Euro we may be seeing a break of the deadlock here on H1.
Have just added another long position.
Have just added another long position.
2
Supply and Demand trading with Fibs 1,968 replies
Grid-Hedge Reboot 22 replies
Supply and Demand Swing Trading 25 replies
Synthetic Hedge Reboot Discussion 1 reply
autorun MT4 after a reboot 1 reply
DislikedEuro we may be seeing a break of the deadlock here on H1. Have just added another long position. {image}Ignored
Disliked{quote} I am in the same trade Simon, I couldn’t see any demand to the left on h1 but liked the price action. I’m mainly using h1 as my entry timeframe. Im looking for s/d zones That are either dbr/rbd and take out a high/low that means a change of trend. The other s/d zones I’m looking for are rbr/dbd that take out an s/r level. Im looking for price action on the h1 at these zones for entry. lets see what happens with this eu trade.Ignored
DislikedEuro we may be seeing a break of the deadlock here on H1. Have just added another long position. {image}Ignored
DislikedBeen trading/monitoring EURCAD today, and EURJPY as well as EURUSD and GBPJPY (a pair I can't let go of for sentimental reasons!) It's still a quest to find the right balance between the number of pairs monitored against my own ability to trade them when the alerts sound. I definitely achieve better results and suffer a lot less from fatigue when not having to alt+tab all the time. I'm finding 6 x pairs @ M5 TF is ideal for intraday. But real-estate is still an issue. For some reason, analysis seems more straightforward when the charts are full-screen,...Ignored
Disliked{quote} A big 4k screen will certainly help. You can then have 4 full screen charts (at HD resolution) fully on display. Another idea is to use MT4 profiles and use a 3rd party hotkey manager to assign the arrow keys to the profiles and flick through them with a single click. For example, each profile can have 4 x full screen time frames on display. Profile 1 = EURUSD - D1/H4/M30/ M5 Profile 2 = GBPUSD D1/H4/M30/ M5 Profile 3 = USDJPY - D1/H4/M30/ M5 You can add as many profiles as you feel comfortable with and the real estate is great.Ignored
DislikedC-12 & Simon 1 4k monitors is good.... but 2 4k monitor will take your trading to another level if you're a PA trader. I am talking from experience and here I am attaching 2 screenshots for you to see and compare. Eur/Usd 1h chart,normal candles 2 months of data in 1 screen. {image} Eur/usd 1h chart,maz zoom out,6 month of data in 1 screen {image} and here is a screenshot of 2 4k's side by side... {image} P.S You will need a professional charting software and MT is not one of that. Personally I use Sierra Charts for charting and it is...Ignored
Disliked{quote} Cheers t, I'll take a look. Re, Sierra Charting does it come with a ZigZag indicator? Obviously next question, Is it possible to set the indicator and have it emulate the zones like supdem does in MT4?Ignored
Disliked{quote} My understanding of supdem is that it uses the MT4 zigzag indicator with settings 3,2,2 to identify zones, which it then then basically places rectangles around. The options for these settings seem unique to MT4's zigzag (I took a look at one of FXStreet's zigzag indies and it doesn't come close). Standard MT4 zigzag variables and settings: {image} I could work without supdem but it would be a lot of effort and probably beyond my ability to work with 6 x pairs on M5 intra-day charts.Ignored
Disliked{quote} Cheers t, I'll take a look. Re, Sierra Charting does it come with a ZigZag indicator? Obviously next question, Is it possible to set the indicator and have it emulate the zones like supdem does in MT4?Ignored
DislikedEu short with tp1 {image} eu ended on be @ tp1 {image} AUD USD Before {image} After. Tp 1 reached {image}Ignored
DislikedC-12 & Simon 1 4k monitors is good.... but 2 4k monitor will take your trading to another level if you're a PA trader. I am talking from experience and here I am attaching 2 screenshots for you to see and compare. Eur/Usd 1h chart,normal candles 2 months of data in 1 screen. {image} Eur/usd 1h chart,maz zoom out,6 month of data in 1 screen {image} and here is a screenshot of 2 4k's side by side... {image} P.S You will need a professional charting software and MT is not one of that. Personally I use Sierra Charts for charting and it is...Ignored
Disliked{quote} Yes, SierraChart has a very complex ZigZag indicator, with a serious amount of options. Here the documentation However using Sierra just for this is like taking the private helicopter to get out to buy cigarettes.Ignored
DislikedIf if you use Lmax as a broker you can execute directly from Sc. {quote}Ignored