1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Extracted Post (per poster's request) 0 replies
Trading 24 hours per day, 5 days per week 14 replies
DislikedHi Rocky
I'm reading through your thread a learning a lot. Could I ask where you get your data from? I'm interested in seeing the volume. Is it through your broker? If so, who is your broker?
Regards
PeterIgnored
DislikedHi Rocky
Thanks very much for a very comprehensive approach. Is it possible to post he ninjatrader template and indicators for your chart. As you know ninja has much better and more accurate volume data than the crap mt4.
Kind RegardsIgnored
DislikedHi Rocky, still paging through the thread, quick question? am I in the right track. Any advice?Ignored
Dislikedhttp://www.forexfactory.com/attachme...1&d=1333669004 (http://www.forexfactory.com/attachment.php?attachmentid=936898&d=1333669004)
AttachmentIgnored
DislikedHi Rocky,
This long which you have mentioned prior NFP.. once the price moves up , the demand zone above it , the price on reaching there , does it expect more demand there ? similarly the pitchfork , wont it act as a resistance ?
Also why would you not take a long entry at the previous demand zone since that too tallies with Fibs. Why wait for the this present one.
thanksIgnored
DislikedHi
Sorry for barging in. I have researched the volume issue quite extensively. I use simplified VSA for general direction of the market. People who use VSA say that since volume is activity and tick volume is indicative of the level of activity then tick volume in forex is avlid. On the face of it this seems to be a valid argument. BUT and this is a very big BUT, mt4`s tick volume is notoriously inaccurate and even then it is only indicating the volume of the brokers books. At best this would only indicate only 15% of the total forex spot volume....Ignored
Dislikedcan anybody please tell me if this is a good supply zone. and that based on the 4 hour chart only. i wana be able to identify supply and demand zones, once i get that right then look at higher timeframes to see how far or close i am to higher timeframes demand and supply zones..Ignored
DislikedHi Rocky,
are you long on EURUSD right now?
If so,what is your target?
Thanks!
- MarcIgnored
Dislikedcan anybody please tell me if this is a good supply zone. and that based on the 4 hour chart only. i wana be able to identify supply and demand zones, once i get that right then look at higher timeframes to see how far or close i am to higher timeframes demand and supply zones..Ignored