Tuesday, June 25, 2013

Social Investment Network in your language

On eToro social Investment Network trading platform is the language in English; if you are from a different country like a German speaking country or Italy, Spain, France etc. and would like the trading platform in your own language watch the video from Etoro.

The video is in German but easy to understand as the changes in the language setting is well illustrated.  



Monday, June 24, 2013

Chart Pattern: Pipe Top and Pipe Bottom

In earlier posts I have written about chart pattern; the posts are


In this post is the pipe top and pipe bottom illustrated. It is a pattern that gives the traders an indication of in which direction the price is moving in.

Pipe top
The pip top pattern is a pattern that ends in a top and then starts to fall; the image illustrates a bullish trend; the pattern ends with two candlesticks; when the lowest of the two lows ends the price is expected to fall.


Pipe bottom
The pip bottom pattern is a pattern that ends in a bottom and then starts to rise; the image illustrates a bearish trend; the pattern ends with two candlesticks; when the highest of the two highs ends the price is expected to rise.
 
Note
In the post is the term bullish and bearish used; a bullish market is when the price is rising and a bearish market is when a price is falling.

In the post is also the term candlestick used; more information about what a candlestick is in the article “Trading Forex Online? What Is a Candlestick Chart and How to Read a Candlestick Chart?

Success Stories: Social Investment Network

In earlier posts I have written about social Investment network in this video from eToro are two success stories from the social trading platform; in the anchor text to the video is written “…in this short video we give you 2 examples who have experienced success by socializing their trading skills and communicating with all their copiers…..”


More information about eToro Social Investment network is on my website with links to the trading platform; click here and visit my website.

Tuesday, June 18, 2013

Forex Trading: Parabolic SAR Stop and Reverse Technical Indicator

An indicator on the trading platforms like PLUS500 is Parabolic SAR; it is an indicator that is useful in a trend-following market and best if the investment is a long term investment.

The Parabolic SAR indicator can not stand alone as a basis for a decision.

Parabolic SAR stands for stop and reverse as the indicator provide the traders with information about the trend direction; is the trend bearish is the indicator line above the price line and if the market is bullish is the indicator line below the price line.

The image illustrates the price line and the parabolic SAR indicator.


More about parabolic SAR

In the article is written that it is important testing the indicators to improve and find the right trading tools; just to make it easier to understand how a test could look like is a visualisation of a test in the table below.


More information on how to test a trading strategy is in the article Forex Online Trading? How To Test a ForexTrading Strategy.


Monday, June 17, 2013

Chart Pattern: Double Top and Double Bottom

In previous posts I have written about chart pattern; in this post is the double top and double bottom illustrated. The patterns are common patterns.

In general about pattern
Looking at the charts give the traders’ information in which direction the chart is moving in.

If the price increases to a level and falls to a lower level and start again to rise to a higher level; the trader expects the price to fall when the price reaches a certain level.

Reverse are the traders expecting the price to rise if the price level is falling to a certain level and rising to a higher level and falling to a certain level.

The traders have also information about how much they expect the price to fall and rise if the patterns are a described.

Double top
The double top pattern is when the price move’s from a lower point to a higher point and reverses to a lower point and starts to rise and fall as the image illustrates; the pattern is first ended when the price reaches point E.

The traders expect as a minimum the price will fall the difference between D and E as the image illustrates.    

Double bottom
The double bottom pattern is when the price move’s from a higher point to a lower point and reverses to a higher point and starts to fall and rise as the image illustrates; the pattern is first ended when the price reaches point E.

The traders expect as a minimum the price will increase the difference between D and E as the image illustrates.    


Thursday, June 13, 2013

What Is the Difference Between Fundamental and Technical Analysis?

In an earlier posts I have written about my article base; in this post is a link to the article “What Is the Difference Between Fundamental and Technical Analysis?”;

The article gives a short decription of the differnces between fundamental and technical analysis; the link to the article is here .


Wednesday, June 12, 2013

Chart Pattern: The Triangle Pattern

In earlier posts is the diamond chart pattern and the head and shoulder pattern illustrated; in this post is the illustration the triangle pattern.

The triangle pattern
The triangle pattern consists of a support and resistance line; between the two lines are the price line; the line is moving upwards and downwards in a pattern.

If the price development is a triangle pattern the price development will end in a triangle as the images show.

The triangle pattern has different looks depending on the price development.

The ascending triangle
The triangle is called ascending as the price development is rising; the resistance line is flat and the support line is upwards; if the price line is as illustrated the most likely breakout is an uptrend.

The descending triangle
The triangle is called descending as the price development is falling; the resistance line is downwards and the support line is flat; if the price line is as illustrated the most likely breakout is a downtrend.


The symmetrical triangle
The triangle is called symmetrical as the price development is getting symmetrical smaller; the resistance line is downwards and the support line is upwards; if the price line is as illustrated the most likely breakout is almost equal between an uptrend or a downtrend.  

Video illustrating the Triangle pattern
I was on YouTube and found a fellow explaining the Triangle pattern; he also gives some percents of how likely the breakout patterns are.



Friday, June 7, 2013

Chart Pattern: Diamond Bottom and Top Chart Pattern

Earlier I have written about the head and shoulder chart pattern in the post “Trading the Crown or trading head and shoulders

In this post is the Diamond chart pattern illustrated; the pattern consists of a diamond as the image illustrates and is divided into a bottom and a top chart pattern.

The diamond pattern could give the traders a hint in which direction the price is moving in as it seems like there is a pattern in which direction a breakout moves in after a diamond price movement; just remember that it is the most likely direction it is not sure the price moves in this direction.

Diamond Bottom and Top Chart Pattern

I was on YouTube and found a fellow explaining the diamond pattern; he also gives some percents of how likely the breakout patterns are.





Wednesday, June 5, 2013

How to find Trading Information on Twitter about Fundamental and technical analyses, Range Trading and Currency pairs?

In the last year I have been written an amount of articles about forex trading; one of the think that have my interest is how to find the trading information and how to find it as easy as possible.

On my article base I have written an article with the title “How to find trading information”; the mindset in the article is on how to find trading information on Twitter; my focus is on how to find information about "Fundamental and technical analyses", "Range Trading" and "Currency pairs”.

Link to the article “Trading Forex Online? How to find Trading Information?

Link to 36 articles about Forex trading


Monday, June 3, 2013

Social Trading: A new Emerging Phenomenon?

In earlier posts I have been writing about Social Investment Networks also called Social Trading; I have also been written about Social Trading in the articles


I was on eToro’s website; eToro is the largest social investment network in the world; they have had more than 50 millions trades on their trading platform; out of the 50 million trades were 32 million copy trades which are 64 percent of their total trades.

A copy trade is a trade made by a trader; the position is then copied by others.



Saturday, June 1, 2013

Daytrading: 20 Tipps, die ein Daytrader erfolgreich machen

Ich war auf YouTube und habe ein Video gefunden. In das Video sind 20 Tipps dass ein Daytrader erfolgreich macht.


Inhalt des Videos ist
  • 0:00 Daytrading – vor und nachteile 
  • 9:17 Schütze dein Kapital 
  • 12:09 Trade nie Planlos
  • 13:30 Öffne nicht zu viele Positionen Gleichzeitig 
  • 15:27 Lass Gewinner laufen 
  • 17:17 Trade mit auchreichend Kapital
  • 22.00 Bilde dich weiter 
  • 26:15 Führe eine Trading-Tagebuch
  • 28:10 Nutze eine Demokonto
  • 30:15 Trade keine zu große Position 
  • 32:10 The trend is your freind
  • 33:50 Sei nicht gierig
  • 35:02 Lass dich nicht frusten 
  • 36:05 Werden nicht zornig
  • 37:41 Sorge für Ausgleich 
  • 38:33 Sei flexible 
  •              41:14 DAX vs. WTI Oil
  • 44:03 Verlassen dich nicht blind auf die TA
  •              45:54 Birger Schäfermeier zur TA
  • 46:56 Achte auf Korrelationen
  • 48:06 Achte auf Wirtschafkalender   
  • 48:53 Kündige nicht einfach deinen Job
  • 50:55 Behalten den spaß an Traden  
Note: This post is in German as the video in this post is in German.