Trading Signals Introduction
Our swing trading strategies are designed for seasoned traders and provided with extreme transparency. The trading strategy is first published on the website which includes the analysis and projections for the instrument.
The trade alert is then derived from the strategy and issued to all traders via email. Before elaborating on our swing strategies and signals we would first like to clarify the usage of trading signals.
Forex trade alerts or forex trading signals are technically or fundamentally based trade structures that commonly include an entry price, stop loss and take profit.
The trade alerts or trading signals provider issues the trade in an effort attain a high success rate to please his or her followers.
Some trade alerts are based on intraday time frames such as 15 minutes, 30 minutes or the hourly chart while some are based on longer time frames such the daily or weekly chart.
As opposed to common trading signals we provide the market analysis behind every signal, which is fully documented on our website.
We provide our swing trading strategies in order to maximize our transparency and to convey to our traders our reasoning for the issued signals.
Who uses Forex Signals?
The usage of forex trade alerts became increasingly popular in recent years by many types of traders. The traders that use trade alerts are split into several categories.
The first type are traders that for one reason or another did not spend the time learning the Forex market or failed in comprehending how the market is functioning but are aware of its true potential.
The second type of traders are those that did take the time to study the market but were unable to interpret their studies into profits due to various reasons.
These traders know the market and will strive to learn how the signal provider is generating his or her signals while carefully analyzing each signal they receive.
The third category are traders that have studied the market but due to various reasons lack the required time to analyze the market and monitor their trades. Trade alerts from a trusted party may be the best solution for them.
The fourth and last category are professional traders that already have their own trading strategy but looking for ways to enhance their performance.
These traders will carefully analyze each trade alert they receive and are more than likely to continue trading with their own strategy and simply add the trade alerts to their portfolio.
DDMarkets Swing Forex Signals
We have great experience in the Foreign Exchange (Forex) market as well as other markets are familiar with numerous types of trading styles and strategies. Our forex trade alerts (or signals) are mostly based on the daily or weekly charts.
As opposed to our intraday trading strategies in our swing trading strategies we provide the trade that is derived from our the strategy we present along with constant updates.
In our intraday strategies the trader determines how he or she wishes to manage the entries / exits based on the provided strategy.
That means the trade alerts are more than likely to be issued around the daily or weekly close at 21:00 GMT. The trade alert is uploaded to the website along with the chart used to derive the trade alert and outline the technical or fundamental strategy we have exercised for for the trade alert.
Most of our trade alerts are issued at market price. Only in extremely rare scenarios we adopt entry orders such as buy stop or sell limit. When the trade alert is issued around the daily close the market is less volatile, which assures our traders receive the best price for entering the market that is inline with the issued trade alert even if they do not view the trade alert when it is issued.
Protective Stop Loss Order
The protective stop loss orders we use for our forex trade alerts is 100% technical and based on the chart we used even if we opt for a fundamental trading strategy. On extremely rare scenarios we would increase the size of the stop loss order and most of the times we have done so we have let our traders know this may occur in the technical commentary of the trade alert.
This allows our traders to predetermine their exposure to the Forex market and decide the leverage they wish to exercise. The vast majority of the forex signals are issued around the daily close.
Take Profit Order
Similar to the stop loss order the take profit order is 100% technical and based on the charts we use to derive the trade alerts. We rarely modify the take profit order. However, we may decide to close the trade ahead of the take profit based on our market analysis. We continue to monitor the market after we issue a trade alert and act in accordance to the developing trend.
Risk Ratio (RR)
We strive for a 1 :3 risk ratio in all our trade alerts. In simple words it means the take profit is 3 times the size of the stop loss order. By maintaining 1 : 3 RR even if our success rate is below 50% for a given month a profit is still reflected. If we are unsatisfied with the risk reward (such as 1 : 1) we will not issue the trade alert even if a technical or fundamental entry is provided.
This is our estimation for how long the trade may be held onto. We estimate the duration based on upcoming economic events that may have a large impact on the currency pairs we are focusing on and technical price levels.
The vast majority of the trade alerts are based on the daily, weekly or monthly charts, which means the entry price becomes less sensitive. We provide a price range for the signal should a significant price movement take place. Should the price trade above or below the price range we ask our members to consider reducing the trade size or dismissing the trade.
Risk management is extremely important. We monitor the drawdown of open trades that are kept to the minimum based on market price and the potential drawdown based on the stop loss orders. We do not allow more than several trades (below 4 on most occasions) to be open in the market unless the protective stop was shifted to the entry or above.
Once a trade alert is issued we monitor the progress of the trade alert and issue updates in regards to realizing partials and shifting the protective top to the entry or above in order to reduce or possibility eliminate the invested capital exposure to the market.
Our traders may choose to follow our updates or act on their own accord as we do not automate our trade alerts. When a trade alert is issued or when an update is made our traders are immediately notified via email.
We are constantly monitoring the deliverance of the emails and should we discover any deliverance delays we switch to the backup configuration we have set for to ensure maximal quality.
Trading Signal Example
The following signal was sent on 21 May, 2017, which was derived from the daily chart.
Please click on the chart to enlarge:
NZDJPY long at market price (76.86)
Take profit: 80.50
Protective stop: 75.40
Risk Ratio (RR): 1 : 2.5 (approx.)
Estimated duration: 21 days
Daily updates were issued on NZJPY including market updates ,partials’ realization and shifting the protective stop inline with the progress of the long trade until it was closed.
Please click on the chart to enlarge:
Every signal is fully documented along with the trading strategy and updates that were issued via email.
Forex Signals Delivery
On Sunday we study the weekly charts, daily charts and intraday times of multiple currency pairs to determine whether a technical entry is provided. The strategies for the signals are published in the weekly update section, which will be displayed in the top menu upon registering with us.
Should we discover any new entries in the market during the week and our market exposure remains low (as described earlier in ‘Risk Management) we publish the strategy in a separate page that is available in the ‘Throughout the Week’ section, which will also be displayed in the top menu upon signing up with us.
In an event the entry is imminent and we lack the time to present a separate strategy the trade alert will be added to an already published page.
Do I Need Forex Signals?
Our trade alerts are dedicated to all types of traders we have categorized earlier. Aside the enhanced trade alerts are are issuing the success rate is very important.
We invite you to review our trades performance, study our past trade alerts and conclude whether you may benefit from us.
In order to further appeal to global forex traders our global trade alerts plans are extremely competitive to ensure both small and large traders may benefit from our market research.
We offer two different global trade alerts plans, 14-day and a 30-day plan to provide a greater flexibility to all traders.
We should highlight that although the majority of our trade alerts focus on the Forex market we are also issuing trade alerts in global indices and commodities in the global trade alerts plan as evident in our trade alerts performance. Joining our trading signals plans is a fairly smooth procedure.
The first step is to sign up for of our trading signals plans. We offer a range of plans to suit all types of traders. We use PayPal, a reputable payment service for all our subscribes.
We have been providing our forex signals and market analysis to online trader since 2014, we hope to see you joining us.