{quote} Any volume indicator that you have for MT4 that you can share ? Please ?
This one works for me
Live today like theres no tomorrow-- Prioritize like you will die today
- Joined Dec 2015 | Status: Member | 1,509 Posts
Update on the GBP/USD - short:
This trade is starting to work, but selling still hasn't pushed through the buying area yet (support). Tick activity still isn't indicating bearish strength, but there is seems to be a definite lack of buying interest. Thus this fall in prices seems more lack of demand than new supply.
This trade is starting to work, but selling still hasn't pushed through the buying area yet (support). Tick activity still isn't indicating bearish strength, but there is seems to be a definite lack of buying interest. Thus this fall in prices seems more lack of demand than new supply.
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
Another trade I am tracking and about to trigger an entry. NZD/USD-Short:
Looks like that price has come into an area of resistance (for lack of better term) and is exhausting into this area. I am a bit caution of this trade as we are right in the middle of a larger range, seen best on the monthly chart. We'll just have to see what happens here...If I am wrong, and IF price does what it typically does in a range, I will get blown out in a few days with this trade as price rockets higher. If I am NOT wrong, we will most likely retest the bottom of this range again.
Looks like that price has come into an area of resistance (for lack of better term) and is exhausting into this area. I am a bit caution of this trade as we are right in the middle of a larger range, seen best on the monthly chart. We'll just have to see what happens here...If I am wrong, and IF price does what it typically does in a range, I will get blown out in a few days with this trade as price rockets higher. If I am NOT wrong, we will most likely retest the bottom of this range again.
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
Update on NZD/USD - short:
price looks like it wants to jump higher as I feared originally. I have moved my stop down to today's high and looks like I might stop out tomorrow if not later today. If price closes below yesterday's low I will hold the position into tomorrow, however if price closes above the high, I'm out with a small loss. Perhaps I should make a rule about this...as with my futures trading...don't engage in the middle of a range.
price looks like it wants to jump higher as I feared originally. I have moved my stop down to today's high and looks like I might stop out tomorrow if not later today. If price closes below yesterday's low I will hold the position into tomorrow, however if price closes above the high, I'm out with a small loss. Perhaps I should make a rule about this...as with my futures trading...don't engage in the middle of a range.
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
Another Short I just found on Gold...I use a different broker for this commodities...have to go off shore...THANKS NFA! 
I may be jumping the gun just by an hour or so, but this looks like it might work out ok. After such a non-stop rise from December, I figure a pull back is over due. We are also near the top of a much larger range, seen best on the monthly chart.
I may be jumping the gun just by an hour or so, but this looks like it might work out ok. After such a non-stop rise from December, I figure a pull back is over due. We are also near the top of a much larger range, seen best on the monthly chart.
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
NZD/USD - short covered.
Today's price reaction created what I would describe as a break of the previous two day range with accompanying climax level volume, so I have closed the trade with a little more than a 22 pip loss. I guess you can't win them all.
Today's price reaction created what I would describe as a break of the previous two day range with accompanying climax level volume, so I have closed the trade with a little more than a 22 pip loss. I guess you can't win them all.
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
On the other hand...GBP/USD - short is starting to show some progress.
While there still has not yet been a retest of the most recent high today's price reaction has closed in the area where buying was dominant over the past 6 days. And this with climax level tick activity suggests more down side to come. I will leave the pending order in place until the end of the week to see if it triggers in the next couple of days. Take profit has been set for 310 pips. (3xR)
While there still has not yet been a retest of the most recent high today's price reaction has closed in the area where buying was dominant over the past 6 days. And this with climax level tick activity suggests more down side to come. I will leave the pending order in place until the end of the week to see if it triggers in the next couple of days. Take profit has been set for 310 pips. (3xR)
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
This is what I am working on. I have done the calculations with Excel and can graph them but putting them together with price action is a royal pain and I am unable to get this to line up perfectly...however...
Look at how the delta volume differs entirely from just tick volume. Again this is extrapolated, and I need to study it more and would really need a programmer to help out...I'm sure for a coder, it could be done in a few hours. I am doing it by hand on just EUR/USD
Do more of that which succeeds and less of that which does not - Dennis Gar
- Joined Dec 2015 | Status: Member | 1,509 Posts
Do more of that which succeeds and less of that which does not - Dennis Gar