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Les Lau replied Feb 5, 2013My gu analysis, S/R lines & trendlines was drawn earlier around 0700 GMT (*using another platform chart)
The 3 Elements of a Successful Trader
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Les Lau replied Feb 5, 2013Set Tp2 @1.3546 Just before 1.3548 resistant
The 3 Elements of a Successful Trader
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Les Lau replied Feb 5, 2013Eu rising, now hit resistant @1.3510 another resistant @1.3520
The 3 Elements of a Successful Trader
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Les Lau replied Feb 5, 2013Price hit support/ low.. Eu buy @1.3466 Close Tp1. (*i have taken out all drawn line analysis, sorry)
The 3 Elements of a Successful Trader
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Les Lau replied Jan 29, 2013Hi, it wolud be great if anybody can help to code this EA This is a semi auto-trading.. 1) we manually draw a horizontal line on chart (say green color line as Support) or (red color line as Resistant) 2) When price hit this line (go beyond max. 'x' ...
I will code your EAs and Indicators for no charge
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Les Lau replied Jan 29, 2013If this EA is an open source i believe many traders here can be benefited, i will discuss futher how we can take a step futher to enhance it.. example to include the time factor to this. If i pay someone to write this script then this will become ...
The 3 Elements of a Successful Trader
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Les Lau replied Jan 29, 2013I believe EA/script can assist in our trading. Since EA can trigger and manage a trade automatically, we could reduce our screening time, avoid mentally/pscyhological fatigue (made) mistakes.. We can minimise our manually trading time, and decide ...
The 3 Elements of a Successful Trader
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Les Lau replied Jan 28, 2013Price Action EA coding Hi All, I am looking for help to code an EA(for semi auto-trading) The concept is first we find & draw 'significant levels' in our chart, then this EA can open a trade automatically (when price hit). How it works: 1) We ...
The 3 Elements of a Successful Trader
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Les Lau replied Jan 28, 2013Hi Lemags, One way that i suggest for active practice is using a trading 'Simulator'. Many traders have never heard of, or don't know how to use this ('strategy tester' in MT4 can be used as a simulator). If simulator can help a pilot in training, ...
The 3 Elements of a Successful Trader
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Les Lau replied Jan 28, 2013Hi, it wolud be great if u can help to code this EA This is a semi auto-trading.. 1) we manually draw a horizontal line on chart (say green color line as Support) or (red color line as Resistant) 2) When price hit this line (go beyond max. 'x' ...
Yet another free EA-dev thread
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Les Lau replied Jan 28, 2013Hi, i'm looking for someone to code an EA This is a semi auto-trading.. 1) we manually draw a horizontal line on chart (say green color line as Support) or (red color line as Resistant) 2) When price hit this line (go beyond max. 'x' pips), then ...
I will code your EAs and Indicators for no charge
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Les Lau replied Jan 25, 2013Strategy Strategic importance > 'Tactical' importance Be Objective Minimise involvement in activity(watch program, read article) that is is bias. Stay neutral.
The 3 Elements of a Successful Trader
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Les Lau replied Jan 23, 2013Be pragmatic/ real. (stay cool, mind firm, emotionally prepared) Live trading Contigency plan: for things go outside setups, price requote, slippage, 'trade context busy',...
The 3 Elements of a Successful Trader
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Les Lau replied Jan 23, 2013Good point. Set higher RRR (Tp > SL). Psychology: Courage to make money must be > fear of losing money.
The 3 Elements of a Successful Trader
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Les Lau replied Jan 19, 2013“I fear not the man who has practiced 10,000 kicks once, but I fear the man who had practiced one kick 10,000 times.” ~ Bruce Lee
The 3 Elements of a Successful Trader
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Les Lau replied Jan 19, 2013No, no need.. thanks. (When i say SR - i mean horizontal SR) Because I have found my SR 'crucial levels', Oh my.. after soo long..

The 3 Elements of a Successful Trader
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Les Lau replied Jan 19, 2013For trend line, the 'outest' TL is the strongest one, you can take it as the 'crucial line'.
The 3 Elements of a Successful Trader
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Les Lau replied Jan 19, 2013Fib-R level 23.6, 38.2, 50, 61.8, 74.6... So many levels which to choose? If u find it's confusing, just choose and use one level.. Now myself use only *Fib-R 50% *Note: this is just for sharing.. you can follow me (only use 1 level), or find your ...
The 3 Elements of a Successful Trader