Sunday, August 10, 2014

Top 25 Forex Opinion Leaders



 Necessary for our trading strategies to work is information. Information as to what works and what does not work and also we need to know what may be happening in the market place. Fortunately for us as traders there are people who research and develop great content  and make this available to us on their sites.

Here is a list of great authors created by TradersDNA, these people are influencers in their area of expertise and I wanted to share this great list with you today.





Seeking Alpha: Top 25 Forex Opinion Leaders - Traders DNA ...
http://www.tradersdna.com Tue, 28 May 2013 08:00:34 GMT
Staying informed and making sure that you are as knowledgeable as possible about the markets is one of the cornerstones of any Forex trading strategy. However, with so much information and noise out there, how do you know who you should be listening to? Sometimes, it can pay to tap into the wisdom of crowds, to see what other traders find to be the most useful and profitable sources of information.
In the fast forward and ever changing world of digital and social media all industries are seeing an increase of the importance of personal branding and specially thought leadership. Forex Trading is as well an industry that as it grows needs value creation thought leaders. Influence is the gold of the present times as influencers can change and lead the way companies go and the way the markets go and act. In Forex the right influencers can reach big audiences and advice them in their trading activities and how to use platforms, trading instruments and Forex brokers.
Read more ...

Saturday, August 9, 2014

12 Excellent Books To Enhance Your Library OF Trading Strategies


What will we use for a Trading Strategy ?

How do we know what to look for on a chart?

Where will we place our entry?

What sort of indicators will show us what we need to know?

How to we evaluate our trading strategy?

How much will this strategy produce?

How much do I stand to lose from an entry using this strategy?



Traders and investors face this dilemma every day, many questions and possibly doubts and worries. The biggest problem is that there are many excellent answers and solutions if we only knew where to find those.

Mr. Market is one crafty dude and is determined to show us a different face every day which makes our selection of a strategy a job that requires much study and painstaking research. It seems that as soon as we develop a system that appears to work our stop loss gets hit a few times and we have to start over.

Therefore the need for good quality research and a library filled with resources so that we can locate ideas and solutions and inspirations.

I have gathered a selection of good books that you can have a look at, hopefully there will be some rewarding ideas for you.

Enjoy..!





















The Simple Strategy - A Powerful Day Trading Strategy For Trading Futures, Stocks, ETFs and Forex

Check out customer reviews Author:Markus Heitkoetter,Mark Hodge
Format:Kindle eBook
Binding:Kindle Edition
Manufacturer:Rockwell Trading Services LLC
Learn A Powerful Day Trading Strategy In Less Than 60 Minutes A profitable trading strategy is the most important tool for a trader. This book explains a powerful trend-following day trading strategy for trading futures, stocks, ETFs and Forex. 'The ...
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The Encyclopedia of Trading Strategies

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Author:Jeffrey Owen Katz Ph.D.,Donna L. McCormick
Binding:Hardcover
Manufacturer:McGraw-Hill
The Encyclopedia of Trading Strategies is for traders who want to take the next step to consistently profitable trading. The authors--themselves seasoned veterans of the futures trading arena--pinpoint the trading methods and strategies that have bee ...
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High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets

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Author:Robert C. Miner
Binding:Hardcover
Manufacturer:Wiley
In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year ca ...
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Explosive Stock Trading Strategies

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Author:Samir Elias
Binding:Hardcover
Manufacturer:Lovoc Group Inc
Success in trading depends on one's ability to risk their money only on high probability trades. In this book Dr. Samir Elias, author of Generate Thousands in Cash on Your Stocks Before Buying or Selling Them,distills his years of trading experience ...
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Building Reliable Trading Systems: Tradable Strategies That Perform As They Backtest and Meet Your Risk-Reward Goals

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Author:Keith Fitschen
Binding:Hardcover
Manufacturer:Wiley
An award winning system developer explains how to create, test, and implement a profitable trading systemTraders have long been drawn to the idea of translating their strategies and ideas into trading systems. While successful trading systems have be ...
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Trading Strategies From a Trading Skeptic

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Author:Dan Murphy
Binding:Paperback
Manufacturer:Joshua Tree Financial, Inc.
Fact: 95% of short-term traders lose money. Even worse, the average stock-picking newsletter has returned -3.7% annually over the past 30 years!(Source: Jack Schwager, Market Sense and Nonsense). Despite the seemingly insurmountable odds of becoming ...
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Algorithmic Trading: Winning Strategies and Their Rationale

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Author:Ernie Chan
Binding:Hardcover
Manufacturer:Wiley
Praise for Algorithmic Trading'Algorithmic Trading is an insightful book on quantitative trading written by a seasoned practitioner. What sets this book apart from many others in the space is the emphasis on real examples as opposed to just theory. C ...
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Short Term Trading Strategies That Work

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Author:Larry Connors,Cesar Alvarez
Binding:Hardcover
Manufacturer:TradingMarkets
Market volatility has been at record levels in recent months, leaving every trader and investor to ask the same question: 'Am I prepared to handle the market conditions?' In Larry Connors', CEO and Founder of TradingMarkets, Short Term Trading Strate ...
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Stock Market Edges: A quantitative guide to developing winning trading strategies

Check out customer reviews Author:Philip Reschke
Format:Kindle eBook
Binding:Kindle Edition
Improve the precision, accuracy and profitability of your stock market trading strategies by leveraging some of the many market edges that successful traders exploit every day. Read this book to learn how to: - Improve the accuracy and profitabilit ...
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Explosive Stock Trading Strategies

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Price:$27.35
New:$25.73 (4)
New:$21.88 (6)
Eligible for FREE Super Saver Shipping
Author:Samir Elias
Binding:Hardcover
Manufacturer:Lovoc Group Inc
Success in trading depends on one's ability to risk their money only on high probability trades. In this book Dr. Samir Elias, author of Generate Thousands in Cash on Your Stocks Before Buying or Selling Them,distills his years of trading experience ...
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Short Term Trading Strategies That Work

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Price:$35.34
New:$30.00 (7)
New:$22.50 (12)
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Author:Larry Connors,Cesar Alvarez
Binding:Hardcover
Manufacturer:TradingMarkets
Market volatility has been at record levels in recent months, leaving every trader and investor to ask the same question: 'Am I prepared to handle the market conditions?' In Larry Connors', CEO and Founder of TradingMarkets, Short Term Trading Strate ...
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Algorithmic Trading and DMA: An introduction to direct access trading strategies

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Author:Barry Johnson
Binding:Paperback
Manufacturer:4Myeloma Press
Algorithmic trading and Direct Market Access (DMA) are important tools helping both buy and sell-side traders to achieve best execution. This book starts from the ground up to provide detailed explanations of both these techniques: An introduction ...
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Friday, August 8, 2014

Weekending Wrap Up Of Forex News

Here is a selection of news articles which may help you to digest that action of the past week and adjust your trading strategies for the coming week.

There is a lot of uncertainty in different markets as tensions appear in parts of the world.

One great thing about the forex markets is that the surprises come often and without much of a warning.





Some of these articles are already close to being updated, forex news is sometimes difficult to keep up with.



.
Dollar Index Drops on Profit Taking and Consolidation — Forex News
http://www.topforexnews.com Fri, 08 Aug 2014 13:08:31 GMT
US dollar index is lower today, thanks in large part to profit taking and consolidation. There is a lot going on right now that should be dollar-positive, and the greenback's recent gains are sufficient reason for a bit of a breather ...
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Weekly CFTC Trader Positioning Data - Forex News, FX News ...
http://www.easyforexnews.net Fri, 08 Aug 2014 23:50:43 GMT
Bearish EUR sentiment is rising and weighing heavily on the near -term outlook for the currency. The net short position is now the largest since mid-2012, standing at -$22bn. It is extended, however the large week-over-week ...
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Loonie Gains Against European Counterparts — Forex News
http://www.topforexnews.com Thu, 07 Aug 2014 13:41:01 GMT
Canadian dollar is heading a little higher this week, gaining ground against European counterparts, thanks in large part to the latest trade surplus data. With the Canadian dollar looking for gains related to its economic ...
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Forex - EUR/USD holds gains in subdued trade - Investing.com
http://news.google.com Fri, 08 Aug 2014 20:52:04 GMT
Forex - EUR/USD holds gains in subdued tradeInvesting.comInvesting.com - The euro remained higher against the U.S. dollar in subdued trade on Friday, as investors continued to monitor developments in Ukraine and Iraq. Forex - EUR/USD holds gains in s ...
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Euro Higher Now, But Likely to Fall Next Week — Forex News
http://www.topforexnews.com Fri, 08 Aug 2014 14:08:47 GMT
Euro is a little bit higher today, logging gains against its major counterparts. However, many think that this is the result of profit-taking, and a bit of readjustment. Expectations are that the 18-nation currency will show weakness ...
Read more ...
Weekly Economic & Financial Commentary - Forex News, FX News ...
http://www.easyforexnews.net Fri, 08 Aug 2014 23:52:56 GMT
Trade Ideas, Forex Signals, Forex Strategies, Forex Rates, Forex Charts, Forex Forecast, Forex Calendar, Forex Analysis, Forex Books, Forex Brokers, Forex Market, Learn Forex, FX Guide, Forex Secret, Currency Report, ...
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We Stay Short EUR/USD - Forex News, FX News, Forex Rates ...
http://www.easyforexnews.net Fri, 08 Aug 2014 12:13:04 GMT
Trade Ideas, Forex Signals, Forex Strategies, Forex Rates, Forex Charts, Forex Forecast, Forex Calendar, Forex Analysis, Forex Books, Forex Brokers, Forex Market, Learn Forex, FX Guide, Forex Secret, Currency Report, ...
Read more ...
FOREX-Yen, Swiss franc advance as global tensions escalate - Reuters
http://news.google.com Fri, 08 Aug 2014 15:09:27 GMT
FOREX-Yen, Swiss franc advance as global tensions escalateReuters... * Move towards safe havens squeezes out euro bears. * Approval of U.S. air strikes dominates market mood. * Dollar hits 2-week low versus safe haven yen (Updates prices, adds commen ...
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Friday Night Look At Random Trading Strategies

This has been quite a week for people and their trading strategies. Stocks have seen some movement as has the forex market.

I like to read about things on the weekend and tonight I have had a look at these articles and thought I would share them with you.

Some of these are current and some are a year or two old, each one has something to add to your knowledge.



Next couple of days will be more updates to the Bill Williams trading system that I am developing in Forex Strategy Builder.

Please be sure to look through these articles.

Enjoy...!!










Algorithmic trading
http://www.slideshare.net 2011-08-17 04:09:02 UTC
Algorithmic trading that is normally used by large banks and financial institutions is now available to the small home-based stock traders. Algo Trading Machine offers this algorithm stock picking program that ensures profitable trading strategies al ...
Read more ...
Forex trading strategies
http://www.slideshare.net 2011-12-06 09:26:55 UTC
The ultimate place to learn top-notch forex trading strategies is Vladimir Ribakov’s forex signals & mentoring community. Visit his site to get private access to matchless coaching & mentoring in a live trading room, daily reviews & weekly webinars.
Read more ...
Algorithmic Trading System Has Signaled US Stock Market Has ...
http://www.safehaven.com Wed, 06 Aug 2014 00:03:45 GMT
The past two years we see the stock market steadily climb with low volatility. All investors and traders have had to do is simply buy the pullbacks within the stock market and riding the market to new highs.
Read more ...
The Perils of Buying Trading Systems | System Trader Success
http://systemtradersuccess.com Mon, 04 Aug 2014 10:00:36 GMT
Ugh. I've done it again. I bought a 'can't miss' trading system I saw on the Internet. What looked so good in the advertisement turned out to look just as bad.
Read more ...
– Developing Robust Trading Systems, with Implications for Position ...
http://www.blueowlpress.com Wed, 25 Apr 2012 22:15:12 GMT
I have written a paper describing an original approach to evaluating the health of a trading system, and an original approach to determining position size based on system health. The technique described: • Is of practical ...
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How to increase your profits with the Blueball Trading System ...
http://www.mql5.com Mon, 28 Jul 2014 08:37:55 GMT
Dear customers, friends and interested traders, today we want to share our Blueball Trading System with you. It combines our five star rated trading tools Analyzer PRO, Lighthouse and...
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Start Simple, Save Money | Great Trading Systems
http://www.greattradingsystems.com Tue, 05 Aug 2014 12:30:17 GMT
That being said, I strongly believe you can minimise the difficult times by not rushing into elaborate trading systems with confusing expert advisors. The best way to start is to start with the basics. That doesn't mean the basics ...
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Day Trading Systems | Ultimate Support and Resistance | Indicator ...
http://indicatorwarehouse.com Thu, 17 Jul 2014 20:46:18 GMT
Maybe you don't want to invest in day trading solution like Diversified Trading Systems (DTS), maybe you have created a day trading system of your own. That's fine, but is there one enhancement you can add to your ...
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Thursday, August 7, 2014

Bill Williams Chaos Trading Strategy Part 4 (automation)

Hopefully this is the post in the series that is going to generate some great interest in the Bill Williams trading strategy.

I will demonstrate how Forex Strategy Builder can take these three indicators, the Alligator, the Awesome Oscillator and the Gator and make them into a trading system that generates some excellent money, fully automated.




I want to show you how this started out and then take you through the progression. First, perhaps notice in this pic the number of variables for the Alligator, each indicator in FSB has a few variables that are used in exploring for a solution to the strategy





This pic shows the starting layout, I started the run with the three indicators and you will notice a little chain link on each of them...., the chain link ensures that those indicators are included in all of the calculations while the variables inside each are combined to create a test trading strategy.


For this task I have been running FSB for a couple hours and it has generated hundreds of trading system solutions, most of them are trash, the system will retain 100 of the best ones for me to examine. Up until now the systems has created close to 400 solutions and done close to 125,000 iterations


Now we can have a look at whatever solutions have been saved and try to determine if any of them are good enough to use as an ea. First we will look at the solutions saved in what is called the repository.



As you will see in the picture below, on the left side are several metrics that we can sort by and on the right side is a listing of the results, in this pic they are sorted by the balance.


By using the sort keys on the left and then examining the resultant list that shows up we can quickly determine if we want to further examine a particular result.


This pic shows that the program added a couple things to achieve the results shown above for the solution that is shaded blue.

I point out that the Out Of Sample for this test is set at 35 % and we can see that there were few good trades in the OOS period, therefore this one will be discarded.

So far we have had a look at the beginning stages of developing this strategy which we are ultimately have trading on a real account. I think you have seen that there can be a lot of possibilities with Mr Williams indicators.

As the generator produces more results and better results I will make another post and we can examine more results.

Stay Tuned.!

Bill Williams Chaos Trading Strategy Part 3


Another part of the Bill Williams  trading system is the Gator which will be one of the lower indicators in your chart.

The Gator Oscillator is, in a way, similar to the Macd, in that it plots the convergence and divergence of the moving averages that form the Alligator lines. It actually demonstrates momentum.

Here are some articles to depict its use.









Gator Oscillator
(Gator)|Forex Indicator MT4|myEAtrade

http://www.myeatrade.com Tue, 26 Mar 2013 08:04:46 GMT
What is Gator Oscillator(Gator) indicator, the instructions of Gator Oscillator(Gator) and how to use the Gator Oscillator(Gator) indicator, the calculation of Gator Oscillator(Gator) and the Gator Oscillator(Gator) indicator main parameters.
Read more ...


Chaos Gator Oscillator - Technical Indicators - Forex Deluxe
http://www.forexdeluxe.com Thu, 23 Nov 2006 18:22:30 GMT
Chaos Gator Oscillator is one forex technical indicator used in forex technical analysis. Chaos Gator consists of 3 changing averages based on the Median Price. Chaos Gator is the most used method of explaining a moving average is the ...
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Gator Oscillator (GO) Indicator | Bill Williams Indicators
http://www.ifcmarkets.com/en/ntx-indicators/gator-oscillator - The Gator Oscillator (GO) is a supplement to the Alligator indicator and is used alongside wit...
Flash Animation
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Gator Oscillator of Bill Williams - Forex Formation
http://forexformation.com Mon, 17 Feb 2014 22:27:44 GMT
Gator Oscillator (gator comes from the word alligator as this animal is used as an analogy to describe the indicator) helps visualize the periods in which the Alligator indicator expands or shrinks. It was developed by Bill ...
Read more ...


The Gator Oscillator – Snapping Up Profitable Trades Effectively ...
http://blog.fxcc.com Tue, 24 Jul 2012 08:31:41 GMT
The Gator Oscillator – Snapping Up Profitable Trades Effectively ... There are trillions of dollars exchanged everyday in the forex market. It isn't likely for any single trader to get his hands on these trillions, but forex traders can ...
Read more ...
042 indicator2 ac gator

Flash Animation
Read more ...


Stay tuned for more articles on this great trading system..!

Wednesday, August 6, 2014

Bill Williams Chaos Trading Strategy Part 2




This is the second article on the Bill Williams 'Trading Chaos' Trading Strategy.

In this one I will present some information on the 'Awesome Oscillator' and its application.

Using  the Awesome Oscillator with the Alligator Indicator can make for the building of a very powerful and yet simple trading system.

 

Sometimes we traders tend to get a little more sophisticated than necessary and complicate our job. Keeping it simple may be a good approach for traders as there are many, many trading instruments that we can be involved with so we can wait for 'right' entry points. Using the Alligator and Awesome Oscillator in combination can be very lucrative as you will see

Ok, lets get into the discussion about the Awesome Oscillator. Have a look at how these people apply the indicator.



Awesome Oscillator (AO)|Forex Indicator MT4|myEAtrade
http://www.myeatrade.com Sun, 08 Jul 2007 21:33:45 GMT
What is Awesome Oscillator (AO) indicator, the instructions of Awesome Oscillator (AO) and how to use the Awesome Oscillator (AO) indicator, the calculation of Awesome Oscillator (AO) and the Awesome Oscillator (AO) indicator main ...
Read more ...


Awesome Oscillator Technical Indicator (AO) - Forex Trade Tips
http://4xtradeinfo.blogspot.com Wed, 23 Sep 2009 07:00:00 GMT
Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the middle points of the bars (H+L)/2, which is subtracted from the 5-period simple moving average, built across the central points of the bars ...
Read more ...


Forex Trading Guidance: Awesome Oscillator - AO
http://fxobserver.blogspot.com Thu, 10 Jun 2010 07:31:44 GMT
Indicator which is able to show what is happening with driving force of the market is technical indicator of Bill Williams Awesome Oscillator, AO. Indicator components: 34-period simple moving average constructed by the middle bar points ...
Read more ...


This article introduces 'The Wise Men'
Wisdom is Profit: The Three Wise Men and the Alligator
http://wisdomisprofit.blogspot.com Sat, 28 Nov 2009 00:04:00 GMT
The Three Wise Men. Now onto the entry rules, i.e. the Three Wise Men. In order to understand them, you must have the following indicators on your charts: Alligator (as described above); Awesome Oscillator (details below)
Read more ...


Indicator Forex Download: Chaos Trading System by Bill Williams
http://forex-indicator-macd.blogspot.com Sat, 24 Dec 2011 15:51:43 GMT
If a sell fractal is below the Alligator's Teeth (red line) SELL STOP one point below the LOW of fractal candle. Awesome Oscillator (AO) Chaos Trading System by Bill Williams Awesome Oscillator (AO) Overview Awesome Oscillator (AO) ...
Read more ...



Some videos to see how  the Awesome Oscillator can be applied  in your trading strategy.


Awesome Indicator showing real profits in real time video. Must watch
http://4xsignal.com - Get the best Forex Signals for free .
Flash Animation
Read more ...



022 awesome oscillator

Flash Animation
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This is the second of a series of articles about the 'Trading Chaos' system developed by Bill Williams. There will be more.

Stay tuned.!