DislikedIf anyone has enter this trade congrats!! that almost 80pips. Didint enter as my broker was giving me 8pips spread....Ignored
yup, this pair's huge spread. we're in e same boat.
which broker r u using?
Trade What You See - Almost Naked Trading
Aloha lawgirl. I'm taking the holiday doldrums to set up my charts & attempt to assimilate as much of the MASSIVE amount of postings on this thred. I do have a few very basic questions - if I may: 1) What is the purpose of the period separator & can the S&R continue from one period to the next? 2) I saw somewhere & now have lost it, where you go from the weekly, daily & 4h & show how you set up your S&L lines per each time frame. Do you know the posting # or thereabouts? 3) I have downloaded the info from page 1 to get my RSI window, and have it just fine. Actually i had it from some other system before. Try as I may, I keep getting the generic RSI window, and I would REALLY like to have the arrows included in that window. I just can'r seem to get there via the links on page 1. Any and all assistance is greatly appreciated. It appears as though your method has captured the attention of a tremendous number of folks, and from what i can see after gleaning over just a little of the information posted, your demeanor is remarkably consistent - bravo.
- #7,766
- Dec 28, 2010 3:06am Dec 28, 2010 3:06am
I am using GFT. the spread for this pair is very inconsistent can be between 2 to 8 or even 10.
yup, 8 PIPs definitely cant justify executing the trade. once its executed, you're immediately DOWN by 8 PIPs. not very auspicious to begin with.
i'm on Oanda, between 4-5 PIPs i already give that pair a miss. there're other currency pair with equal opportunity, but less cost. it's a matter of timing, when you execute the trade to land your fish.
- #7,767
- Dec 28, 2010 3:46am Dec 28, 2010 3:46am
Aloha lawgirl. I'm taking the holiday doldrums to set up my charts & attempt to assimilate as much of the MASSIVE amount of postings on this thred. I do have a few very basic questions - if I may: 1) What is the purpose of the period separator & can the S&R continue from one period to the next? 2) I saw somewhere & now have lost it, where you go from the weekly, daily & 4h & show how you set up your S&L lines per each time frame. Do you know the posting # or thereabouts? 3) I have downloaded the info from page 1 to get my RSI window, and have it...
Welcome aboard!
I'll try to answer two of your questions.
Please go to Post 1 in the first page of this thread:
http://www.forexfactory.com/showpost...30&postcount=1
Where LG explains The H1 4 Candle Breakout Trade (H1 4C BO):
"B. You will be looking at the bodies of the first four H1 candles of a new trading day...disregard the tails (wicks)....whenever that is for you. That is one reason period seperators need to be placed on the chart. "
I don't know the answer to your second question. Sorry.
Regarding the third question, did you read this post and follow the instructions?
http://www.forexfactory.com/showpost.php?p=4127792
If yes, perhaps you can post a picture of your screen, so we can better understand the problem?
Hope this helps. Everyone, please feel free to correct me if wrong. Thank you!
Hi Hawaiifive9,
Welcome aboard!
I'll try to answer two of your questions.
Please go to Post 1 in the first page of this thread:
http://www.forexfactory.com/showpost...30&postcount=1
Where LG explains The H1 4 Candle Breakout Trade (H1 4C BO):
"B. You will be looking at the bodies of the first four H1 candles of a new trading day...disregard the tails (wicks)....whenever that is for you. That is one reason period seperators need to be placed on the chart. "
I don't...
http://www.forexfactory.com/showpost...postcount=4846
- #7,769
- Dec 28, 2010 4:02am Dec 28, 2010 4:02am
I hope you mean this post for question 2:
http://www.forexfactory.com/showpost...postcount=4846
I actually tried to answer the first question:
"1) What is the purpose of the period separator..."
Thank you for answering his second question!
- #7,770
- Dec 28, 2010 5:53am Dec 28, 2010 5:53am
Well, last night I placed a long trade on 1.3160 and as I woke up now its gone up 74 pips and I will stay in there...
Please how do you adjust your indicator (daily line boxes) so that it will start only on the bodies of the candles and not on the wicks in line with the H1 4C BO rules. Mine recognises the wicks as shown below.
Regards.
We trade to live not live to trade................
- #7,775
- Dec 28, 2010 7:27am Dec 28, 2010 7:27am
Hi ovyeh,
Please read this post:
http://www.forexfactory.com/showpost.php?p=4199902
IMHO I think you need to download the Daily_LinesBoxes_OC.mq4 indicator.
Hope this helps
You are too much. Lets rake in de pips
We trade to live not live to trade................
- #7,777
- Dec 28, 2010 7:31am Dec 28, 2010 7:31am
Just wanted to mention that you can easily find any indicator that was posted in this thread: go to the top right corner where there is a picture of a paperclip.
