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Price is Everything Chat Room

  • #761
  • Nov 24, 2011 3:45pm Nov 24, 2011 3:45pm
  •  Atom
  • | Joined Jul 2010 | Status: An atom..no more..probably less! | 44 Posts
Quoting emene
PLEASE, for your own sake, go through our threads, for one week, without trading, and you ll get ur answer buddy. Enjoy, and welcome.

Price is everything, Romancing the price, and here. And also, ask Ifmyanta by PM, he'll love it
Thanks emene for the advice. I will follow it for sure. Eventhough I went through the two threads for four weeks (with trading). I will contact Ifm as per your suggestion, and as I follow and admire his posts...

Thanks again...and waiting for Venice for more insights
  • #762
  • Nov 24, 2011 4:10pm Nov 24, 2011 4:10pm
Eyeballin USD/NOK.
Possible long term opportunity, that's why i'm posting it here and not it red's thread. I don't trade this pair very often but i'm following it closely since two weeks now, it's looking nice. any comments are welcome.
My levels are commin from the daily and weekly chart.

S.
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Old Habits Die Hard.
  • #763
  • Nov 24, 2011 4:26pm Nov 24, 2011 4:26pm
Quoting Venice
3 is my big one. I don't put stops in generally, until protective pa is in place to protect the stop, other then an emergency wtf moment stop.

Sorry Venice but i don't understand that. Could you explain please bcs it is obscur for me.

If you could post a chart example to show me what you want to say and how you practise, i would appreciate.

thanks
I hear and I forget. I see and I remember. I do and I understand.
  • #764
  • Nov 24, 2011 11:21pm Nov 24, 2011 11:21pm
Quoting Shaggy_rock
Eyeballin USD/NOK.
Possible long term opportunity, that's why i'm posting it here and not it red's thread. I don't trade this pair very often but i'm following it closely since two weeks now, it's looking nice. any comments are welcome.
My levels are commin from the daily and weekly chart.

S.
looks in a rising wedge
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Have I got something on my face, SOLDIER?
  • #765
  • Nov 24, 2011 11:43pm Nov 24, 2011 11:43pm
Quoting emene
OK, so now we all know you direct porn movies.

Venice, please tell me, is it true.
- 888 Horse Power - Fast Momentum Speed Run Towards VICTORY
  • #766
  • Edited 12:25am Nov 25, 2011 12:04am | Edited 12:25am
Quoting flytox
Bonjour everyone.
To me M5 is very accurate. M1 is dangerous when liquidity is lacking. H1 is a good trend follower TF. H4 for weekly swingers.
I use M5 on MT4 with some spotting on M1. With my ECN i use H4 with some indies (filters) for weekly swings. This is that way cos i can't monitor all things.

Bonjour Flytox
For me, M5 is the same dangerous with M1,
But the other PIE trader can trade the M5 M1 timeframe happily.
so I assume experience will prove this.
maybe must practise a lot to have such experience.

Quoting flytox
BTW: I 'd like to know how are your monitoring setups, the number of screens, platforms etc.. I find it difficult to track on M5 more than 4 or 5 instruments.
I monitoring just One pair ,
i just need one screen and one platform.
This make me better, I'm more focus when monitoring one pair and free from stress, and no overtrading.


Best Regards,
DJ shan
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  • #767
  • Nov 25, 2011 12:25am Nov 25, 2011 12:25am
Quoting highlander2
currently using 6 monitors, but this is over kill. the reason i am is because i picked up identical 2nd hand monitors for a £10 each.
Hi, H2 may I know how long is your screen time using that number of monitor

Best Regards,
DJ shan
- 888 Horse Power - Fast Momentum Speed Run Towards VICTORY
  • #768
  • Nov 25, 2011 2:06am Nov 25, 2011 2:06am
Quoting highlander2
M5 is fast enough for me, the problem i have is getting the limit order in before a candle high or low breaks.

currently using 6 monitors, but this is over kill. the reason i am is because i picked up identical 2nd hand monitors for a £10 each.

Adding 1 extra monitor may be very easy depending on your computer, and ebay is full of cheap monitors, so you could add 1 at low cost if you want, i would say it would be money well spent.

if you want to add an extra monitor then i will be happy to discuss how to go about it if you dont know what to...
Thanks Highlander.
I have a unit with 2 monitors and another with a single one. On this latter i have 12 pairs displayed (24" screen) but i barely follow 4 to 5 pairs. I wasn't able to find an alerter that works. On my main unit I 'am trying to use multicharts with IB feed for futures, meanwhile looking at a big chart on MT4 for forex. All becoming rather messy.
Rien ne sert de courir il faut partir à point.
  • #769
  • Nov 25, 2011 2:24am Nov 25, 2011 2:24am
Quoting flytox
Thanks Highlander.
I have a unit with 2 monitors and another with a single one. On this latter i have 12 pairs displayed (24" screen) but i barely follow 4 to 5 pairs. I wasn't able to find an alerter that works. On my main unit I 'am trying to use multicharts with IB feed for futures, meanwhile looking at a big chart on MT4 for forex. All becoming rather messy.
I'm using 2 monitor 1 for Gold and one for my office work
  • #770
  • Nov 25, 2011 2:46am Nov 25, 2011 2:46am
Hi,

I'm using these Bull/Bears power indicator.
someone else also uses it.

what I understand from these indicators is current buy/sell trend.

+ve Bull +ve bear => Bulls are more strong and possible rise in PA.
+ve Bull No change bear => Bulls are buying but Bears believe in their sell
no change Bull -ve Bear => Bear are selling but Bulls Believe in their buy
-ve Bull -ve Bear => Bear are more strong and possible fall in PA

Does anybody else feel like this
or I'm Interpreting something wrong.
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  • #771
  • Nov 25, 2011 2:57am Nov 25, 2011 2:57am
Quoting jaimini
Hi,

I'm using these Bull/Bears power indicator.
someone else also uses it.

what I understand from these indicators is current buy/sell trend.

+ve Bull +ve bear => Bulls are more strong and possible rise in PA.
+ve Bull No change bear => Bulls are buying but Bears believe in their sell
no change Bull -ve Bear => Bear are selling but Bulls Believe in their buy
-ve Bull -ve Bear => Bear are more strong and possible fall in PA

Does anybody else feel like this
or I'm Interpreting something...
Price is Everything
Have I got something on my face, SOLDIER?
  • #772
  • Nov 25, 2011 3:07am Nov 25, 2011 3:07am
Quoting bumapatria
Price is Everything
  • #773
  • Nov 25, 2011 3:49am Nov 25, 2011 3:49am
Quoting Du Jin Shan
Hi, H2 may I know how long is your screen time using that number of monitor

Best Regards,
DJ shan
about 2 1/2 months. before that had my laptop and PC.
  • #774
  • Nov 25, 2011 3:58am Nov 25, 2011 3:58am
Hi all, hope you're well.

Couple of posts I made on the PiE thread that are probably more suitable for here, hopefully it may help somebody:

Quoting -nate-dogg-
I found something out today on MT4, regarding orders that some may find useful.

If you right click on the level you want to place an order at, then hover over trading, then select buy/sell stop or buy/sell limit, the order window will pop up with the price level you right clicked at already in the price box!
For those without a Dollar Index feed with their broker.


Quoting -nate-dogg-
heres a java app if you dont want to switch, not great but useful for finding supply and demand.

File - Change Symbol - USD-DIX

http://www.forexpros.com/charts/live-forex-chart
  • #775
  • Nov 25, 2011 3:59am Nov 25, 2011 3:59am
http://www.forexticket.co.uk/en/forex-charts/c-index



______________________________________________________
traders helping traders.
  • #776
  • Nov 25, 2011 4:37am Nov 25, 2011 4:37am
trading need hell lot of patiences
phew

now what would I fill in this week timesheet
3 days learning and trading.... lol
  • #777
  • Nov 25, 2011 4:39am Nov 25, 2011 4:39am
Quoting highlander2
about 2 1/2 months. before that had my laptop and PC.
Hi Highlander, thanks for your reply

I'm sorry Highlander, what I mean is How many hours do you spent for monitoring chart using that number of monitor?
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  • #778
  • Nov 25, 2011 4:44am Nov 25, 2011 4:44am
Quoting Du Jin Shan
Hi Highlander, thanks for your reply

I'm sorry Highlander, what I mean is How many hours do you spent for monitoring chart using that number of monitor?
do you mean how many hours a day do i spend trading?
  • #779
  • Nov 25, 2011 4:46am Nov 25, 2011 4:46am
Quoting highlander2
do you mean how many hours a day do i spend trading?
Yeps

I'm sorry for the previous misinformation.
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  • #780
  • Nov 25, 2011 4:56am Nov 25, 2011 4:56am
Quoting Du Jin Shan
Yeps

I'm sorry for the previous misinformation.
varies wildly from day to day, some times i don't get any trading, other days i get 10 hours or more.

I live on a farm so I have other commitments, sometimes i feel kind of guilty when i'm trading as i should be helping out.

basically i trade when i can.

h2
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