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  • #41
  • Jul 4, 2011 5:09am Jul 4, 2011 5:09am
Quoting hewtwok
hi noob question. how do i draw a box?

i'm using mt4. i drew a box by "insert" then click "shape" then click "rectangle".

however i was unable to set the box size nor move it
Right click on the chart, select objects, select rectangle, go to parameters tab. Once you see it on the chart you can also double click on it and hold down the left mouse button on one of the select points and drag the box or adjust size.
  • #42
  • Jul 4, 2011 6:16am Jul 4, 2011 6:16am
strategy very simple and very visual

I use it a few days to see such ...
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  • #43
  • Jul 4, 2011 7:24am Jul 4, 2011 7:24am
FOREXHARD, great strategy, well explained. I trade mostly breakouts. Signing up.
  • #44
  • Jul 4, 2011 10:04am Jul 4, 2011 10:04am
Well, look at that! Not only did PA retrace to the large blue box, it has retraced all the way to the lower level of it.

This is the 7th example in a row since last week that this has happened.

What does this tell us guys? Don't just subscribe and stay in the shadows, speak up and tell me your thoughts and observations.

FH
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To improve is to change. To perfect, is to change often.
  • #45
  • Jul 4, 2011 10:59am Jul 4, 2011 10:59am
Price likes to return to these boxes so maybe we can use them for targets as well as entries?

Steve.
  • #46
  • Jul 4, 2011 11:36am Jul 4, 2011 11:36am
Quoting forexhard

What does this tell us guys?

FH
Ok. Well for me it says why we set shorts out of the box in the first place. Overhead resistance is very strong and I would not be setting longs in a situation like this:

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Gone to a better place
  • #47
  • Jul 4, 2011 12:31pm Jul 4, 2011 12:31pm
Hi

Am I doing it right? Please see my chart attached.

Using the 1 hr GBPUSD cart I see a nice set up today was at 10.00am going short and at around 3.00pm going long? (all times GMT)

rgds
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  • #48
  • Jul 4, 2011 12:52pm Jul 4, 2011 12:52pm
Good afternoon,
I am not new to trading, but I am very new to forex. I chose to join this thread and one other because they are clean and simple. The folks here seem very positive. There seems to be a lot of negative reports out there about forex brokers. Could someone here suggest a broker they have trusted for a while ? Thank you.
  • #49
  • Jul 4, 2011 2:09pm Jul 4, 2011 2:09pm
7500+ views and barely a dozen replies. I am not a signal service.

Thread closed.
To improve is to change. To perfect, is to change often.
  • #50
  • Jul 4, 2011 2:55pm Jul 4, 2011 2:55pm
Quoting forexhard
7500+ views and barely a dozen replies. I am not a signal service.

Thread closed.
Views don't mean anything, there are threads with a million plus views but only a few thousand replies. This is an interesting and very clean method and it would be a shame for you to close the thread.
  • #51
  • Jul 4, 2011 3:08pm Jul 4, 2011 3:08pm
Quoting zpiders
Views don't mean anything, there are threads with a million plus views but only a few thousand replies. This is an interesting and very clean method and it would be a shame for you to close the thread.
totally agree!
in addition today is a national holiday in the us (as far as I know) so many traders are not trading today.

i like your method and i will also contribute to your thread from tomorrow on dont close it fh
if you close it, is there any chance to catch you on skype or something? really like the method
regards
  • #52
  • Jul 4, 2011 3:22pm Jul 4, 2011 3:22pm
Excellent..really like this:-)
  • #53
  • Jul 4, 2011 3:24pm Jul 4, 2011 3:24pm
Quoting markm
Good afternoon,
I am not new to trading, but I am very new to forex. I chose to join this thread and one other because they are clean and simple. The folks here seem very positive. There seems to be a lot of negative reports out there about forex brokers. Could someone here suggest a broker they have trusted for a while ? Thank you.
i am with ALpari UK - they are good - good luck!
  • #54
  • Jul 4, 2011 3:24pm Jul 4, 2011 3:24pm
Freshness in the Chart

Keep up the good work and I am following you.
  • #55
  • Jul 4, 2011 3:26pm Jul 4, 2011 3:26pm
Quoting forexhard
7500+ views and barely a dozen replies. I am not a signal service.

Thread closed.
Give it a chance to take off, mate! it is a ggod thread, clean , simple method, i am sure it will take off - hang in there!
  • #56
  • Jul 4, 2011 4:42pm Jul 4, 2011 4:42pm
FH, i sure want to reply more in the near future, but first want to play around with it to get familiar with it.

I put the boxes on 4 pairs. Just moving them along when I have some spare time, wich is rarely. Meanwhile thinking on the amount of pips for box sizes for the other pairs. Maybe 2,5 or 3 times ATR is a good guideline (for me) but testing it.

The site of the box also seems a good TP point, but also figuring this out. Also looks like a previous box can act as a TP / SL zone.

The tread is still fesh, give people some time to test/play with it. I'm sure the number of replies (and quality of replies) will increase a lot faster after a while. Those 10 pages you mentioned before will sure be hit, and many more.....Patience
  • #57
  • Jul 4, 2011 5:31pm Jul 4, 2011 5:31pm
Quoting forexhard
7500+ views and barely a dozen replies. I am not a signal service.

Thread closed.
No-one is asking you to be a signal service. You post a well thought out and concisely explained trading rationale, which many 100's here (most in the background at the moment) are no doubt running with in their own time. I'm intrigued by your impatience, why threaten thread closure at this stage?
  • #58
  • Jul 4, 2011 6:56pm Jul 4, 2011 6:56pm
  •  Megara
  • | Joined Sep 2009 | Status: MOMENTUM'S THE GODFATHER OF TRADING | 759 Posts
Quoting forexhard
7500+ views and barely a dozen replies. I am not a signal service.

Thread closed.
Wow! That was great method. Easy to the eyes and to the brain. I just got a chance to read this thread yesterday and it was closed!
Ha!Ha! That was very fast too.
Shake it off!Lick the Wound,Prey Again!
  • #59
  • Jul 4, 2011 7:18pm Jul 4, 2011 7:18pm
Quoting Megara
Wow! That was great method. Easy to the eyes and to the brain. I just got a chance to read this thread yesterday and it was closed!
Ha!Ha! That was very fast too.
Ditto! ForexHard, I have literally just found this thread and though I am a noobie, I feel that this is a system that would appeal to me (it seems really simple).
As has been said a few posts back, I feel its a great shame if you close this thread.
Many MANY THANX for your time, effort and energy.
Bye
  • #60
  • Jul 4, 2011 8:30pm Jul 4, 2011 8:30pm
Hi Forexhard,

Is the correct for a short entry? My target would be 1.6000 support area

Kurt
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