Daily Forex Trading

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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Tue Mar 27, 2018 11:55 pm

Leoheart wrote:
LeMercenaire wrote:OOOmmmpppphhhh!!!

DOLLAR_INDXH1HoleeMolee27thMar18.png


Lem,

DWZ indi on your chart. Looks like your are looking a inside the current daily candle , similar to m-candles? What is this indi called? Sorry, you probably mention this before.

Hi Leo.

The indi is called MyBoxes. I picked it up on one of my trawls through the interwebby-place, I can't narrow it down any more than that, sorry. It was just in my storage-cabinet of FX ''stuff''. Entirely possible it came from ''The Other Place''.

I liked its simplicity and I made it more so by taking all the weedy colour out and making it black. I then manually add the blue body colour. You can have it truly minimalistic by leaving them uncoloured also. Only thing that would make it better imo, would be an option to not have the present day's lines present. They can be a bit distracting, at least until you get used to them but that's a minor thing.

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Leoheart
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Re: Daily Forex Trading

Postby Leoheart » Wed Mar 28, 2018 12:52 am

LeMercenaire wrote:
Leoheart wrote:
LeMercenaire wrote:OOOmmmpppphhhh!!!

DOLLAR_INDXH1HoleeMolee27thMar18.png


Lem,

DWZ indi on your chart. Looks like your are looking a inside the current daily candle , similar to m-candles? What is this indi called? Sorry, you probably mention this before.

Hi Leo.

The indi is called MyBoxes. I picked it up on one of my trawls through the interwebby-place, I can't narrow it down any more than that, sorry. It was just in my storage-cabinet of FX ''stuff''. Entirely possible it came from ''The Other Place''.

I liked its simplicity and I made it more so by taking all the weedy colour out and making it black. I then manually add the blue body colour. You can have it truly minimalistic by leaving them uncoloured also. Only thing that would make it better imo, would be an option to not have the present day's lines present. They can be a bit distracting, at least until you get used to them but that's a minor thing.


No worries bud. So the black box is based on previous D1 candle? Either im confused, or very tired. Long day today.

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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Wed Mar 28, 2018 6:21 am

Leoheart wrote:
LeMercenaire wrote:
Leoheart wrote:
Lem,

DWZ indi on your chart. Looks like your are looking a inside the current daily candle , similar to m-candles? What is this indi called? Sorry, you probably mention this before.

Hi Leo.

The indi is called MyBoxes. I picked it up on one of my trawls through the interwebby-place, I can't narrow it down any more than that, sorry. It was just in my storage-cabinet of FX ''stuff''. Entirely possible it came from ''The Other Place''.

I liked its simplicity and I made it more so by taking all the weedy colour out and making it black. I then manually add the blue body colour. You can have it truly minimalistic by leaving them uncoloured also. Only thing that would make it better imo, would be an option to not have the present day's lines present. They can be a bit distracting, at least until you get used to them but that's a minor thing.


No worries bud. So the black box is based on previous D1 candle? Either im confused, or very tired. Long day today.


Yeah. On Bull Candle eg:
Top line - High
2nd line down - Close
3rd line down - Open
Bottom line - Low

You can adjust how many back it prints. Default is 5 days. I set it for 28.

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Leoheart
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Re: Daily Forex Trading

Postby Leoheart » Wed Mar 28, 2018 11:04 am

LeMercenaire wrote:
Leoheart wrote:
LeMercenaire wrote:Hi Leo.

The indi is called MyBoxes. I picked it up on one of my trawls through the interwebby-place, I can't narrow it down any more than that, sorry. It was just in my storage-cabinet of FX ''stuff''. Entirely possible it came from ''The Other Place''.

I liked its simplicity and I made it more so by taking all the weedy colour out and making it black. I then manually add the blue body colour. You can have it truly minimalistic by leaving them uncoloured also. Only thing that would make it better imo, would be an option to not have the present day's lines present. They can be a bit distracting, at least until you get used to them but that's a minor thing.


No worries bud. So the black box is based on previous D1 candle? Either im confused, or very tired. Long day today.


Yeah. On Bull Candle eg:
Top line - High
2nd line down - Close
3rd line down - Open
Bottom line - Low

You can adjust how many back it prints. Default is 5 days. I set it for 28.



Sweet, why 28 days? Curious.

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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Wed Mar 28, 2018 11:28 am

Leoheart wrote:
LeMercenaire wrote:
Leoheart wrote:
No worries bud. So the black box is based on previous D1 candle? Either im confused, or very tired. Long day today.


Yeah. On Bull Candle eg:
Top line - High
2nd line down - Close
3rd line down - Open
Bottom line - Low

You can adjust how many back it prints. Default is 5 days. I set it for 28.



Sweet, why 28 days? Curious.


Just roughly 1 month. When I first put it on a new chart, I can just about handle the drudge of adding 28 blue bodies! :)

The blue bodies remain once time moves on and the last candle vanishes.

If, by any chance, I want to look back farther, then I just edit, change the time-span, check what I wanted to check, without adding all the new earlier blue bodies, then reset it.

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Re: Daily Forex Trading

Postby LeMercenaire » Wed Mar 28, 2018 9:06 pm

S&P Flip trade, end of business today.

Wasn't a lot of info around to help gauge strength and we were looking at a short if the candle was a reverse. However, the one piece we did have, was a pretty solid-looking Supply Zone just above price on the m30 chart. Good enough for me.

Sure enough, price poked its head long for a small head-fake and then turned back. Bagged.

Not the strongest of moves but who cares. Job done. WZ Short back into the body.

InkedS&P500H1-Flip28thMar18four - Copy_LIcrop.jpg
InkedS&P500H1-Flip28thMar18four - Copy_LIcrop.jpg (121.25 KiB) Viewed 2605 times


You could have hung around and picked up a wee bit extra on the eventual bounce out of the Demand Zone. I didn't - but still nice to know it's there if you want it.

S&P500H1couldhavehadaweebitextra28thMar18.png
S&P500H1couldhavehadaweebitextra28thMar18.png (30.47 KiB) Viewed 2605 times

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achooblessyou
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Re: Daily Forex Trading

Postby achooblessyou » Mon Apr 02, 2018 5:33 pm

I came across a bit of info on an interesting instrument... Check out the YM futures. moves like DAX, but tradeable during the us sessions.. Took out about 110 ticks today scalping around the days low.

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Re: Daily Forex Trading

Postby achooblessyou » Mon Apr 02, 2018 6:03 pm

achooblessyou wrote:I came across a bit of info on an interesting instrument... Check out the YM futures. moves like DAX, but tradeable during the us sessions.. Took out about 110 ticks today scalping around the days low.

make that 200 8)

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LeMercenaire
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Re: Daily Forex Trading

Postby LeMercenaire » Mon Apr 02, 2018 8:20 pm

achooblessyou wrote:I came across a bit of info on an interesting instrument... Check out the YM futures. moves like DAX, but tradeable during the us sessions.. Took out about 110 ticks today scalping around the days low.

Dow Industrial Index Minis? 5 bucks a pip, right?

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Re: Daily Forex Trading

Postby LeMercenaire » Mon Apr 02, 2018 8:59 pm

achooblessyou wrote:
achooblessyou wrote:I came across a bit of info on an interesting instrument... Check out the YM futures. moves like DAX, but tradeable during the us sessions.. Took out about 110 ticks today scalping around the days low.

make that 200 8)

That market is the US30 market I trade occasionally. Useful, as it mirrors the 500 as well (obviously). Kind of the same way as the F40 does The Dax.

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