Downloading...
Download

Ecnbroker

Direct Access Trading SystemsDirect Access Trading Systems Direct access trading systems (DATS) offer traders a direct line to financial markets. By bypassing traditional brokerage routes, DATS enable swift, precise trading, essential for strategies reliant on speed and accuracy. This FXOpen article delves into the workings, benefits, and considerations of DATS, providing valuable insights for both seasoned and aspiring traders navigating the fast-paced world of modern trading. Understanding Direct Access Trading Systems Direct access trading systems (DATS) revolutionise how traders interact with financial markets, typically in the realm of stock trading. Unlike traditional brokerage platforms, these systems offer direct market access trading, a method allowing traders to place orders directly into the market's electronic order book. Such immediate access is crucial for those who require precision and speed in their trading decisions. Traditionally, orders placed through brokers are processed internally before reaching the market, potentially causing delays. However, brokers with direct market access provide a conduit for traders to bypass these intermediate steps. These systems typically appeal to day traders and other short-term investors who value the ability to respond swiftly to market movements. Usually, direct access brokers list Level 2 quotes, where bid and ask prices alongside order sizes are given for the asset, providing an additional layer of valuable information. By offering a more direct link to financial markets, these systems may provide an enhanced trading experience that aligns with the needs of active traders. Selecting the best direct access broker for day trading involves considering several key factors. Traders look for platforms that offer high reliability and uptime, as any downtime can significantly impact outcomes. Speed of order execution is crucial in capturing market opportunities. Additionally, traders assess the fee and commission structure to ensure it aligns with their trading volume and strategy. How Direct Access Trading Systems Work DATS offer a sophisticated network that connects traders directly to financial markets. These systems use specialised software platforms, helping traders make efficient and swift operations: - Order Entry: Traders use the DATS platform to enter their orders. These platforms are equipped with various order types, such as market, limit, or stop orders, giving traders flexibility in how they execute trades. - Order Routing: After order placement, DATS route these orders directly to the market instead of through a broker. The process often involves Electronic Communication Networks (ECNs), which play a critical role. ECNs are automated systems that match buy and sell orders for assets, eliminating the need for intermediaries like traditional stock exchanges. They also provide a venue for trading outside traditional hours, offering greater liquidity and potential efficiency. - Execution: Orders are executed via these ECNs or other market venues. The rapid execution capability is a defining feature of DATS, enabling traders to capitalise on fleeting market opportunities. - Feedback and Reporting: Following execution, the system promptly provides feedback. Traders receive immediate trade confirmations, including execution price and time, essential in maintaining transparency and control over trading activities. Through this streamlined process, DATS offer a high-efficiency trading environment. Such a setup is particularly advantageous for strategies that require quick decision-making and execution, such as day trading or scalping. Advantages of Direct Access Trading Systems DATS offer several compelling advantages over traditional brokerage platforms, particularly for those who engage in frequent trading. These benefits cater to the needs of active traders seeking efficiency and control in their strategies. - Speed of Execution: DATS enable traders to execute orders almost instantaneously. Rapid processing is crucial in fast-paced markets where prices can fluctuate within seconds. - Enhanced Control: Traders have greater control over their orders, including the timing, price, and order type. This level of control is especially crucial in volatile market conditions. - Access to Real-Time Market Data: DATS provide real-time data, allowing traders to make informed decisions based on the latest market movements. - Lower Transaction Costs: By eliminating the middleman, DATS often result in lower transaction costs, a significant advantage for high-volume traders. - Customisation and Flexibility: Many direct access trading platforms come with advanced charting and analysis tools. These tools can be customised to fit individual strategies and preferences. - Direct Market Interaction: Traders can interact directly with market liquidity providers, potentially leading to better pricing and execution quality. Risks and Considerations While these systems offer several advantages, they also come with inherent risks and considerations: - Increased Complexity: DATS are typically more complex than traditional brokerage platforms. They require a sophisticated understanding of market dynamics and trading strategies, making them better suited for experienced traders. The complexity also extends to the technological infrastructure needed to use these systems, which may involve higher setup and maintenance costs​​. - Higher Costs: Using DATS may be more expensive than traditional online brokers. The costs go beyond technology requirements; for example, the price of direct access trading systems and the commissions for trades can be higher. This aspect makes it vital for traders to evaluate the cost-benefit ratio of using DATS compared to other trading methods​​. - Stricter Trading Rules: Direct market access often comes with more stringent rules. This could include tighter regulations around repeat dealing, deal rejections if trading outside normal market sizes, and potential penalty fees for inactive accounts​​. The Bottom Line In summary, direct access trading systems may enhance efficiency, offering speed, control, and direct market insights. However, they require a careful approach due to their complexity and cost. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:TSLAEducation
by FXOpen
1
NASDAQ US100 Chart Analysis June 16 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ US100 ZeroMarket Chart Analysis for June 16. This is a 30 minute chart long position strategy. Orange resistance / green support line convergence The direction seems to be determined. * When the red arrow moves Long position strategy. 14049.1 Point long position / Stop loss when breaking the green support line * When the light blue finger moves Short -> Long Switching Strategy 14035.2 Point Short Position / Stop Loss on Breaking Orange Resistance Line 13966 Point Long Position Switching / Stop Loss When Breaking Red Support Line Trade safely with a stop-loss essential. Thank you.
ULong
by BitCoinGuide
June 16 US100 NASDAQ Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ US100 ZeroMarket Chart Analysis for June 16. This is a 30 minute chart long position strategy. Orange resistance / green support line convergence The direction seems to be determined. * When the red arrow moves Long position strategy. 14049.1 Point long position / Stop loss when breaking the green support line * When the light blue finger moves Short -> Long Switching Strategy 14035.2 Point Short Position / Stop Loss on Breaking Orange Resistance Line 13966 Point Long Position Switching / Stop Loss When Breaking Red Support Line Trade safely with a stop-loss essential. Thank you.
ULong
by BitCoinGuide
GBPUSD FX margin Chart Analysis June 9 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin GBPUSD FX margin ZeroMarket Chart Analysis for June 9. This is a 30 minute chart long position strategy. Stop Loss when it breaks the purple support line / 1.41731 Point long position entry section. The final target is the green resistance / 1.42401 points. When the blue resistance line is break away, In the medium term, there may be an uptrend. I hope that you operate safely as a principle of trading / stop loss is essential. Thank you.
Long
by BitCoinGuide
June 9 GBPUSD FX margin Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin GBPUSD FX margin ZeroMarket Chart Analysis for June 9. This is a 30 minute chart long position strategy. Stop Loss when it breaks the purple support line / 1.41731 Point long position entry section. The final target is the green resistance / 1.42401 points. When the blue resistance line is break away, In the medium term, there may be an uptrend. I hope that you operate safely as a principle of trading / stop loss is essential. Thank you.
Long
by BitCoinGuide
2
XAUUSD Gold Chart Analysis June 2 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin XAUUSD Gold ZeroMarket Chart Analysis for June 2. This is a 30-minute chart short position strategy. Short -> Long -> Short switching strategy. Trading strategy fails when the green resistance line is break away. Even if sideway move today, Failure to break the green resistance line next day It may drop further. The final target is the smile section. Today's strategy ends here. Have a nice evening. Thank you.
OANDA:XAUUSDShort
by BitCoinGuide
June 2 XAUUSD Gold Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin XAUUSD Gold ZeroMarket Chart Analysis for June 2. This is a 30-minute chart short position strategy. Short -> Long -> Short switching strategy. Trading strategy fails when the green resistance line is break away. Even if sideway move today, Failure to break the green resistance line next day It may drop further. The final target is the smile section. Today's strategy ends here. Have a nice evening. Thank you.
OANDA:XAUUSDShort
by BitCoinGuide
NASDAQ US100 Chart Analysis May 31 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for May 31. This is a 30-minute chart neutral strategy. Because it is currently pole sideway move without waves It seems that the direction is determined in the section where the up or down wave comes out first. Today, we expect a moderate level of sideway move. "When the red arrow moves Long -> Short Switching Strategy Green Support Line Stop Loss / Long Sky Blue Resistance Stop Loss / Short * When the light blue finger moves Short -> Long Switching Strategy Orange Resistance Stop Loss / Short Red Support Line Stop Loss / Long In the case of a sideways trade, it is a good section to trade in the opposite direction. If there is no deviation from the red support line, there seems to be no problem. Please , Principle trading / Stop loss is essential, and operate safely. Thank you.
U
by BitCoinGuide
NASDAQ US100 Chart Analysis April 28 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for April 28. This is a 30-minute chart short position strategy. Green Resistance Line Stop Loss / Short Green Support Stop Loss / Long When the additional green support line leaves the bar It can fall significantly, In case of successful entry into the short Please take a position with a stop loss correction. Thank you.
UShort
by BitCoinGuide
NASDAQ US100 Chart Analysis April 28 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for April 28. This is a 30-minute chart short position strategy. Green Resistance Line Stop Loss / Short Green Support Stop Loss / Long When the additional green support line leaves the bar It can fall significantly, In case of successful entry into the short Please take a position with a stop loss correction. Thank you.
UShort
by BitCoinGuide
USDCAD FX Chart Analysis April 26 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin USDCAD ZeroMarket FXmargin Chart Analysis for April 26. This is a 30-minute chart short position strategy. *Red arrow on the path of move. Short -> Long switching strategy. Each entry section is a stop loss. Sideway move. *When the sky blue finger moves, Short -> Long switching strategy. Red resistance stop loss when entering short entry. At the final red support line, long position switching. (If you fail to deviate from the sky blue support line, it will go sideways) Big short strategy. That’s all for today’s strategy Stop loss is essential, so please trade safely. Thank you.
Short
by BitCoinGuide
April 26 USDCAD FXmargin Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin USDCAD ZeroMarket FXmargin Chart Analysis for April 26. This is a 30-minute chart short position strategy. *Red arrow on the path of move. Short -> Long switching strategy. Each entry section is a stop loss. Sideway move. *When the sky blue finger moves, Short -> Long switching strategy. Red resistance stop loss when entering short entry. At the final red support line, long position switching. (If you fail to deviate from the sky blue support line, it will go sideways) Big short strategy. That’s all for today’s strategy Stop loss is essential, so please trade safely. Thank you.
Short
by BitCoinGuide
USoil Crudeoil Chart Analysis April 23 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin USoil Crudeoil ZeroMarket Overseasfutures Chart Analysis for April 23. This is a 30-minute chart long position strategy. Violet support live break away, stop loss *Red arrow on the path of movement This is a long position strategy. Stop Loss / Violet Support line Broken. The final target is the red resistance line. *At the time of the sky blue finger movement path Long Position Strategy A stop loss is a Broken from the purple support line. That’s all for today’s strategy I wish everyone a good weekend Thank you.
TVC:USOILLong
by BitCoinGuide
April 23 USOIL Crudeoil Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin USoil Crudeoil ZeroMarket Overseasfutures Chart Analysis for April 23. This is a 30-minute chart long position strategy. Violet support live break away, stop loss *Red arrow on the path of movement This is a long position strategy. Stop Loss / Violet Support line Broken. The final target is the red resistance line. *At the time of the sky blue finger movement path Long Position Strategy A stop loss is a Broken from the purple support line. That’s all for today’s strategy I wish everyone a good weekend Thank you.
TVC:USOILLong
by BitCoinGuide
April 21 GBPUSD FXmargin Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin GBPUSD ZeroMarket FXmargin Chart Analysis for April 21. This is a 30-minute chart neutral strategy. The fluctuations can be large today, so Please be careful. *Red arrow on the path of movement Orange Support Stop Loss / Long Position Strategy *Blue arrow on the path of movement Green Support Stop Loss / Long Position Strategy If you fail to break through the green resistance line, *Purple finger movement path Short -> Long switching strategy. That’s it for today’s strategy. Stop loss is essential, Please trade safely. Thank you.
by BitCoinGuide
USDJPY FX Chart Analysis April 19 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin USDJPY ZeroMarket FXmargin Chart Analysis for April 19. This is a 30-minute chart short position strategy. *Red arrow on the path of movement Green Resistance Line Stop Loss Short -> Long switching strategy. You should completely break away the green support line. *In case of light blue finger movement path Short -> Long switching strategy. Green Resistance Line Stop Loss The final light blue support line is the target. Stop loss is essential Please Trading safely. Thank you.
Short
by BitCoinGuide
April 19 USDJPY FXmargin Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin USDJPY ZeroMarket FXmargin Chart Analysis for April 19. This is a 30-minute chart short position strategy. *Red arrow on the path of movement Green Resistance Line Stop Loss Short -> Long switching strategy. You should completely break away the green support line. *In case of light blue finger movement path Short -> Long switching strategy. Green Resistance Line Stop Loss The final light blue support line is the target. Stop loss is essential Please Trading safely. Thank you.
Short
by BitCoinGuide
NASDAQ US100 Chart Analysis April 16 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for April 16. It's a 30-minute chart long position strategy. *Red arrow on the path of movement Long Position Strategy Stop loss when the green support line is deviated The final target is the green resistance line at the top. *At the time of the sky blue finger movement path Short -> Long switching strategy When entering short, Stop loss when breaking the orange resistance line The final red support line is long position switching. Stop-loss is essential and I hope you operate safely. Nice work this week. Have a good weekend Thank you.
OANDA:XAUUSDLong
by BitCoinGuide
EURUSD FX Chart Analysis April 12 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin EURUSD ZeroMarket FX margin Chart Analysis for April 12. It is a 30-minute chart neutral strategy. Overall, the downtrend is strong. Pay attention to the convergence section of the green resistance line / purple support line. * Red arrow on the path of movement, Long -> Short switching strategy. Long Entry / Purple Support Line Stop Loss Short position switching on the purple resistance line. *Blue finger movement path Short -> Long switching strategy. Short entry / Stop loss on the orange resistance line Long Switching / Orange Support Line Stopped Stop loss is essential I hope you operate safely. Thank you.
by BitCoinGuide
April 12 EURUSD FX Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin EURUSD ZeroMarket FX margin Chart Analysis for April 12. It is a 30-minute chart neutral strategy. Overall, the downtrend is strong. Pay attention to the convergence section of the green resistance line / purple support line. * Red arrow on the path of movement, Long -> Short switching strategy. Long Entry / Purple Support Line Stop Loss Short position switching on the purple resistance line. *Blue finger movement path Short -> Long switching strategy. Short entry / Stop loss on the orange resistance line Long Switching / Orange Support Line Stopped Stop loss is essential I hope you operate safely. Thank you.
by BitCoinGuide
April 5 NASDAQ US100 Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for April 5. This is a 30-minute chart short position strategy. Purple resistance line over shuting If the orange support line deviates, the maximum red support line * Red arrow on the path of movement, Long -> Short switching strategy. Green Support Line Stop Loss / Long Position Blue Resistance Line Stop Loss / Short Position *At the time of the sky blue finger movement path Short -> Short -> Long switching strategy. Breaking through the orange resistance line, trading strategy failure First, if you support at the orange support line, you're sideways. You can go down to the maximum red support line. Stop loss is essential and I hope you operate safely. Thank you.
UShort
by BitCoinGuide
NASDAQ US100 Chart Analysis March 26 Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for March 26. This is a 30-minute chart long position strategy. Within the green parallel line, It seems like the direction will be decided. Purple resistance line over shuting section. If, break away the red support line, you can go down to the purple finger zone. * Red arrow on the path of movement, Long -> Short switching strategy. Peak clearing, short switching. Long entry, orange support line stoppage When entering short, stop loss of green resistance line *On the path of the sky blue finger movement, Short -> Long switching strategy. Short entry, purple resistance line stoppage Long entry, green support line stoppage That’s it for today’s strategy. Have a nice weekend everyone, See you next week Thank you.
ULong
by BitCoinGuide
March 26 NASDAQ US100 Chart Analysis Hello, “Make it simple, make profit” It’s BitcoinGuide. Don’t forget to “Follow” me and press “Likes”. If you "follow" press, In real time, you can check major sections and move, Real-time "update I dea" can be checked. I will begin NASDAQ ZeroMarket US100 Chart Analysis for March 26. This is a 30-minute chart long position strategy. Within the green parallel line, It seems like the direction will be decided. Purple resistance line over shuting section. If, break away the red support line, you can go down to the purple finger zone. * Red arrow on the path of movement, Long -> Short switching strategy. Peak clearing, short switching. Long entry, orange support line stoppage When entering short, stop loss of green resistance line *On the path of the sky blue finger movement, Short -> Long switching strategy. Short entry, purple resistance line stoppage Long entry, green support line stoppage That’s it for today’s strategy. Have a nice weekend everyone, See you next week Thank you.
ULong
by BitCoinGuide
2