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NZD False Breakout N/A/7
Posted yesterday at 15:47 GMT by fxigor Ranking
NZD Nzdusd Trading Plan Trading Strategy
1.0 Introduction
If we look at the world economy and compare the interest rates we will see that the NZD has the highest interest rate of 3% .While Gross domestic product was only 0.2% and Global Dairy Trade Price Index declining for 18 weeks we can see a lot of room for more rate cut. in the future.In May NZD was clearly desperate decline in employment in the first quarter. All economic indicators point to the poor state of the economy of New Zealand.
In this article I will try to show the fundamental and technical analysis of the NZD currency, and to point out that there is still room for new lower price levels, new bearish wave.
2.0 Fundamental analysis
Rate cut was imminent in July. All analysts had hoped, and as always happens, after such decisions the currency starts to fall further.

Figure 1: Rate cut economic event in July 2015.

But when we make analysis we need to be open-minded. So I will give you in Figure 2. fundamental events for and against bullish and bearish direction.
Figure 2: Economic events which can cause bullish or bearish scenario for NZD/USD

As I wrote in introduction, bad employment data, weak GDP and now rate cut, everything points to the poor state of …
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AUD/USD: Fundamental and Technical Analysis. N/A/7
Posted yesterday at 13:52 GMT by llolor Ranking
Technical analysis AUD USD Federal Reserve Article Contest AUD/USD Rba Fundamental Analysis

Introduction

The understanding of fundamental and technical factors affecting a currency pair will be critical for the success of any trader. Whilst fundamental analysis will give the general direction of the trend in the medium to long term, the technical analysis will give the trader indications and signals of entry and exit.
This article takes a look at some of the fundamental factors from Australia affecting the Australian dollar. Technical analysis of the AUDUSD is also performed.
Monetary policy
  • Australia.
In the monetary policy meeting by the Reserve Bank of Australia (RBA) on the 7th of July 2015, the central bank left the cash rate unchanged at a record low of 2%. Fig 1 below shows the interest rates in Australia.
Fig 1: Australia Interest Rates
In the statement, the policymakers were of the view that the monetary policy needed to be accommodative since the economy is likely to be operating with a degree of spare capacity. To this end the record lows interest rates will likely remain in place.
  • USA
The Federal Reserve (Fed) is widely expected to start increasing its policy rate later this year, but some other major central banks are continuing to ease policy. Thoug…
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The History of Ducats N/A/7
Posted yesterday at 13:12 GMT by MrLOSS Ranking
Europe Dukat History Of Money
INTRODUCTION
In this article I would like to highlight some aspects of European history. Few people know that in Europe a long time ago, "the common currency" was already in existence before the advent of the euro. You may have guessed that we would talk about the ducats.
WHAT IS THE DUCAT?
Ducat (Dukat, Italian - ducato) is the name of silver (from 1140) then gold (since 1284) coins, which were first introduced in Italy and later became available in other European countries. While ducat is called high-grade gold coin the first ducat was silver coin. It can be said that ducat is the standard of gold coin weighing 3.5 grams of pure gold. Weight and quality of ducats were maintained unchanged for over 700 years.
THE FIRST DUCAT
The first ducat (Ducal) was released in Sicily in 1140. On the coin was the figure of Christ, and the legend was: «Sit tibi Christe datus, quem tu regis iste ducatus» (see image 1). From the last words of the legend was occurred the name of a coin - ducat.
Image 1
In 1202, in Venice, was launched the minting of silver ducats - "Matapan" with the image of Christ on the throne, and the Doge receiving the flag from the hands of St. Mark on the reverse (see image 2)…
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Trading Forex Using Margins or Binary Options (4) N/A/7
Posted 1 Aug by khalidamassi Ranking
Trading Forex Binary Options Central Banks Intervention Profits And Losses Margins
Preface :

In my last 3 articles, I finished last one talking about central banks decisions especially about interest rate decisions which is the most important and influential data affecting currencies, most interest rate decisions are in specific time which is known from long time, so you can take your care before making any trade from time near to time of release, in this article, talking will be about direct intervention from central banks which often surprises the markets and traders and may be brokers also.
Introduction:
Talking about Central Banks intervention always make us remember Swiss intervention last January, especially at 15/01/2015 when Central Swiss bank removed the 1.2000 cap of EUR/CHF, such data made one of the strongest historical movement, as example USD/CHF fell sharply towards 0.7500 from 1.0200, which means 2700 pips down, it means that the pair lost more than 25% of its values in one day, it was horrible day not only for traders, investors but also for banks, brokers and market makers.
What happened in 15/01/2015:

Swiss bank removed 1.2000 cap, data release was so surprise and hit the markets strongly, USD/CHF down 2700 pip, GBP/CHF down 4200 pips, E…
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Gibson’s Paradox and Gold 14/64
Posted 24 Jul by ivanbgd Ranking
Gold Price Gold Gold Paradox
There is a myth prevalent today that the price of gold always fall when interest rates rise. The logic is that when interest rates rise is more expensive to hold gold, which is just not earning anything. And as markets discount the future expectations, gold will fall even when the expected rise in interest rates. With Open Market Committee Fed discusses time than one interest rate increase may take place in September, so it is not surprising that the market commentators that the price of gold continues its bear market. Only myth is just that: a myth denied the empirical evidence.The chart is a time when the opposite was obviously true. From March 1971 to December 1979 trends in both interest rates and the price of gold rose and fell at the same time. It is important to note that this occurred over more than one business cycle, so this is not a relationship that was cycle-dependent. The myth is therefore satisfactorily debunked. To understand why the relationship between interest rates and gold is not as easy as commonly thought, we need to take the argument further to the goods in general and visit the tricky subject of Gibson's paradox. This paradox is based exclusively on long t…
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Strategy Binary Options (part 3) 6/64
Posted 24 Jul by salamandra Ranking
Binary Options Strategies Graphic Strategy
Introduction. The first part (part 1) of the article, see the following link:
https://www.dukascopy.com/fxcomm/fx-article-contest/?Strategy-Binary-Options-Part&action=read&id=2447
The second part (part 2) a series of articles "Binary Options Strategy" look at:
https://www.dukascopy.com/fxcomm/fx-article-contest/?Strategy-Binary-Options-Part&action=read&id=2469
The first part examines the key advantages and disadvantages of binary options in comparison with other instruments of the financial markets. Made classification strategies. Given the general PRINCIPLE trade.
In the second part of the core group discussed strategies. This strategy of fundamental and technical areas. The approaches using fundamental data.
In this article, I talk about technical strategies using graphs (historical data for the past period of time). Such strategies I have outlined in the class "graphic binary options strategy."
Graphic binary options strategy

Of all the strategies for binary options strategy is graphic some of the most popular among traders. Such popularity is firstly due to the fact that they are based on work with the basic elements of technical analysis. Second technical an…
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A Trader's Musings 1/64
Posted 23 Jul by CD1V1 Ranking
Trading System Trader Contest Balance New Rules

The rules in the trader contest are forcing me to re-evaluate my entire participation in the contest. Some of the aims of the contest include encouraging traders to show long-term consistent trading results, and encourage traders to share their trading ideas with other traders. A standard is now being set; with a maximum acceptable drawdown of 60%, the Dukascopy Forex Community (DFC) administrators are now placing some focus on risk management.
The contest begins with each trader having a DEMO account containing $100,000. The account is to be traded for a period of one month, and is subject to several trading restrictions which form a part of the contest rules.
A trader’s objectives are very simple:
  1. Make maximum profit
  2. Keep Drawdown below 60%
It is necessary to note that having the highest account balance does not guarantee winning a cash prize, there are several other categories where points are awarded. Points are awarded for daily posting on the trader contest blog and the use of pending (conditional) orders for all trades opened.
Many of us know these rules, but there are still traders who trade well but lose points because they ignore the blog points and use of conditional …
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Canadian Dollar Rate Cut 13/64
Posted 23 Jul by fxigor Ranking
Usdcad Canadian Dollar Rate Cut
1.0 Introduction - Canada Economy
In terms of volume of trade it is among the top ten countries in the world. The economy in Canada is mixed. Since the early 1990s, the Canadian economy is growing fast, with low unemployment rates and surpluses at the federal level. Today, Canada resembles the US in market-oriented economic system, model production and a high standard of living.
In February 2009, the national unemployment rate was 7.77%. The provincial unemployment rate varies from a low of 3.6% in Alberta to a high of 14.6% in Newfoundland and Labrador.
In the past century, the growth of industry, mining, and service sectors has transformed the country mainly rural economy in a predominantly industrial and urban land. As in all wealthy countries, the Canadian economy dominated by the service sector, which employs about three quarters of Canadians. However, Canada is unusual among developed countries on the importance of the primary sector, as the wood and oil industry two the most important industry in Canada.
Canada is one of the few developed countries, which is an exporter of energy. Canada in the Atlantic Ocean has huge reserves of natural gas, and oil and gas deposits are con…
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Manage yourself and Be a Great Trader! 32/64
Posted 22 Jul by md1fk1 Ranking
Trader Physiological Management
Friends, You a Fundamental Trader or a technical trader and you have great strategies , I mean after years of experience you have got such amazing strategies to trade the market. But still you have to master 3 characteristics to be successful in Market. I Realised that if you master these then only you can be a successful Trader. As I see, managing is the way to trade. And faster you manage your self, earlier you can be successful in Trading. These are
1. Fear
2. Greed
3. Confidence
Manage Yourself and Manage Dollars

As a trader I have many fears. And it comes to fear of losses, fear of missing out the trade . And worst maybe fear to break free of your comfort zone and be on success path . Maybe fear to succeed, who knows (you?) . What if you are too successful? Yes at present fear of success is also in management books. To break free and achieve what you can without fearing yourself and people around you.
Do, You fear?
Fear creates indecision, lack of confidence . It is a powerful force ; not giving many traders gain from trade is what they seek . In most cases , the fear has psychological origin . We know the origin of the fear , but this knowledge is not able to deliver …
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The Power of Reward over Risk 4/64
Posted 22 Jul by P3tr4 Ranking
Design Risk Strategy Contest Trading Strategy Planning Roi

The Dukascopy Strategy Contest is definitely one of the most challenging contest in the contest group. In this contest, a contestant is expected to create a strategy that would trade the Forex market profitably, with a lot of emphasis on high profitability and low account drawdown. This means a contestant is expected to maximize profit, while employing as little risk s possible.
I have participated in the Strategy contest since June 2013, and I am happy to say I have been able to win $1,500 in cash prizes. These were gotten in the months of June and October 2014.
One of the things the Strategy contest tries to do is force a trader to gauge his or her risk exposure. A contestant gets more points if he or she has a lower drawdown during the contest month, while huge drawdowns are rewarded with less points.
An example of this occurred in the month of May 2015.
The trader Cocciolla finished with the third largest balance of 428.10k, yet he ended the month at the 8th place simply because he had a drawdown of 56% during the contest month.
A trader is basically a risk manager. This is because even though his or her job is to find and execute profitable transactions; trading has to be don…
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Trading Forex Using Margins or Binary Options (3) 26/64
Posted 21 Jul by khalidamassi Ranking
Trading Forex Binary Options Central Banks Fundamental Analysis Profits And Losses Margins
Preface:

Please check my last article of the same topic before reading this new one,
Trading Forex using margins or binary options (1).

Trading Forex using margins or binary options (2).
Introduction:

In the last article, Situation 1, trading strong news was discussed in one part which is Non-Farm Employment Change, in this article, different impacts will be explained here from last central banks decisions.
How Central banks affect markets:

At most time, Central banks affect market by monetary policy which resulted often in interest rate decision which considered the most important and influential data affecting currencies, such data often have surprises which can send the currency strongly higher or strongly lower.
Sometimes, Central banks tend to intervene in not settled time, due to special event or to face surprised crisis.
So central banks often affect markets by:
[list][/list]…
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The Case for Euro Driven Carry Trades 21/64
Posted 20 Jul by Jignesh Ranking
Ecb Euro Fundamentals Carry Trade Euraud Eurnzd Rbnz Technical Forecast Eurtry
Introduction

One year ago, the EUR looked bullish as ever as many expected EURUSD to reach 1.50's and beyond. It was in July of last year that it had started it's initial descent, which has continued right throughout the past year.
Last year I wrote an article titled A Comprehensive Fundamental & Technical Analysis on EURUSD (Please click the link to read). It outlined some of the reason we could see some downside in the pair.
Euro Outlook
In the previous article, we looked at fundamental factors, such as inflation. In fact, this graph was posted in that exact article.
Figure 1 - Euro Inflation as of July 2014 - hovering at 0.5%

Since then, we have seen the ECB Implement several measure including rate cuts and QE. The main argument for the July 2014 article was that the Eurozone was facing a period of disinflation. Let's see how it is doing today.
Figure 2 - Euro Inflation as of July 2015 - Down 0.3% from July 2014

How is it possible that after all of ECB's efforts, we are sitting at an even lower inflation rate? Well in all fairness, inflation is a global concern at the moment which has been fueled by a sharp drop in oil prices. At the same time, EUR is one of the few currenc…
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The next Stock Market Crash – China or U.s 3/64
Posted 20 Jul by pipx Ranking
Analysis Fundamentals Stock Market Market Forecast Economic Growth
The media is going ‘crazy’ over the Chinese stock market shaving off trillions in a couple of weeks. The Chinese government meddling in the markets to save it is being compared to burning a ‘holy book’ - in that it shouldn’t have done it.
What were those communists thinking? No one ever intervenes in a free market, not even the president of the land of the free in 2008 on an interview with CNN. (Irony Intended)
Here is a video.
Listen carefully for the following:
Look. I obviously have made a decision to make sure the economy doesn't collapse. I have abandoned free market principles to save the free-market system.

This is what happened to the market after “abandoning free market principles in order to save the free market” – in the US and China.
From the above it is clear China is simply replicating what the United States did to its stock market.
The Shanghai and Shenzhen exchanges are not of great interest to me. My real interest lies in the dinosaurs that lived through the 1929 stock market crash. These dinosaurs are doing great right now! Or are they?
While history repeats itself, only a few are attuned to signs of it repeating itself – the rest of us live in the moment and trus…
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GBP Outlook- a Follow up 16/64
Posted 19 Jul by WallStreet6 Ranking
GBP UK Forex Boe GBP/USD Currency Monetary Policy Economics EUR/GBP Macroeconomics
I have decided to write a follow up to my previous article about GBP due to the fact that last week there was important news coming from the UK which gives insight into the upcoming monetary policy of the Bank of England.
The week in review
On the 14th of July we saw the release of the Consumer Price Index for June which disappointed as it retreated to 0.0% YoY and MoM from 0.1% growth in May. Although the reading was better than in April which saw a drop of -0.1% which was the lowest level in over 50 years, the retreat comes in as a hindrance to the plan of the BoE of embarking on a rate hike schedule. The core CPI, which measures price changes among energy, food, alcohol and tobacco, has slowed to0.8% from 0.9% in May.
These data releases gave a bearish perspective for the GBP. However, afterwards the governor of Bank of England MarkCarney said in his statement that the BoE expects inflation to pick up later this year when the effects of lower oil and food prices subside. Thus, the time for interest rate hikes, which are going to be gradual, is coming closer, however he did not specify when. He said, "the point at which interest rates may begin to rise is moving closer with the p…
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Divergence 34/64
Posted 19 Jul by prectical Ranking
Pips Forex Strategy Bearish Bullish Profit Divergence Hidden Normal
Many traders that are using technical analysis for their forex strategies are focusing primarily on singles they are giving. But there are also hidden signals in some indicators such as: MACD, RSI, Stochastic, Momentum, and other oscillators. These hidden signals are called divergences. Divergence is one of the most impressive techniques in technical analysis. In forecasting currency movements the more advanced traders are paying much attention to it. Amazing results can be achieved trough to it. The divergence is characterized by the gap between the chart and the indicators, or more precisely the direction of movement of the price and the indicator.
In the last years, more and more traders are paying attention to the divergence. In combination with other techniques can be achieved amazing results and profits.
Divergence Itself gives us clarity of an impending change in the trend or a continuation of the trend. There are two main types of divergences: normal (bullish or bearish) and hidden (bullish or bearish)Normal (negative) divergence:
Bullish divergence - in this type of divergence as it is seen from the chart. Price draws two bottoms, the second is lower than the first, b…
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