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here2there replied Feb 16, 2020What exactly do you think I am not getting? Please provide details.
Trading Forex is Hard
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here2there replied Feb 16, 2020Granted, volume in the Forex market isn't perfect. However, it's still useful. Studies have shown tick volume is almost as good as real volume, meaning, there isn't much of a difference that it should be of great concern. Thus, the argument that ...
EURUSD
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here2there replied Feb 16, 2020The general idea is not to sell at new lows and not to buy at new highs, but to wait for a retracement and then react to whatever the market does. It's OK to add to a position or to ride the momentum of a trend, so to speak. But other things need to ...
EURUSD
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here2there replied Feb 16, 2020Probably not, because you aren't just losing pips if you get it wrong but also years of life, as trading the 1 minute chart will surely cause a lot of stress for you! It's better to trade the Daily.
Trading Forex is Hard
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here2there replied Feb 16, 2020This is why an EA is not ideal with such a system. In fact, EAs usually don't work in favor of the trader in the long run. Nothing beats trading manually. There are certain things to look out for such as volume, overall strength of trend and ...
Simple Monday-Tuesday System (attached calculator)
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here2there replied Feb 16, 2020Let me see if I understand what you are saying. You say: "Find the highest high and lowest low of Monday and Tuesday." In other words, look at the Daily candles for Monday and Tuesday. Whichever one is higher, mark the high of that candle as the ...
Simple Monday-Tuesday System (attached calculator)
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here2there commented Feb 16, 2020You do understand that retracements often occur in the market, right? You do understand that currencies don't only move in one direction, right? The EURO is at a place where it makes sense for a correction to happen.
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here2there replied Feb 16, 2020I can't say for sure that I will follow this strategy. However, the day of the week indicator is brilliant! That, I will definitely use, as I can see how useful it can be for trading when patience is applied.
Simple Monday-Tuesday System (attached calculator)
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here2there replied Feb 16, 2020It would be helpful if you would set up the EA to place buy and sell orders with the option to either only buy or only sell. In other words, have an option for people to choose one or the other. This will be of benefit to those of us who are stuck ...
Simple Monday-Tuesday System (attached calculator)
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here2there replied Feb 14, 2020I think you are on the right track. The higher time frames are less stressful.
EURUSD
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here2there replied Feb 14, 2020If that's a live account, then those are impressive gains. Congratulations!
Supply and Demand Trading Using Automated Indicator
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here2there replied Feb 14, 2020One thing I believe is almost certain, the big players will be getting in around that gap and it's likely to bounce hard from there. If we don't get a retracement before it gets there, then I will be expecting a trend reversal from that area or a ...
EURUSD
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here2there replied Feb 14, 2020That's what I pointed out here. Unfortunately, people often miss out on such important data because they are glued to lower time frames or don't think to zoom out or simply don't understand the significance of gaps in the market and their meaning in ...
EURUSD
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here2there replied Feb 14, 2020Now that is an unreasonable response to what I had said, and it's out of context to what I meant. It would have been better if you asked me for clarification. Of course I don't want you to add useless features to your indicator! My point is there ...
Supply and Demand Trading Using Automated Indicator
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here2there replied Feb 14, 2020Do you see that gap over to your left? It hasn't been filled yet. That, I believe, is where price is going. But before it gets there, I believe a correction will take place. This pair is long overdue for one. Currently, the volume on the Daily is ...
EURUSD
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here2there replied Feb 14, 2020No problem. I make no claims to being a perfect trader. Far from it. But I have spent a great deal of time and money learning how to trade. I have made many mistakes over the years! Most of those mistakes were the result of believing in rubbish ...
EURUSD
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here2there replied Feb 14, 2020That's your choice. Just keep in mind that higher time frames such as the Daily and Weekly are more reliable for buy or sell signals than are the lower time frames.
EURUSD
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here2there replied Feb 14, 2020What makes you think I care all that much if you don't agree with me? I don't have to prove anything to you. Either you will be wrong or you will be right. That's what it all comes down to. And frankly, it would be foolish of you to blindly believe ...
EURUSD