Dislikedthanks mkb1272,
I am still on page 16 or so. Need to take a break and grasp what i have learned so far. I will download and use the template to see how it works.Ignored
Ok, don't forget to watch the free Hector video's
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Dislikedthanks mkb1272,
I am still on page 16 or so. Need to take a break and grasp what i have learned so far. I will download and use the template to see how it works.Ignored
Disliked
How you doing ? Anything trading this week ?
Hey mkb1272 I heard your football team took a hit (not that you care).
ZEE GERMANZ !! LOL. (said in a crazy, fanatical, Hitler, German voice)
Ignored
DislikedOh yeah I've been cosidering a discussion we all had a while back, when Custos was talking about loading up the lot sizes on less volatile pairs like e/g.
Now, at the time I had dismissed this outright as a waste of time. But over the past few weeks I keep finding my mind drawn back to that conversation, and the more I think about that concept, is the more I can see that as a useful strategy during certain times in the market. Or even usin the concept in slower markets, say Sydney, or Tokyo. I'm not sold on it competely, but, any thoughts?
BTW...Ignored
DislikedI am no expert in lot sizes, but I guess that the larger the pip distance between the SL and the opening-price, the smaller the lot size has to be for the same % risk in a trade, that's what I tried to tell KevinPham. I think the same can be done in different markets. I while ago I bought a EA that calculated the lot size depending on the opening price and the SL and the % risk in a trade.
Well, just like I said, I am just a beginner , don't know if this is what you mentIgnored
DislikedTwo charts of a demo trade I'm in right now, the first is the trigger H4 chart, the second the H1 setup.
H4 setup
Attachment
H1 trigger
Attachment
Target 1 (0.0 fib) is almost taken, so I will move the SL for T2 and T3 to BE+5..
The low of the last swing low, was not that much lower than previous swing low, is this a sign of the trend getting weaker?, and moving sideways for a while?
Like to hear some opinions ...Ignored
DislikedTwo charts of a demo trade I'm in right now, the first is the trigger H4 chart, the second the H1 setup.
H4 setup
Attachment
H1 trigger
Attachment
Target 1 (0.0 fib) is almost taken, so I will move the SL for T2 and T3 to BE+5..
The low of the last swing low, was not that much lower than previous swing low, is this a sign of the trend getting weaker?, and moving sideways for a while?
Like to hear some opinions ...Ignored
Dislikedbecause of the massive HTF S/R level in front of it, i didnt take that trade, otherwise, i like it. it has my favourite: the confluence of TL and S/R on h4 in addition to the usual hector requirements. Notice the same pattern on GBP/NZD...of course, the HTF s/r inteference.Ignored
Dislikedi see wat ur tryn to get but, u are supposed to be connecting the highs of the candle wicks to create a supply line(and vice versa for demand).. that cld cost uIgnored
Dislikedi see wat ur tryn to get but, u are supposed to be connecting the highs of the candle wicks to create a supply line(and vice versa for demand).. that cld cost uIgnored
DislikedHello Ngbans, I checked my lined, but can't find anything wrong with it. You talk about suply and demand lines, is this jargon used in the stock exchange?Ignored
DislikedThere's no problem with your charts, they look perfect. The only thing I would say would be that I would say the retracement trendline should be over to the right a few more bars in the Setup chart. Other than that PERFECT.
Is that template you're using a Hector Trader template ? I noticed you have the SMAs and the trend indicators at the bottom of your charts, whereas mine are on the top.Ignored
DislikedYes, these are the indicators and templates I downloaded from the Hector website. Next week, will be a live week again. I traded a few demo trades this week, all profitable (except one on a smaller TF).Ignored
DislikedNice !!
What URL do you have for Hector now? I only have the old one and the learnforexlive.com. Is there another ?Ignored
DislikedHey Shomari, this is the link I use for the Hector website:
http://www.learnforexlive.com/member...bers/index.php
Let me know if it is working or not, have to get some sleep now ...Ignored
DislikedYo guys, the Greek elections were good for Europe, but don't jump on the bandwagon, yet. France just elected Socialist lawmakers, which gives Hollande a strong hand , and he's anti-austerity, so he'll be battling Merkel of Germay.
Not to mention, G20 meetings this week. Anything these poiticians and administrators say can send the market wild (like an interet rate change), so stay away, until they finish.
Analysis
Stay out of the markets until G20 meetings finish, and the proposed remedy for the market turmoil is laid out in stark...Ignored
DislikedDid not find any good setups this morning, I only watch the H4 and D1 for setups, so I wait after the G20..Ignored