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Sabtu, 21 Mei 2016

Swing Trading vs Day Trading Has the Debate Ended - omni forex trading system review

Swing Trading vs Day Trading Has the Debate Ended ~ omni forex trading system review





Within the context of the ongoing debate between Swing Trading and Day Trading, these early results from my Methodology appear to tip scale decisively towards Swing Trading. Only 7 trades have been done so far and to date, the results have already beaten the Year-to-Date returns of 80% of the Top Traders Ranked by BarclayHedge. With only 9 trades left for this strategy to generate a 100% return for my clients (sadly, cost of Manual will go up accordingly- see Table), Day Trading may soon by a thing of the past as you spend less time trading and more time earning.

Currency Trading can be a very lucrative means of earning income on a short and long-term basis. The most popular way of doing this by traders has been to profit from the intra-day changes in a currency’s value, during the most liquid trading sessions of the day. However, given the difficulty of consistently modelling the random price behaviour of a financial asset class at this micro level, sustainable success from this approach can be an elusive goal. Instead, if traders focused on the clearer trends provided by the Larger Time Frames, they can achieve of more consistent rate of success.

Swing Trading takes advantage of the clearer and more reliable breakout signals and trends of the Daily and 4 Hour Charts. It is a style of trading that is similar to Long-Term Trend trading in which positions are taken based on the longer-term fundamental value of a currency. However, given the time horizon of Swing Trades - 2 to 7 days- some of these trades will either be in line with that value or diverge from it in the short-term.

Among the benefits of Swing Trading are;


  • Stronger Trends with Larger Pips per Trade;
  • Accuracy of Signals, with fewer False Breakouts;
  • Predictable Times for Analysis and Trade Execution;
  • Fewer Trades needed for Large Rates of Return;
  • Compatibility with a non-Forex 9-5 Schedule;


This style of trading also allows traders to sidestep the volatility surrounding the release of macroeconomic data each week. Several important reports related to the major currencies can provide an indication about market direction during the day. Nevertheless, due to the subjective and conflicting interpretation of these by traders, large spikes in prices tend to appear, taking out small Stop Losses and eroding the Day Trader’s profitability.

In addition to the significant personal benefits, Retail Traders will also be better able to offer their services to Prop Trading houses and Hedge Funds that want this style of trading - earning very large commissions in the process. Based on these early results...



RATE OF RETURN FROM METHODOLOGY




...this should not be hard to do.
 


___________________________________________________________



RECENT EMAIL FROM CLIENT





________________________________________


________________________________________

Duane Shepherd
(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
Contact: shepherdduane@gmail.com
Twitter: @WorldWide876
Facebook: DRFXTRADING
Website: www.drfxswingtrading.com

More info for Swing Trading vs Day Trading Has the Debate Ended ~ omni forex trading system review:

Minggu, 24 April 2016

Top 7 Things A Trader Must Know - forex trading guided profit system

Top 7 Things A Trader Must Know ~ forex trading guided profit system


Forex traders have to know these 7 things before they can start trading:

1) Dont use indicators - They are just blocking your view of whats important. Learn price action and youll be miles ahead of the competition.

2) Learn the concept of money management - It doesnt matter what kind of trading system you are using. If you dont know how to manage your money, you will never make it in this business. Too many people are just overleveraging their account, until it eventually crashes and you are left with no money.

3) Dont rely on demo trading for too long - The normal tendency is to trade on demos on until you feel comfortable trading. The problem is that people just abuse the demos. They trade for so long without any kind of risk that they just cant handle when they trade with real money.

4) Maintain your poise - One of the hardest things traders have to deal with is what happens when trades go against them. Certain traders just cant handle this. Expect to lose once in a while, and you wont be so disappointed.

5) Start off small. Do some mini trading - Once you got the demo trading out of your system, start off trading on a mini account. Chances are you arent quite ready to play full lots (both financially and emotionally).

6) A Margin Ratio of 200:1 - I thinks that gives you enough room to trade comfortably without having to worry about getting a margin call.

7) Understand how news moves the market - Its a forex trading certainty. The economy will always have news coming out, and you best be prepared for it, if you want to succeed. Too many people disregard this aspect of trading.

By George Kramer
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Sabtu, 23 April 2016

STRONG PROFITS STILL CAPTURED BY EURO USD TRADERS - omni forex trading system

STRONG PROFITS STILL CAPTURED BY EURO USD TRADERS ~ omni forex trading system



Before the Non-Farm Payroll Numbers for the US on Friday, the EURO USD continued to offer profitable short positions for lucky traders. The downtrend on this pair started at the turn at Resistance of the large Pennant at the 1,4000 area, declining by 1,500 Pips. With the pair now close to the Support of this Consolidation formed in the aftermath of the 2008 flight to safety, we could see another period of volatility ahead of a rally back to Resistance or a significant breakout short. 

The chart below shows the Pennant that has defined the movements of the Currency Pair since 2008. 



DAILY CHART- LARGE PENNANT SETUP
























The turn at Resistance took place in May this year, leading to the sharp downtrend that provided strong gains for the US Dollar.


DAILY CHART- SHARP DOWNTREND
























Several opportunities presented themselves during this decline for traders as the Support area came in to focus.  These trades would have taken place with breaks of Consolidation patterns and Counter Trend Lines on both the Daily and 4 Hour Charts. The most recent one came a few days before the NFP data on Friday and allowed traders to exit ahead of the potentially volatile reaction.




DAILY CHART- COUNTER TREND LINE BREAK
























4 HOUR CHART - PENNANT & COUNTER TREND LINE BREAKS
























Evening Stars are also a popular bearish signal that can be traded with confidence. Stop Losses are placed above the high of these U-turns. (CURRENCY TRADING WITH THE DAILY & 4 HOUR CHARTS - Section 3 - Currency Patterns & Market Direction)
 
In September, breaks of a Pennant, Counter Trend Lines on the 4 Hour Chart also provided a significant payout for the sharp trader following the continuation of the trend with a break of a Counter Trend Line on the Daily Chart.


DAILY CHART-  CTL BREAKOUT























4 HOUR CHART- ENTRY SETUPS























Taking advantage of these trends requires spotting the strongest setups and signals that allow traders to remain in the trade without the need to move their Stop Losses nor monitor their positions. One must also be aware of the targets at which to exit trades so that there arent any unexpected reversals that erode our profits. At the stage of the trend, the proximity of the pair to the Support Level suggests that we are likely to see an upcoming period of sideways movement. 

Generally after such larger trends that take us to the boundary of a major Consolidation, the market will pause as it decides on its next move. We could either see a rally that takes us all the way back up to Resistance or a break of Support. Such a break would be significant as it would represent the end of the long period of market indecision on this pair following the safe-haven buying of US Dollars during the 2008 Financial Crisis.

Which ever direction materializes, let´s stay prepared with the right strategy for more opportunities that will surely be offered.





___________________________________________________________



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GET STARTED TODAY
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Buy Now
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Support independent publishing: Buy this e-book on Lulu.
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FREE

(See "SWING TRADING STRATEGY & TRADE RESULTS" for Product Details)
_____________________________


Duane Shepherd 
(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
Contact: shepherdduane@gmail.com
Twitter: @WorldWide876
Facebook: DRFXTRADING 





More info for STRONG PROFITS STILL CAPTURED BY EURO USD TRADERS ~ omni forex trading system:

Senin, 18 April 2016

101 PIPS ON AUD NZD 80 OF TOP TRADERS NOW BEATEN - forex online trading system

101 PIPS ON AUD NZD 80 OF TOP TRADERS NOW BEATEN ~ forex online trading system



The latest trading opportunity on the Forex Market provided my clients with a 101-Pip gain on the AUD NZD this week. The pair was shorted as it started to turn at the Resistance of its Consolidation, heading to the Support boundary 250 Pips away. The trade was held for the pre-determined holding period and exited for the latest gain that has now provided clients with 286 Pips from only 6 trades. At a risk per trade of 5%, a trader or investor using my Methodology would now be enjoying a 12,6% return, beating 80% of the Top Currency Traders for 2014 as ranked by BarclayHedge.


The pair had formed a Pennant above the Resistance of a larger Pennant following a short-lived breakout attempt in September.


DAILY CHART- PENNANT SETUPS




















As it continued to move within this smaller Consolidation, a Bearish Signal was given at its Resistance to start a small downtrend back to Support.


DAILY CHART - ENTRY SIGNAL
FXCM Charts are used for Trading Signals based on the New York Close Daily Candle





















After careful analysis, it was determined that this setup satisfied the criteria for trading within Consolidations (Section 11- Consolidation Trading on the Forex Market). Entry then took place on the 4 Hour Chart with the target set for the Support area of the Pennant.


4 HOUR CHART- TRADE SETUP
















 


As part of the trading service offered, my clients were provided with these graphs as well as the following Trade Sheet Setup for their trades.


TRADE SHEET - AUD NZD TRADE

















 
At the end of the established Holding Period, the trade was exited for 101 Pips instead of the 140 that was originally targeted - money nonetheless and above our 100 Pip minimum threshold.


DAILY CHART - TRADE RESULT
Live Trades are executed on Dukascopy´s Platform






















 


As you can see from this graph, a smaller 69-Pip trade was made within the context of that short-lived breakout attempt. With this latest result, the Methodology would now have beaten 80% of the Top Currency Traders ranked by BarclayHedge as at September 30, 2014- with only 6 trades.


YEAR-TO-DATE RETURNS FROM METHODOLOGY
Trading Service started in July; 5% Risk per Trade; No Trading was done in August



















BARCLAYHEDGE RANKINGS - SEPTEMBER 30, 2014 




The latest result from my strategy means that this client/investor would need only a few months to realize a 100% rate of return - from only 9 more trades.


100% RETURN PROJECTION
Assumes 150 Pips per Trade based on 100-200 Pip Target Range & No Losses






























 




The main advantage of my approach is that one does not have to trade every day nor every week. Specific high probability opportunities are provided by the Currency Market each month on the larger time frames. Once these are identified and traded within the context of strong parameters, larger and more consistent gains are more likely with reduced exposure to market volatility.  With this strategy, one can not only realize large personal gains on your trading account, but you can also put yourself in a position to successfully manage the investments of those seeking stable, long-term capital accumulation.


Trading within Consolidation is a very common trading strategy used to take advantage of low liquidity market conditions. As we move within these boundaries, strong short-term gains can be patiently but aggressively taken until breakouts - very rare nowadays- eventually take place. The challenge, however, will always be to determine which of these Consolidations are best suited for this strategy and those that should be avoided (Section 6 - Consolidation Trading on the Forex Market).


Another important element of these trades is knowing where to place Stop Losses without the need for Trailing Stops. Although adjusting the Stop Loss is a common approach to avoiding losses from unexpected reversals, it can get in the way of the natural waves of the market as it makes its way to its main target. If a trade is up by 40 Pips but is closed when the market has pulled back to the new, smaller Stop Loss, one could forgo a lot of money if the market eventually moves by 60 Pips more in your direction. 

As you can see from the 4 Hour Chart below, using Trailing Stops would have easily eroded gains at the two pullback areas.


4 HOUR CHART - TRAILING STOPS























Section 9 explains where to put your Stop Losses to capture all of what the market has to offer and how to determine if the Stop Loss area is strong enough to protect your trade. This will give you the confidence to allow the market to accurately and successfully hit your trading targets until your major goal of Long-Term Wealth is also met.

Get the most out of your trading.


    ___________________________________________________________



    RECENT EMAIL FROM CLIENT




    ____________________________

    GET STARTED TODAY
    ____________________________



    Buy Now
    US$99.00



    Support independent publishing: Buy this e-book on Lulu.
    US$99.00





    Buy Now
    US$69.99





    Buy Now
    US$49.99



    Support independent publishing: Buy this e-book on Lulu.
    FREE



    Support independent publishing: Buy this e-book on Lulu.
    FREE

    (See "SWING TRADING STRATEGY & TRADE RESULTS" for Product Details)
    _____________________________


    Duane Shepherd 
    (M.Sc. Economics, B.Sc. Management and Economics)
    Currency Analyst/Trader
    Contact: shepherdduane@gma
    More info for 101 PIPS ON AUD NZD 80 OF TOP TRADERS NOW BEATEN ~ forex online trading system:

    Kamis, 14 April 2016

    Top Tips For a Successful Forex Trading System - forex profit supreme trading system & indicator

    Top Tips For a Successful Forex Trading System ~ forex profit supreme trading system & indicator


    Generally currencies always trade well and the price always is the leading indicator so be sure to look for convincing clues and follow the lead. Your indicators are really your best friend. You must believe in what they are telling you 100 percent of the time with no exceptions. Analyze the clues that they are giving you and act upon them. Never second guess them.

    Forex training is available via online courses, advanced trading workshops and one on one mentoring. Forex training is a process which requires a continuous effort to apply the knowledge that can be gathered from reading Forex trading books, into practice.

    As you refine your skills, youll find youre more discerning of the tools. And youll begin to notice more features on the forex charts. The forex trading signals may be quite standard on many sites, but how they integrate the forex trading signals with the forex charts may not function well with your style.

    Always be aware for combinations of price patterns as well as obvious price patterns when looking for clues. The most successful Forex traders only think one way, in one direction. If the trend is up then buy the dips and if the trend is down then sell the rallies. Forex trading does not need to be any more complicated than that.

    Investing in the proper training is just as important as the amount of money that you will invest in your live trading account. The key goal of the Forex training is to learn a proven system that will allow you to make profits once you start apply the formula and to practice the strategies on a paper trading account to boost your confidence about the winning system.

    By Ray Lam
    More info for Top Tips For a Successful Forex Trading System ~ forex profit supreme trading system & indicator:

    Rabu, 06 April 2016

    70 OF TOP TRADERS BEATEN BY DRFX TRADING - forex binary options trading system

    70 OF TOP TRADERS BEATEN BY DRFX TRADING ~ forex binary options trading system


    Since its inception in July of this year, the Trading Service offered to clients has provided them with five trade setups. These included two losses on a long position on the AUD USD and a short position on the CHF JPY. However, gains from a long position on the AUD NZD and short positions on the AUD USD and the CHF JPY were more than able to compensate for these losses. Overall, these results were equivalent to a rate of return of 8.0% between July 1 and October 10, 2014. This was higher than the Year-To-Date returns of 70% of the Top Currency Traders in the latest BarclayHedge Rankings as at September 30, 2014.


    RATE OF RETURN (5% RISK PER TRADE)




     BARCLAYHEDGE RANKINGS AS AT SEPTEMBER 30, 2014 
     




    Centurion Fx Ltd. (6X) - (3.35%)

    This company uses a combination of Swing Trading (1-2 days) and Intraday Trading (1-5 hours) strategies as part of their systematic trading model. They also use Trailing Stops in targeting a 2 to 1 Reward to Risk Ratio with a small risk exposure per trade. While the use of Trailing Stops is a very popular way of locking in profits ahead of reversals, this can be a double-edged sword that limits profitability. 

    Markets have a natural tendency to wave and pullback as they make their way towards major price points. If, through manual interference or computer programmes/algorithms, Trailing Stops are implemented, trades can be prematurely closed at these temporary pullbacks before they have a chance to reach larger profit targets.  It is for this reason that I have identified the areas that provide the strongest protection from these waves early in the trend, so that the maximum benefit from a profitable trend is obtained. In doing so, I also target trends that last beyond 2 days to capture an even larger share of Pips that are offered by the market on a weekly basis -the Weekly Range. 


    LCJ Investments SA (LCJ FX Fund Strategy) - (11.72%)

    This company uses a fundamental and discretionary global macro strategy expressing both directional and non-directional views on currencies using FX options. The investment universe includes major currency pairs, non-traditional crosses, and emerging market currencies. The Strategy has two distinct areas of investment: 1) Medium Term Allocation - invests in directional trades on currencies on a 2/3 month basis 2) Long Term Allocation - invests in directional and non-directional trades on currencies on a 6/12 month basis. These two areas of allocation seek to offer broad diversification in terms of time horizon, product, and investment objective: allocating across different time horizons, allocating to a range of currency pairs including majors, relative value crosses and emerging, and through using a combination of vanilla and barrier FX OTC option and spot products, which we believe have characteristics that assist the portfolio by not being constrained to the linear (spot) universe. Full portfolio transparency is available to each client.

    In contrast to this approach, my Methodology targets the Short-Term period of a few days to a week. While this may be more volatile relative to a 3 to 12 month time frame, it reduces the level of investor uncertainty that is more of a factor within this extraordinary policy environment. The low interest rate policy by the major central banks has also reduced the influence of interest rate differentials on currency demand, making long, stable trends a very rare occurrence. This has led to the formation of Consolidation patterns that have become more prevalent in the absence of meaningful trends. As such, a strategy that is able to incorporate these patterns into its tool box is of greater value to clients seeking profitability in all market conditions. 


    P/E Investments (Standard - 18.47%, Aggressive - 28.44%, Conservative - 8.89%) 

    These three strategies used by this company involve a systematic dynamic process utilizing a Bayesian statistical approach. The program invests in all major currencies by constructing an optimized portfolio that maximizes return for a given volatility level. Specifically, the FX program utilizes several fundamental factors to forecast returns for each currency on a weekly basis. These forecast returns are combined with the current volatilities and correlations to determine positions in each market that will yield a targeted risk level and maximum return. The process is systematic and therefore reliable and the process is dynamic. Each variable is re-weighted depending on its effectiveness. As variables become more effective they increase in weighting and as they become less useful, their weighting is automatically reduced. In summary, the FX program is disciplined dynamic systematic fundamental process that is risk managed to a risk level designated by the client. 

    As an Economist, I can appreciate the use of economic factors in the analysis and forecast of currencies. Surprisingly, however, such a comprehensive approach is totally unnecessary in being able to accurately predict market movements. All Currency Pairs have a cycle of technical patterns which, once identified and understood, provide all the information needed to make trade decisions. Weekly economic data is also often volatile and uncorrelated to actual currency direction and can therefore be misleading. Candlestick Formations, Trend Lines, Consolidations and the average Weekly Range of each Currency Pair are all the tools required to predict 90% of the market’s most profitable movements.
     


    THE METHODOLOGY

    The trades that are shown here were developed from a Price Action-based strategy that uses the most accurate Candlestick Patterns and Signals of the Daily and 4 Hour Charts. These time frames provide more stable and reliable trading patterns and are thus more amenable to consistent profitability. Specific combinations of Chart Patterns and Signals on these charts have been found to continuously provide the most profitable trading opportunities across all Currency Pairs in the Forex Market. Once these signals are identified and traded within the context of established Rules and Parameters, larger rates of returns are more likely for both Retail Traders and Currency Fund Managers.

    The Methodology involves exploiting the Trending and Range bound patterns of a Currency Pair over the Short-Term (4-7 Days). It does so by utilizing the Signals and Setups on the Daily and 4 Hour Charts to identify the most profitable breakouts that provide a large number of Pips per trade. The New York Close of the Daily Chart is used for to obtain these Signals from FXCM while the trades are executed on my Live Account at Dukascopy. The main aspects of the Methodology are;

    • Identification of Market Direction using Candlestick Patterns;
    • Using the Daily & 4 Hour Charts for Entry Signals & Stop Placement;
    • Aiming for 100 to 200 Pips per trade;
    • Trading to the Weekly and Monthly Ranges of each Currency Pair;
    • Risking 5% per trade (90-120 Pips);
    • Holding Trades for a Pre-Determined Number of Days to eliminate the uncertainty of when to exit Profitable Trades - the Achilles Heel of traders.


    The risk per trade is not fixed. Each client is able use a risk level that is in keeping with their risk tolerance and their required rate of return. The Methodology does not utilize Statistical Indicators nor is it dependent on the subjective analysis of short-term Economic Data. Although many successful traders include indicators in their analysis of the market, most of these indicators are lagging in nature given their use of past price data. Short-term Economic Data released on a daily basis can be quiet volatile and are often uncorrelated to the most profitable currency movements.


    TRADE RESULTS


    CHF JPY OCTOBER 6- OCTOBER 10, 2014


    Trade Type
    False Consolidation Breakout
    Signal Given
    Daily Chart Bearish Candle
    Target
    Near End Value
    Result
    76 Pips

     
    This pair was reversing inside of the Pennant Consolidation after a False Breakout Bullish.


    DAILY CHART- PENNANT, UPTREND

     

















    DAILY CHART - FALSE BREAKOUT
    FXCM Charts used for Trading Signals and Setups based on New York Close Daily Candle



















    There was an initial uncertainty about the viability of the trade which led to a small loss of 9.5 Pips when the trade was closed earlier on. However, after confirming its adherence to my rules, entry took place on the 4 Hour Chart a few days later. At the end of the established holding period, the trade captured 76 Pips.


    DAILY CHART RESULT
    Dukascopy Swiss Forex Marketplace used for Live Account Trades

























     KEY CONCEPTS OF TRADE

    • False Breakouts move to the other end of the Consolidation;
    • Holding Period;
    • Near End Value;
    • Entry at Follow-Up 4 Hour Setups;

     ____________________________________________________




    AUD USD  - SEPTEMBER 11 - SEPTEMBER 17, 2014


    Trade Type
    Consolidation Breakout
    Signal Given
    Daily Chart Bearish Candle
    Target
    Breakout Equivalent
    Result
    148 Pips

     
    This pair was breaking out of large Pennant Consolidation.


    DAILY CHART SETUP



















    Entry then took place at the third candle with the Stop Loss and Take Profit targets set based on the parameters of the Methodology.


    DAILY CHART- ENTRY SETUP



















    After 4 Days, the target was hit for 148 Pips, following a temporary pullback close to the opening price.


    DAILY CHART- TARGET HIT



















    DAILY CHART- LIVE ACCOUNT RESULT
























     KEY CONCEPTS OF TRADE

    • Breakouts from Consolidations are often fast and sharp;
    • Temporary Pullbacks can take place before targets are hit;
    • Stop Losses placed at the right area protects trade from unexpected spikes;

     ____________________________________________________





    AUD NZD  - AUGUST 27- SEPTEMBER 3, 2014



    Trade Type
    Consolidation Breakout
    Signal Needed
    Daily Chart
    Target
    Breakout Equivalent
    Result
    70 Pips


    The setup for this trade was a simultaneous breakout from a large Pennant and the Range pattern on top of its Resistance boundary.


    DAILY CHART CONSOLIDATION










    More info for 70 OF TOP TRADERS BEATEN BY DRFX TRADING ~ forex binary options trading system:
     

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