domingo, 23 de junho de 2013

quarta-feira, 4 de maio de 2011

Scalping Forex Strategy




Scalping Forex strategy — is a simple trading system that relies on very close targets, extremely low stop-loss and a lot of positions opened and closed during a short period of time. Not all Forex brokers allow scalping and not all that allow are good to scalp with. Scalping may not be suitable for all traders and, personally, I don't recommend scalping to anyone. The most simple scalping Forex trading system is presented here.

Features

  • Nice profits for lucky (intuitive) traders.
  • No need to pay attention to technical, fundamental or any other analysis.
  • Spreads eat a big part of profit.
  • Reward/risk ratio is usually too low.
  • Not all Forex brokers allow scalping.
  • Requires a lot of time for trading and monitoring.

How to Trade?

  1. Currency pairs with a lot of intraday volatility but low spreads are recommended (EUR/JPY, GBP/USD, EUR/USD and USD/JPY are good examples).
  2. M1 timeframe or lower is optimal.
  3. Optimal trading time is during the European/U.S. and U.S./Asian trading sessions' intersection.
  4. Prepare to enter the positions by closely monitoring the market activity for 5–15 minutes.
  5. When you think that you "caught" the current short-term trend, enter a position.
  6. Set stop-loss to about 10 pips.
  7. The general rule for target profit is one or one-and-a-half spreads. Setting take-profit to such low levels (2–5 pips) is almost impossible, so you'll need to monitor the position to see the target profit and close it manually.

Example

No example chart is present for this trading system as there is nothing important to be shown on the chart. Let's view the following examples.
  1. You open Long position on EUR/USD with 10 pips stop-loss and target for 4 pips of profit. After 20 second the position reaches 4 pips of profit and you close it.
  2. You open Short position on GBP/USD with 10 pips stop-loss and target for 4 pips of profit. After 3–4 minutes the trend unexpectedly reverses and the position is closed by stop-loss.
  3. You open Short position on USD/JPY with 10 pips stop-loss and target for 3 pips of profit. After about 1 minute the position reaches 4 pips of profit and you close it.
  4. You open Long position on EUR/JPY with 10 pips stop-loss and target for 5 pips of profit. After 5 seconds the price spikes and the position reaches 12 pips of profit and you close it.
  5. That's 10 pips of profit in less than 6 minutes. Of course, it's purely hypothetical.

Warning!

Use this strategy at your own risk. EarnForex.com can't be responsible for any losses associated with using any strategy presented on the site. It's not recommended to use this strategy on the real account without testing it on demo first.

Discussion:

Do you have any suggestions or questions regarding this strategy? You can always discuss Scalping Forex Strategy with the fellow Forex traders on the Trading Systems and Strategies forum.

Fonte: http://www.earnforex.com/forex-strategy/scalping-forex-strategy

quarta-feira, 26 de janeiro de 2011

Relatório



Account: Name:  KonradCurrency: EUR2011 January 26, 11:11
Closed Transactions:
TicketOpen TimeTypeSizeItemPriceS / LT / PClose TimePriceCommissionTaxesSwapProfit
28590492011.01.24 21:56sell0.10gbpusd1.59811.60101.59712011.01.25 00:161.59750.000.00-0.154.40
28611432011.01.25 01:40buy0.10gbpusd1.60031.59811.60132011.01.25 01:561.60130.000.000.007.32
28611452011.01.25 07:12sell0.10gbpusd1.59611.59851.59512011.01.25 07:161.59510.000.000.007.32
28730822011.01.26 01:22sell0.10usdjpy82.1082.4082.032011.01.26 01:5082.060.000.000.003.56
28732152011.01.26 04:48buy0.10gbpusd1.58251.58001.58352011.01.26 05:311.58350.000.000.007.30
28732022011.01.26 07:52sell0.10gbpusd1.57731.57951.57632011.01.26 08:011.57950.000.000.00-16.08
28733632011.01.26 07:30sell0.10eurusd1.36571.36871.36472011.01.26 08:081.36870.000.000.00-21.92
28733622011.01.26 08:16buy0.10eurusd1.37031.36871.37132011.01.26 08:331.36870.000.000.00-11.69
28731562011.01.26 05:29sell0.10usdcad0.99610.99910.99512011.01.26 09:010.99510.000.000.007.33
28732452011.01.26 08:47buy0.10crudeoil86.7086.4386.802011.01.26 09:5086.800.000.000.007.30
 0.000.00-0.15-5.16
Closed P/L:-5.31

segunda-feira, 24 de janeiro de 2011

A Trader's Guide To Using Fractals

by Justin Kuepper



HISTÓRIA





Many people believe that the markets are random. In fact, one of the most prominent investing books out there is "A Random Walk Down Wall Street" (1973) by Burton G. Malkiel, who argues that throwing darts at a dartboard is likely to yield results similar to those achieved by a fund manager (and Malkiel does have many valid points). 

However, many others argue that although prices may appear to be random, they do in fact follow a pattern in the form of trends. One of the most basic ways in which traders can determine such trends is through the use offractals. Fractals essentially break down larger trends into extremely simple and predictable reversal patterns. This article will explain what fractals are and how you might apply them to your trading to enhance your profits. 

What Are Fractals? 
When many people think of fractals in the mathematical sense, they think of chaos theory and abstract mathematics. While these concepts do apply to the market (it being a nonlinear, dynamic system), most traders refer to fractals in a more literal sense. That is, as recurring patterns that can predict reversals among larger, more chaotic price movements. 

These basic fractals are composed of five or more bars. The rules for identifying fractals are as follows:
  • A bearish turning point occurs when there is a pattern with the highest high in the middle and two lower highs on each side.
  • A bullish turning point occurs when there is a pattern with the lowest low in the middle and two higher lows on each side.
The fractals shown in Figure 1 are two examples of perfect patterns. Note that many other less perfect patterns can occur, but the basic pattern should remain intact for the fractal to be valid. 


Figure 1

The obvious drawback here is that fractals are lagging indicators - that is, a fractal can't be drawn until we are two days into the reversal. While this may be true, most significant reversals last many more bars, so most of the trend will remain intact (as we will see in the example below). 

Applying Fractals to Trading 
Like many trading indicators, fractals are best used in conjunction with other indicators or forms of analysis. Perhaps the most common confirmation indicator used with fractals is the "Alligator indicator", a tool that is created by using moving averages that factor in the use of fractal geometry. The standard rule states that all buy rules are only valid if below the "alligator's teeth" (the center average), and all sell rules are only valid if above the alligator's teeth. 

Figure 2 is an example of such a setup: 


Figure 2

As you can see, the primary drawback to this system is the large swings that take place. Notice, for example, that the latest fractal had a drawdown of over 100 pips and still has not hit an exit point. However, there are countless other techniques that can be applied in conjunction with fractals to produce profitable trading systems. 

Figure 3 shows a forex trading setup that uses a combination of fractals (multiple time frames), Fibonacci-based moving averages (placed at 89, 144, 233, 377 and their inverses) and a momentum indicator. Let's look at a recent trade setup for the GBP/USD currency pair to see how fractals can help: 


Figure 3

Here is a basic rule setup that is used when using a chart with a four-hour time frame: 
  • Initiate a position when the price has hit the farthest Fibonacci band, but only after a daily (D1) fractal takes place.
  • Exit a position after a daily (D1) fractal reversal takes place.
Notice how the fractals pinpoint meaningful tops and bottoms? This helps to take the guesswork out of deciding at which Fibonacci level to trade - all we have to do is check to see if the daily fractal occurred. We should also note that the trend strength began increasing at the sell fractal, and topped at the buy fractal. Although we lose some pips with the confirmation, it saves us from losing out on mere market noise - 139 pips certainly isn't bad for three days! (For further reading, see Trading Without Noise.) 

Things to Consider 
Here are a few things to remember when using fractals: 
  • They are lagging indicators. They are best used as confirmation indicators to help confirm that a reversal did take place. Real-time tops and bottoms can be surmised with other techniques.
  • The longer the time period (i.e. the number of bars required for a fractal), the more reliable the reversal. However, you should also remember that the longer the time period, the lower the number of signals generated.
  • It is best to plot fractals in multiple time frames and use them in conjunction with one another. For example, only trade short-term fractals in the direction of the long-term ones. Along these same lines, long-term fractals are more reliable than short-term fractals.
  • Always use fractals in conjunction with other indicators or systems. They work best as decision support tools, not as indicators on their own.
Conclusion 
As you can see, fractals can be extremely powerful tools when used in conjunction with other indicators and techniques, especially when used to confirm reversals. The most common usage is with the "Alligator indicator"; however, there are other uses too, as we've seen here. Overall, fractals make excellent decision support tools for any trading method. 

Resources 
These are the two main charting packages that contain fractals: 
If you want to know more about chaos theory and its applications in the marketplace, an excellent book on the topic is "Profiting From Chaos" (1994) by Tonis Vaga. 
by Justin Kuepper

Justin Kuepper has many years of experience in the market as an active trader and a personal retirement accounts manager. He spent a few years independently building and managing financial portals before obtaining his current position with Accelerized New Media, owner of SECFilings.com, ExecutiveDisclosure.com and other popular financial portals. Kuepper continues to write on a freelance basis, covering both finance and technology topics.

Fractais - Forex

HISTÓRIA


Geometria Fractal Forex


Forex geometria fractal visa seus elementos fractal derivado da palavra latina "Fractus", que significa quebrado ou fraturado. Benoît Mandelbrot é creditado com inventar o fractal frase antes de 1980. A geometria fractal é aplicado para descrever formas geometria euclidiana, que pode não apenas por causa de sua "não regulares" características.
teoria da geometria é baseada no fato de que um determinado objeto que não tem o número habitual de full-dimensional. Em outras palavras, uma meta não pode atender a algumas dimensões arredondados. Franco-alemão ocidental Tratado de Cooperação: consulte um acordo assinado em 1963 pelo presidente Charles de Gaulle e Konrad Adenauer, chanceler, que determinou que a Alemanha Ocidental queria levar a economia através da guerra fria e da França, Powerhouse diplomáticas antes, quer a liderança política .
É princípio de Mandelbrot de similaridade eu que faz o uso da geometria fractal negociação Forex crescer em popularidade. Fractais semelhança exibem auto ", que basicamente significa que as formas não-geométricas regulares parecem a mesma coisa se você está longe ou perto.
Dr. Bill Williams fornece uma boa visão de padrões fractais em seu livro "Trading Chaos". Nela, ele descreve a si padrões semelhantes repetem-se não só de comércio ao longo prazos diferentes, tais como horários, diários, semanais, etc., Mas em todo diferentes mercados também.
No método de negociação de Forex usando geometria fractal é observando os padrões que ocorrem a inversão e negociação forex mercado como eles repetem esses padrões em seu calendário escolhido. Dentro de cada padrão de reversão mensal, existe um padrão de reversão semanal que tem dentro de si um padrão de reversão diária que tem dentro de si um padrão de reversão de hora em hora, e assim por diante.
É bom saber que mesmo quando você quer pegar um grande encontro no mercado Forex é uma boa idéia de olhar para vários calendários para melhor o seu tempo de entrada. A geometria fractal métodos de negociação Forex permitirá que você faça exatamente isso.

OPERACIONAL


Leiam o artigo deste site: http://www.overmundo.com.br/overblog/extrategia-para-forex-operando-com-fractais, o mesmo é simples e sucinto a respeito de como utilizar os fractais.

sexta-feira, 21 de janeiro de 2011

Resultados obtidos

Segue ai os resultados obtidos referentes as primeiras operações, pratica da teoria vista em aula.




Account: Name: KonradCurrency: USD2011 January 21, 16:08
Closed Transactions:
TicketOpen TimeTypeSizeItemPriceS / LT / PClose TimePriceCommissionTaxesSwapProfit
23675952011.01.21 03:41buy0.10eurusd1.35001.34300.00002011.01.21 03:461.35020.000.000.002.00
23678392011.01.21 05:18sell0.10eurusd1.34851.35550.00002011.01.21 05:401.34830.000.000.002.00
23684352011.01.21 06:56buy0.10eurusd1.35021.34320.00002011.01.21 07:021.35040.000.000.002.00
23709422011.01.21 10:18sell0.10eurusd1.35331.36030.00002011.01.21 10:241.35310.000.000.002.00
23711392011.01.21 10:54sell0.10eurusd1.35341.36040.00002011.01.21 11:001.35300.000.000.004.00
23718972011.01.21 12:13sell0.10eurusd1.35221.35920.00002011.01.21 13:171.35200.000.000.002.00
23724112011.01.21 13:11buy0.10eurusd1.35291.34590.00002011.01.21 13:301.35310.000.000.002.00
23722082011.01.21 12:40buy0.10eurusd1.35510.00001.35512011.01.21 14:181.35510.000.000.000.00
 0.000.000.0016.00
Closed P/L:16.00
Open Trades:
TicketOpen TimeTypeSizeItemPriceS / LT / P PriceCommissionTaxesSwapProfit
No transactions
 0.000.000.000.00
 Floating P/L:0.00
Working Orders:
TicketOpen TimeTypeSizeItemPriceS / LT / PMarket Price 
No transactions
 
Summary:
Deposit/Withdrawal:0.00Credit Facility:0.00 
Closed Trade P/L:16.00Floating P/L:0.00Margin:0.00
Balance:136.65Equity:136.65Free Margin:136.65