billie-on-air wrote:Pro hello
could u please tell mi how u interpret the volume indicator and how u incorperate it into your trades.
i.e what u see that makes u jump into the trade
cheers
please read this link for your answer.
You don't need that though.....you can just watch the videos that I posted in another thread.
http://www.forexfactory.com/showthread.php?t=157629
For today.
2 trades Asian and 3 London.
#5
EUR/JPY 1 S 133.668 133.620 4.8 0.53 0.00 10/29/2009 03:56 10/29/2009 03:57
#4 paused first entry, exited 2nd waaaay to soon
GBP/USD 1 S 1.64421 1.64390 3.1 0.31 0.00 10/29/2009 03:40 10/29/2009 03:47
GBP/USD 1 S 1.64407 1.64437 -3 -0.30 0.00 10/29/2009 03:33 10/29/2009 03:38
#3 1 entry/2 exits
EUR/JPY 2 B 133.010 133.033 2.3 0.51 0.00 10/29/2009 01:11 10/29/2009 01:14
EUR/JPY 2 B 133.010 133.026 1.6 0.35 0.00 10/29/2009 01:11 10/29/2009 01:14
#2 Two entries and 4 exits
EUR/JPY 1 S 133.278 133.176 10.2 1.13 0.00 10/28/2009 21:23 10/28/2009 21:34
EUR/JPY 3 S 133.278 133.224 5.4 1.79 0.00 10/28/2009 21:23 10/28/2009 21:31
EUR/JPY 6 S 133.278 133.241 3.7 2.45 0.00 10/28/2009 21:23 10/28/2009 21:31
EUR/JPY 4 S 133.182 133.241 -5.9 -2.61 0.00 10/28/2009 21:13 10/28/2009 21:31
#1
EUR/JPY 1 B 133.045 133.078 3.3 0.36 0.00 10/28/2009 20:47 10/28/2009 20:49
22 25.5 4.52
A few demo trades I took to show that I can actually see and have been able to for some time but I am having problems executing live.
Entered first trade at end of Asian just before work.....
Used trendline for visual but the reason for entry was demand to the left.
+19ish to this point: I took some off and let it run.
Held through london session and it showed +96.2
I'll be jiggered, look at the h4 momo developing....I wonder why??? he he he. See my entry?
Sam says the news does nothing but hasten the movement in it's predetermined direction to/from supply demand...see the extra pippage?
+196.5
These trades here were taken on the drive home.........
g/u short +12ish
e/j short after first news push
+17.7
I then let e/j go up to where I thought it looked like a strong resistance level to the left, way left.
+47.9
MARK DOUGLAS talks about what he calls a "profit gap".
I have a huge one thus far between demo and live trading....
2.5% increase on live account today ain't bad, but look what I would have gotten if I was calm as a cucumber!!!!!
Hmmmmm
practice/practice/practice, perfect practice makes perfect.