Category Archives: Trading

Bitcoin is ‘the biggest bubble in human history,’ Roubini says

Bitcoin is ‘the biggest bubble in human history,’ Roubini says

It drops and people are freaking out as it drops:

Bitcoin is ‘the biggest bubble in human history,’ Roubini says as currency plummets below $8,000

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GOLDMAN SACHS: Best time in a decade to invest in commodities

GOLDMAN SACHS: Best time in a decade to invest in commodities

They say it is cheap and will have higher demand. All from Goldman Sachs

Highlights:

  • It’s the best time in a decade to invest in commodities, according to Goldman Sachs.
  • The firm raised their six-month price targets on Brent crude oil and copper amid less supply, more demand, and lower inventories.
  • Their bullish outlook accounts for last year’s rally, which has helped producers clean up their balance sheets and invest in future growth.

https://amp.businessinsider.com/commodities-investing-goldman-top-trade-2018-2

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Williams % and Stochastics most reliable Matlab technical indicator

 

Williams % and Stochastics is most reliable Matlab technical indicator as picked by this pro software company

Williams % and Stochastics most reliable indicator for low time frame forex trading

I refer to the Matlab Technical Analysis for best indicators they would recommend

There are other ones with references found here.

http://quantlabs.net/blog/2018/02/williams-stochastics-reliable-indicator-low-time-frame-forex-trading/

I decided to refer to the Matlab Technical Analysis toolbox for which might be considered some of the really reliable indicators. As revealed in the video, it was shown how the one I was relying on (regression) was just too choppy which threw off my strategy closing on exit. As this video shows, I try a variety of indicators to see which ones ‘visually’ made sense with no latency on the pricing direction. In other words, could the indicator keep up with fast moving price changes at low time frames? The video shows what I found.

As a result, I may scrap this strategy to try another approach starting next week. Yes, nearly 2 months were wasted but I have definitely found my techniques to properly assess a trading strategy potential under development. This means no time was ever wasted at all as I gathered some precious skills that I am sure any unprofitable retail traders will argue.

As always, you kind my two courses listed below that helped me get to this point using Dukascopy Jforex.

Thanks Bryan

P.S. More technical indicators will be used testing with results to come soon!

Big whale profit algo automated forex trading lesson

Bollinger Bands usage vs moving average for forex trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Meetup Jan 15: Trading results with systematic process

I have a question for you: What are your trading results looking like for 2018? First off, an apology over the horrible jargon typing from the world’s worst typist. This was concocted in a severe hurry but hopefully you will enjoy this twisted jargon that follows:

What are your trading results looking like for 2018? I have scheduled another Meetup online for this Monday (as in 2 days). I wanted to talk about lessons learned about my current strategy for doing automated forex trading. There was lots to learn before I think I am getting not just winning trades but bug results. I am willing to talk about the psyche of trading when human greed kicks in versus following computer code logic. This is a tough battle to overcome but I think this is an important discussion to understand the psyche of this.

After talking to dozen upon dozens of retail traders who do and rely on technical analysis and indicators have their heads literally poisoned with negative propaganda that negates their trading results. I have fallen for that in so many ways in the last few weeks. Let’s address that if you ever want to transform yourself into having an automated or algorithmic or systematic trading setup.

More traps are laid out one must overcome with this notion of over-engineering their strategies with all these complicated indicators hoping that the moon will provide 5 Elliot waves to give them mercy in lucrative riches. Or how about those Fibonacci retracement levels that for some reason never work out. Seriously, if you believe in that, you will be putting these thoughts into the top 3 remorses of your life while you sit on your death bed.

One thing I found, simplicity and math is the key to all your ills. Also, you need to ensure you have a decent reliable broker who is not going to kick you of your profitable runs just before it hits that stop loss. I hear these stories weekly because of the corrupt brokers they choose.

As you can tell, there is lots to discuss this Monday at 7PM EDT so let’s set it up shall we?

Bryan Downing is inviting you to a scheduled Zoom meeting.

Topic: Bryan Downing’s Systematic Trading Results

Time: Jan 15, 2018 2:00 PM America/Toronto

Join from PC, Mac, Linux, iOS or Android: https://zoom.us/j/788140615

Or iPhone one-tap :

US: +16699006833,,788140615# or +16465588656,,788140615#

Or Telephone:

Dial(for higher quality, dial a number based on your current location):

US: +1 669 900 6833 or +1 646 558 8656

Meeting ID: 788 140 615

International numbers available: https://zoom.us/zoomconference?m=WMi7HozrCPZBMZrO8xu4mwi9LJzGp-_v

 

Minimize loss with linear regression for algo forex trading

Video courses on Interactive Brokers and Dukascopy forex automated trading

Questions and answers new to forex trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Quant fund investment and financial near 1 trillion under management

Quant fund investment and financial near 1 trillion under management

Understand how quant funds are changing how we see the future of investing and taking financial advise.

Here are some highlighted comments about this article from Financial Times:

 

They speak of how algos make the markets complex and fragile

More unsophisticated (dumb money or even retail money) flows into electric traded funds without understanding underlying investment nor know the high risk. These are put into mainstream ETF funds like Vanguard or Blackrock. Could this be the next 2008 waiting to blow up?

Examples of Two Sigma is used to show short time to get to 50 billion asset under management like Renaissance Technology or DE Shaw.

One French was quoted as doubling their staff within 5 years while other old investment banks are shedding traditional trading roles. Remember how Goldman Sachs is considered now a technology company vs an investment bank with 30+% of staff as software engineers.

Quoting directly from Financial Times results in:

Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/content/ff7528bc-ec16-11e7-8713-513b1d7ca85a

 

https://www.ft.com/content/ff7528bc-ec16-11e7-8713-513b1d7ca85a

A deep learning framework for financial time series using stacked autoencoders and long-short term memory

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Tesla Model3 deliveries fall short Malaysia strong and best performing global market asset

Tesla Model3 deliveries fall short Malaysia strong and best performing global market asset

Links include these

https://www.cnbc.com/2018/01/03/tesla-q4-2017-production-and-delivery-numbers.html

http://fingfx.thomsonreuters.com/gfx/mkt/3/1008/1005/DataStream-Chart.htm

What to expect in 2018?

These type of analysis reports are reserved for my Elite members which is behind a paywall but i am testing out a backend for Search engine optimization purposes with a video attached.

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Does MIFID II prevent small hedge fund taking external capital

Does MIFID II prevent small hedge fund taking manager external capital

Concerns and issues:

http://www.tradersmagazine.com/news/regulation/mifid-ii-regulation-undermine-investment-boutiques-managers-117035-1.html?ET=tradersmagazine:e3482:1189470a:&st=email

Up potential:

2% of $30M is $600k, thats needed nowadays, office, staff of four and accountants, lawyers, auditors, custodian

internet firewall, humidity, fake software/hardware, corrupt cables, landlord access to server

and guarantee products, investors are used to the downside protection

in china you have to guarantee no losses

easier to sue thanks to MIFID

100B fund or large trading desk of some major oil corporation

fixed operation expense annually could be $1m with legal

small investor <1M not worth since they can sue easier for loss, some get together for potential class action and more frequent

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Bullish signs define new capitalism of NEW capital flow

Here are the latest bullish reporting signs of how things have progressed through the year and well into next:

 

ETFs now a new way to measure capital flow vs futures/options which is losing significance to new competition

https://amp.ft.com/content/83b26c8c-d42c-11e7-a303-9060cb1e5f44

CME and CBOE is now legitimizing Bitcoin as a new asset class. They only use the exchanges but use them  as the underlying but the capital for these future contracts on flow around these products. It will link them but not dollar wise. It is another reason to no go full gusto on the directive products since they are not backed by real $ only momentum of what is listed in the crypto exchanges.

https://www.cnbc.com/amp/2017/12/04/cboe-announces-it-will-launch-bitcoin-futures-on-dec-10.html

Will energy be the place to be next year?

http://stockcharts.com/articles/chartwatchers/2017/12/energy-etfs-triggering-bullish-signals.html

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Check exit on ask or bid during bar event in algo trading 

Check exit on ask or bid during bar event in algo trading

Question for someone in my Telegram group but this is a influential person so thanks to them

When I check for an exit, I am using bar events (onBar) for each FX pair.

When I check for price action on the price, should I be using ask bar or bid bar close? Or should I use the corresponding mid point of the ask or bid bar?
https://www.dukascopy.com/client/javadoc/com/dukascopy/api/IStrategy.html
Answer was:
You buy at the ask and sell at the bid, so the most natural way to handle it is to exit long trades at the bid, and exit short trades at the ask. Alternatively you can use the mid price, but it is really just a matter of preference.
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!