 Show Posts
|
|
Pages: [1]
|
Unfortunately you have to wait until you increase in rank before you are able to upload images on the forum. I understand you want to upload some of what trade you have picked plus the success rate and losses. Meanwhile I thought you wanted to talk about derivative strictly but you are yet to do that, only FX and cryptocurrency.
Thank you for the feedback and clarification on uploading images. If there is anything specific you would like us to post in this thread, can you write what derivatives interest you the most? |
|
|
|
We would like to take a moment and talk about we are offering aside the crypto signals.
Some individuals or entities prefer holding onto cryptocurrencies for some time rather than trading. We have a small list at the moment of cryptocurrencies we suggest holding as a long-term investment.
Please note we have our own crypto portfolio, however, we refrain from listing any tokens with poor liquidity and volumes. We have no intention of facilitating a pump-and-dump activities.
Despite ETH recent sell-off, some of our tokens are holding.
All of the above is included in the crypto plan as well as ETH forecasts.
In the forex signals, we have a trades performance of more than 7 years. The track record includes profits and losses that were made. There were consecutive profitable months and there were consecutive losses.
All is available on our website, which we are inviting you to assess: https://www.ddmarkets.com/
|
|
|
|
It is an interesting discussion.
There are few guidelines for choosing trading signals in any markets. We will say upfront that we are providing trade alerts. The majority of the signal services on telegram do not provide any type of track record.
If the performance of the signals is great, why not provide some track record of it? Second point, if a performance is provided, is just the performance just for several weeks, months or years?
Anyone can have a good month, several months and even a year. When you have a 3-year track record you will see how the trader handles the trades when the market turns against him consecutively.
Many buckle under the pressure and try to recover as soon as possible, which is a classic psychological error that often leads to greater losses.
Thirdly, as some already said, no strategy can withstand any market conditions. Any services that claim to have a 90% success rate or even 80% success rate should be taken with a pinch of salt.
Fourthly, some signal providers provide multiple take profit orders (TP1, TP2, TP3, TP4 etc.). Many followers struggle to decide which take profit to choose and how to manage the trade as some providers do not send any updates on their trades.
We have a +7-year track record in FX and commodities (mostly FX). In our performance you will see negative phases and positive phases. It's all there. For cryptocurrencies, the performance is still short but we trust our FX performance will act in our favor.
As we cannot upload any images, we invite everyone to review and comment on our (now free) Ethereum forecast that was published at the beginning of April prior to the Shapella upgrade.
Ethereum Forecast April 2023
|
|
|
|
FX Update
We have recently initiated a new trade that was delivered to all members in the FX markets. Since the beginning of April over +300 pips were realized via 3 trades (all in the crosses).
While it may appear we only initiate several trades per month, it greatly depends on the market volatility and our ability to recognize the trend.
Cryptocurrencies Update
Regarding our long-term cryptocurrencies basket, 1 cryptocurrency (over 10M marketcap on ETH) has outperformed, over +400% gains at the time of this writing.
Regarding the crypto signals, we have been more conservative. Our recently closed trade was in Cardano (ADAUSD) with some profit.
All details regarding the trades, setups and outcome are available on our website.
Official website: ddmarkets.com
|
|
|
|
Our recent Ethereum forecast is now accessible to everyone. We use raw price action for determining an entry or projection. Do note that this is a forecast and not a signal. Our forex and crypto performance were are also up-to-date. https://www.ddmarkets.com/ethereum-forecasts-and-price-predictions/
If there are any comments or questions, you can contact us via the website or write them here. |
|
|
|
An update on the above setup: Chart: https://ibb.co/BNDbHK1The price posted a minor close above the resistance (similar to our prior strategy that we posted here). The entry was still relevant as it was not a firm 60min close (with crypto we are more flexible than traditional instruments). There was an effort to take out orders that were placed just above the hourly high before tumbling lower. Please note that in our crypto signals that we sent to our clients on our website, we provide an entry price, stop, take profit, estimated duration and more. |
|
|
|
Bitcoin Setup
Chart: https://ibb.co/10sx09ZOnly if the price fails to post an hourly close above 28,300 (approx.), we may see some retracement towards 28,200.
|
|
|
|
To further develop the crypto signals, we have added a new section focusing solely on Ethereum forecasts. The ETH forecasts provide our expected trend and targets for Ethereum in the medium-term and long-term. Similar models that we have been using for the forex signals is applied for ETH forecasts and price prediction. It is designed for crypto firms, financial firms, local businesses and investors that wish to receive professional and accurate outlook for Ethereum. At the time of this writing, the forecasts are part of the crypto plan we are offering. Visit our website for more info: https://www.ddmarkets.com/We may add another setup in the forum some time today as we have done previously with ETHUSD. |
|
|
|
|
Others wrote this as well. There are many scammers out there. The best advice is not to trade things you do not understand. Take the time to learn first and understand the risks. Bear in mind you can lose everything and that it is an amount you are willing to depart.
If trading is too much for you, look into staking but again, understand the risks and yes, everything has risks in trading including stocks, options etc.
|
|
|
|
We will be here later, this is the progress of BTCUSD intraday strategy as seen above:  The price did post a minor close above the resistance line (former support), which is generally insufficient to negate the entry. Only a firm close above invalidates the entry. We kept the strategy simple for all. We are aware some might think it is a one-off or 'lucky call.' We are very good in what we do. We hope to demonstrate it over time. (until we figure how to upload images directly here, we will use imgbb) |
|
|
|
A small introduction about us. We have been providing FX trading strategies for almost 10 years. The strategies are based on a combination of technical and fundamental analysis. We are not using many indicators, most of the entries are based on raw price action. No bots, all the research is done manually. There is no telegram group (although there are imposters), all the strategies can be viewed on our website. Regarding cryptocurrencies, it has been recently continued. The performance is still minor compared to FX. We have a small crypto portfolio (not more than a few thousands) initially it was all over the place, we have narrowed it down to a handful of tokens and we are always looking out for innovative tech. As we are also holding tokens at their early stage, we will not post entries on any illiquid tokens so we will not be mistaken for carrying pump and dump schemes. It is important to highlight that we will not succeed on every entry. We are not striving for 100% success. We are not oblivious to the number of scammers in the crypto space. What we would like to do is post some of our strategies here. The community can assess what we offer in real time. Likewise, if there are any specific tokens you would like us to cover in this forum, please reply. We will do our best. As bitcoin is quite popular, we will focus on btcusd as a our first strategy. BTCUSD 4hr Chart
 BTCUSD is kept in a range as seen in the 4hr chart. BTCUSD 30min Chart
BTCUSD is testing a 30min resistance at around $28,290 at the time of this writing. In an event the price will be unable to post a 30min close above the resistance (in about 4 minutes from now), some weakness may be seen.  The target is such a scenario is 28,150. Should the price close above 28,290, it invalidates the entry. If someone can please explain how to upload images that will be nice. |
|
|
|
|
To clarify, market conditions change. Take the 2008 crisis as an example. When central banks loosed their monetary polices, the market conditions changed. When central banks began tightening their monetary policies, conditions changed again.
The same applies to crypto. Market conditions change, certain strategies will only work under certain conditions. In theory, the same conditions that were present initially can repeat themselves. When? Nobody knows until it happens.
(experienced traders should understand the above).
|
|
|
|
|
There are many trading strategies, price action does produce good results. The problem you might face is that price action used in Forex or other instruments will not produce the same results in crypto.
Some adjustments are needed, which you will discover over time. Due to the current correlation to US indices, you can try carrying your price action strategies on the indices, which may perhaps reflect in crypto, eth and btc mainly.
If you are new to trading, crypto is probably the worse place to begin. Try forex pairs first and progress from there.
|
|
|
|
|
