Wiz Index | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

USD Index Chart Not USD Index Indicator 2 replies

US Dollar Index + AUD, CAD, CHF, EUR, GBP, NZD, JPY Dollar Index Indicators 22 replies

JPYX index like USDX index.. 3 replies

MT4 with USD index, DownJone index and Gold 12 replies

For The Wiz 4 replies

Attachments: Wiz Index
Exit Attachments

Wiz Index

  • #461
  • May 15, 2017 2:33am May 15, 2017 2:33am
Quoting wizlon32
Perhaps a little buying interest coming now on Dax.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20170515-103244.png Size: 266 KB
Indentify > Plan > Accept > Execute
  • #462
  • May 15, 2017 3:03am May 15, 2017 3:03am
Quoting fxnous
Hi Wiz, Thank you very much for this great thread. really. Would it be possible to give us some information about your customer times frames? Thank you
Thanks mate, I hope you can take something from it.
I use an indicator from Ovo.cz which enables me to select any TF I want. We are actually quite constrained by MT4 standard TFs and sometimes looking at things from a different angle reveals a whole lot more.

I think you can actually get a free 15 day trial of all of the indicators that are available from there. Definately worth a look. They also have a small thread in the commercial section here on FF.
Indentify > Plan > Accept > Execute
  • #463
  • May 15, 2017 5:00am May 15, 2017 5:00am
Quoting wizlon32
{quote} Thanks mate, I hope you can take something from it. I use an indicator from Ovo.cz which enables me to select any TF I want. We are actually quite constrained by MT4 standard TFs and sometimes looking at things from a different angle reveals a whole lot more. I think you can actually get a free 15 day trial of all of the indicators that are available from there. Definately worth a look. They also have a small thread in the commercial section here on FF.
Thank you
  • #464
  • May 15, 2017 5:38am May 15, 2017 5:38am
Hey Wiz,

Quick Q for you, are you able to trade DAX and FX through the same broker? How does the leverage on DAX work if so? I've been looking into DAX for some early morning trading (3am my time to coincide with London) but will have to arrange for a Eurex data feed using my current broker.
  • #465
  • May 15, 2017 5:43am May 15, 2017 5:43am
Quoting wizlon32
{quote} {image}
Hi wizlon,

Any reason you choose not to buy at 12736 like pipsminer did?

Thanks.
  • #466
  • May 15, 2017 5:50am May 15, 2017 5:50am
Wiz can I ask you a question, I saw that you picking tops and bottoms, why you don't take trades by the trend, or in the direction of the previous move, when volume is supporting it. Like here
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB
Even though I walk through the darkest valley, I will fear no evil
  • #467
  • May 15, 2017 5:55am May 15, 2017 5:55am
Quoting Forthebulls
Hey Wiz, Quick Q for you, are you able to trade DAX and FX through the same broker? How does the leverage on DAX work if so? I've been looking into DAX for some early morning trading (3am my time to coincide with London) but will have to arrange for a Eurex data feed using my current broker.
You can trade DAX CFD's over most FX brokers...You will normally get 200-400 leverage (depending on the broker, activtrades for example offers 400 leverage for DAX).

With an Eurex data feed (FDAX) you will have level 2 data Some also use the data from FDAX for volume analysis but then trade the CFD because of the lower possible tick/pip value.
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #468
  • May 15, 2017 6:22am May 15, 2017 6:22am
Quoting antonym
{quote} Hi wizlon, Any reason you choose not to buy at 12736 like pipsminer did? Thanks.
I'm not sure what you mean. I got in a little earlier and got a better price. (or maybe a little later). But I guess we traded the same signal.
Indentify > Plan > Accept > Execute
  • #469
  • Edited 7:01am May 15, 2017 6:29am | Edited 7:01am
Quoting monocor
Wiz can I ask you a question, I saw that you picking tops and bottoms, why you don't take trades by the trend, or in the direction of the previous move, when volume is supporting it. Like here {image}
Hi mate. Sometimes I do trade those signals but I am often drawn to shorts at HHs and longs at LLs as zwara pointed out recently. I dont take every signal that I see.

But I get your point. I said in a post here that this is what I need to work on.
Indentify > Plan > Accept > Execute
  • #470
  • May 15, 2017 7:42am May 15, 2017 7:42am
Out at 12785 , plus 200 pips . Can go higher but enough pips today.
  • #471
  • May 15, 2017 7:52am May 15, 2017 7:52am
Quoting Pip-Miner
Out at 12785 , plus 200 pips . Can go higher but enough pips today.
My first entry as poor but my last 2 OK. I don't need be a accurate as average in . Have good night all.
  • #472
  • May 15, 2017 8:20am May 15, 2017 8:20am
Quoting Pip-Miner
{quote} My first entry as poor but my last 2 OK. I don't need be a accurate as average in . Have good night all.
Good job Pip-Miner. Fancy sharing some insight to your decisions?
Indentify > Plan > Accept > Execute
  • #473
  • May 15, 2017 8:34am May 15, 2017 8:34am
Quoting wizlon32
{quote} Good job Pip-Miner. Fancy sharing some insight to your decisions?
It was actually a bad night decision wise. The short Should of been taken , explained already in the thread. Normally I would of run that down.
the other positions entered due to similar reasons to do with resistance points, volume , price action candles . As my leverage is low it didn't even matter I had a bad day I still won the war easily ...
  • #474
  • May 15, 2017 12:05pm May 15, 2017 12:05pm
EU 1m (Live example)

Sell
Attached Image (click to enlarge)
Click to Enlarge Name: eu 1m.png Size: 49 KB
  • #475
  • May 15, 2017 12:25pm May 15, 2017 12:25pm
Cheeky selling? GU 1m
Attached Image (click to enlarge)
Click to Enlarge Name: g 4.png Size: 26 KB
  • #476
  • May 15, 2017 7:50pm May 15, 2017 7:50pm
This is my current understanding and for me there are two trading situations:

  1. Price goes my way and I take 3-5 easy pips. --Rinse and repeat.
  2. Price spikes the opposite way on a high leverage trade and it is no longer a 3 pip trade.-- Need to cost average and rescue operations.


I am still trying to understand out how Wiz or Josh trade since situation #2 occurs to me every once in a while and I would be crazy to over leverage and go crazy lot mode.

Edit- On the last circle of picture #2 I wanted to add shorts so badly but was afraid of a freak price push up and taking big losses.

Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDM2555323231.png Size: 54 KB
Click to Enlarge Name: AUDUSDM2323231.png Size: 95 KB
Dragon Rider
  • #477
  • May 16, 2017 1:30am May 16, 2017 1:30am
My 20 pips just grabed
Attached Image (click to enlarge)
Click to Enlarge Name: yy.png Size: 35 KB
  • #478
  • May 16, 2017 1:36am May 16, 2017 1:36am
Trend + Volume = Nice trade. Congrat!
Quoting mizi123
My 20 pips just grabed {image}
I`m limiting my Risk & trying maximize my profits.
  • #479
  • May 16, 2017 1:46am May 16, 2017 1:46am
Quoting DAX-Trader
Trend + Volume = Nice trade. Congrat! {quote}
I think we have to reward Wizlon for his support and help we have to make a honor for him. By the way i have a friend (girl ) trader wich makes huge amounts of money with these method i was likely to send some picture but for some reason she has hide everything, when i tell you huge amounts of money
  • #480
  • May 16, 2017 1:49am May 16, 2017 1:49am
Im waitin now for UJ to make that low and buy it
Attached Image (click to enlarge)
Click to Enlarge Name: uj.png Size: 29 KB
0 traders viewing now