This is a forex trade, not a nadex trade.
forex trading on etrade
Showing posts with label results. Show all posts
Showing posts with label results. Show all posts
Wednesday, April 27, 2016
Wednesday, April 20, 2016
Sunday, April 17, 2016
Nadex ITM V4 Results so far Live Trading ~ forex trading news events
0
I am running a live test of one of my indicators this week for Nadex. Several people have asked to see the results. I will update as it goes along.
Sell 02/23/15 10:12:34 AM 1 AUD/JPY >92.81 (11AM) @ 23.75 -$76.25
Fee Payment 02/23/15 10:12:34 AM 1 AUD/JPY >92.81 (11AM) @ 23.75 -$0.90
Settlement Payout 02/23/15 11:00:06 AM 1 SHORT AUD/JPY >92.81 (11AM) @ 23.75 $100.00
Fee Payment 02/23/15 11:00:06 AM Expiration Fee: 1 SHORT AUD/JPY >92.81 (11AM) @ 23.75 -$0.90
Sell 02/23/15 11:28:26 AM 1 EUR/GBP >.7346 (12PM) @ 32.25 -$67.75
Fee Payment 02/23/15 11:28:26 AM 1 EUR/GBP >.7346 (12PM) @ 32.25 -$0.90
Buy to Close 02/23/15 11:34:10 AM 1 EUR/GBP >.7346 (12PM) @ 6 $94.00
Fee Payment 02/23/15 11:34:10 AM 1 EUR/GBP >.7346 (12PM) @ 6 -$0.90
Buy 02/23/15 01:54:55 PM 1 AUD/JPY >92.79 (2PM) @ 59.5 -$59.50
Fee Payment 02/23/15 01:54:55 PM 1 AUD/JPY >92.79 (2PM) @ 59.5 -$0.90
Sell to Close 02/23/15 01:56:32 PM 1 AUD/JPY >92.79 (2PM) @ 82.5 $82.50
Fee Payment 02/23/15 01:56:32 PM 1 AUD/JPY >92.79 (2PM) @ 82.5 -$0.90
Buy 02/23/15 02:45:14 PM 1 AUD/USD >.7791 (3PM) @ 88 -$88.00
Fee Payment 02/23/15 02:45:14 PM 1 AUD/USD >.7791 (3PM) @ 88 -$0.90
Settlement Payout 02/23/15 03:00:06 PM 1 LONG AUD/USD >.7791 (3PM) @ 88 $100.00
Fee Payment 02/23/15 03:00:06 PM Expiration Fee: 1 LONG AUD/USD >.7791 (3PM) @ 88 -$0.90
Buy 02/23/15 08:27:49 PM 1 AUD/USD >.7797 (9PM) @ 80 -$80.00
Fee Payment 02/23/15 08:27:49 PM 1 AUD/USD >.7797 (9PM) @ 80 -$0.90
Settlement Payout 02/23/15 09:00:06 PM 1 LONG AUD/USD >.7797 (9PM) @ 80 $100.00
Fee Payment 02/23/15 09:00:06 PM Expiration Fee: 1 LONG AUD/USD >.7797 (9PM) @ 80 -$0.90
Sell 02/24/15 06:29:52 AM 1 USD/CAD >1.2640 (7AM) @ 27 -$73.00
Fee Payment 02/24/15 06:29:52 AM 1 USD/CAD >1.2640 (7AM) @ 27 -$0.90
Buy to Close 02/24/15 06:36:57 AM 1 USD/CAD >1.2640 (7AM) @ 6 $94.00
Fee Payment 02/24/15 06:36:57 AM 1 USD/CAD >1.2640 (7AM) @ 6 -$0.90
Sell 02/24/15 10:08:05 AM 1 EUR/USD >1.1326 (11AM) @ 29.5 -$70.50
Fee Payment 02/24/15 10:08:05 AM 1 EUR/USD >1.1326 (11AM) @ 29.5 -$0.90
Buy to Close 02/24/15 10:20:03 AM 1 EUR/USD >1.1326 (11AM) @ 64.25 $35.75
Fee Payment 02/24/15 10:20:03 AM 1 EUR/USD >1.1326 (11AM) @ 64.25 -$0.90
Sell 02/25/15 10:29:45 AM 1 EUR/JPY >135.01 (11AM) @ 20.25 -$79.75
Fee Payment 02/25/15 10:29:45 AM 1 EUR/JPY >135.01 (11AM) @ 20.25 -$0.90
Settlement Payout 02/25/15 11:00:21 AM 1 SHORT EUR/JPY >135.01 (11AM) @ 20.25 $100.00
Fee Payment 02/25/15 11:00:21 AM Expiration Fee: 1 SHORT EUR/JPY >135.01 (11AM) @ 20.25 -$0.90
Sell 02/25/15 11:05:08 AM 1 EUR/JPY >135.17 (12PM) @ 20 -$80.00
Fee Payment 02/25/15 11:05:08 AM 1 EUR/JPY >135.17 (12PM) @ 20 -$0.90
Settlement Payout 02/25/15 12:00:16 PM 1 SHORT EUR/JPY >135.17 (12PM) @ 20 $100.00
Fee Payment 02/25/15 12:00:16 PM Expiration Fee: 1 SHORT EUR/JPY >135.17 (12PM) @ 20 -$0.90
Total profit so far $115.30
forex trading news events
Saturday, April 16, 2016
Trading Binary Options through Forest Park BX on Cantor Exchange ~ forex trading news today
0
Earlier this year, Cantor Exchange teamed up with an introducing broker, Forest Park BX, to introduce traders to new opportunities by trading CFTC regulated binary options in a different way than ever offered before. This has been a work in progress but seems to be paying off in a multitude of ways.
Cantor Exchange has a parent company named Cantor Fitzgerald that serves more than 5,000 institutional clients. Forest Park BX has a sister company named Forest Park FX that lowers trading costs for forex traders worldwide.
Traders can now enter the regulated binary options market with small accounts. Before Cantor Exchange (otherwise known as CX) began offering this option, the only way traders could participate in the market was either having large accounts or risking a large portion of their accounts on each trade.
For instance, if a trader wants to trade with the competitor of CX, (Nadex) they have to trade with $100 binary options contracts. Taking an At the money trade will cost $50. CX now offers similar contracts for a very small amount of $0.50 per contract for an At the money trade. The entire contract is collateralized as a $1.00 contract.
I took a survey a while back on the average account size of regulated binary options traders and found that the average account size was $500-$1,000 for the group surveyed. For a trader with a $1,000 account, taking an at the money trade, he is risking a whopping 5% on each trade. This is considered an abnormally large risk in the trading realm.
Cantor Exchange offers fifty cents of risk for that similar trade. A trader with a $1,000 account can easily trade a fifty cent contract, without the worry of blowing up their account. They can also leg into positions, trade multiple strikes at the same time, and manage risk far better than with the current competitor.
Now where does Forest Park BX fit into this whole arena? This is the company that will ensure you have a quality experience trading on the exchange. Just like when you have trading questions with a stock broker, you would not want to call up the New York Stock Exchange every time you experienced an issue. Forest Park BX is there to make sure your trading is facilitated easily.
Cantor Exchange also offers free API access. The competitor, Nadex, offers API access for expensive fees. This free, open source, access will allow any trader with programming knowledge to program their own indicators and automated strategies for regulated binary options via the mt4 platform as well as any other programming they feel the need to do. This is going to open up the way for tools such as web applications, etc... to work their way all across the internet. So far, this has been limited to only the best funded traders at Nadex due to the sheer cost and capability.
Commissions are another great factor with Cantor Exchange. There are zero fees associated with market orders. Nadex charges .90 commission to open any trade. Limited orders are a penny per contract with CX.
One of the best things, since sliced bread, with Cantor Exchange is their rolling strikes. A rolling strike is a strike price that opens up no matter how far the market moves. On Nadex, if the market price moves X number of pips, you can run out of strikes. If you run out of available strikes, then you can not trade, you cant manage any open positions, and you cant hedge. On CX, it does not matter how far the market moves, there will always be the available strike so you will be able to trade at any price level.
The asset range on CX is a bit limited because the exchange is growing. As they grow, so will their product lines. Currently they offer 5-6 forex pairs and gold. In the near future, oil will be offered as well as an index.
Education about trading on the exchange is also a bit limited as well but I am looking to change that in the near future. Traders will need to know and understand trading principles before jumping in. Below I will show a few very basic aspects about trading through Forest Park.
1.What is a strike price?
2. What is an out of the money binary option?
3. What is a call?
4. What is a contract expiration?
5. What is an in the money binary option?
6. What is a put?
7. What does at the money mean?
Above are some simple binary options terms. Stay tuned with Joaquin Trading to bring you more education in the coming days.
Here is what I have in store...
The basics of trading on Cantor Exchange via Forest Park BX.
(A video Series)
Each video will be around 5 minutes long and teach basic structure.
1. What is a binary option?
2. CFTC Regulated binary option vs. unregulated
3. How are binary options different from traditional options?
4. What is a stike price?
5. What is an expiration time?
6. What is a put?
7. What is a call?
8. What is a bid/ask spread?
9. Buying a put or call in the money
10. Buying a put or call at the money
11. buying a put of call out of the money
12. Settling in the money
13. Settling out of the money
14. Settling at the money
15. Closing early at a profit
16. Closing early at a loss
17. Legging into a position
18. Trading multiple stikes
19. What is a GTC order?
20. What is an IOC order?
21. What is liquidity?
22. What is an underlying asset?
23. What are the trading times of each asset?
24. What is hedging?
25. What is Risk Vs. Reward?
26. What is forex?
BASIC TRADING STRATEGIES
27. Trading Support and Resistance
28. Trading Trend Lines
29. Trading Standard Deviation
30. Trading a Triangle
31. Trading a Flag
32. Trading a Moving Average Crossover
33. Trading the RSI
34. Trading the News
35. Trading a Straddle
36. Trading a Butterfly
37. Trading a Binary Collar
MONEY MANAGEMENT
38. Compound Interest
39. Trade Small
40. Martingale Myth
41. Adding to a winner
42. Adding to a loser
43. Risk Vs. Reward
TRADING PSYCHOLOGY
44. Know yourself
45. Why do the majority of trader fail?
46. How to stick with a system
BUILDING A SYSTEM
47. So you want to create a trading strategy?
48. What is back testing?
49. How to Back Test
50. Why to hire a programmer
51. How to Forward Test
52. Automating your System
WEALTH BUILDING
53. Increasing your position size as your account grows
54. Tax Implications
55. Mindset for wealth
Alrighty then! That was my 2 cents worth of thoughts. See you next time and happy trading!
If you are interested in trading with Forest Park BX on the Cantor Exchange, please visit forestparkbx.com .
If you are interested in learning more about these regulated binary options and how to trade them, visit joaquintrading.com
Follow the fastest growing face book group related to Cantor Exchange. facebook.com/groups/cantorexchange
forex trading news today
Cantor Exchange has a parent company named Cantor Fitzgerald that serves more than 5,000 institutional clients. Forest Park BX has a sister company named Forest Park FX that lowers trading costs for forex traders worldwide.
Traders can now enter the regulated binary options market with small accounts. Before Cantor Exchange (otherwise known as CX) began offering this option, the only way traders could participate in the market was either having large accounts or risking a large portion of their accounts on each trade.
For instance, if a trader wants to trade with the competitor of CX, (Nadex) they have to trade with $100 binary options contracts. Taking an At the money trade will cost $50. CX now offers similar contracts for a very small amount of $0.50 per contract for an At the money trade. The entire contract is collateralized as a $1.00 contract.
I took a survey a while back on the average account size of regulated binary options traders and found that the average account size was $500-$1,000 for the group surveyed. For a trader with a $1,000 account, taking an at the money trade, he is risking a whopping 5% on each trade. This is considered an abnormally large risk in the trading realm.
Cantor Exchange offers fifty cents of risk for that similar trade. A trader with a $1,000 account can easily trade a fifty cent contract, without the worry of blowing up their account. They can also leg into positions, trade multiple strikes at the same time, and manage risk far better than with the current competitor.
Now where does Forest Park BX fit into this whole arena? This is the company that will ensure you have a quality experience trading on the exchange. Just like when you have trading questions with a stock broker, you would not want to call up the New York Stock Exchange every time you experienced an issue. Forest Park BX is there to make sure your trading is facilitated easily.
Cantor Exchange also offers free API access. The competitor, Nadex, offers API access for expensive fees. This free, open source, access will allow any trader with programming knowledge to program their own indicators and automated strategies for regulated binary options via the mt4 platform as well as any other programming they feel the need to do. This is going to open up the way for tools such as web applications, etc... to work their way all across the internet. So far, this has been limited to only the best funded traders at Nadex due to the sheer cost and capability.
Commissions are another great factor with Cantor Exchange. There are zero fees associated with market orders. Nadex charges .90 commission to open any trade. Limited orders are a penny per contract with CX.
One of the best things, since sliced bread, with Cantor Exchange is their rolling strikes. A rolling strike is a strike price that opens up no matter how far the market moves. On Nadex, if the market price moves X number of pips, you can run out of strikes. If you run out of available strikes, then you can not trade, you cant manage any open positions, and you cant hedge. On CX, it does not matter how far the market moves, there will always be the available strike so you will be able to trade at any price level.
The asset range on CX is a bit limited because the exchange is growing. As they grow, so will their product lines. Currently they offer 5-6 forex pairs and gold. In the near future, oil will be offered as well as an index.
Education about trading on the exchange is also a bit limited as well but I am looking to change that in the near future. Traders will need to know and understand trading principles before jumping in. Below I will show a few very basic aspects about trading through Forest Park.
1.What is a strike price?
2. What is an out of the money binary option?
3. What is a call?
4. What is a contract expiration?
5. What is an in the money binary option?
6. What is a put?
7. What does at the money mean?
Above are some simple binary options terms. Stay tuned with Joaquin Trading to bring you more education in the coming days.
Here is what I have in store...
The basics of trading on Cantor Exchange via Forest Park BX.
(A video Series)
Each video will be around 5 minutes long and teach basic structure.
1. What is a binary option?
2. CFTC Regulated binary option vs. unregulated
3. How are binary options different from traditional options?
4. What is a stike price?
5. What is an expiration time?
6. What is a put?
7. What is a call?
8. What is a bid/ask spread?
9. Buying a put or call in the money
10. Buying a put or call at the money
11. buying a put of call out of the money
12. Settling in the money
13. Settling out of the money
14. Settling at the money
15. Closing early at a profit
16. Closing early at a loss
17. Legging into a position
18. Trading multiple stikes
19. What is a GTC order?
20. What is an IOC order?
21. What is liquidity?
22. What is an underlying asset?
23. What are the trading times of each asset?
24. What is hedging?
25. What is Risk Vs. Reward?
26. What is forex?
BASIC TRADING STRATEGIES
27. Trading Support and Resistance
28. Trading Trend Lines
29. Trading Standard Deviation
30. Trading a Triangle
31. Trading a Flag
32. Trading a Moving Average Crossover
33. Trading the RSI
34. Trading the News
35. Trading a Straddle
36. Trading a Butterfly
37. Trading a Binary Collar
MONEY MANAGEMENT
38. Compound Interest
39. Trade Small
40. Martingale Myth
41. Adding to a winner
42. Adding to a loser
43. Risk Vs. Reward
TRADING PSYCHOLOGY
44. Know yourself
45. Why do the majority of trader fail?
46. How to stick with a system
BUILDING A SYSTEM
47. So you want to create a trading strategy?
48. What is back testing?
49. How to Back Test
50. Why to hire a programmer
51. How to Forward Test
52. Automating your System
WEALTH BUILDING
53. Increasing your position size as your account grows
54. Tax Implications
55. Mindset for wealth
Alrighty then! That was my 2 cents worth of thoughts. See you next time and happy trading!
If you are interested in trading with Forest Park BX on the Cantor Exchange, please visit forestparkbx.com .
If you are interested in learning more about these regulated binary options and how to trade them, visit joaquintrading.com
Follow the fastest growing face book group related to Cantor Exchange. facebook.com/groups/cantorexchange
forex trading news today
Saturday, April 9, 2016
Wednesday, April 6, 2016
Watukushay No 5 The Aussie and the Kiwi More Encouraging Results ~ forex trading guide for beginners pdf
0
During this weekend I released the first official version of Watukushay No.5 coupled with all its 10 year backtesting data showing profitable results on 6 different currency pairs in Asirikuy. From my last post about this EA you might remember that Watukushay No.5 had been tested on the EUR/USD, GBP/USD, USD/JPY and USD/CHF, however at that time I hadnt completed my analysis on two other currency pairs that also show us great results with this strategy despite their overall lack of liquidity, the AUD/USD and the NZD/USD. On todays post I want to share with you some of the results of the EA on these currency pairs and how the EA is able to use a completely different trading technique to profit from the different trading mechanics of these two instruments.
As you may already know, Watukushay No.5 attempts to exploit breakout inefficiencies on the different currency pairs. On the 4 majors this is done by exploiting periods of low volatility when the currency pairs form significant ranges, entering breakouts when important moves develop within the following trading sessions. However, these trading tactics do not work well on the AUD/USD and NZD/USD, not only because they tend not to form areas of compact trading but due to the fact that this areas do not lead to successful or unsuccessful breakouts with any statistical significance. In the end if you try the same tactics as with the majors you will obtain slightly profitable results which are definitely not worth using in live trading.
Upon my analysis of these two instruments it became clear that I needed to think the problem from another perspective if I was going to find any profitable results for this EA on these two pairs. This meant going back to a meticulous analysis of the currency pairs and the way in which the medium and long term trends develop within them. After spending a few days working on this I finally realized that the key was to rely on breakouts of more volatile sessions but aiming at much higher take profit and stop loss targets. The idea was that this large breakouts do allow us to predict long term trend direction with a good statistical edge in the long term.
Backtesting results were indeed very encouraging showing me that my analysis had been right. When you exploit this different and larger breakouts on the AUD/USD and the NZD/USD, you obtain some very profitable results which are achieved as the EA is able to follow long term trends through the periodical entering of this large session breakouts. The effect resembles the accumulation technique used by the turtle trading system, allowing us to follow a trend and greatly profit from its long term direction. Below you can see a picture of how this trading works on the NZD/USD, notice how the EA got a lot of profit from a developing trend.
-
-
The 10 year backtesting results also give us great results for both of these currency pairs. We arrive at results which have average compounded yearly profit to maximum draw down targets better than Watukushay FE and the same as Teyacanani on the EUR/USD in the case of the NZD/USD. Surprisingly, the best trading results for this EA have been found on the NZD/USD, showing us the robustness of this strategy as a portfolio solution. The EA shows us its robustness and its ability to exploit two completely different market inefficiencies based on the same trading mechanics but aiming for entirely different things.
-
-
Later today 3 live accounts with real money will be added to Asirikuy to start the testing of the system on the USD/CHF, NZD/USD and a full portfolio setup. Hopefully within the next year we will be able to gather some very useful information about its trading system, its tactics and its ability to tackle changing market conditions. The ability of this EA to adapt to each particular market situation and its very large set of adaptive parameters will probably lead it to succeed in this quest against market changes.
If you would like to learn more about automated trading and how you too can develop your own likely long term profitable systems please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !
As you may already know, Watukushay No.5 attempts to exploit breakout inefficiencies on the different currency pairs. On the 4 majors this is done by exploiting periods of low volatility when the currency pairs form significant ranges, entering breakouts when important moves develop within the following trading sessions. However, these trading tactics do not work well on the AUD/USD and NZD/USD, not only because they tend not to form areas of compact trading but due to the fact that this areas do not lead to successful or unsuccessful breakouts with any statistical significance. In the end if you try the same tactics as with the majors you will obtain slightly profitable results which are definitely not worth using in live trading.
Upon my analysis of these two instruments it became clear that I needed to think the problem from another perspective if I was going to find any profitable results for this EA on these two pairs. This meant going back to a meticulous analysis of the currency pairs and the way in which the medium and long term trends develop within them. After spending a few days working on this I finally realized that the key was to rely on breakouts of more volatile sessions but aiming at much higher take profit and stop loss targets. The idea was that this large breakouts do allow us to predict long term trend direction with a good statistical edge in the long term.
Backtesting results were indeed very encouraging showing me that my analysis had been right. When you exploit this different and larger breakouts on the AUD/USD and the NZD/USD, you obtain some very profitable results which are achieved as the EA is able to follow long term trends through the periodical entering of this large session breakouts. The effect resembles the accumulation technique used by the turtle trading system, allowing us to follow a trend and greatly profit from its long term direction. Below you can see a picture of how this trading works on the NZD/USD, notice how the EA got a lot of profit from a developing trend.
-
-The 10 year backtesting results also give us great results for both of these currency pairs. We arrive at results which have average compounded yearly profit to maximum draw down targets better than Watukushay FE and the same as Teyacanani on the EUR/USD in the case of the NZD/USD. Surprisingly, the best trading results for this EA have been found on the NZD/USD, showing us the robustness of this strategy as a portfolio solution. The EA shows us its robustness and its ability to exploit two completely different market inefficiencies based on the same trading mechanics but aiming for entirely different things.
-
-Later today 3 live accounts with real money will be added to Asirikuy to start the testing of the system on the USD/CHF, NZD/USD and a full portfolio setup. Hopefully within the next year we will be able to gather some very useful information about its trading system, its tactics and its ability to tackle changing market conditions. The ability of this EA to adapt to each particular market situation and its very large set of adaptive parameters will probably lead it to succeed in this quest against market changes.
If you would like to learn more about automated trading and how you too can develop your own likely long term profitable systems please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !
forex trading guide for beginners pdf
Tuesday, April 5, 2016
Joaquin Trading ATM Twitter signals Results 5 10 11 (updated) ~ forex trading news live
0
Joaquin Trading ATM Twitter signals Results 5/10-11/2015
JoaquinTradingNadex ?@NadexTrading 58m58 minutes ago
NADEX SIGNAL(EUR/USD)1.11416, SELL, 42135.5
12:03 PM - 11 May 2015 · Details
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ATM - EXPIRED UNPROFITABLE
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JoaquinTradingNadex ?@NadexTrading 58m58 minutes ago
NADEX SIGNAL(USD/JPY)120.059, BUY, 42135.5
12:03 PM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 2h2 hours ago
NADEX SIGNAL(USD/JPY)119.9, SELL, 42135.416678241
10:11 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 3h3 hours ago
NADEX SIGNAL(USD/JPY)119.902, BUY, 42135.375
9:08 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 5h5 hours ago
NADEX SIGNAL(USD/JPY)119.872, SELL, 42135.291678241
7:02 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 6h6 hours ago
NADEX SIGNAL(EUR/GBP)0.72255, SELL, 42135.25
6:13 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 6h6 hours ago
NADEX SIGNAL(GBP/USD)1.54464, BUY, 42135.25
6:13 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 7h7 hours ago
NADEX SIGNAL(USD/CAD)1.21343, BUY, 42135.208344907
5:10 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 8h8 hours ago
NADEX SIGNAL(GBP/USD)1.54265, SELL, 42135.166666667
4:23 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 9h9 hours ago
NADEX SIGNAL(EUR/GBP)0.72514, BUY, 42135.125
3:03 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 9h9 hours ago
NADEX SIGNAL(EUR/USD)1.11908, BUY, 42135.125
3:03 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 9h9 hours ago
NADEX SIGNAL(USD/CAD)1.2114, SELL, 42135.125
3:03 AM - 11 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 14h14 hours ago
NADEX SIGNAL(USD/CHF)0.93315, BUY, 42134.916666667
10:15 PM - 10 May 2015 · Details
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JoaquinTradingNadex ?@NadexTrading 15h15 hours ago
NADEX SIGNAL(USD/CHF)0.93255, SELL, 42134.875011574
9:13 PM - 10 May 2015 · Details
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NADEX SIGNAL(USD/CHF)0.93162, BUY, 42134.833333333
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NADEX SIGNAL(EUR/USD)1.11956, SELL, 42134.833333333
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NADEX SIGNAL(USD/CAD)1.20877, BUY, 42134.75
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NADEX SIGNAL(USD/JPY)119.762, BUY, 42134.75
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NADEX SIGNAL(USD/JPY)120.059, BUY, 42135.5
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NADEX SIGNAL(USD/JPY)119.9, SELL, 42135.416678241
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NADEX SIGNAL(USD/JPY)119.902, BUY, 42135.375
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NADEX SIGNAL(USD/JPY)119.872, SELL, 42135.291678241
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NADEX SIGNAL(USD/CAD)1.21343, BUY, 42135.208344907
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NADEX SIGNAL(EUR/GBP)0.72514, BUY, 42135.125
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NADEX SIGNAL(EUR/USD)1.11908, BUY, 42135.125
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NADEX SIGNAL(USD/CHF)0.93315, BUY, 42134.916666667
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Monday, March 28, 2016
Liquidity in Forex Part No 2 Analyzing the Liquidity of Different Pairs ~ forex trading good or bad
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On yesterdays article - which was part No.1 of this post - we talked about the definition of liquidity and the implications of high and low liquidity levels on the forex market. Today we are going to give an in-depth look to liquidity in the forex market, particularly I will talk about recent literature in economics dealing with the evaluation of liquidity on several different currency pairs and what we can conclude and use from this analysis. After reading this article you will have an idea about which are the most liquid and illiquid currency pairs, something which should give you a good idea of what pairs you would want to focus on for the development of mechanical trading strategies.
First of all, it is important to understand that liquidity in forex in simply a pain to research. In order to investigate the liquidity levels of any given market instrument we need to have all transaction information including, type, volume and time. This means that we need access to the "books", the registry where all the transaction information of a given broker is kept. Since there is no central exchange in forex, we cannot get the real liquidity values but if we choose a broker that uses a large array of liquidity providers and we take a look at all their transaction we might be able to draw some general conclusions regarding overall pair liquidity values (at least relative to each other).
The Swiss National bank published a paper a few months ago dealing with the evaluation of liquidity on the FX market (you can access it here). Besides discussing previous literature findings regarding forex liquidity the authors investigated the liquidity levels of several different currency pairs using data from 2007 to 2008. The authors used a daily reversal measurement (explained within the paper) of liquidity in order to get a comparable to number to use between the different currency pairs.
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-The studys first findings show us that the EUR/USD and USD/JPY were the most traded instruments during the testing periods while the AUD/USD and USD/CAD had the lowest trading volume. The authors also emphasize on the fact that even though the GBP/USD is an important pair it is very illiquid when compared to the EUR/USD, confirming the findings of previous studies and pointing to the reason why the development of GBP/USD based systems is far more difficult than for the EUR/USD since the lower liquidity makes inefficiencies harder to exploit in a mechanical fashion.
Another interesting conclusion is the high liquidity of the USD/CHF and EUR/CHF during this period which the authors attribute to the safe-heaven status of the frank and the economic crisis during 2007-2008. The study also shows us that liquidity is not constant but changes considerably over time with most currency pairs starting to lose liquidity around August 2007 (carry trade unwinding) rebounding slightly and then resuming the downtrend at the end of this year. This analysis shows that stressful periods in the market are characterized by important drops in liquidity having a very strong relationship with risk sentiment.
Perhaps the most important contribution of this article is the development of ways to measure liquidity and the finding of correlations of FX pairs liquidity with other financial instruments or markets where liquidity is more easily measured. This in turn would allow investors to watch for drops of liquidity, something that could be especially important to those investors looking to shield themselves from crisis periods (investors involved in carry trades for example).
Of course, for us the most important findings are the relative levels of liquidity of the different pairs and their relative relationship. From the above mentioned study we can see that definitely system development should be focused on the EUR/USD and USD/JPY while longer term strategies aimed at "harder" to trade instruments should be used on pairs like the GBP/USD and the USD/CAD.
If you would like to learn more about system development and how you too can develop systems for these currency pairs with sound trading strategies please consider buying my ebook on automated trading or joining Asirikuy to receive all ebook purchase benefits, weekly updates, check the live accounts I am running with several expert advisors and get in the road towards long term success in the forex market using automated trading systems. I hope you enjoyed the article !
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Saturday, March 26, 2016
Did Saint Patty ever trade forex or Nadex ~ forex trading nedbank
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Nadex Vs. Forex
Happy St. Patricks Day! Just as most of our holidays around the world are far different than when they began umpteen years ago, so also evolves the markets. People started celebrating St. Patricks day as a feast for the patron saint of Ireland but Now it is a beer drinking, green shirt wearing, pinch fest. Where did all that come from?
Forex has been around forever. Since the beginning, in the olden days, people have been involved in trading foreign currency from one land to buy products across the mediterranean or wherever. Every King Joe wanted his own currency so that it could be manipulated to fit his own needs. This still goes on today but nowadays, that Ripoff King Joe is named THE FED.
Forex trading has changed throughout the years however. It has come from its original form of just currency transactions to the current day trading of futures, swaps, derivatives, options... you name it! Just like Saint Pattys day no longer resembles the orignal reason of the celebration, so goes foreign exchange. Forex is also different now.
Sometimes differences work for the better. Lets take a look at one of those differences. The North American Derivatives Exchange is a place where traders can trade a derivative of a foreign currency transation. Now, Ryan... What tha bleepity bleep does that mean? Im glad you asked.
A derivative is a product that is derived from another product. Let us start with the ONE main product called currency. Now each country or union has their own currency to manipulate. This is step one in coming up with a derivtive of forex.
Step two involves a transaction from one currency with another currency from another country. Let us pretend that Jim Bob The Swiss Car Part man decides to Buy 1,000,000 doohickeys from Bubba the American from America. He first needs to sell his Swiss Francs and buy U.S. Dollars because being the back woods redneck that Bubba is, there aint no way he in takin no foreigners money.
Step three involves taking that rate of exchange or the amount that Jim Bob got for his francs and pretty much saying, " Hey yall! I know of a guy who makes a market over there. He will take any bet you have that the exchange rate will be higher or lower than the price Jim Bob and Bubba transacted at."
This BET can also be called a derivative with a more formal sounding appeal. Now forex is the actual tranaction, or money actually changing hands. Nadex is a Place, some call it an exchange, where traders can come together and transact opinions but no actual currency changes hands.
These opinions turn into contracts between buyers and sellers and they have to abide by these contracts once an agreement has been met. An agreement between a buyer and a seller can be spotted on the screen of your Nadex Platform. If you see a strike price of 1.2020/1.2025, this means that one trader is willing to buy from you at 1.2020 and one trader is willing to sell to you at 1.2025. If you choose to take either one of these traders up on their bid or offer, then all you have to do is click a button to practically say, " Yes, I would like to buy that at 1.2025."
Now Nadex has a time factor built in that forex does not have. You can buy a forex pair and hold onto it for a minute or 2 years. It doesnt matter. With Nadex, you have a specific amount of time your contract is good for such as the next hour or the next day. If your opinion is right or wrong, you will know at the expiration of this time window.
Forex has no loss limit built in so your losses can run forever and tomorrow you may wake up without a house to live in becasue the market has taken your life savings in 3 seconds, such as what happend when the Swiss National Bank stopped manupulating the CHF. On Nadex, you have pre set amounts that each contract is good for. You can make no more than the contract states and you can lose no more than the contract states. You know you maximum win and maximum loss as well as the time which these wins or losses will be given to you or taken away.
Nadex is sounding pretty darn good right about now but hold your hourses, cow girls... Guess what? Forex has no profit ceiling. If your trade is trending in the right direction, it can run for 10,000 pips and never look back. If you are in that trade, you can hang on and ride right along with it.
Now there was a little primer on forex versus Nadex. They both have their place in trading and they are both unique. What is even more unique is when you can buy a forex pair and sell a Nadex bull spread to hdge your losses. Hedging forex with nadex is something that is flipping awesome! Thats an article for another day. Happy Trading yall!!
forex trading nedbank
Happy St. Patricks Day! Just as most of our holidays around the world are far different than when they began umpteen years ago, so also evolves the markets. People started celebrating St. Patricks day as a feast for the patron saint of Ireland but Now it is a beer drinking, green shirt wearing, pinch fest. Where did all that come from?
Forex has been around forever. Since the beginning, in the olden days, people have been involved in trading foreign currency from one land to buy products across the mediterranean or wherever. Every King Joe wanted his own currency so that it could be manipulated to fit his own needs. This still goes on today but nowadays, that Ripoff King Joe is named THE FED.
Forex trading has changed throughout the years however. It has come from its original form of just currency transactions to the current day trading of futures, swaps, derivatives, options... you name it! Just like Saint Pattys day no longer resembles the orignal reason of the celebration, so goes foreign exchange. Forex is also different now.
Sometimes differences work for the better. Lets take a look at one of those differences. The North American Derivatives Exchange is a place where traders can trade a derivative of a foreign currency transation. Now, Ryan... What tha bleepity bleep does that mean? Im glad you asked.
A derivative is a product that is derived from another product. Let us start with the ONE main product called currency. Now each country or union has their own currency to manipulate. This is step one in coming up with a derivtive of forex.
Step two involves a transaction from one currency with another currency from another country. Let us pretend that Jim Bob The Swiss Car Part man decides to Buy 1,000,000 doohickeys from Bubba the American from America. He first needs to sell his Swiss Francs and buy U.S. Dollars because being the back woods redneck that Bubba is, there aint no way he in takin no foreigners money.
Step three involves taking that rate of exchange or the amount that Jim Bob got for his francs and pretty much saying, " Hey yall! I know of a guy who makes a market over there. He will take any bet you have that the exchange rate will be higher or lower than the price Jim Bob and Bubba transacted at."
This BET can also be called a derivative with a more formal sounding appeal. Now forex is the actual tranaction, or money actually changing hands. Nadex is a Place, some call it an exchange, where traders can come together and transact opinions but no actual currency changes hands.
These opinions turn into contracts between buyers and sellers and they have to abide by these contracts once an agreement has been met. An agreement between a buyer and a seller can be spotted on the screen of your Nadex Platform. If you see a strike price of 1.2020/1.2025, this means that one trader is willing to buy from you at 1.2020 and one trader is willing to sell to you at 1.2025. If you choose to take either one of these traders up on their bid or offer, then all you have to do is click a button to practically say, " Yes, I would like to buy that at 1.2025."
Now Nadex has a time factor built in that forex does not have. You can buy a forex pair and hold onto it for a minute or 2 years. It doesnt matter. With Nadex, you have a specific amount of time your contract is good for such as the next hour or the next day. If your opinion is right or wrong, you will know at the expiration of this time window.
Forex has no loss limit built in so your losses can run forever and tomorrow you may wake up without a house to live in becasue the market has taken your life savings in 3 seconds, such as what happend when the Swiss National Bank stopped manupulating the CHF. On Nadex, you have pre set amounts that each contract is good for. You can make no more than the contract states and you can lose no more than the contract states. You know you maximum win and maximum loss as well as the time which these wins or losses will be given to you or taken away.
Nadex is sounding pretty darn good right about now but hold your hourses, cow girls... Guess what? Forex has no profit ceiling. If your trade is trending in the right direction, it can run for 10,000 pips and never look back. If you are in that trade, you can hang on and ride right along with it.
Now there was a little primer on forex versus Nadex. They both have their place in trading and they are both unique. What is even more unique is when you can buy a forex pair and sell a Nadex bull spread to hdge your losses. Hedging forex with nadex is something that is flipping awesome! Thats an article for another day. Happy Trading yall!!
forex trading nedbank
Tuesday, March 22, 2016
Trading the Noodle Soup Discovering the Power of Guppy MA trading ~ forex trading faq
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I have always believed that the best trading techniques are the simplest ones. I have realized time after time that complexity is not always the key to success in forex trading and system development and that the use of very simple trading techniques that tackle fundamental aspects of market behavior brings us better results and -more importantly- far more robustness than the more "fancy" and complex trading techniques. One such trading technique which I have always found simple and very good at giving us a general picture of overall market behavior was developed by Daryl Guppy, an Australian trader. Within this article I will talk a little bit about the idea behind the GMA technique (Guppy Moving Averages) as well as its application for the development of successful systems.
The Guppy Moving Average method - which is how I believe it should be called - is nothing more than a simple template that puts certain indicators on the chart in the hopes that they will make trending price action much more evident and easier to handle. This method tells us to use the 30, 35, 40, 45, 50 and 60 slow moving averages and the 3, 5, 8, 10, 12 and 15 fast moving averages. The Guppy method teaches that the first group corresponds to the "long term trader behavior" while the short group corresponds to the "short term trader behavior". Guppy seems to have understood these moving averages as the representations of the behavior of short term and long term traders within the currency market.
Obviously when you look at a chart - especially at strong trending periods - through the Guppy lens, things seem to align perfectly with what you would expect and trending price action seems to become crystal clear. Below you can see an example of such a period on the EUR/USD. You can notice perfectly how the fast moving average group "collapses" when we are within the retracement of a long term trend while the slow group remains showing us overall trend direction. Guppy Moving Average charts have always reminded me of noodle soups (because of all the lines and their interactions) reason why when I trade with Guppys indicator setup I like to refer to it as trading the noodle soup.
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-However after you spend sometime studying the GMA and its actual use to create a real trading system which succeeds in time you will notice that it is not very straightforward to do. Although many websites on the internet talk about the GMA method, how to setup the charts and the general information given by the interaction of the moving averages none of them describes a real system which allows us to mechanically apply the GMA to obtain long term profitable results. As always it seems that all we have is some pretty noodle soups and no idea of how to interpret this information to arrive at a system that is able to exploit the information shown on the screen to our advantage.
It is fairly obvious that the GMA method is not without its problems and obviously this makes its mechanical application difficult at first. However after analyzing a lot of the characteristics of the GMA and the way the two groups of moving averages interact I was able to come up with a simple yet powerful system that allows us to exploit long term trading behavior within the daily charts in a mechanical way with precise sets of rules on several different currency pairs (ten year backtest of the EUR/USD shown below). This is indeed a fairly simple moving average based system (with the moving averages used by Guppy) that achieves profits in the long term (note that these simulations on daily charts are bound to very live/back testing consistent).
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-The specifics of this trading systems rules will however remain hidden for the moment as I believe this idea and its results will form part of a future Currency trader magazine article and they will be further polished to become a future Asirikuy trading system. If you would like to learn more about my automated trading systems and how you too can design and build your own reliable strategies with sound risk and profit targets please consider joining Asirikuy.com, a website filled with educational videos, trading systems, development and a sound, honest and transparent approach to trading systems. I hope you enjoyed this article ! :o)
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The emotions while trading live versus demo ~ forex trading nairobi
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This is a true story of what happened to me today. I can sum it all up with one picture of what I was trying to suppress while in the last trade about 30 minutes ago...
Now why did I, and several other people in my group, go through these emotions? What can be done to stop these types of feelings while in a trade?
Here is the story... Today, a fellow trader friend named Hector called out a trade in my private chat room. He stated, " EURJPY just fired off a signal." I took a look and the signal did, in fact, fire off so I jumped in. Several other people jumped in as well.
This trade led to everyone, including myself, flip flopping with their emotions as the trade did a technical move that we call a Flip Flop. As priced moved against us, I felt my heart start racing. I felt my breathing get heavy. As price moved back in our favor, I felt a calmness and ease. Then it went against us again and back in our favor. Back and forth. Back and forth.
It was an emotional roller coaster. I finally sat back in my chair. Closed my eyes for a minute, and in the words of a soldier, whispered to myself, " Ryan, remember your training and you will be fine." I opened my eyes again and I was fine.
What is this training I speak of? I will answer that in 2 parts... Demo and Live.
In live trading, you have so many emotions going all different directions as long as you are in the trade. In demo trading, point blank, you dont. You may think you do but you will only realize that demo emotions are about 1/20th of live trading emotions.
Why is this, though? A trade is a trade, right? Wrong! In demo trading, you have nothing on the line. Your dollars are not on the line. As an educator, your reputation is not on the line. In Live trading, everything is on the line. A wise man once said, "Money perverts everything." This is true. When money is involved, your emotions are affected way more than just testing an idea.
So how do we learn to control our emotions? How do we deal with the fact that on almost every trade, if we are not careful, we could be on this roller coaster of nonsense thinking? How do we keep from second guessing? What is this training I speak of?
Well point blank, several years ago, I started meditating every day. I started the whole positive affirmations stuff. I got on the band wagon of the law of attraction and all that jazz. It ALL works to help curb my emotions during a trade. The ONE thing that helps more than anything else, HANDS DOWN, is the process detailed below...
1. Back Test a system for at least 1000 trades over multiple securities.
2. Did the test produce profit?
3. If yes, then continually back test every day to build your confidence level.
4. Live test in Demo for a while.
5. Did the demo test produce profit?
6. If yes, then still continue to back test every day.
7. Live test with a small amount of money.
8. Did the Live test produce profit?
9. If yes, then still continue to back test every day while trading live.
10. If you ever feel more emotions than you can handle, go to step 1 and start again.
Back testing is the key to profitability. It will show you what works and what does not work. By back testing, you will be able to see how many times in the past, your signal worked or did not work. You will be able to see the market conditions that created winners and losers. You can use this information to build your confidence in a given system. You can also use this process to validate if a system works or not.
Another training I do, which I referred to above, is meditation. I try to keep my mind strong. I keep my mind for second guessing. Meditation helps with this process. Sometimes meditation can take some time to get used to but once you can get yourself into the zone, you will be amazed by the progress you make. You will soon be able to, almost automatically, turn on and off emotions with just a thought or an action of some sort.
One of the biggest mistakes in trading is trading too large. When you trade too large, your emotions will take over and totally screw you. Trade small. One of the things I tell myself on a consistent basis is this, " So what if I lose this trade? I know the system works. Losers are part of the business." When you know losers are going to happen and expect them, it is not so bad because you are expecting them.
If you are not trading too large for your account size, then a loss is no big deal.
In conclusion, Always know the following before any trade...
1. The reason you are entering
2. Your take profit level
3. Your loss level.
Know these things Beforehand. Write them down on a sheet of paper.
Knowing how your emotions affect your trading is important. Once you know the emotional level of your own mind, you will be better equipped to gain control over it. Below is a resource that I still use on a daily basis. Every night before bed, I will go into my own little world for a bit...
My Daily Meditation
Alrighty, Until Next time!
Happy Trading!
forex trading nairobi
Now why did I, and several other people in my group, go through these emotions? What can be done to stop these types of feelings while in a trade?
Here is the story... Today, a fellow trader friend named Hector called out a trade in my private chat room. He stated, " EURJPY just fired off a signal." I took a look and the signal did, in fact, fire off so I jumped in. Several other people jumped in as well.
This trade led to everyone, including myself, flip flopping with their emotions as the trade did a technical move that we call a Flip Flop. As priced moved against us, I felt my heart start racing. I felt my breathing get heavy. As price moved back in our favor, I felt a calmness and ease. Then it went against us again and back in our favor. Back and forth. Back and forth.
It was an emotional roller coaster. I finally sat back in my chair. Closed my eyes for a minute, and in the words of a soldier, whispered to myself, " Ryan, remember your training and you will be fine." I opened my eyes again and I was fine.
What is this training I speak of? I will answer that in 2 parts... Demo and Live.
In live trading, you have so many emotions going all different directions as long as you are in the trade. In demo trading, point blank, you dont. You may think you do but you will only realize that demo emotions are about 1/20th of live trading emotions.
Why is this, though? A trade is a trade, right? Wrong! In demo trading, you have nothing on the line. Your dollars are not on the line. As an educator, your reputation is not on the line. In Live trading, everything is on the line. A wise man once said, "Money perverts everything." This is true. When money is involved, your emotions are affected way more than just testing an idea.
So how do we learn to control our emotions? How do we deal with the fact that on almost every trade, if we are not careful, we could be on this roller coaster of nonsense thinking? How do we keep from second guessing? What is this training I speak of?
Well point blank, several years ago, I started meditating every day. I started the whole positive affirmations stuff. I got on the band wagon of the law of attraction and all that jazz. It ALL works to help curb my emotions during a trade. The ONE thing that helps more than anything else, HANDS DOWN, is the process detailed below...
1. Back Test a system for at least 1000 trades over multiple securities.
2. Did the test produce profit?
3. If yes, then continually back test every day to build your confidence level.
4. Live test in Demo for a while.
5. Did the demo test produce profit?
6. If yes, then still continue to back test every day.
7. Live test with a small amount of money.
8. Did the Live test produce profit?
9. If yes, then still continue to back test every day while trading live.
10. If you ever feel more emotions than you can handle, go to step 1 and start again.
Back testing is the key to profitability. It will show you what works and what does not work. By back testing, you will be able to see how many times in the past, your signal worked or did not work. You will be able to see the market conditions that created winners and losers. You can use this information to build your confidence in a given system. You can also use this process to validate if a system works or not.
Another training I do, which I referred to above, is meditation. I try to keep my mind strong. I keep my mind for second guessing. Meditation helps with this process. Sometimes meditation can take some time to get used to but once you can get yourself into the zone, you will be amazed by the progress you make. You will soon be able to, almost automatically, turn on and off emotions with just a thought or an action of some sort.
One of the biggest mistakes in trading is trading too large. When you trade too large, your emotions will take over and totally screw you. Trade small. One of the things I tell myself on a consistent basis is this, " So what if I lose this trade? I know the system works. Losers are part of the business." When you know losers are going to happen and expect them, it is not so bad because you are expecting them.
If you are not trading too large for your account size, then a loss is no big deal.
In conclusion, Always know the following before any trade...
1. The reason you are entering
2. Your take profit level
3. Your loss level.
Know these things Beforehand. Write them down on a sheet of paper.
Knowing how your emotions affect your trading is important. Once you know the emotional level of your own mind, you will be better equipped to gain control over it. Below is a resource that I still use on a daily basis. Every night before bed, I will go into my own little world for a bit...
My Daily Meditation
Alrighty, Until Next time!
Happy Trading!
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Thursday, March 17, 2016
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