![]() | submitted by Wetalktrade to u/Wetalktrade [link] [comments] |
![]() | submitted by lifealumni to Forex [link] [comments] https://preview.redd.it/e5n8a9bpggw51.png?width=1644&format=png&auto=webp&s=b55191100dbdb9fda112c2c0dfc5871ff50aafd0 I see a lot of people posting one-off trades on this subreddit, which aren't really representative of much in Forex. So I am posting a month of performance data, in the hopes that others do the same to start a discussion around longer-term performance.
How has October been for you? How many trades did you take? What's your performance like? What do you think of my performance? (I know the equity curve sucks but *shrug* I'm fine with it) |
![]() | Reddit peps, I have a confession. Over the last while I've been kinda fudging results of trades tracked to give the appearance of worse performance than is actually achieved. Here's why. submitted by 2020sbear to u/2020sbear [link] [comments] See, I've wanted for such a long time to bring out the honesty in those who put so much effort into slandering me here on Reddit. To give them the opportunity to track results that are transparent and post them. It'd let them do what they claim, which is to show people the truth of my trading results. They've been very resistant to this. First I tried to do it in the fairest and most objective way lettting them have demo accounts under their control that I could not manipulate and just copy over trades to them. I offered full access to my accounts and my only condition was that they share the resuts. I tried a few variations of this and it didn't work. So I moved onto less conventional ideas. I started to set up accounts, link tracking and then bomb them (Or part bomb them and stop updating results and try to recoup some of my losses on the bigger ones). My theory was if I bomb a few accounts, they'll then post the links. These are "hot links" and I can change the accounts attached. So I'd let them post some links and then add some accounts to trade properly. Then either they can have the links they posted showing the truth (Thier stated goal) or they can delete the links when the trades are shown to be profitable and .. well, we get the truth one way or the other. It's my theory most of the posts making dubious claim about me a) Come from one person. b) Come from someone who would not embrace an honest test. I've positioned to test this. The other day I got what I was waiting for. They posted the links from one of the more active of the alt accounts they use. https://preview.redd.it/gf1xvhep18v51.png?width=596&format=png&auto=webp&s=83e48504f5b2b2e5f639265e0680532ac36508d0 Here is the link to this. It is currently up. If it is not there when you click it. "Deleted by user", that's the truth for you. https://www.reddit.com/SPXsignals/comments/ja8mug/rspxsignals_lounge/ Once this step was done I turned back on the comments on my posts. I needed a litte more and for me to get that I needed to get some comments on the go. Predicably enough, along comes an alt. A new one this time. This alt tells me they have nothing to do with the poster in the image above. https://preview.redd.it/c0fjuxk928v51.png?width=595&format=png&auto=webp&s=759504d263885b30506008c092c454ca8d006057 Then alt 2 made the same post on a thread I made and then everything was set. Time to break cover. https://preview.redd.it/zcuybvjm68v51.png?width=510&format=png&auto=webp&s=c74a28f1e06fdd547a624baed926331440cfa460 https://preview.redd.it/4s18lnep28v51.png?width=501&format=png&auto=webp&s=3c1ce47556d8c65363243fc4ff9683a0125aa28f Within 10 seconds of me posting this, the comment was deleted. That's why I took screenshots before I said it. Then our fresh faced alt steps up with the copy and paste of the exact same post. Link is currently live. I won't delete it, we'll see if it stays there. https://www.reddit.com/use2020sbeacomments/jh7npb/telegram_channels/g9yqq12/?utm_source=reddit&utm_medium=web2x&context=3 https://preview.redd.it/2ft4tai038v51.png?width=567&format=png&auto=webp&s=2fc4866290d4cfe88b99bc0d30bb08f3e696b1eb I'll let you draw your own conclusions on all of that. Here were the last updated results of the linked acounts. This was what it took to get them to post the links. https://preview.redd.it/4c8ng0ng38v51.png?width=843&format=png&auto=webp&s=c071b33d7cf128e34b6d876a3d38bd8590bb0f4c https://preview.redd.it/002mow8j38v51.png?width=809&format=png&auto=webp&s=6a6125d2e0cafe2cd4361b0ac984e0954726e2a7 https://preview.redd.it/kry2jacq38v51.png?width=820&format=png&auto=webp&s=bfaeef81dc13ddf019dec2c5c2eca79bbb7472c3 https://preview.redd.it/x0eyhh6x38v51.png?width=838&format=png&auto=webp&s=760e067a8ab477207cf0d692eb3e50e3933a5c37 Here are the applicable lnks;
I'll leave these as they are for a little while (About 12 hours from now). If you check the trade history of these accounts vrs my posting history you'll see none of the losses made were from trades I posted. Actually sometimes I inverted the trades I posted to generate losses. You can see this in the "History" tab and of course you know how to see my Reddit posts. Heading into Monday I will attach new accounts to this and we can then run phase two of the test. I could just upload accounts already running and proftable to this, but I think it's best to do everything in real time and in the open. From now on I will be trading the same positions as I post and tracking the results of these. You can find these results at the links above as of Monday.
Now I'll trade and track results properly and we get to do a proper experiement into the real motives and nature of everyone involved. I've said it for months, the truth of people will be revealed by their own actions. Just a case of waiting untl the time is right. From now on I'll only trade the things I post in my subs/forum. No messing about. If they bomb this time, I suck. If not, let's see what happens :) |
![]() | Thanks to everyone who responded to the previous pieces on risk management. We ended up with nearly 2,000 upvotes and I'm delighted so many of you found it useful. submitted by getmrmarket to Forex [link] [comments] This time we're going to focus on a new area: reacting to and trading around news and fundamental developments. A lot of people get this totally wrong and the main reason is that they trade the news at face value, without considering what the market had already priced in. If you've ever seen what you consider to be "good" or "better than forecast" news come out and yet been confused as the pair did nothing or moved in the opposite direction to expected, read on... We are going to do this in two parts. Part I
IntroductionKnowing how to use and benefit from the economic calendar is key for all traders - not just news traders.In this chapter we are going to take a practical look at how to use the economic calendar. We are also going to look at how to interpret news using second order thinking. The key concept is learning what has already been ‘priced in’ by the market so we can estimate how the market price might react to the new information. Why use an economic calendarThe economic calendar contains all the scheduled economic releases for that day and week. Even if you purely trade based on technical analysis, you still must know what is in store. https://preview.redd.it/20xdiq6gq4k51.png?width=1200&format=png&auto=webp&s=6cd47186db1039be7df4d7ad6782de36da48f1db Why? Three main reasons. Firstly, releases can help provide direction. They create trends. For example if GBPUSD has been fluctuating aimlessly within a range and suddenly the Bank of England starts raising rates you better believe the British Pound will start to move. Big news events often start long-term trends which you can trade around. Secondly, a lot of the volatility occurs around these events. This is because these events give the market new information. Prior to a big scheduled release like the US Non Farm Payrolls you might find no one wants to take a big position. After it is released the market may move violently and potentially not just in a single direction - often prices may overshoot and come back down. Even without a trend this volatility provides lots of trading opportunities for the day trader. https://preview.redd.it/u17iwbhiq4k51.png?width=1200&format=png&auto=webp&s=98ea8ed154c9468cb62037668c38e7387f2435af Finally, these releases can change trends. Going into a huge release because of a technical indicator makes little sense. Everything could reverse and stop you out in a moment. You need to be aware of which events are likely to influence the positions you have on so you can decide whether to keep the positions or flatten exposure before the binary event for which you have no edge. Most traders will therefore ‘scan’ the calendar for the week ahead, noting what the big events are and when they will occur. Then you can focus on each day at a time. Reading the economic calendarMost calendars show events cut by trading day. Helpfully they adjust the time of each release to your own timezone. For example we can see that the Bank of Japan Interest Rate decision is happening at 4am local time for this particular London-based trader. https://preview.redd.it/lmx0q9qoq4k51.jpg?width=1200&format=pjpg&auto=webp&s=c6e9e1533b1ba236e51296de8db3be55dfa78ba1 Note that some events do not happen at a specific time. Think of a Central Banker’s speech for example - this can go on for an hour. It is not like an economic statistic that gets released at a precise time. Clicking the finger emoji will open up additional information on each event. Event importanceHow do you define importance? Well, some events are always unimportant. With the greatest of respect to Italian farmers, nobody cares about mundane releases like Italian farm productivity figures.Other events always seem to be important. That means, markets consistently react to them and prices move. Interest rate decisions are an example of consistently high importance events. So the Medium and High can be thought of as guides to how much each event typically affects markets. They are not perfect guides, however, as different events are more or less important depending on the circumstances. For example, imagine the UK economy was undergoing a consumer-led recovery. The Central Bank has said it would raise interest rates (making GBPUSD move higher) if they feel the consumer is confident. Consumer confidence data would suddenly become an extremely important event. At other times, when the Central Bank has not said it is focused on the consumer, this release might be near irrelevant. Knowing what's priced inNext to each piece of economic data you can normally see three figures. Actual, Forecast, and Previous.
Once you understand that markets move based on the news vs expectations, you will be less confused by price action around events This is a common misunderstanding. Say everyone is expecting ‘great’ economic data and it comes out as ‘good’. Does the price go up? You might think it should. After all, the economic data was good. However, everyone expected it to be great and it was just … good. The great release was ‘priced in’ by the market already. Most likely the price will be disappointed and go down. By priced in we simply mean that the market expected it and already bought or sold. The information was already in the price before the announcement. Incidentally the official forecasts can be pretty stale and might not accurately capture what active traders in the market expect. See the following example. An example of pricing inFor example, let’s say the market is focused on the number of Tesla deliveries. Analysts think it’ll be 100,000 this quarter. But Elon Musk tweets something that hints he’s really, really, really looking forward to the analyst call. Tesla’s price ticks higher after the tweet as traders put on positions, reflecting the sentiment that Tesla is likely to massively beat the 100,000. (This example is not a real one - it just serves to illustrate the concept.) Tesla deliveries are up hugely vs last quarter ... but they are disappointing vs market expectations ... what do you think will happen to the stock? On the day it turns out Tesla hit 101,000. A better than the officially forecasted result - sure - but only marginally. Way below what readers of Musk's twitter account might have thought. Disappointed traders may sell their longs and close out the positions. The stock might go down on ‘good’ results because the market had priced in something even better. (This example is not a real one - it just serves to illustrate the concept.) SurveysIt can be a little hard to know what the market really expects. Often the published forecasts are stale and do not reflect what actual traders and investors are looking for.One of the most effective ways is a simple survey of investors. Something like a Twitter poll like this one from CNBC is freely available and not a bad barometer. CNBC, Bloomberg and other business TV stations often have polls on their Twitter accounts that let you know what others are expecting Interest rates decisionsWe know that interest rates heavily affect currency prices.For major interest rate decisions there’s a great tool on the CME’s website that you can use. See the link for a demo This gives you a % probability of each interest rate level, implied by traded prices in the bond futures market. For example, in the case above the market thinks there’s a 20% chance the Fed will cut rates to 75-100bp. Obviously this is far more accurate than analyst estimates because it uses actual bond prices where market participants are directly taking risk and placing bets. It basically looks at what interest rate traders are willing to lend at just before/after the date of the central bank meeting to imply the odds that the market ascribes to a change on that date. Always try to estimate what the market has priced in. That way you have some context for whether the release really was better or worse than expected. Second order thinkingYou have to know what the market expects to try and guess how it’ll react. This is referred to by Howard Marks of Oaktree as second-level thinking. His explanation is so clear I am going to quote extensively.It really is hard to improve on this clarity of thought: First-level thinking is simplistic and superficial, and just about everyone can do it (a bad sign for anything involving an attempt at superiority). All the first-level thinker needs is an opinion about the future, as in “The outlook for the company is favorable, meaning the stock will go up.” Second-level thinking is deep, complex and convoluted. Howard Marks He explains first-level thinking: The first-level thinker simply looks for the highest quality company, the best product, the fastest earnings growth or the lowest p/e ratio. He’s ignorant of the very existence of a second level at which to think, and of the need to pursue it. Howard Marks The above describes the guy who sees a 101,000 result and buys Tesla stock because - hey, this beat expectations. Marks goes on to describe second-level thinking: The second-level thinker goes through a much more complex process when thinking about buying an asset. Is it good? Do others think it’s as good as I think it is? Is it really as good as I think it is? Is it as good as others think it is? Is it as good as others think others think it is? How will it change? How do others think it will change? How is it priced given: its current condition; how do I think its conditions will change; how others think it will change; and how others think others think it will change? And that’s just the beginning. No, this isn’t easy. Howard Marks In this version of events you are always thinking about the market’s response to Tesla results. What do you think they’ll announce? What has the market priced in? Is Musk reliable? Are the people who bought because of his tweet likely to hold on if he disappoints or exit immediately? If it goes up at which price will they take profit? How big a number is now considered ‘wow’ by the market? As Marks says: not easy. However, you need to start getting into the habit of thinking like this if you want to beat the market. You can make gameplans in advance for various scenarios. Here are some examples from Marks to illustrate the difference between first order and second order thinking. Some further examples Trying to react fast to headlines is impossible in today’s market of ultra fast computers. You will never win on speed. Therefore you have to out-think the average participant. Coming up in part IINow that we have a basic understanding of concepts such as expectations and what the market has priced in, we can look at some interesting trading techniques and tools.Part II
*** Disclaimer:This content is not investment advice and you should not place any reliance on it. The views expressed are the author's own and should not be attributed to any other person, including their employer. |
![]() | Thanks for all the upvotes and comments on the previous pieces: submitted by getmrmarket to Forex [link] [comments] From the first half of the news trading note we learned some ways to estimate what is priced in by the market. We learned that we are trading any gap in market expectations rather than the result itself. A good result when the market expected a fantastic result is disappointing! We also looked at second order thinking. After all that, I hope the reaction of prices to events is starting to make more sense to you. Before you understand the core concepts of pricing in and second order thinking, price reactions to events can seem mystifying at times We'll add one thought-provoking quote. Keynes (that rare economist who also managed institutional money) offered this analogy. He compared selecting investments to a beauty contest in which newspaper readers would write in with their votes and win a prize if their votes most closely matched the six most popularly selected women across all readers: It is not a case of choosing those (faces) which, to the best of one’s judgment, are really the prettiest, nor even those which average opinions genuinely thinks the prettiest. We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be. Trading is no different. You are trying to anticipate how other traders will react to news and how that will move prices. Perhaps you disagree with their reaction. Still, if you can anticipate what it will be you would be sensible to act upon it. Don't forget: meanwhile they are also trying to anticipate what you and everyone else will do. Part II
Preparing for quantitative and qualitative releasesThe majority of releases are quantitative. All that means is there’s some number. Like unemployment figures or GDP.Historic results provide interesting context. We are looking below the Australian unemployment rate which is released monthly. If you plot it out a few years back you can spot a clear trend, which got massively reversed. Knowing this trend gives you additional information when the figure is released. In the same way prices can trend so do economic data. A great resource that's totally free to use This makes sense: if for example things are getting steadily better in the economy you’d expect to see unemployment steadily going down. Knowing the trend and how much noise there is in the data gives you an informational edge over lazy traders. For example, when we see the spike above 6% on the above you’d instantly know it was crazy and a huge trading opportunity since a) the fluctuations month on month are normally tiny and b) it is a huge reversal of the long-term trend. Would all the other AUDUSD traders know and react proportionately? If not and yet they still trade, their laziness may be an opportunity for more informed traders to make some money. Tradingeconomics.com offers really high quality analysis. You can see all the major indicators for each country. Clicking them brings up their history as well as an explanation of what they show. For example, here’s German Consumer Confidence. Helpful context There are also qualitative events. Normally these are speeches by Central Bankers. There are whole blogs dedicated to closely reading such texts and looking for subtle changes in direction or opinion on the economy. Stuff like how often does the phrase "in a good place" come up when the Chair of the Fed speaks. It is pretty dry stuff. Yet these are leading indicators of how each member may vote to set interest rates. Ed Yardeni is the go-to guy on central banks. Data surprise indexThe other thing you might look at is something investment banks produce for their customers. A data surprise index. I am not sure if these are available in retail land - there's no reason they shouldn't be but the economic calendars online are very basic.You’ll remember we talked about data not being good or bad of itself but good or bad relative to what was expected. These indices measure this difference. If results are consistently better than analysts expect then you’ll see a positive number. If they are consistently worse than analysts expect a negative number. You can see they tend to swing from positive to negative. Mean reversion at its best! Data surprise indices measure how much better or worse data came in vs forecast There are many theories for this but in general people consider that analysts herd around the consensus. They are scared to be outliers and look ‘wrong’ or ‘stupid’ so they instead place estimates close to the pack of their peers. When economic conditions change they may therefore be slow to update. When they are wrong consistently - say too bearish - they eventually flip the other way and become too bullish. These charts can be interesting to give you an idea of how the recent data releases have been versus market expectations. You may try to spot the turning points in macroeconomic data that drive long term currency prices and trends. Using recent events to predict future reactionsThe market reaction function is the most important thing on an economic calendar in many ways. It means: what will happen to the price if the data is better or worse than the market expects?That seems easy to answer but it is not. Consider the example of consumer confidence we had earlier.
One clue is to look at what happened to the price of risk assets at the last event. For example, let’s say we looked at unemployment and it came in a lot worse than forecast last month. What happened to the S&P back then? 2% drop last time on a 'worse than expected' number ... so it it is 'better than expected' best guess is we rally 2% higher So this tells us that - at least for our most recent event - the S&P moved 2% lower on a far worse than expected number. This gives us some guidance as to what it might do next time and the direction. Bad number = lower S&P. For a huge surprise 2% is the size of move we’d expect. Again - this is a real limitation of online calendars. They should show next to the historic results (expected/actual) the reaction of various instruments. Buy the rumour, sell the factA final example of an unpredictable reaction relates to the old rule of ‘Buy the rumour, sell the fact.’ This captures the tendency for markets to anticipate events and then reverse when they occur. Buy the rumour, sell the fact In short: people take profit and close their positions when what they expected to happen is confirmed. So we have to decide which driver is most important to the market at any point in time. You obviously cannot ask every participant. The best way to do it is to look at what happened recently. Look at the price action during recent releases and you will get a feel for how much the market moves and in which direction. Trimming or taking off positionsOne thing to note is that events sometimes give smart participants information about positioning. This is because many traders take off or reduce positions ahead of big news events for risk management purposes.Imagine we see GBPUSD rises in the hour before GDP release. That probably indicates the market is short and has taken off / flattened its positions. The price action before an event can tell you about speculative positioning If GDP is merely in line with expectations those same people are likely to add back their positions. They avoided a potential banana skin. This is why sometimes the market moves on an event that seemingly was bang on consensus. But you have learned something. The speculative market is short and may prove vulnerable to a squeeze. Two kinds of reversalsFairly often you’ll see the market move in one direction on a release then turn around and go the other way.These are known as reversals. Traders will often ‘fade’ a move, meaning bet against it and expect it to reverse. Logical reversalsSometimes this happens when the data looks good at first glance but the details don’t support it.For example, say the headline is very bullish on German manufacturing numbers but then a minute later it becomes clear the company who releases the data has changed methodology or believes the number is driven by a one-off event. Or maybe the headline number is positive but buried in the detail there is a very negative revision to previous numbers. Fading the initial spike is one way to trade news. Try looking at what the price action is one minute after the event and thirty minutes afterwards on historic releases. Crazy reversalsSome reversals don't make sense Sometimes a reversal happens for seemingly no fundamental reason. Say you get clearly positive news that is better than anyone expects. There are no caveats to the positive number. Yet the price briefly spikes up and then falls hard. What on earth? This is a pure supply and demand thing. Even on bullish news the market cannot sustain a rally. The market is telling you it wants to sell this asset. Try not to get in its way. Some key releasesAs we have already discussed, different releases are important at different times. However, we’ll look at some consistently important ones in this final section.Interest rates decisionsThese can sometimes be unscheduled. However, normally the decisions are announced monthly. The exact process varies for each central bank. Typically there’s a headline decision e.g. maintain 0.75% rate.You may also see “minutes” of the meeting in which the decision was reached and a vote tally e.g. 7 for maintain, 2 for lower rates. These are always top-tier data releases and have capacity to move the currency a lot. A hawkish central bank (higher rates) will tend to move a currency higher whilst a dovish central bank (lower rates) will tend to move a currency lower. A central banker speaking is always a big event Non farm payrollsThese are released once per month. This is another top-tier release that will move all USD pairs as well as equities.There are three numbers:
In general a positive response should move the USD higher but check recent price action. Other countries each have their own unemployment data releases but this is the single most important release. SurveysThere are various types of surveys: consumer confidence; house price expectations; purchasing managers index etc.Each one basically asks a group of people if they expect to make more purchases or activity in their area of expertise to rise. There are so many we won’t go into each one here. A really useful tool is the tradingeconomics.com economic indicators for each country. You can see all the major indicators and an explanation of each plus the historic results. GDPGross Domestic Product is another big release. It is a measure of how much a country’s economy is growing.In general the market focuses more on ‘advance’ GDP forecasts more than ‘final’ numbers, which are often released at the same time. This is because the final figures are accurate but by the time they come around the market has already seen all the inputs. The advance figure tends to be less accurate but incorporates new information that the market may not have known before the release. In general a strong GDP number is good for the domestic currency. InflationCountries tend to release measures of inflation (increase in prices) each month. These releases are important mainly because they may influence the future decisions of the central bank, when setting the interest rate.See the FX fundamentals section for more details. Industrial dataThings like factory orders or or inventory levels. These can provide a leading indicator of the strength of the economy.These numbers can be extremely volatile. This is because a one-off large order can drive the numbers well outside usual levels. Pay careful attention to previous releases so you have a sense of how noisy each release is and what kind of moves might be expected. CommentsOften there is really good stuff in the comments/replies. Check out 'squitstoomuch' for some excellent observations on why some news sources are noisy but early (think: Twitter, ZeroHedge). The Softbank story is a good recent example: was in ZeroHedge a day before the FT but the market moved on the FT. Also an interesting comment on mistakes, which definitely happen on breaking news, and can cause massive reversals. |
Platform | Notes |
---|---|
ADM Investor Services | No API |
Ally Invest | Does not support futures instruments |
Alpaca | Only supports US Equities |
Alpha Vantage | Does not support futures instruments |
AMP | Broker with a huge number of platforms available including some with APIs |
ApexFutures | No API |
Arcade Trader | No API |
AvaTrade | Does not support futures instruments |
Backtrader | Not a data feed; otherwise looks cool but also looks like a one-man shop |
Cannon Trading | Broker with a variety of platforms, some have API access such as TT |
Centerpoint | No API |
Charles Schwab | API does not support futures instruments |
Cobra | No API |
Daniels Trading | No API |
Discount Trading | Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs |
Edge Clear | Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs |
Eroom | Now part of Dashprime. Offer a variety of APIs including CQG, TT, CBOE's Silexx, and others via FIX. |
ETNA Trader | Only supports equities, options (including multi-legs), ETFs, Mutual Funds (Forex with cryptocurrencies coming soon) |
ETrade | API seems robust but OAuth authorization needs to be refreshed via login once per 24 hours |
Futures Online | No API |
Gain Capital Futures | API available, based on .NET; unsure if they are open to retail clients |
GFF Brokers | Broker with a large number of platforms including some with API access |
High Ridge Futures | Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs |
iBroker | API available; contact them for more info |
IEX Cloud | Looks great but does not support futures instruments |
Infinity Futures | JSON API available; contact them for more info |
Interactive Brokers | Client Web API looks promising if clunky |
Intrinio | Supports futures instruments but is expensive |
Koyfin | No API |
Lightspeed | C++ API available |
marketstack | API for equities available. Does not support futures instruments. |
Medved Trader | Windows app with a streaming API to various data sources and brokers. See comment below about API beta access. |
NinjaTrader | Does not support futures options |
Norgate Data | Not a broker; supports futures data for $270/year |
Oanda | Forex only; API last updated in 2018 |
Optimus Futures | Broker with a large number of available platforms including some with API access |
Phillip Capital | Broker with a large number of available platforms including some with API access |
polygon.io | Expensive but looks slick; does not support futures instruments |
Quandl | API looks solid; $49/monthly for personal use, does not allow distributing or sharing data; not a broker |
Quantconnect | Does not expose raw data |
Quantopian | Does not expose raw data |
Quantower | Software that connects to multiple brokers and data feeds; API to their software via C# interface |
Saxo Markets | Broker with extensively documented API |
Stage 5 Trading | API available through Trading Technologies |
Straits Financial | Broker with several platforms available including some with APIs such as CQG, R |
Sweet Futures | Broker with a large number of available platforms including some with API access |
TastyWorks | There's an unofficial Python API |
TenQuant.io | Does not support futures instruments |
ThinkorSwim | Does not support futures instruments via the API |
Tiingo | Free account tier but does not support futures instruments |
TradePro | Broker with a number of platforms available; unclear if any are available with API access |
Tradier | Free developer API account for delayed data but does not support futures instruments |
TradeStation | Nice looking API docs and supports futures instruments; requires opening an account and a minimum balance of $100k and there’s no trial available |
TradeFutures4Less | Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs |
TradingTechnologies | API looks robust; pricing starts at $700/month |
TradingView | Does not expose data API |
Tradovate Technologies | API exists, documentation unknown; need to talk to their account team |
Wedbush Futures | Broker with several platforms offered, a few of which have API access |
WEX | .NET/COM only; pricing not disclosed on website |
Xignite | Pricing not disclosed on website but they do support futures instruments |
Yahoo Finance API | Available through RapidAPI or via direct access; but it’s discontinued and unreliable |
Zaner | Broker with a variety of platforms including CQG, Rithmic, TT, some with APIs |
1 Hour Forex Reversal Strategy Getting Started. This strategy is intended for bearish reversals primarily on the one hour chart. However, it can be used effectively on the 15 & 30-minute chart as well. This Forex reversal strategy consists of three indicators. Those indicators include: 14 Period Weighted Moving Average (closed) The forex market is available for trading 24 hours a day, five and one-half days per week. The Forex Market Time Converter displays "Open" or "Closed" in the Status column to indicate the current state of each global Market Center. However, just because you 1 Hour Forex Trading System is a combination of Metatrader 4 (MT4) indicator(s) and template. The essence of this forex system is to transform the accumulated history data and trading signals. 1 Hour Forex Trading System provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders can assume ... Nevertheless, Forex trading systems in the interval less than a day make not a daily profit for many traders only, but also the perfect combination of energy spent and the income which was made. I would like to show you an example of a simple trading strategy which uses two indicators only. This is a simple one hour Forex strategy. Since the jpy is active after the main Forex pairs slow down in trading volume, it is one of the best Forex strategies for people who work during the day. USD/JPY 1 Hour Trading Strategy Explained. This is a very simple Asian Session Breakout Forex trading strategy based on price action trading using the 1 hr candlestick chart. The AUD/JPY 1-Hour Forex swing trading strategy captures bigger market trends successfully on the 1-hour time frame and above with the help of the MACD cross indicator. It’s a trend following swing trading strategy that follows the best market trend at all times. The strategy was successfully tested on the AUD/JPY pair but should work on any pair of your preference. Chart Setup. MetaTrader 4 ... 1-hour Bollinger Bands - CCI Forex Trading Strategy 6/22/2018 Comments The following strategy can be used on any of the intraday charts however it has shown the best results on the 1-hour timeframe and therefore it’s best to use it on the 1-hour chart. It is most suitable on the major Forex pairs, although there are no limitations regarding the Fx pairs it can be applied on. This Bollinger ... Should be looking for these Forex Master Patterns on all time frames, this 1-hour example clearly shows you contraction phase (do not trade), extension phase (could trade, around 180 pips possible on bullish trade) and trend or profit phase (should trade, around 300 pips possible on bearish trade). Need to train your eyes to see these in real-time, to take advantage of these and use tight stop ... AUD/CAD 1-Hour Forex Swing Trading Strategy. The AUD/CAD 1-Hour Forex swing trading strategy is designed for traders who like to trade of the higher time frames (M30, H1, H4, D1). It was successfully tested on the AUD/CAD pair but should work on any other pair as well. The strategy deploys an easy Envelopes indicator signal system, simple chart demonstration and a smooth entry/exit criteria ... 1 Hour SIMPLE FOREX TRADING With Support And Resistance. Retail forex trading can be a simple yet complex market. Retail forex trading can be a simple yet complex market. Simple forex trading strategies work great when you review the charts, but when your in live time, that’s where it gets complicated!
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Time for another live Forex trading video. In this video, I use my 'Triple Top' and 'Triple Bottom' Forex trading strategies (covered in my Advanced Price Ac... Install Free FX Signals App Link https://play.google.com/store/apps/details?id=com.fxfreesignals_pipmaker.fxsignal join me Telegram Link: https://t.me/freefx... Glad this video helped, no more products for sale no more courses either, study the videos they will teach you everything you need to become a 6 and 7 figure... Sign up via my partnership link to use the broker I use to trade with Forex & Crypto - (Thank you) http://cpartner.bdswiss.com/visit/?bta=36813&nci=5979&camp... All about Trading in Forex and Binary Option Marked. Forex Swing Trading 1 Hour - 15min Strategy Use 4H to see the main trend direction Use 1H to draw the Tr... All about Trading in Forex and Binary Option Marked. SIMPLE 1 HOUR TRADING TRADING SYSTEM ----- Subscribe! https://YouTube.com/sasanfx1 🔔 Click...