AAAnya's profile in Miss Dukascopy 2019 Contest

Who you are: big fish or fat cat?

AAAnya Posted 73 minutes ago in #Miss Dukascopy 2019 #Dukascoin

Who you are or who you wanna be: big fish or fat cat?
With Dukascopy Bank reward programs and cryptocurrency called DUK+ you can be both!
You have many friends to invite for MCA accout opening? Please do not hesitate to invite them and help the reach the level of 10'000 DUK+ or more! You automatically become a Big Fish in Dukascopy Bank environment. As a reward you without a doubt will get 100 DUK+ to you own MCA account.
Or you can be a Fat Cat! Reach to level of 10'000 DUK+ on your own MCA account and keep them in custody. You need to remain you DUK+ balance about 10'000 DUK+ monthly average. For now we have only 6 member of this elite club who will get paid for their patience.
You still cannot decide who you wanna be: a big fish or fat cat?
Be the both! Let your money work for you!

Read full story

Translate to English Show original

Simple strategy to trade DUK+

AAAnya Posted yesterday at 10:53 GMT in #Miss Dukascopy 2019 #Dukascoin

A simple strategy to trade DUK+ using two simple moving averages (SMA).
To trade DUK+ we can use the common methods and strategies to trade. Let's review one of them. This is a simple strategy and I cannot guarantee the right choice to trade with this currency.
All we need to do is to add two SMA functions to the chart:

SMA with period 30 (red line)
SMA with period 55 (blue line)

Two simple actions:

we buy DUK+ if red line is crossing the blue line bottom to up (green arrows)
we sell DUK+ if red line is crossing the blue line up to bottom (yellow arrows)

Please note this is a very simple strategy and I cannot guarantee your success using this strategy. A false positive signals are also present (red arrows) and you need to add some filter to use with this strategy.

Read full story

Translate to English Show original

Why not to invest to DUK+

AAAnya Posted 5 Dec. in #Miss Dukascopy 2019 #Dukascoin

Everybody thinks that DUK+ is a great opprotinuty to invest and raise some money from practically nothing.
But there are some things that can scare off new users from investing in DUK+.
1. This is still low liquidity market. Low liquidity means big spread and low volatility. So you cannot count on rapid enrichment because of it.
2. Rules are unstable. Rules are changing very often. At least twice a month Bank changing the policies and new fees are introduced. The most changing affect the commission to sell DUK+, so you can buy DUK+ with no or minor fee.
3. DUK+ is very new coin. The fear of all the new is always present in people's mind. Better invest in something branded and famous than something unusual.
4. Commission on sell DUK+. To fix a profit you need to wait much longer to get some earnings from this.

Read full story

Translate to English Show original

Mirror levels in trading DUK+

AAAnya Posted 4 Dec. in #Miss Dukascopy 2019 #Dukascoin

DUK+ becomes an asset that begins to follow the basic rules of technical analysis. After reaching the level of 1.3 EUR/DUK+, it would be foolish to believe that the price will fly up in the sky immediately and everyone who bought the DUK+ will become dramatically rich.
No, it doesn't work that way. Following the certain laws, the DUK+ rolls back to the level 1.0 EUR/DUK+ which is a mirror level for today's situation.

What is a mirror level?
A mirror level is a price zone that in the past acted as support level or resist level. I this case, the level of 1.0 EUR/DUK+ was a resist level. After some time, the price breaks through this level, and after some more time we saw how the price returned to the level of 1.0 EUR/DUK+ again.
The appearance of mirror levels can be explained by the accumulation of many orders to close positions (such as "stop losses" and "take profits") or many limit orders to open positions to buy.

What does it mean?
In technical analysis this mirror level means that price will go up shortly. This is very strong signal to buy DUK+.

Read full story

Translate to English Show original

Two ways to buy/sell DUK+

AAAnya Posted 3 Dec. in #Miss Dukascopy 2019 #Dukascoin

There are two ways to buy DUK+. Both ways have their place in a market but there is a huge difference between them. Let's assume the price of DUK+ is 1.03/1.10 in a BID/ASK prices.
1. First option - Market Order.
Buy a DUK+ with a direct market order you can process you transaction immediately. You don't need to wait, just buy it and you have guarantee that you already have DUK+ in your "pocket". But in this case, you will need to pay a "spread" which in this case it will be 0.07 EUR and you need to wait the BID price to grow above 1.10 EUR to get some profit.
2. Second option - Limit Order.
You cannot satisfy with the seller's price on DUK+ in the market? Be the buyer! You can place a limit order on the market, so you can buy DUK+ for only 1.03 EUR! The cons of this method is you can never wait for your seller and the price might flew away from you. In other words, your offer will stand on the level which no longer exists.
You can decide by yourself what you need: immediate execution or better price.
Everything is applicable to sell DUK+ too.

Read full story

Translate to English Show original