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  • DDMarkets Forex Signals Service

    Introduction

    To be fully transparent, we were told by one of our members some time ago about this forum. We are trying to increase our presence in trading forums so we thought to also maintain our own thread here at forexsignals. As this is our first post some introduction is appropriate. We have been providing our research, strategies and trade alerts since 2014. As opposed to providing what we refer to as blank signals we outline the trading strategy for every trade before it is issued. The trader then has the opportunity to review the technical. or fundamental strategy we would like to exercise and evaluate our stance on the given instrument or instruments.

    After the strategy has been provided we issue the trade alert that is based on the strategy that was presented. Once the trade is issued we provide daily updates on the open trade until it is closed. These updates include fundamental events that have or may influence the give instrument as well as shifting the stop to the entry (or above), partials' realization and exit the trade early if required. By providing the trades in this manner every trader has the ability to dismiss entries that may not align with his or her views on the market. The other advantage is as the trader is fully aware why the trade was established it may enhance the decision-making process in regards to the size of the trade and the funds the trader wishes to allocate for the given trade.

    When a trade issued we provide the risk ratio (RR), the estimated duration and potential drawdown. These are not intraday signals, the time frames we use to derive the signals are often based on the daily / weekly / monthly charts. The entry price will therefore become less sensitive when compared to intraday signals.

    We are not managing accounts, you may therefore use any trading platform of your choice and not be limited to the MT4 or MT5. We are not affiliated with any brokers so you do not need to open a new trading account in order to join us.


    Drawdown

    We generally hold a small number of trades (often less than 4) to ensure the potential drawdown is kept to a minimum. Every trade has a protective stop loss order, we are against implementing 'explosive' stops as we would rather accept the loss and proceed to the next trade. We would rather avoid drifting in an aimless drawdown in an effort to profit at any costs. Drifting in an open drawdown may limit our ability to maneuver as every new trade will increase our market exposure, it is therefore a scenario we would rather avoid,


    Transparency

    Every signal is fully documented with the strategy and screenshots of the chart that display the progress of every trade. This has been our method since 2014. The website is fully compatible with mobile devices, all our past strategies and trade alerts may be reviewed by all traders aside strategies that contain open trades. All trades from June are closed, one trade was initiated yesterday after the opening of the market. Reviewing our past trades may provide a better understanding on our approach to the market.

    All other information that was not mentioned here is presented on the website. If there are any questions that are relevant to our trading strategies or trade alerts you may write them here or contact us directly via the website.

    Do note that as the performance page contains all our trades since 2014 it does take a few seconds to load.

    DDMarkets Forex Signals Performance

    DDMarkets Trading Plans
    Last edited by DDMARKETS; 07-03-2017, 04:07 PM. Reason: added tags

  • #2
    We are aware many traders have read our post so we would like to post a small update. As you may all already be aware USD weakness was triggered from the US CPI figures, which lowered the possibility of another hike this year. Trump's inability to pass his health reforms along with the ECB press conference triggered a fairly large rally in EURUSD which may have caught some by surprise.

    Following the US CPI we noted the possibility of such a scenario and updated our members. We intentionally avoided USD since as it required a fairly large stop despite the outcome as the required risk did not meet our rules. All our members know our stance on EURUSD and several other currency pairs and we would like to keep our analysis for our members.

    What we would like to add is that aside providing our trading strategies and market research we also provide some market education content. The following is an article we published in 2015 regarding trading signals, EA's and managed accounts. We hope anyone will find this useful, if you have any feedback on our market education content please do let us know.

    https://www.ddmarkets.com/how-the-sm...tions-markets/

    We already outlined our technical setup for the upcoming week, we are holding 2 trades in the market at the time of this writing.
    Social trading, managed accounts, forex and binary options trading signals. Learn how even the smartest traders make poor decisions in these services.

    Comment


    • #3
      We would like to share a small part of our analysis in this forum. Following the US CPI figures as we discussed in the above post the odds for another rate hike this year by the Fed has reduced until the new CPI figures are released.

      EURUSD traded lower in yesterday's session mainly due to the manufacturing PMU data but it currently insufficient to reverse USD weakness. The US Senate is expected to vote on the healthcare bill in today's session, which is one of the main events on Tuesday. If the vote is delayed (again) it may trigger moderate USD weakness. Should the vote garner enough votes it may trigger some USD strength but it may still be insufficient to reverse USD weakness.

      The FOMC statement may trigger some volatility on Wednesday but the inflation concerns may counter. The Fed may choose to focus on the balance sheet normalization and not imminent rate hikes. Even in an event EURUSD sheds over +100 pips the uptrend remains intact from a technical angle. It will take an extraordinary price movement or an event to reverse EURUSD uptrend. The next technical target for EURUSD is seen at 1.2000.

      The full research and analysis is available for our members, we are not focusing solely on EURUSD.

      We are aware that many have been posting their analysis on here. We have been doing so since 2014, you may read all of our market research, analysis, strategies and trade alerts on the website as they are fully documented with extreme transparency. Some of our top predictions include the brexit (we were short GBP) and the crude oil crisis that took place several years ago.

      We are holding 3 trades in the market at the time of this writing.
      Last edited by DDMARKETS; 07-25-2017, 10:04 AM.

      Comment


      • #4
        It's been a long time since we updated our thread here. A small note on the market first, President Trump's remarks on the Fed triggered USD weakness on Monday's session. The negotiations between the US and China are set to commence in today's session. GBP rallied on expectations Britain may not leave the EU without a deal, which was some relief to GBP following the prior BOE monetary policy.

        Regarding the performance of our forex signals, we have been fairly conservative as many currency pairs and crosses were held in a range until recently. The signals performance as well as the documentation of the progress of the signals are available on our website.

        To recap, we have been providing forex strategies and signals to online traders since 2014.

        Homepage

        Forex Signals Performance

        Forex Signals Pricing

        Comment


        • #5
          We are not holding any open trades at the time of this writing. The recent volatility we have seen int the Foreign Exchange market were triggered by a number of events. Reports that President Trump may impose new tariffs on China next week, the failure to seal a deal with Canada (NAFTA) and threats to exit the Word Trade Organization (WTO). The Euro was also knocked lower due to some tension from the Italian government.

          All of our recent trades in USDCAD, EURAUD, GBPCAD, EURUSD and more are open for review in the performance page. To briefly summarize what we do, we first issue the strategies for our signals, the signal is then issued via email and then documented on the website, trade updates are then issued on a daily basis until the trades are closed. We hold less than 5 open trades at any given time unless the stop is at or above the entry for most of the trades. We do not exercise hefty stops (such as 400 pips) as would rather incur the loss and recover in future trades.

          We provide the entry price, stop, take profit (single take profit), estimated duration, risk ratio and price range for initiating the trade. Most of the signals are based on the daily, weekly and monthly charts to prevent being affected by the intraday noise. None of our signals are automated. We have been providing our signals for over four years.

          USDCAD and EURAUD Forex Signals

          Forex Signals Performance 2014 - 2018

          Forex Signals Pricing

          Comment


          • #6
            It has been a fairly quiet week aside GBP volatility on Wednesday. The currency rose on the back of reports Germany and the UK dropped their key demands regarding the brexit process, which revived hopes for a smooth exit from the EU.

            We only initiated a single trade in the market this week (USDCHF). The page is still locked for members as our next signal will be documented on this page.

            Forex Signals Performance 2014 - 2018

            Forex Signals Pricing

            Comment


            • #7
              To summarize we only initiated a single trade in USDCHF. We attempted a sell limit order in EURNZD but the market did not trigger the order. We did see a lot of threads here regarding the drawdown. As we already mentioned here we keep the number of open trades small (often under 5) with reasonable stops. It may be from as little as 50 pips to 200 pips (in volatile crosses such as GBPAUD, GBPJPY etc.). As we refrain from 'swimming' in a drawdown we incur losses when required, we are not attempting to profit at any cost.


              USDCHF Trading Signal

              Forex Signals Performance 2014 - 2018

              Forex Signals Pricing

              Using the Forex Signals

              Comment


              • #8
                We outlined our setups for the upcoming week to our members. A small update on the market some may appreciate, President Trump threatened to impose more tariffs in China that will ultimately lead to duties on all imported products from China. The market reacted in accordance. The most interesting part is that JPY did not benefit from safe-haven flows as much as CHF.

                GBP rose on Friday on the back of positive remarks from EU Barnier, which were pared back by the end of Friday's session. The key event this week would be the ECB monetary policy. The polls for the midterm elections in the US are already coming out. As we near November the polls may play greater role in the market;s volatility.

                It is very important to be aware of these events and others we did not mention here even if you are a technical trader. We factor all these events into our entries in the Forex market.

                Our Forex Signals

                Forex Signals Performance

                Forex Signals Pricing

                Comment


                • #9
                  EU Barnier triggered moderate gains in GBP pairs and crosses for the third time. Barnier suggested that a brexit deal can be made with the UK within the next 6 - 8 weeks. It may however suggest that the emergency meeting that was priced-in last month will indeed take place in November.

                  CHF was heavily sold in today's session, which is possibly linked to an intervention by the Swiss National Bank (SNB). Some traders may have probably attempted to long CHF earlier today as they were unaware an intervention was taking place. If you are new to trading the SNB often intervenes in the FX markets, it is not uncommon.

                  We are not holding any open trades at the time of this writing as we do not allow open trades to drift in an aimless drawdown. If a trade under-performs we will begin liquidating the position with a loss. We will re-assess the market on Tuesday.

                  Our Forex Signals

                  Forex Signals Performance

                  Forex Signals Pricing

                  Comment


                  • #10
                    We strive to update our thread on a frequent basis. The majority of forex traders here should already know GBP was sold towards the end of last week on what has been referred to by the media as a brexit impasse. GBP recovery in today's session was linked to renewed optimism that a deal will be made with the EU by the end of 2018.

                    What some traders may be unaware of is that a second referendum may be on the line despite Theresa May's denials. Since she denied heading for snap elections approximately 35 days before heading for general elections means her credibility has been dented. October and November will be the key months for GBP pairs and crosses.

                    In regards to our trades, we have incurred a +160 pips (approx,) loss in USDCAD, +100 pips in AUDCHF and over +130 pips (approx.) in GBPNZD as we anticipated GBP recovery. We did make around +65 pips at the beginning of September. We are holding 3 trades in the market at the time of this writing.

                    AUDCHF Signal

                    Our Forex Signals

                    Forex Signals Performance

                    Forex Signals Pricing

                    Comment


                    • #11
                      Italy's proposed budget for 2019 along with the US - China trade tension and CNY depreciation is contributing to the market volatility we have seen in recently. Another interesting event is the sharp gains in US treasury yields, which we are monitoring.

                      Some of our recent trades are now accessible to all.

                      EURJPY Signals

                      Our Forex Signals

                      Forex Signals Performance

                      Forex Signals Pricing

                      Comment


                      • #12
                        We will try to update our thread on regular basis. The US government has re-opened due to a short-term funding bill that will last until 15 February 2019. The news along with positive earnings report triggered USD weakness (risk appetite) on Friday and firm gains in global equities.

                        The House of Commons is expected to vote on several brexit amendments on Tuesday at 19:00 GMT that may trigger some volatility across GBP pairs and crosses. There is great uncertainty which amendments will indeed gain a sufficient majority.

                        We were able to capitalize over GBP strength in January, we are holding a single trade in the market at the time of this writing.

                        Our Forex Signals

                        Forex Signals Performance

                        Forex Signals Pricing

                        Comment


                        • #13
                          Rather than providing an a short update on the market we would like to recap what we do. We have been providing our market analysis and global trade alerts sine 2014. We are among the minority that have been providing forex signals for almost 5 years.

                          We present the trading strategy for every trade we initiate which includes an entry price, protective stop, risk ratio, estimated duration. entry price range and daily updates on open trades and on the market via email. Only paying members can access the technical setups and are receiving the emails.

                          We cannot guarantee profits in the market as we do not wish to mislead or exaggerate our market analysis. We can say that to this date we recovered from all every loss as we control the number of open trades at any given time including the potential drawdown. There is no grid, martingale or accumulating multiple trades on the same financial instrument.

                          None of our trades are automated, it is your decision whether to opt for the trade and control the trade size for every trade. As the technical or fundamental analysis is known experienced traders may manage the trade/s on their own should they wish to do so.

                          The vast majority of the global trade alerts are based on daily/weekly/monthly charts, which makes is appropriate for part-time traders as well as the intraday noise is irrelevant in most scenarios. We offer bi-weekly, monthly and quarterly plans for our global trade alerts.

                          Our Forex Signals

                          Forex Signals Performance

                          Forex Signals Pricing

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