Asian Range Breakout Forex Strategy - dolphintrader.com

Finding an edge through VOLATILITY

Hi there, I discoved the forex world back in 2013. I've tested tons of method. I jumped from indicators to indicators, from indicators to Price action, from price action to indicators again, lol all possible combinations.
At the end of the day I've found that 'traders' tend to ignore what matter the most in the market: VOLATILITY.
No matter how effective your method is, if you ignore market volatility you won't make it. Trend trading strategies will work at time of high volatility and range trading will be effective during low volatility time.
Try to trend trade the EURUSD during Asian session for example you will lose your money. Try to range trade during the UK open and you will also lose your money. You must know what your system is about: a range trading method or a trend trading approach?
So my methods:
1-Trend trading during time of expected great volatility: UK,US,FRANCFURT SESSION OPENS and after high or medium impact news release.
2-Range trading during the late US session until Tokyo open due to low probability of a breakout during this time frame. (I've got my best performance here).
I tremendously reduced my screen time once I start using volatility and time filter. So it's really boring not to trade most of the time of the day(I really want to trade non stop). I decided to screen record my trades to fill the gap by editing and publishing after. Then I realised that by editing the videos I am also reviewing my entries, seeing where I could have done better etc. That's great. I recommend to atleast take screenshots of all your trade then review them on week-ends.
Here my yesterday's range trading session during the late US session. http://imgur.com/YqlkFhP
submitted by alm_hd to Forex [link] [comments]

Let's Talk Fundamentals (because they might be important this week)

This is more of a brain dump to encourage discussion, so I'd love to hear your thoughts.
Something strange happened this week.
Stocks fell off - mostly Japanese stocks, but equity markets everywhere suffered nasty losses. The S&P 500 shat a nasty reversal candle on Thursday, and the Nikkei posted one of its largest falls in history on Friday.
At the same time bonds fell (yields rose). The US Dollar also fell.
That's not how it's supposed to work.
When stocks fall, bond yields fall (bond prices rise) because more people buy them. Where the hell was the money going?
Into the Yen and the Swiss Franc, mostly. The Yen because most of the action was in Japan. The USD/JPY and Nikkei 225 are HEAVILY correlated. I can't tell if the fall in stocks preceded the fall in USD/JPY (and AUD/JPY, which many say led the way), or if it was the other way around, but either way we had classic risk aversion kicking in.
USD/JPY posted its largest weekly decline since 2011.
There was some jawboning, and data from Japan to suggest that the new QE measures are working.
But wait a second: they've only just started. That money hasn't really filtered down to anywhere where it's actually being used to power the economy. The only real effect so far has been a massive uplift in stocks. This is because a lot of the Nikkei 225 is made up of exporters and multi-nationals, and a falling Yen boosts their expected profits - nobody's actually made any money yet.
The technicals still only say "retracement", not "reversal", but we're hanging in by a thread - especially USD/JPY. If we break Friday's low, 100 is in sight. If this break is for real, this psychological barrier will mean absolutely nothing.
After this 97.00 is next, then 95.00/94.50, then 92. I don't think any fall would get down to 92, or even 94, but 97 is highly possible by the end of this week - and if we get there, it could be in a matter of minutes.
Before I go on, COT data
(For newbie traders, COT means Commitment of Traders, and it's a series of complicated charts showing net speculative futures positioning. When you overly it onto price data, you will find that extremes of short positioning tend to precede massive rallies. This is because a LOT of people get increasingly short as price starts to fall, which reaches an extreme as it continues to fall. Price starts to come back up, and the extreme extends a little bit more, before you get a short squeeze and everyone buys furiously to get out of unprofitable short positions)
Aussie COT showed a massive extreme in short positioning: http://stocktwits.com/message/13774559
So did the Japanese Yen: http://stocktwits.com/message/13774580
The most telling is the S&P500: http://stocktwits.com/message/13774599
The light blue line says that the big money is getting more and more out of stocks (or since it's futures positioning, they're starting to bet it will fall)
All other things being equal, this means these two are probably due a large correction. All other things might not be equal, however. Extremes in quiet times can become the norm in unusual circumstances - bear this in mind.
This is the scenario if Asian stocks lead the fall. Longs are clearly nervous, but the docket is light this week. This alone could be enough - with minor bad news sparking panic selling. The US Dollar could see some initial selling purely on USD/JPY, pushing the majors higher. This will happen during the Asian session. If it happens in the morning, you will see European markets open lower, and we might get early USD weakness as USD/JPY sells off.
But it won't last. The risk aversion will spill into European and US stocks as these markets open, and they may gap significantly lower. In this case the Swiss Franc will strengthen first, followed by the US Dollar. So I don't like USD/CHF so much here. The US Dollar will almost certainly surge once US markets open.
If this is the real deal, (and that is the biggest fucking "IF" ever because many have called this reversal lots of times and have given up after being wrong repeatedly) this dollar surge will be enormous. The world will be waking up from its dream of a fragile recovery that has been overblown by surging stock markets.
Stock markets have been rallying for mixed reasons. Some of it is investor confidence, but most of it is simply the search for yield, which most cash investments can't provide at the moment. Dividend yields in stocks are good, and fund managers have been buying them because they need to beat indices, which are rising more quickly than the values of their portfolios. This cycle has fed itself, and stocks have risen, even though demand for those companies' products and services has remained tepid.
If this happens, the Yen crosses will be blown to bits, as will the majors. But don't just go short everything if you see it falling. It will be difficult to know whether it's the real thing, and you'll have to be in front of your trading screen at the time (unless you want to set breakout orders)
We are seeing all the signs of a minor bubble bursting.
The headlines have been all about markets hitting new highs, and everybody buying stocks. That is usually a sign that the smart money has started selling their large holdings to incoming retail investors, and that a lot of the profit from the bull run has been made. If stocks start to look wobbly up here, the last ones in will be the first ones out.
Look at USD/JPY or the other Yen crosses zoomed out to 2005. The rise is absurd. I showed it to my girlfriend, who doesn't know the first thing about Forex, and she said it looked unnatural and if she had to guess, the next move would be "down a bit". This kind of woke me up a little - it was so obvious because the move up seems to be against the laws of nature, even if backed by fundamentals. Humans are good at pattern recognition, and even she could look at previous price action and recognize that a sharp rise like this almost never happens without a bit of falling.
It all depends on where you bought.
For example, if you had held USD/JPY since 92.00, and you planned to hold it for the rest of the year, you wouldn't worry so much about a drop to 97 (though it would be annoying). If you were long on a break of 100.00, you would be getting the fuck out. Your stop might be at 100, or maybe you'd locked in 50 pips. The point is that longs are now nervous, and bids will be hard to find below 100. Most people are probably prepared to take a chance buying a dip into around 100 (I know I am), but not below there.
Below there are stop losses. Hundreds of millions of them.
So that's my take on things. I'm not saying the world will end this week, but we all know that what goes up very quickly when there isn't a good reason to do so, usually comes down pretty quickly as well.
Others would argue with my fundamentals. I've seen articles saying that the rise in stocks can be attributed to companies holding on to cash reserves and paying high dividends, because they are worried that the recovery might not come. When they finally do see it coming, they will start spending that cash on growing and employing people - so maybe stocks are leading the global economy in this recovery.
I say horse shit. Demand has to precede supply, and right now the powerhouses of the global economy have more supply capacity than there is demand for. We have got into this situation because corporate profits have stayed very good during the last few years, but household incomes have fallen in real terms, and the average consumer is no better off, even though central bank governors are starting to say otherwise.
You and I are still earning far less money than we should be, and spending proportionally more and more of it every year as wage growth struggles to keep up with inflation, which is already low in most developed countries. Corporate profits continue to do well, but this money is not being spent in the real economy and used to create jobs.
I'm not going to go all marxist here for my last thoughts, but it is important to realise that there is a continuing and growing concentration of wealth in the hands of the few. They might say that they are the job creators, and many of them are. But for the most part they are the wealth hoarders. That money goes into things that cause the economy to appear to be growing, but do not actually grow the real economy - company stock, large assets, investments.
They also buy things from companies that are seeing their profits grow faster than the wages they pay. Where a dozen board executives get huge bonuses and a hundred thousand shareholders see their balance sheets grow, the people who are actually spending their portion of that company's profits (the employees) don't have any more money to inject into the economy than they did last year.
These market forces are going to collide sooner or later. Either:
I'm not saying it will happen this week, or at all. All I'm saying is that stocks are rising very quickly on not much at all. There are precedents for this throughout history, and it never ends well. When you hear hoof beats, don't think zebras.
TL;DR Forecast is choppy, with a light chance of apocalypse
submitted by NormanConquest to Forex [link] [comments]

Simple ASIAN BREAKOUT Forex Trading Strategy: How to Catch 100 Pips a Day Easily without Difficulty The Asian Session Indicator ICT Forex - Implementing The Asian Range - YouTube breakout indicator.mp4 MB Breakout and Reverse Forex Indicator demonstration How to setup the Asian Range Indicator on MT4 - YouTube Indicator ngon  Chỉ báo Asia Breakout  Finashark.vn Asian Breakout Indicator MT4  MT5 - YouTube Forex Asia Breakout Strategy : How to Increase Your Forex ... Amazing Breakout Indicator Trading Forex

Asian 2 Forex Breakout Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template. The essence of this forex strategy is to transform the accumulated history data and trading signals. Asian 2 Forex Breakout Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders can ... These indicator the 3 major forex trading sessions. Green is Asian trading session, dark red is UK/Europe Trading Session and Blue is US trading session; What you need to do is when the Asian session ends, you need to identify its highs and low. Then place a buy stop pending order 2 pips above the Asian trading session’s high and place a sell ... The 20 Pips Asian Session Breakout Forex Trading Strategy is a trading system designed to capture the breakout of the asian trading range during the london forex trading session. Let’s be honest, many forex traders don’t like trading the asian forex trading session…why? For one simple reason only: price does not travel too much at all which simply means less trade volume compared to the ... This forex system is similar to the london breakout forex trading strategy but the in this article we will use some great supporting indicators to catch trade signals accurately. And now let’s go to the rules…. Currency Pairs to Trade: GBPUSD, GBPJPY, EURGBP, EURJPY. At least 1hr before the London market opens, you need to identify the highest high and lowest low of the Asian trading session. Asian Range Breakout Forex Strategy. The Asian Range Breakout Forex strategy is a trading system designed to capture solid breakouts during the Asian trading range. To be frankly, forex traders do not like the Asian trading session for one reason only: when compared to the London and New York sessions, price does not move as much, thus resulting to less trade volume. Considering the thin ... Asian BreakOut Forex Trading System and Money Management Strategy To Increase Profits Advanced Moving Average Forex Trading Tutorial – How To Become A Successful Forex Trader With Moving Average Indicator Online Foreign Currency Trading Tutorial – EMA MACD Forex Trend Dominator Trading System and Strategy Foreign Exchange Currency Trading & Investment Strategy – Forex Z 20 System for ... The Asian Breakout Range forex indicator for Metatrader 4 is used to trade Asian session breakouts. The indicator draws a colored box ready to trade Asian breakouts either to the upside or downside. The trading box principle is very easy to understand: Open buy trade when price exceeds the high price of the box, this is a bullish signal. Vice versa, open sell trade when price exceeds the low ... Asian Breakout is an box breakout forex strategy.. Time Frame 15min. For Currency Pairs: Majors. metatrader 4 Indicators:. Breakout Box Asian. Long Entry:. Place an pending buy order 3 pips above top the box. Set your stop loss at 30 pips and your take profit at 60 pips. When you are 20 pips in Asian 2 Forex Breakout Strategy is a combination of Metatrader 4 (MT4) indicator (s) and template. The essence of this forex strategy is to transform the accumulated history data and trading signals. Asian 2 Forex Breakout Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the ... Range Breakout Indicator; Xi-Asian Session Indicator; Max Range Indicator; TRO Range Indicator; Range Indicator; Trend Range Indicator; I-Morning Range; Hi-Lo Range Oscillator; Hi-Lo Range Oscillator; Range Expansion Index; Range Volume Ratio Indicator; TLB Breakout Indicator; MaksiGen Range Move; Breakout RSI Indicator; Average True Range (ATR) Range Oscillator with Bands; Find more ...

[index] [9016] [20520] [19301] [7279] [16823] [18222] [27815] [1464] [4712] [9631]

Simple ASIAN BREAKOUT Forex Trading Strategy: How to Catch 100 Pips a Day Easily without Difficulty

The Asian Session can also act as an important area of support and resistance. The high and low lines establish support and resistance points which must be respected throughout the day. You'll ... This "Asian BreakOut Trading System" is a trading system designed to capture the breakout of the Asian trading range during the London forex trading session. Loading... Sunshine Trader Breakout Indicator V1.0 - Duration: 19 ... Forex Asia Breakout Strategy : How to Increase Your Forex Trading Profits - Duration: 4:27. Forex Strategies 21,889 views. 4:27. Simple ... This explains how to fix any indicator problems you may have and how to set the indicator up as per Ben's specs Join Now XM.COM To Get $30 Free Forex Bonus Click the Link Now : https://goo.gl/Mk71uv ***** Recommended Fore... IM Academy, Tradehouse, I Markets Live… the list goes on with these frauds educators. Stop paying for these poor copycats of my free lessons on Forex Trading, f... Chỉ báo Asia Breakout báo hiệu điểm bứt phá. Tải chỉ báo tại đây: https://finashark.vn/thu-vien-chi-bao/mt4/chi-bao-xu-huong-giao-dich-forex ... metatrader breakout indicator and various other indicators that can be used in conjunction with the forex dashboard. In this video, we demonstrate the working of KT Asian Breakout indicator. KT Asian Breakout indicator scans and analyzes a critical part of the Asian session... Amazing Breakout Indicator Trading Forex best indicator to find entry point trading forex Get Indicator Now ! http://bit.ly/breakoutindicator Trade Now ! htt...

http://arab-binary-option.royworkrespne.tk