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- Sakk replied Jun 11, 2009
Thanks Atlast. I also like the 3min timeframe and use 4min & 5min. Entries can be off any of the 3 timeframes though. I like to trade hammer patterns off support levels and a few other price patterns. A good hammer signaled on the 4min at 5.56pm EST ...
EURUSD
- Sakk replied Jun 11, 2009
Atlast, do you only trade eurusd? i notice you always have 1st price target then close at remainder at next target, do you utilise ninjatrader atm fto set your islp and targets? cheers
EURUSD
- Sakk replied Jun 4, 2009
More importantly, what did you learn from blowing up 3 accounts? Risk management is key to long term survival, and in early stages of trading gives you enough time to develop your own system.......your own system
EURUSD
- Sakk replied Jun 4, 2009
Atlast, what indicator in NinjaTrader do you use to plot the volume? Cheers
EURUSD
- Sakk replied May 27, 2009
love hammers, placed sell limit 1.3948 with stop at high of bar, expected to get filled in next bar, didn't and pulled the order.
EURUSD
- Sakk replied May 27, 2009
Agree that shorter timeframes have much more noise than higher timeframes
My aim is to capture high R multiples. i.e risk 6-8 pips to capture 40 pips = 5R or 6R I also have an aggresive b/e strategy whereby once i'm in a position i ...EURUSD
- Sakk replied May 27, 2009
Thanks again F.x I actually do look at hourly and 4 hourly charts to plot S/R levels and major trendlines, I only zoom into shorter timeframe to finese entry and lower risk. Longer timefames are easier to trade however stops are further away, but ...
EURUSD
- Sakk replied May 27, 2009
Atlast, just wanted to know if its best practice to use limit orders on the initial stop loss point or stick with a stop order. Giving away 1 - 1.5 pips per trade using normal stop orders to exit can add up over hundres of trades. However if it's ...
EURUSD
- Sakk replied May 27, 2009
Yes, limit order opposite to open position. I look for continuation trades and reversal trades using 3m 4m and 5m charts setting stop at 1 pip below low of bar. Aim for 15 - 20pip first target to unload 50% of position a ride the remainder of the ...
EURUSD
- Sakk replied May 27, 2009
Hi guys, I have a question setting initial stops and trailing stops. I'm new to FX trading however have trading stocks for 5 years. I have only completed a handful of trades and set initial stops and trailing stops as either a sell stop order or a ...
EURUSD
- Sakk replied May 14, 2009
Atlast, regarding the chart you posted showing volume. Who's the data feed from, becuase the volume seems very low? or is the last quoted volume on your chart in multiples of million? I also use Ninjatrader and have data feed from IB, the volume ...
EURUSD