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I just went through some studies about market price determinations. Just thinking about one thing which is... The size of market-overshootings, as stated by the studies, is determined by the level of the risk the market makers are willing to take, r…
Daniel Stasziek posted a video
This interview definitely deserves more views. Funny stuff and still very educational =)) Enjoy watching guys.
Aug 21
Daniel Stasziek posted a blog post
BTC/USD is currently testing its 2 months lows. There are as always, three possibilities. Either it will go up, down or sideways. For now, let's think about the two, up and down.
Boucing off and holding important level of $6,000 seems like we can ho…
Aug 20
Daniel Stasziek left a comment for Kalm&Kollective Kee
"Welcome to Forexmosphere =)) How's your tradin?=))"
Aug 19
Daniel Stasziek commented on Holmes's video
"Donald <3"
Aug 19
Daniel Stasziek posted a video
Aug 19
Daniel Stasziek left a comment for Danita
"Welcome to forexmosphere Danita =)"
May 14
Daniel Stasziek commented on pixta's blog post Simple Forex
"hey Pixta, there is nice carry trade on EURUSD as well as USDJPY, so from that point of view, medium-term down respectively up for USDJPY. What do you think?"
May 13
Daniel Stasziek commented on Daniel Stasziek's blog post Daniel's FX Trading
"Entered AUDCHF long at the daily high, hold onto your hat getlemen.
spoiler: it refused the high quickly, but let's wait and see =))"
Apr 27
Daniel Stasziek commented on Daniel Stasziek's blog post Daniel's FX Trading
"Hopefully it stays above the green trendline. Otherwise, I smell the SL on BE will be hit or ISSL.

 "
Apr 25
Daniel Stasziek commented on Daniel Stasziek's blog post Daniel's FX Trading
"We headed into R, London open just behind the corner and so being very careful =)"
Apr 25
Daniel Stasziek commented on Sir Gissachance's video
"So cool man. And GJ beating Stig in the 911"
Apr 25
Daniel Stasziek commented on Daniel Stasziek's blog post Daniel's FX Trading
"So I am in this USDCAD since morning, mby bad pair to enter at this time of day, but seen a signal, so entered. Mby some H&S against me will get printed, if so I will be out like a rocket."
Apr 25
Daniel Stasziek commented on Daniel Stasziek's blog post Daniel's FX Trading
"SNB I meant, SNB keeps intervening, hehe
 "
Apr 20
Daniel Stasziek commented on Daniel Stasziek's blog post Daniel's FX Trading
"yes  :'("
Apr 20
Daniel Stasziek commented on Daniel Stasziek's blog post Daniel's FX Trading
"CHFJPY below 110.65 would be a signal to short, but I don't like trading the CHF at this time of day so still sitting on hands for 3 hours already."
Apr 20
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DISCUSSIONS

What is Technical Analysis?

It is always good to go through the basics and review how your views has changed over time. At the very beginning of my trading journey, technical analysis was something I could not even grasp. After few years I was acting like a scientist and trying to make a science of it. And few years ago I got back to the very basic view, which is from my point of view a very reasonable and is exactly what technical analysis is all about. So What is Technical Analysis? Analysis of supply and demand What…

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The Algo Corner

Hi all, I don't have much time to trade over the year. Luckily I passed several courses that should help me to build an algos of my trading strategies and also to easily find an edge (if there is any). I am going to work with Matlab and C languague. Would like to share most of my work with all of you. And any feedback , ideas, thoughts would be awesome. In the first month of my summer break, I will aim at strategies using higher time-frames, using the 1Minute data, so the result of its trading…

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FRIENDS (9)

  • crybaby

    price action

  • Tokyo Joe

    Intraday, Scalping, Swing and Trend Trader

  • Brian Antezana

    Learning

  • SFX

    Technical

  • Viktor

    price action, support resistance, trendlines

  • johnradical

    Scalper

  • Forexmospherian

    Forex, Intraday, Linear Regression, Scalping Technique. Previous Contributor and FX Blogger at ForexStreet and Most Popular Threads in the History of Trade2Win

  • Holmes

    Scalp - Swing - Trend

  • Sir Gissachance

    The Trader - Daily through to 0.05 Second Time Frame using JBCB, CBA and FPA. Scalp, Swing, Position. Chart Patterns, Geometry and Multiple Time Frame Technical Analysis. Tabling Forexmospherian Currency Kraken for 71 Pairs. The Posts and Videos uploaded are my own views on Trading the Forex Markets. Trading is about you and nobody else so always managed your own risk and take time to learn a suitable Trading strategy.

GROUPS

BLOG

Bitcoin And Its Crossroad

BTC/USD is currently testing its 2 months lows. There are as always, three possibilities. Either it will go up, down or sideways. For now, let's think about the two, up and down.

Boucing off and holding important level of $6,000 seems like we can hold it for longer. Important to note that this level has also been refused several times. Should therefore be the HODLERs happy with the current situtation? No. The trend is still pointing down and if we can break the $6,000 level, it will get worse and leveraged people shorting this market at BitMEX, Kraken and other exchanges allowing either short or short-sell will definitely decimate your long positions.

Needless to say, this level is not just Bitcoin crossroad, it is a crossroad for all altcoins as their returns against fiat currencies are highly correlated to what happens on this lovely BTC/USD pair.

 …

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Daniel's FX Trading

There is probably an issue with photo posts as they do not display in activity feed, so I will use this blog for that purpose ;)

I entered two trades today on GBPCAD and AUDCAD. The plan was to cover some previous days loosing trades and so I cashed in too early.

GBPCAD - long

 

AUDCAD - long

If you want to know more about the strategy used, you have to sign in and talk to any forexmospherian…

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Trading Day Recap - Feb 8

2 entries.

Gain:  ~$0

EURCAD

Price broke 1.54 and I saw bears with a great power. NY open turned over the market and so SL was hit.

NZDJPY

Price turned back under 79. New lows were printed in an overall downtrend and so why not to sell. I must say I cashed nicely yesterday on this pair entering at almsot the same time. So will try again tomorrow :D Final RRR 1:1.

Trades

If you wanted to see my recap of trades. I can post them everyday. Or just jump in the chat and we can talk about those…

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Recently I've got back to one great book about Modelling and Simulations I read few years back. There is a basic model for economics mentioned, the Pólya urn model. It reminds me nothing but our lovely financial markets we trade everyday.

How does Pólya urn model work?

"objects are represented as colored balls in an urn. In the basic Pólya urn model, the urn contains x white and y black balls; one ball is drawn randomly from the urn and its color observed; it is then returned in the urn, and an additional ball of the same color is added to the urn, and the selection process is repeated. Questions of interest are the evolution of the urn population and the sequence of colors of the balls drawn out."…

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Forex Platforms - Keyboard Shortcuts

 

Presenting keyboard shortcuts which I find extremely useful in charting forex markets. Keyboard shortcuts will especially help in making trading alot faster, so why not begin to learn them all which enables extra speed putting a trader in front of trading competitors? (:

Oanda's fxTrade

Provided by www.oanda.com. It is easy to see most of the traders around Forexmospherians.com trading forum using these tools. The most useful of all and used all the time by myself are marked in the red rectangle in the photo below.

  

 ……

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Rigged Crypto Market

Wash trading, tape painting, spoofing, pump and dump.

There have been so many people sentenced for these activities. Despite the fact they know it is illegal they keep trying.

Now let's imagine you are one of the people who want to make big money in the market, you can try one of the activity mentioned above, but you are facing the risk of going to jail. Well it does not sound so cool anymore, right? But wait... What if there was some kind of unregulated market with big cap and liquidity?

Aaaaand there is one =) In my personal view, all the market fraudsters are already there, rigging the crypto market with…

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EURPLN || trading in November 2017

Few charts for this pair which deserves an attention. Also combined with Kraken and other oracles, could bring some pips. ^.^

Firstly the fork pointing down.

Then 1D breaking lower and lower.

Same elsewhere.

And then, hard to say at this moment whether it is an accumulation zone under contruction.

And then some PA on the same chart. Whispering lower after breaking the…

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We have witness a really strong bull market for EURUSD so far this year. So in my view, the market has just reached the 1st half of a bigger move upwards. The market currently refused 1.2 with Head and Shoulders chart pattern, so it is more than likely that some shorting EURUSD is ahead, but caution is required as all market sentiment can revert back to the bull market at anytime.

A strong argument for EURUSD long as described in my comments to Pixta's photo post is also supported from the idea that Trump with Mnuchin want to see weaker USD, because of the US based companies' competitiveness. US Treasury Secretary Steven Mnuchin said moments ago on CNBC that "having a weaker dollar is somewhat better for trade".

In this context Trump said to Germany in May: "If you want to build cars in the world, then I wish…

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Image result for BIG BANKS

First of all I would like to recommend a great document out there - "DB Guide to Exchange-Rate Determination" which was written by Deutsche Bank in 2002 and is overfilled with FX rate determination, forecasting methods which can be used for all short term, mid-term and long term trading. If you haven't read it, look for it, download to your Kindle and take the time. It is worth reviewing. :)

In the documents several FX trading strategies are described with reference to many academical papers and literature. One of them - the Forward-Rate Bias strategy. Its results are stunning for longer term FX trading and its sharp ratio has beaten the S&P500 twice. As the DB says: "This is the bedrock of Deustche Banks's Forward-Rate Bias trading…

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Recently I was thinking about how to make my trading better - how to increase the odds more. Thinking about many successful traders from the history, they used yet different kinds of a Market Cycle Theory. The need for such a theory arised from their own trading experince and so why not to use one for our own wealth creation? What theories are there and which of them can trader use for trading? Keep reading and you will find…

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