The foreign exchange market or just known as “FOREX” or “FX” with its absolutely enormous day trade volume of approx. 5 TRILLION Dollars! But, let me identify the Big Players underpinned with some figures. I would like to describe as well some influential people of this rocking business. It might be interesting for newcomers and the circle of interested people.

Did you know that … (?) ... The United States of America easily is the most dominant player on the FOREX market. While the United States only has one trader in the top five FOREX market traders and holds over 24% of the the entire FX daily trading volume.
Did you know that … (?) ... The United Kingdom is also another major player on the FOREX market. Much like The United States, the United Kingdom also has a major trading center in London. The United Kingdom has approximately 22% of the daily trading volume. The United States and United Kingdom hold positions 3 through 10 on the FOREX top currency traders list. It seems as other countries in the world do not have a large effect on the FOREX market, but do not be fooled.
Did you know that … (?) ... Germany holds the top spot in the FOREX traders list, and Switzerland holds the second spot on the FOREX list. These two companies make up over 36% of the daily total volume of the FOREX trading market.

…

Translate to English

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 : 2

On-line Parameter Optimization for Automated Strategies

Ranking 8/17

on-line optimization automated strategy forex machine learning

Posted yesterday at 10:11 GMT by olga

On-line parameter optimization for automated Strategies

Most strategies have parameters to set and depending on the situation, a certain parameter value does best. The result is that most strategies work for a while and then aren't valid anymore. But the entire strategy might not be obsolete, the parameters just need fine-tunning.

Here I’ll show you a way to optimize the parameters while the strategy is running and I compare it to a strategy where the parameters are set once and for all at the beginning of the test period with classical optimization over a period in the past.

When is on-line parameter optimization applicable

Just for the sake of having a real-life example, the method is applied to an automated strategy which I talked about in my previous article this month. However, the method is applicable to any strategy with optimizable parameters. The strategy in question gives a probability that the next movement will be positive or negative:

If you have a strategy that works in the way of the drawing above, you’ll soon notice that having a position open at all times isn’t
the best idea. A better plan might be to only open a position when the probability of a rise is eith…

Translate to English

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 : 0 | Likes : 1

Bet Trading - Part1 Concepts

Ranking 7/17

BET TRADING TRADING SOCCER BETS

Posted on 6 Mar at 12:02 GMT by LinnuxFX

A lot has been written about many subjects in this contest, if I remember well up articles on póker have gone through here. So, my article is also not on Forex, but the philosophy has everything to do with the currency market. Today I will write about sports betting. When I talk about sports betting I do not mean conventional betting, but BET TRADING.

TRADING is an aspect of betting, which allows us to gain with the variation of the bet, rather than to win with the bet itself. With bet trading, the trader can make money whatever the outcome of the game. Trading does not dependent on the victory or not of one the teams. In order to make bet trading we have to consider 2 important aspects:

Are needed at least 2 contrary bets, ie betting in favor and bet against, only then we are able to do trading.
It is only possible to trading on a betting exchange where traders have to bet against each other and not against the HOUSE.

To understand how BET TRADING works, we have to realize what is the quote or ODD. ODD is the inverse of probability. The higher the ODD of a team, the more unlikely it is that this team wins the challenge, but it is also h…

Translate to English

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 : 7

Good Day.

Ranking 10/17

People and Forex My prediction Money and Forex.

Posted on 6 Mar at 12:01 GMT by diamondlife76

Good day.

People and Forex. To learn how to trade the Forex market , I signed up for training courses forex trading . In the beginning we had a lot in a group of 40 people (we studied the theory ) . People of all ages from 18 to 70 years , and maybe older. Then we were divided into groups in which a man was 7. Next to me sat an elderly man, 70 years old . He trade in the market and was interested in his years, he was well versed
in the program enthusiastically interested in everything , I helped him
in every way . When training grasped all raid and helped others.

Once I came for consultation to the company that I taught , I was asked to wait koncultanta . I looked beside me at the computer sat an elderly man of 80 . He was very old and still he learned his trade in the market. I was surprised .

You know what I love about the profession of trader ? This is something that the profession has no age ! You can trade up until your eyes see, and the head works .
Now about the Forex market is known to many people . Recently redecorated , has established a door at home. Invited a carpenter , he was a sociable person who knows a lot and know how. We talked about various things , he comm…

Translate to English

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 : 1 | Likes : 3

Automated High Frequency Trading with the Lstm Net

Ranking 3/17

strategy automatic neural network commission spread

Posted on 4 Mar at 14:54 GMT by olga

High Frequency Trading

Instead of trying to make a lot of money quickly, we should try to make a constant profit. Strategies that bet weekly or daily cannot guarantee this because the assessment of the strategy will automatically be made on too few trades. For example, a strategy with a 20 day MA that keeps positions open for an average of 10 days can only have about 10 truly independent trades per year. Whatever the strategy results, they cannot be trusted to repeat in the future.

On the other hand, a strategy that bets on the scale of the tick can easily make thousands of truly independent trades and therefore, the results are much more likely to repeat in the future.

However, there is the drawback that movements are going to be very small and beating the spread and the commission proves almost impossible. Our method allows us to predict a few ticks ahead with more than 60% accuracy consistently over very long periods. this is not yet suficient to make a profitable strategy because trades cost more than they yield. However, we are allready beating the spread and a good share of the commision and there are a few leads as to future improvements.

The LSTM net…

Translate to English

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 : 3

That Great Love of Forex Trader.."discipline"-part 2.

Ranking 5/17

forex love discipline trader trading emotions control

Posted on 3 Mar at 12:20 GMT by independeceday32

HOW TO CONQUER IT

Last month I wrote an article doing an analogy between the search for an elusive love and the pursuit of the discipline by forex traders, you can read the article here.

In this second part following the analogy I will describe how we can conquer this great love through the control of emotions. To this end, I will describe in this article three steps, which I consider fundamental, to control emotions.

1.-UNDERSTAND THE EMOTIONS IN TRADING.

If we do not understand because we feel emotions when we do trading difficult we can confront them and even less to control them to our benefit.

1.1.-Understand why we feel emotions in trading.

There is emotions in trading is something indisputable and that these affect negatively our operational also, some trader have compared the emotions that feel when they do trading that can feel anyone who practices a sport of risk, this makes it clear that the trading is a very emotional activity, and more forex, that the market is more liquid of the world.

Persons entering the trading for the money but stay for the emotions that feel, for many people feel winners is many times better than the money earned.Ultimately feel emotio…

Translate to English

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 : 5 | Likes : 5

A Simple Way to Scalp Forex Market

Ranking 1/17

Forex Scalp Volatility Correlations

Posted on 3 Mar at 11:46 GMT by Relu21

A Simple Way to Scalp Forex Market

I’m not a guru ,I’m not an experienced trader .I have some knowledge ,but I’m still learning . In last 2
years I bought many “”strategies”” or “”systems”” .No work .The sellers claim to be 80 even 95 % winner ,their strategies .
So I decided to build my own Scalping Method . But , because I have daily job , I need one with 2 options:

1.Buy or Sell at Market Order(when I’m in front of my computer) ;
2.Set and forget .

First step is to see which pair have good volatility that day and the hours with best volatility .

If the price of Forex moves up and down rapidly over short time periods, it has high volatility ,breakout followed by trend . If the price
almost never changes, it has low volatility ,sideway or contraction .

For volatility we have many sites which offer graphic charts on hourly day volatility and for weekday .

Look at these picture :

Picture nr.1 is from 06:00 AM Picture nr.2 is from 23:00
(yellow bar is 06:00 -GMT) (yellow bar is 23:00_GMT)

…

Translate to English

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 : 14

Health Tips for the Chronic Trader!

Ranking 6/17

Healthy trading living Healthy and rich high pressure hobby

Posted on 3 Mar at 07:26 GMT by P3tr4

First of, I'm not a Medical Doctor, neither I do have any medical degree of any sort.

These health tips are from experience and observation, and I believe they just might help make trading less stressful and life more enjoyable.

I do not care about what you have heard or been told, but trading is one of the most stressful types of job anyone can have. By trading, I am referring to the financial markets; these markets include the stock markets, money markets, currency markets and derivative markets. Trading is one of the few occupations that combines two very primal human emotions; fear and greed.

It is one of the few occupations with a very high suicide rate. The National Institute for Occupational Safety and Health has compiled data which shows that high-skill and high-stakes jobs have elevated suicide rates. There was a time when it was almost a cliche to hear of traders jumping out of building windows to their deaths, after a major loss.

Trading is all about high-stakes and skill. Whether anyone chooses to admit it or not, the loss of funds can be very disheartening,

and there is nothing like the thrill of massive returns after calculated market risks and entries.

Eve…

Translate to English

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 : 3

Ukraine a Geopolitical Event. Cycle of Wars.

Ranking 2/17

Geopolitical Event Ukraine Russia War Cycle Gulf War Gold Stock Market USDJPY

Posted on 2 Mar at 18:59 GMT by Daytrader21

No more than 2 weeks ago I've made an analysis over Ukraine crisis and what does it means to the market, if you wish you can read my blog post here: Olympics and Stock Market Correlation. Cycle of War

I've also draw a parallel between: "1980 Moscow Olympic game, Russia invaded Afghanistan. 2014 Sochi Olympic game, Ukraine next? I seepatterns everywhere" I have to say that I'm just amazed by the accuracy of my prediction and how things have unfolded.

Also another remark was that we have to keep an eye over the currency market as this geopolitical event will trigger massive outflows from Ukraine’s currency Hryvnia, and since than we hit historic new lows almost each day as the Hryvnia was in a free fall (see Figure 1).

Another remark I've made was about what tactics Russia will engage in:"It seems Russia has learned from the 1980's boycott and that's the reason why they didn't demand action in Ukraine before the Olympics." basically I was saying that any Russian intervention will only take place after the Olympics. I'll have to say again that I'm very impress by the accuracy of my predictions and my thinking. I…

Translate to English

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 : 11 | Likes : 8

Current Position of NZD Pairs

Ranking 4/17

NZDUZD NZDCAD NZDCHF NZDJPY AUDNZD EURNZD GBPNZD

Posted on 2 Mar at 12:16 GMT by IGUMZFX

THE NZD INDEX CHART.

The Chart above is the Current NZD Daily Chart.The price is 1.4578 at the close of daily chart Friday January 28,2014 at a very strong Resistance after a pullback to to re-test the new high that formed the Resistance. From the chart when NZD Index price hit and reacted from the daily Resistance line it formed a Bearish Pinbar. The Bearish Pinbar indicates that NZD index is weak as price was unable to breakout from the daily Resistance line.
The reason I choose to write on this topic is for traders to understated the trend direction of all NZD Base and Counter pairs and to take good advantage of it as the market opens this week Monday March 3, 2014.

THE IMPORTANT OF THE NZD CHART ABOVE

The NZD daily chart above is very important for any trader that want to trade the NZD Base pairs and NZD Counter Pairs.The Chart tells us that NZD index is very weak when the market open this week Mo…

Translate to English

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 : 1 | Likes : 1

Betting like a Professional

Ranking 19/29

Discipline Psychology Mathematics

Posted on 26 Feb at 05:32 GMT by yonseo

First I will consider several cases to see how they relate to trading itself:

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

CASE 1:
You are betting on a coin toss. The expected win rate would be 50% whether you choose heads or tails. However if we make a sample of 10 coin tosses, then this does not mean we will always get exactly 5 heads and 5 tails. Sometimes you will get more
heads, sometimes more tails, and in extreme instances you may even get 10 heads in a row or 10 tails in a row.

What is interesting however is the concept of time in relation to your bets on the coin toss. Since it takes longer to make a sample
of 100 coin tosses and even longer on 1000 or 1000000 coin tosses, you will notice that the more you toss the coin the closer the distribution of heads and tails becoming 50/50.

This means if youhave $100 and your opponent has $1000000, there are several interesting points to consider. You are already at a clear disadvantage due to the size of capital. This is because if you bet $100 per toss, then it is almost 100% certain that you…

Translate to English

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 : 1

A Guide to Barrier and Touch Options [1]

Ranking 9/29

FX EURUSD Barriers Options

Posted on 24 Feb at 21:03 GMT by AdrianWS

From request, today I will look into Barrier and touch options. Touches are probably the most logical of all exotic options, quite simply if you buy a touch option, the market needs to hit the strike of the option to pay out the full amount, conversely if it doesn't reach the strike before the expiration you lose the premium. It is pretty binary in its outcome. Like with all the previous option related articles, I will steer well clear of the maths side of things and won't look at complicated equations and try and explain concepts with words as best I can. Due to the length and detail involved in this I will only look at the importance of touch options - I will however endeavour to continue this on and look at barriers

So a more detailed overview of barrier/touch options. There are 3 common types of touches - One touch, No touch and double-no-touch. They are reasonably self explanatory, but buying a one touch profits if it touches, buying a no touch profits if it doesn't touch a predetermined level, and a double-no-touch pays out if the market stays range bound between two points. Pretty simple I hope, if not, it will become clear when looking at an example.

So what we have here …

Translate to English

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 : 3

The_i.sixth

Ranking 12/29

Strategy Automation Breakeven Drawings

Posted on 24 Feb at 14:51 GMT by scramble

Introduction

This is a quick conclusion of previous article series titled "The Fifth Element (part 1-2-3)" where I exposed how I made an automated strategy working in semi-automation and using it just as a visual reminder of possible good trade events, and implementing a widget in a chart to immediatly buy/sell an instrument with pre-fixed SL/TP orders and size. Here you find links to previous series "The Fifth Element".

As you may know, I'm not (yet) an expert Java programmer, and as a great beginner I did some minor errors, indeed the code was working but not perfectly. In this quick article, which opens to my next presentations as well, I am only exposing how I solved these minor issues and how I took the opportunity to add some few improvements, (the sixth indeed).

Configurables

Trading with MAs is one of the most simple and various ways traders use to detect a price direction, and due to the vast amount of different MA settings, I decided to make it personalizable when strategy starts. But as always once I did this, I realized it would be better to personalize almost everything, such as position size, stop loss, take profits etc... Here in following picture you see the setup window appearing at strategy start:

You can choose preferred instrument and timeframe;
Position size has to be fixed according to your needs: I avoided to impose a money management since every trader has his/her own one. By default, you will be able to open a 10.000 units trade (about 1$ x pip);
Here you can set the TP/SL distance on trade execution: on faster timeframe this will be tighter, while you could decide to trade off a 4h chart and use a 150 or 230 pips distance;
This is to set the minimum price distance from trade opening, before you can set the automatic trailing stop at breakeven (exposed in next paragraph);
I thought was good to set the timemarker colours, depening on your own chart colors setup;
Here you can set which EMAs to look for: you can choose for example a combination of eMA200 and eMA50 to use in M5 charts (quite interesting indeed). The CheckDirection sMA, is the one used as a filter for possible fake moves (exposed in part 2);
Finally you can set the LinearRegressionSlope indicator lookback periods. By default it's a 96 periods (part 1 ) but one can set differently, depending on timeframe and preference. I would not suggest to setup it too much fast, below 30periods I personally don't see any benefit, but as always... i could be wrong!

…

Translate to English

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 : 1

Will Continue Being Strong Euro in 2014

Ranking 15/29

euro dollar forecast 2014 strong technical analysis fundamental analysis European economy U.S. economy

Posted on 24 Feb at 11:04 GMT by independeceday32

From October 2013 the contribution of the EUR-USD has entered in a range between levels 1,3850 and 1,3470, Although during the month of November, after strong data from the U.S. economy, there was a downward extension of range to 1,3300,the price soon reversed this fall and I send it back to the range.

During thefirst two months of this year the couple has kept the range and although in January seemed that the quote was southbound, weak data from the U.S. economy in January and February, will be only the weather?, have given strength to the euro to climb back to the top of the range.

To reallyknow if the euro is really strong , let's go to the kitchen and review the ingredients in this recipe.

FIRST INGREDIENT: FUNDAMENTAL ANALYSIS.

˃THE EUROPEAN ECONOMY is showing signs of improvement, and it seems that the recovery is stable, although risks of Europe appear to have been reduced, remains asymmetries with France and Germany to improve its economic data, but with problems on the periphery where the economy growth is still negative, especially in the case of Greece, where youth unemployment is very high (61%) also still having problems in Cyprus, Spain,Italy or Portugal.A bad une…

Translate to English

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 : 7

That Great Love of Forex Trader ..... "discipline".

Ranking 18/29

discipline psicotrading psychology techniques theory success trading markets

Posted on 21 Feb at 09:30 GMT by independeceday32

Sometimes love is elusive,the more we reject more we fell in love,the first years of our lives of traders while we are learning how difficult that is the world of forex,to us it seemed so easy at the beginning,we try to get that great love matches us,we lose our trading account trying to conquer it,In this case we don´t spend our money on chocolates, flowers or gifts,but we left our account of trading in bad positions committing the same mistakes over and over again.When we got to conquer our great love, for a few months is an idyllic love story our positions are in accordance with the trading system and our account begins to rise with a stable curve.Then appears on the scene who believe friend but it's really a great enemy... "the confidence",and invites us to get out of cups and then as usual our great love learns our unfaithfulness and will be on our side ,then confidence only us wanted to pass the time is going fast and we send to the most feared of our enemies..."the fear", and this comes without any compassion and in a single day, thanks to the trust, thank you to think you're the best trader in the world and that it is not possible for that mistake, you stab your trading acc…

Translate to English

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 : 14 | Likes : 13

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 »

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.com twitter facebook		Terms of Use Important Disclaimer Trading with DukascopyCurrent AccountWhat are binary optioCooperation with DukascopyHomeFor WebmastersDukascopy TV - TodayFAQ Geneva Forex Event Mobile Version (beta)		Site Map Report an issue

© 1998-2013 Dukascopy^® Bank SA
On-line Currency forex trading with Swiss Forex Broker - ECN Forex Brokerage,
Managed Forex Accounts, introducing forex brokers, Currency Forex Data Feed and News
Currency Forex Trading Platform provided on-line by Dukascopy.com