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- DaveW replied Dec 26, 2010
I AM ON fxdd and the time on the bar is that of the close (I checked it with the price on the 5 min bar at the indicated time). The bar starts at the time of the previous bar close. As with back checking, and indeed forward checking, no two traders ...
- DaveW replied Sep 30, 2009
NY Trading — SlushFund. You hit the nail on the head. This is boring. Frankfurt/London was a 2 hr wait until they trade was there. Ny was a 18 min wait and the trade closed in 14 mins. Once you get the hang of this type of trading it becomes ...
- DaveW replied Sep 30, 2009
London Trading — No opportunity at Frankfurt and London was a while before it came through. This way of trading may not be everyone's cup of tea but it suits me, pure PA action, the momentum indicators are there as an aid as they give me a ...
- DaveW replied Sep 29, 2009
Trading Hours — Hi Ferrari I only trade those times when the Stock Markrts open and the wheelers and Dealers are pushing the prices due, I suppose, to traders having to open and close positions to allow them to trade in the stocks. I therefore ...
- DaveW replied Sep 29, 2009
Asian Trading — Not a lot to say, +7 pips
- DaveW replied Sep 29, 2009
FXDD Gmt +3 (I think)
- DaveW replied Sep 29, 2009
NY Trading. — In at 131.26 out at 131.33, +7 pips, and so to bed.
- DaveW replied Sep 29, 2009
Oanda and Frankfurt — Hi Bali. Frankfurt is one hour earlier than the UK at the moment. For info on Oanda I suggest that you visit their forum and get a general overview from all their users. Regards Dave W
- DaveW replied Sep 29, 2009
Do they do those things in matching pairs?
- DaveW replied Sep 29, 2009
To 45FxGuy — Here is my template as requested. I don't have the mql for the Mi, the eq seems to work fine on my setup.
- DaveW replied Sep 29, 2009
Hi Ferrari I have found that often the Mom will dip down to the 99.95 or climb to the 100.05 before retracing. The moves with momentum behind them will cause the Mom to climb/fall above/below these levels and when the block closes with the Mom ...
- DaveW replied Sep 29, 2009
London Trading. — Missed the tail end of Frankfurt so had to wait for the Brits to finish their cup of tea but got in at 131.34 and out at 131.27 for +7 pips. Had to work for a whole 8 mins this time - need a nap now. Hi Slushfund. There are ...
- DaveW replied Sep 28, 2009
Asian Trading. — I apologise for the absence, had a big event to organise for last weekend, but back trading again. The eur had closed it's block at 131.25 with the MI below 99.95 so waited for the gbp to do the same (aud was following down). ...
- DaveW replied Sep 25, 2009
NY trading. — Pips there for the taking
- DaveW replied Sep 24, 2009
Asian Trading — Still not trading, busy organising a big event for this weekend. Just watched this mornings action before I left, Once both the gbp and eur closed their blocks below the 99.95 then the eur was good for at least an 18 pip move.
- DaveW replied Sep 22, 2009
Hi Thierry. Thats it, 10 brick size anchored at the xxx5. Convenient, as if I enter the trade at the beginning of the brick then +7 with the spread of 3 makes the close of the brick the t/p. I like keeping it simple.
- DaveW replied Sep 22, 2009
Hi Gene. Welcome to the thread, although it is pretty quiet at the moment. The red lines are simply vertical lines I place on my charts to show where the bricks have closed painting the Mom either below/above the 99.95/100.05 levels. The theory is ...
- DaveW replied Sep 18, 2009
Thanks — Hi Noel. Thanks for pointing that mistake on the MI. I posted the latest charts from my lap-top and somehow I had the wrong setting. DaveW
- DaveW replied Sep 18, 2009
Pair to trade — Hi 4xStar. Answer to your question is in my previous post to Behr. I stick with trading the eur/jpy as the spread is low and the action not as volatile as the gbp/jpy. The Aud/jpy is there for re-inforcement so as long as it is ...
- DaveW replied Sep 18, 2009
Hi Fernando. Although I have the HLMA on the chart I don't really use it. However, it does look pretty - all those colours ! I am a simple soul and like a simple life so have decided to go with something that doesn't need a lot of brain power and is ...