How much do you really know about High Frequency Trading? Do you want to know the implications of High Frequency Trading on the financial markets?
Well, then take some time to read this piece of research done by Deutsche Bank.
Saturday, July 2, 2011
Not to be missed! How to trade demand and supply zones!
As a follow up to the previous video, I managed to locate more in-depth explanation of demand and supply zones trading. These topics are further explored by Sam Seiden in his Webinars.
- Trading and Analysis (added April 2011)
- Rule Based Market Timing (added April 2011)
- Trading The All Star Entry (added April 2011)
- Breakout Trading in Forex
- Supply and Demand Strategy Application
- Identifying High Probability Turning Points
- Forex Swing Trading With Supply and Demand Analysis
- Currency trading with Forex Futures
- Supply, Demand and Bollinger Bands
- Live Trading and Analysis
- Identifying Swing Trading Opportunities in the Forex Market
- An Important Rule To Consider When Scanning For Trading Opportunities In Forex
- Rule based trading for short and longer term Forex traders
- Multiple Time Frame Analysis
- Low Risk Breakout Trading in Forex
- Rule Based Short Term Trading In Forex
- Trade What Is Real, Not What You Feel: Quantifying Supply and Demand in The Forex Markets
- Conventional Chart Patterns and Forex
- Short term Forex Trading Strategies, Breakouts and Reversals
- MONTHLY WEBINAR: Understanding The Creation Of Candles In Forex Trading
- Capture reversal points with the use of indicators and oscillators
- Forex Swing Trading, Low Risk / High Reward Trading
- Understanding The Exact Process Behind The Movement In Price
- Using CCI and Stochastics For Long and Short Term Forex Trading
- Multiple Low Risk Forex Entries With Support and Resistance
- Supply and Demand Trading with Mechanical Indicators and Oscillators in the Forex Markets
Liquidity Gaps and Spike Removals (noBrainerTrades)
The following is an extract from noBrainerTrades website.
Liquidity gaps can be vary valuable in both dissecting price and distinguishing major reversal points or price targets.
When using as a meter to take profits, do so when gap risk becomes considerably lower, at the base or origin or the spike.
Trade in line with the prevailing, underlying trend.
Use as a guide of knowing when to stay out, or be patient for better risk / reward.
Know how to identify the four major types of gaps, which ones fill and which ones don’t.
Don’t “fudge” the setup. If things don’t line up or are ambiguous, this is probably the case to everyone else
.
Applicable to all time frames; concept is still very much the same.
Learning and successful application are two very different things. Filling the gap between them takes time
based on your own effort, diligence, sensibilities, etc.
The liquidity gaps that he talks about in the video is very coincidentally 100% similar to what Chris Lori spoke about when he came to Singapore. I will refrain from speculating who copied whose style of trading. But this could help you in your trading.
Liquidity gaps can be vary valuable in both dissecting price and distinguishing major reversal points or price targets.
When using as a meter to take profits, do so when gap risk becomes considerably lower, at the base or origin or the spike.
Trade in line with the prevailing, underlying trend.
Use as a guide of knowing when to stay out, or be patient for better risk / reward.
Know how to identify the four major types of gaps, which ones fill and which ones don’t.
Don’t “fudge” the setup. If things don’t line up or are ambiguous, this is probably the case to everyone else
.
Applicable to all time frames; concept is still very much the same.
Learning and successful application are two very different things. Filling the gap between them takes time
based on your own effort, diligence, sensibilities, etc.
The liquidity gaps that he talks about in the video is very coincidentally 100% similar to what Chris Lori spoke about when he came to Singapore. I will refrain from speculating who copied whose style of trading. But this could help you in your trading.
Thursday, June 30, 2011
innerFX (How I Trade)
So spend some time to read through this article at innerFX!
Wednesday, June 29, 2011
Tuesday, June 28, 2011
Confessions of a Trader
Just bear with me for this one. Sometimes it's tough to be completely honest with yourself, but it's important that you do. Otherwise, you will never improve.
At the moment, I'm sitting on losses in my EUR/USD trade. Even though I was in profit at one point, it wouldn't have meant much even if I won the trade. Because I would have won it the wrong way. Better to lose the right way, than to win it the wrong way.
Mistake 1: Choosing to see what I wanted to see
For example, take a look at EUR/USD. The "M Formation" doesn't qualify because there are too many peaks within the "M". But I chose to view it as a "M" so that I could quickly make back my losses in CHF/JPY. Moving forward, I will leave my trade on until I get stopped out.
Mistake 2: Adding on another position without planning for it beforehand
Yes, it was an impulse adding of position, and at the worse possible price. I added a short almost at the lowest point: 1.42628
Lessons learnt: Be objective and stay out of the market if I'm emotional after losing a trade.
Dukascopy FX Trading Competition
You may be interested to know that Dukascopy has been running a monthly FX trading competition. You can find the website here. You will be trading on a Demo account in this competition, and attractive prizes are up for grabs.With high returns and absolutely no risk involved, why wouldn't you give it a shot?
The registration for July Contest is now open!
See you on the other side!
Tuesday, May 31, 2011
Top Traders Under 30 (MUST READ)
As a trader yourself, you will probably want to know who the top traders are, what makes them special, and who they work for. This website will tell you all about them!
Enjoy!
http://www.investoholic.net/general/113-top-traders-under-30
Enjoy!
http://www.investoholic.net/general/113-top-traders-under-30
Monday, May 30, 2011
Good Forex Blogs Resources
With so much information on the internet these days, you don't have to pay thousands of dollars to learn about FX Trading. You will be surprised how much you can learn just reading other traders' blog. I came across a good forex blogs website a few days ago. It contains several links to Forex Blogs.
Take a look when you have the time :)
http://www.forex-bloggers.com/
Take a look when you have the time :)
http://www.forex-bloggers.com/
Saturday, May 28, 2011
Up Close & Personal With Chris Lori!
Hi all,
I joined this trading group on meetup.com since last year. And a few days ago, I received an email saying that Chris Lori is coming down to Singapore! It's probably once-in-lifetime opportunity to listen to a professional FX trader. You should come down if you can.
P.S. Join early to avoid disappointment!
http://www.meetup.com/forextrading-152/events/19511621/
Chris Lori is also a popular speaker on the foreign exchange environment and has shared his insights and techniques with traders and fund managers worldwide. The high demand for Chris as a speaker, trainer and fund manager has placed him on the global stage with frequent lectures and workshops in Singapore, Australia, USA, Canada and Europe. Chris has been a guest on Canada’s “Money Talks” Radio show, Singapore’s Radio 938, and has written articles for financial publications in Singapore, USA and Canada.
In 1988, Chris completed the Canadian Securities Course and has had a passion for trading in the financial markets ever since. Although Chris maintains his priority as a CTA and fund manager, he is the only active fund manager who also educates in the foreign exchange sector, which sets his expertise apart from any other. His experience as a foreign exchange fund manager has inspired him to author educational materials for forex traders, such as; Pro Trader Complete Course, Understanding Global Fundamentals for Foreign Exchange Traders, Strategies for Optimal Entry and Position Management, Scalping in the Forex Market, and Powerful Reversal Formations. He has also authored an eBook on the psychology of trading titled, “Face the Trader Within,” and an article titled “Foreign Exchange and Your Portfolio.”
Previous to his career as a fund manager, Chris competed in four Olympic Winter Games and won the prestigious Overall World Cup Championship in the sport of bobsleigh. Chris totaled nine Crystal Globes for Overall World Cup final standings and accumulated twenty-two World Cup Medals during an outstanding bobsledding career. Chris was a model athlete in Canada where his success brought him celebrity status and high demand for appearances and endorsements.
As a champion athlete and successful trader, it is clear that Chris harbors the psychological prowess that he acquired as a tenacious winner in Olympic sport that is essential for success in trading.
Chris continues to strive for excellence in his trading, fund management and mentoring career. He is a dynamic leader who fosters the importance of integrity, discipline and truth in trading and in life.
I joined this trading group on meetup.com since last year. And a few days ago, I received an email saying that Chris Lori is coming down to Singapore! It's probably once-in-lifetime opportunity to listen to a professional FX trader. You should come down if you can.
P.S. Join early to avoid disappointment!
http://www.meetup.com/forextrading-152/events/19511621/
Chris the Fund Manager
http://www.chrislori.com/about-Chris-Lori.html
Chris Lori is a registered CTA and fund manager for a private firm where he manages funds on behalf of private and institutional clients worldwide. Chris offers private consulting services to individuals and institutions looking to diversify their portfolio relating to foreign exchange holdings and risk. He also manages a currency fund for clients booked in London and Singapore.Chris Lori is also a popular speaker on the foreign exchange environment and has shared his insights and techniques with traders and fund managers worldwide. The high demand for Chris as a speaker, trainer and fund manager has placed him on the global stage with frequent lectures and workshops in Singapore, Australia, USA, Canada and Europe. Chris has been a guest on Canada’s “Money Talks” Radio show, Singapore’s Radio 938, and has written articles for financial publications in Singapore, USA and Canada.
In 1988, Chris completed the Canadian Securities Course and has had a passion for trading in the financial markets ever since. Although Chris maintains his priority as a CTA and fund manager, he is the only active fund manager who also educates in the foreign exchange sector, which sets his expertise apart from any other. His experience as a foreign exchange fund manager has inspired him to author educational materials for forex traders, such as; Pro Trader Complete Course, Understanding Global Fundamentals for Foreign Exchange Traders, Strategies for Optimal Entry and Position Management, Scalping in the Forex Market, and Powerful Reversal Formations. He has also authored an eBook on the psychology of trading titled, “Face the Trader Within,” and an article titled “Foreign Exchange and Your Portfolio.”
Previous to his career as a fund manager, Chris competed in four Olympic Winter Games and won the prestigious Overall World Cup Championship in the sport of bobsleigh. Chris totaled nine Crystal Globes for Overall World Cup final standings and accumulated twenty-two World Cup Medals during an outstanding bobsledding career. Chris was a model athlete in Canada where his success brought him celebrity status and high demand for appearances and endorsements.
As a champion athlete and successful trader, it is clear that Chris harbors the psychological prowess that he acquired as a tenacious winner in Olympic sport that is essential for success in trading.
Chris continues to strive for excellence in his trading, fund management and mentoring career. He is a dynamic leader who fosters the importance of integrity, discipline and truth in trading and in life.
Friday, May 27, 2011
How pro traders think and trade! (SMB Capital)
As a follow up from my recommendation of "One Good Trade", I bring you "Live From The Trading Floor" from SMB Capital. You get a preview into how proprietary traders think and trade stocks. I don't think you'll get such a deep insight anywhere else.
Enjoy!
http://www.stocktwits.tv/live-from-the-trading-floor-with-smb-training/
Enjoy!
http://www.stocktwits.tv/live-from-the-trading-floor-with-smb-training/
Tuesday, May 24, 2011
One Good Trade (Highly Recommended)
I highly recommend "One Good Trade".
I am halfway through the book at the moment. The book brings you into SMB Capital - Proprietary Trading Firm in New York. The author, Mike, begins by sharing with you the personalities of the top traders in the firm. You have all kinds of different personalities who make it as a professional trader. And you will be extremely surprised by the diversity.
The next part of the book shares with you the "secrets" of trading. Essentially, Mike shares with you how the top traders train and sharpen their trading skills each day. He shares that it's all hard work and resilience. And often, top traders are compared to top athletes in the world.
Also, Mike makes the book even more interesting by bringing in real trades that some of the traders made on the trading floor. I promise you that you will get hooked onto it once you start.
But don't expect the book to teach you actual trading techniques and skills. No, there will be none of that in the book.
Three words to describe the book: Enriching, Inspiring and Awesome.
I am halfway through the book at the moment. The book brings you into SMB Capital - Proprietary Trading Firm in New York. The author, Mike, begins by sharing with you the personalities of the top traders in the firm. You have all kinds of different personalities who make it as a professional trader. And you will be extremely surprised by the diversity.
The next part of the book shares with you the "secrets" of trading. Essentially, Mike shares with you how the top traders train and sharpen their trading skills each day. He shares that it's all hard work and resilience. And often, top traders are compared to top athletes in the world.
Also, Mike makes the book even more interesting by bringing in real trades that some of the traders made on the trading floor. I promise you that you will get hooked onto it once you start.
But don't expect the book to teach you actual trading techniques and skills. No, there will be none of that in the book.
Three words to describe the book: Enriching, Inspiring and Awesome.
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