- Search Forex Factory
- 27 Results
- tzkennedy replied Feb 29, 2016
A quick question about how you use the curve. On the attached daily chart, I have the USDCAD at 13% on the weekly curve, but it hasn't yet reached the demand zone. If price retraces up to the daily supply at around 1.37 before going any lower, would ...
- tzkennedy replied Feb 17, 2016
Hi Tipster, just come across this and it looks useful. Just to check, will it calculate % lot sizes correctly on a GBP account? And can I simply use it to place 2x pending orders (I.e. one trade with two targets) then switch the MT4 off? I realise ...
- tzkennedy replied Apr 6, 2014
(Thanks Jim for the tips - got it working!) I'm considering going long USDCAD at 1.0935. Price is currently at an (aggressive) weekly ascending trend line: image The daily level we're at is not fresh, but it caused a strong reaction which broke ...
- tzkennedy replied Apr 4, 2014
Thanks Jim - but I don't seem to have that setting for some reason. I have the latest version of Rectangle Reader as far as I can tell...
- tzkennedy replied Apr 4, 2014
Thanks again Alfonso. Can I just ask where I can get the basing bars indicator? I have signed up, and I have the other indicators working but not that one. TzK.
- tzkennedy replied Apr 4, 2014
Thank you for your reply. I'm not sure I quite understand your calculations. It seems to me that a R:R of 2:1 (reward:risk) and a success ratio of 50%, or even 40%, would be profitable. 100 trades = 40 wins @ 2%, 60 losses @ 1% = 20% gain. With a ...
- tzkennedy replied Apr 4, 2014
Thanks Negi - so in this situation, we just need a R:R of 2:1 or more? I'll study those rules again!... Another question. Why 3:1 minimum targets? Seems to me 2:1 (or even 1:1) would be fine too. You'd get a better win rate, but lower average win. ...
- tzkennedy replied Apr 3, 2014
Hi Alfonso, A quick question about one of the images on post #1. Where you say 'Price drops creating new H4 supply level', that levels doesn't seem to have removed previous demand before it is used as an entry. Have I misunderstood something here? ...
- tzkennedy replied Mar 15, 2014
Hi, Could you clear another aspect up for me please? I took a long H1 trade on USDCHF on Friday, as we are low in the D1 curve (according to my calculations). I closed for a small profit as it was Friday. But should I wait until the D1 demand level ...
- tzkennedy replied Mar 13, 2014
Alfonso, I wondered what your thoughts were on time of day for trading S&D levels? Trading the H1 chart, for example, do you think levels should only be traded if they are hit during active trading hours? I assume this to be the case for very small ...
- tzkennedy replied Feb 10, 2014
Hi Alfonso, Thanks for your detailed reply. You raise some interesting points. My justification would be: I try to avoid paralysis by analysis (a problem for me in the past), by sticking largely to 2 timeframes (D1 for trend/curve, H1 for ...
- tzkennedy replied Feb 9, 2014
Alfonso, Great thread, congratulations. I've been trading S&D for a while now, watching Sam Seiden's videos etc., and recently starting to have some success, but your thread has certainly helped clarify a few things. One thing I still have a little ...
- tzkennedy replied Nov 25, 2012
Thanks for the IB tip shrike. I'm only using a couple of grand to start with to test the water with my EAs, see how they perform. If I decide to deposit more, I will re-join via fxmtf.
- tzkennedy replied Nov 24, 2012
Hi all, I've just signed up with LMAX (via forextown IB), and hope to start EA trading on their MT4 platform next week. However, I was a little disturbed to read early posts on this thread which suggest stops won't be activated in extreme market ...
- tzkennedy replied Nov 8, 2012
Thanks Bollo. It looks to me as though the level you marked was touched almost immediately after it formed, which would mean demand was at least partly used up there. Am I on the right lines Ken/anyone?
- tzkennedy replied Nov 7, 2012
Hi Bolo, Could you show your setup with lines enclosing the level, on the trading timeframe? It's not quite clear to me from your screenshot what you've seen as an A+++ level. Thanks.
- tzkennedy replied Nov 7, 2012
Very cool! You can see ours on our production company website (although this was taken when it was in Amsterdam): http://Www.boatyardproductions.co.uk
- tzkennedy replied Nov 7, 2012
Trading on boats! — Hey Ken, working my way through all the old posts and just discovered you're a fellow boat dweller! I live on a Dutch barge in Bristol, UK. Let's make sure our accounts stay afloat during these markets! (Sorry, that was ...
- tzkennedy replied Nov 6, 2012
Trade management — I should add to my last post, sorry if it seems off topic. But I mean for it to be used with S&D trading only, and therefore might be a useful exercise to discuss what automatic management settings would be best. It might ...