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El Donchian channel is a technical indicator trend type represented as a dynamic market price channel based on price movements.
The Donchian channel is a technical indicator, as it is part of the technical analysis. In addition, it is a trend indicator because it aims to identify which is the main market trend. And, its graphic representation is as a dynamic channel. What does dynamic mean? That is a channel that changes as the price moves. Its appearance is as follows:
Chinese Vice Premier Liu He said Friday that Beijing will work with the United States to address the concerns of both sides, and that it would be good to stop the trade war for its own interests and those of the entire world.
Liu He also announced that it will allow Chinese investors to have direct access to Hong Kong shares. The new measure will take effect from October 28 and could be very positive for Asian stock markets.
The president of the United States, Donald Trump, said he believes that a trade agreement between the United States and China will be signed when the Asia-Pacific Economic Cooperation meetings in Chile are held, which will take place on the 16th and 17th of November.
One of the most useful chart price patterns in trading is the the cup and handle pattern. It does not appear very often in the Forex market but when it appears the chances of a good entry are very large. As with many chart patterns, its use is recommended mainly in long-term graphics and not so much in short-term time frames. The cup and handle formation consists of two parts. The first part is a low U-shaped formation that forms the “cup.” After the cup a consolidation period appears that forms the handle, the handle of the cup.
The Forex and CFD broker FXPrimus (regulated by organizations such as CySEC) organizes a trading tournament for real accounts that takes place every month and offers interesting prizes to the winners in three different categories. This contest is called the “Top Trader Challenge” and will be held from mid-2019 to mid-2020. At the end of the competition, FXPrimus will conduct a raffle among all winners of the previous rounds, where prizes such as a private jet ride and a BMW X1 sDrive 20i Sport will be raffled.
In this contest all clients of this broker, both new and existing, who open a real trading account and deposit at least $100 USD can participate.
The Calmar Ratio is an indicator that is designed to measure and compare the performance of an investment portfolio or trading system.
The interesting thing about this ratio is that it summarizes how the profitability of the period has been with respect to the assumed risk.
Although it is a less known indicator than the Sharpe ratio, the Calmar ratio is currently widely used in the financial industry. It was first published in 1991 in the Futures magazine and was developed by Terry W. Young; precisely its name comes from the acronym formed from the name of the newsletter that the author sent to his clients, called CALifornia Managed Accounts Report. The Calmar ratio is defined as the ratio between the annualized profitability of the system and its maximum drawdown in absolute value.
Stock markets are trading aimlessly on Monday after macro data showed that the US unemployment rate fell to its lowest level in almost 50 years, easing fears of a slowdown in the world’s largest economy.
Wall Street optimistically celebrated the latest monthly employment report in the US, after learning that 136,000 jobs had been created in September, and that the unemployment rate fell to 3.5%, its lowest level since December 1969.
The employment report last Friday was strong enough to mitigate fears of a recession, but kept alive the hope that the Federal Reserve will remain firm in its stance to cut interest rates at the end of the month.
The events and economic news bring strong movements in the financial markets at the time of publication. In this article we will explain all the keys to trade these scenarios successfully.
It is possible that more than once we have suffered the consequences of economic or political events with an open position. In such situations we observe how the market, suddenly, takes a strong impulse and sometimes advances in our favor and others against us.
There is no doubt, before and after the publication of an economic news the market reacts, and in many occasions in a very violent and unpredictable way. If you do not know how to handle these situations well, it is possible that you make the wrong decisions, those that inevitably lead to loss.
The objective of this article is precisely to learn how to improve your trading during these situations and try, with success, to trade with economic news. Being in a position to be able to make the appropriate decisions when important economic events are published, so that we can take advantage of the high volatility that occurs.
The trading system that we are going to present below is based on the use of two RSIs, as the name implies, specifically the crossings of two RSIs with different periods (One with a short period and the other with a longer period). As a filter of the signals generated by the crossings, the Fisher indicator is used, which allows having more reliable trading signals, since RSI crossings under certain market conditions can generate false signals and losses that could be avoided with the right filter.
The system itself is not complex. Long positions are opened at the RSI bullish crosses and short positions at the RSI bearish crosses. The Fisher indicator is used as a tool to confirm the different signals.
As always, it is recommended to test the system in a demo account before using it to trade with real money.
The NR4/IB trading strategy is an intraday trading system which was developed by the traders Lawrence A. Connors and Linda Bradford Raschke and presented in their book “Street Smarts“. The meaning of the letters NR4/IB is “Narrow Range Bar 4Bar/Inside” and each time this pattern is detected there is a high probability that the market will produce a strong movement after the breakup of the formation. This pattern consists of a series of four bars or candles in which the fourth candle has two very important conditions:
Investor sentiment remains fragile due to riots in Hong Kong, tensions in the Middle East and concerns over trade negotiations between the United States and China.
The US trade representative, Robert Lighthizer, said over the weekend that the two days of talks with China were productive, while the Chinese Ministry of Commerce described the talks as constructive and noted that they had made concrete agreements to move forward in the October high-level talks.
The United States eliminated tariffs on more than 400 Chinese products in response to requests made by several US companies. But investor sentiment was affected upon learning that Chinese officials unexpectedly canceled their visit to US farms scheduled for this week.