Summary: A Selection of Our Top FX Trade Alerts 2016

DDMarkets Top Forex Signals

As we have been serving forex traders for over two years we believe it is appropriate to summarize our top trades in the market. It has been a long journey and we are proud in our trading performance.

If you are new to ddmarkets please note all our trades can be accessed from the forex trade alerts performance page aside open trades that a restricted to members only. Our track record begins at May 2014 when we launched.

Summary: A Selection of Our Top FX Trade Alerts 2016

GBPNZD and the 1,000 Pips

Towards the end of 2015 we have noticed the market is becoming more fundamental than technical.  We have alerted our subscribers on our intention to long GBPNZD on Thursday but at a lower price. When the entry was provided we have issued the trade alert via email.

Please click on the chart to enlarge:

GBPNZD 4hr Chart 21/08/15

GBPNZD 4hr Chart 21/08/15

GBPNZD Trade Alert Details

GBPNZD long at market price: 2.3446
Protective stop: 2.3154
Take profit: 2.5330
Risk Ratio (RR): 1 : 6 (approx.)
Estimated duration: 60 days

Summary: A Selection of Our Top FX Trade Alerts 2016

The trade alert was issued on Friday, several hours prior to the weekly close. The following week GBPNZD spiked over +1,000 pips, missing our target by several pips.

Please click on the chart to enlarge:

GBPNZD 4hr Chart Profit 24/08/15

GBPNZD 4hr Chart Profit 24/08/15

We should highlight the spike was noted in FXCM, brokers displayed different highs for GBPNZD. It was an extraordinary event, we were able to realize approximately +730 pips on the long trade.

GBPNZD Full Forex Trade Alert

Summary: A Selection of Our Top FX Trade Alerts 2016

GBP Brexit Short Trade

Several days prior to the UK vote on exiting the EU we have noted the potential for heavy GBP selling. The entry was based on the monthly chart and was attempted to be capitalized on via an intraday time frame.

The trade initially drifted in a drawdown. We became aware on the referendum day the betting odds were being manipulated and the inaccuracy of the YouGov poll that was scheduled for release at the daily close.

We widened the protective stop loss order on 2 occasions, which is extremely rare as we generally do not widen stops. As Sunderland official results were published GBPISD tanked over +500 pips and the rest is already known. We were also holding a long trade in EURGBP where minimal drawdown was incurred.

GBPUSD Trade Alert

GBPUSD short at market price (1.4659)
Take profit: 1.3920
Protective stop: 1.4921 (stop was shifted to 1.4996, then 1.5037)
Risk Ratio (RR): 1 : 3 (approx.)

EURGBP Trade Alert

EURGBP long at market price (0.7670)
Take profit: 0.8210
Protective stop: 0.7500
Risk Ratio (RR): 1 : 3 (approx.)

GBPUSD Monthly Chart

Please click on the chart to enlarge:

GBPUSD Monthly Chart 23/06/16

GBPUSD Monthly Chart 23/06/16

EURGBP Daily Chart

Please click on the chart to enlarge:

EURGBP Daily Chart 21/06/16

EURGBP Daily Chart 21/06/16

Summary: A Selection of Our Top FX Trade Alerts 2016

GBPUSD After the Referendum

Please click on the chart to enlarge:

GBPUSD Monthly Chart 24/06/16

GBPUSD Monthly Chart 24/06/16

EURGBP After the Referendum

Please click on the chart to enlarge:

EURGBP Daily Chart 24/06/16

EURGBP Daily Chart 24/06/16

As you may note, all our trade alerts / signals are well-documented.

GBPUSD and EURGBP Full Trade Alert

Summary: A Selection of Our Top FX Trade Alerts 2016

The Dow Jones 30 (DJ30)

We have successfully anticipated a bullish reversal in the Dow following strong selling in the index. It was a tough decision but we were counting on the Fed to be the fundamental trigger for the corrective gains.

We only issue trade alerts in global indices when we are confident a minimal drawdown may be incurred and that our projection is imminent. We have covered many indices over the years such as the FTSE100, NASDAQ100 etc.

DJ30 Trade Alert

Please click on the chart to enlarge:

DJ30 Weekly Chart II 13/12/15

DJ30 Weekly Chart II 13/12/15

DJ30 (March 2016) long at market price (17,182)
Take profit: 18,030
Protective stop: 16,890
Risk Ratio (RR): 1 : 3 (approx.)
Estimated duration: 14 days

Summary: A Selection of Our Top FX Trade Alerts 2016

It did not take long for the Dow to post strong gains in the market.

Please click on the chart to enlarge:

DJ30 Weekly Chart 16/12/15

DJ30 Weekly Chart 16/12/15

DJ30 Full Trade Alert

Summary: A Selection of Our Top FX Trade Alerts 2016

The Greatest Miss: XAU/USD

We have anticipated moderate gains in gold towards the end of 2015. We have noted the precious commodity is due for strong gains and executed a long trade in the market. We refrain from exercising excessively large stops to ensure that every stop that is used is recoverable. The long trade was stopped out by a minor price movement (spike) before posting the excepted gains.

Although we had other misses in the Forex market, XAU/USD is labelled as our great miss.

XAU/USD Trade Alert

Please click on the chart to enlarge:

Gold (spot) 4hr Chart 23/12/15

Gold (spot) 4hr Chart 23/12/15

Gold long at market price (1,069.14)
Take profit: 1,094.00
Protective stop: 1,059.30
Risk Ratio (RR): 1 : 2.6 (approx.)
Estimated duration: 7 days

Summary: A Selection of Our Top FX Trade Alerts 2016

The chart below is displaying the strong gains that were seen in gold later in 2016.

Please click on the chart to enlarge:

Gold Daily Chart 23/03/16

Gold Daily Chart 23/03/16

XAU/USD Full Trade Alert

Summary: A Selection of Our Top FX Trade Alerts 2016

The market constantly changed over the years and we have successfully adapted to the new market conditions. We strive to derive the signals from the chart with great accuracy and well-positioned stops. Succeeding in every signal that issued may be unrealistic, which is why the size of the stop loss orders is crucial. Consistency is the key.

Last Updated on May 28, 2021