Optimisticgondy: Good morning all. Hope we took advantage of the Asian and London Sessions Overlap. From my personal experience with the Forexpros signal, I discover we should not trade if the signal shows MORE VOLATILITY and also, if the SUMMARY, MOVING AVERAGES and INDICATORS signals are not the same

I tot as much frnd.

Optimisticgondy: Good morning all. Hope we took advantage of the Asian and London Sessions Overlap. From my personal experience with the Forexpros signal, I discover we should not trade if the signal shows MORE VOLATILITY and also, if the SUMMARY, MOVING AVERAGES and INDICATORS signals are not the same

I placed the bets below to test the Forexpros longer time frames signals. As at the time of taking them, the shorter time frames' signals for EU and EG (10, 15 and 30mins time frames) were all showing More Volatility and so, did not go for them. Please note that these bets are not to be taken by anyone.

USD 2 payout if EUR/USD is strictly higher
than 1.2559 at 10:51:43 GMT on 29-Aug-12.

USD 2 payout if EUR/USD is strictly higher than 1.2559 at 14:57:12 GMT on 29-Aug-12USD 2 payout if

EUR/GBP is strictly higher than 0.79344 at 15:16:36 GMT on 29-
Aug-12.

Optimisticgondy: Good morning all. Hope we took advantage of the Asian and London Sessions Overlap. From my personal experience with the Forexpros signal, I discover we should not trade if the signal shows MORE VOLATILITY and also, if the SUMMARY, MOVING AVERAGES and INDICATORS signals are not the same

tnx my brother. d issue of volatility is a very important one. D week that I discovered d strategy, there was a friday that I placed 2 trades by strictly following d strategy but I lost. Then I tried 2 discover d reason 4 d loss. But @ 3 pm d same day, i placed 2 trades & within seconds, they were positive. This made me start 2 search 4 d reason. I later realised that it was d consumer confidence report that was released @ 3 pm that moved d mkt. But let me ask d house : HOW DO U MEASURE LIQUIDITY IN D MKT; HOW DO U KNOW IF D BIG BOYS HAVE ENTERED D MKT? so that u enter & exit d mkt ( like a driver gently following d convoy of d president during traffic)

EUR/AUD is lower than 1.2103 in 30 mins.

rightlagos: tnx my brother. d issue of volatility is a very important one. D week that I discovered d strategy, there was a friday that I placed 2 trades by strictly following d strategy but I lost. Then I tried 2 discover d reason 4 d loss. But @ 3 pm d same day, i placed 2 trades & within seconds, they were positive. This made me start 2 search 4 d reason. I later realised that it was d consumer confidence report that was released @ 3 pm that moved d mkt. But let me ask d house : HOW DO U MEASURE LIQUIDITY IN D MKT; HOW DO U KNOW IF D BIG BOYS HAVE ENTERED D MKT? so that u enter & exit d mkt ( like a driver gently following d convoy of d president during traffic)

This is how I know:

1)I look at the current candle

2)I look at the previous candle too.

3)If the previous candle indicates a reversal like the hammer, engulfing pattern, inverted hammer, doji and so on.

4)Then, if the current candle is in a rush (either up or down), then I plug in to the trend if it favours me or exit if its otherwise.




Frawzey

rightlagos: tnx my brother. d issue of volatility is a very important one. D week that I discovered d strategy, there was a friday that I placed 2 trades by strictly following d strategy but I lost. Then I tried 2 discover d reason 4 d loss. But @ 3 pm d same day, i placed 2 trades & within seconds, they were positive. This made me start 2 search 4 d reason. I later realised that it was d consumer confidence report that was released @ 3 pm that moved d mkt. But let me ask d house : HOW DO U MEASURE LIQUIDITY IN D MKT; HOW DO U KNOW IF D BIG BOYS HAVE ENTERED D MKT? so that u enter & exit d mkt ( like a driver gently following d convoy of d president during traffic)

I think it's a combination of price/volume. How far did price move over a period of time? What was the volume traded? That should pretty much give u a good idea of how liquid a pair is.

dukellan: EUR/AUD is lower than 1.2103 in 30 mins.

Won, thank God

dukellan: EUR/AUD is lower than 1.2103 in 30 mins.

Good call

@Dukellan,yepdvolume.That is d best indicator. with huge volume, u know u are moving wit d wave not against it. I think we need 2 get d best indicator 4 mesuring d volume of d market. This is how pros are distinguished from newbies. newbies enter and exit anytime by using indicators or other tools. But wise traders watch when others enter and exit d mkt. The wise way to trade is trading on traders' sentiment. @ Ayo, I don't think d volume on MT4 is reliable. It is deceitful & lacks direction.

dukellan:

Won, thank God

I actually placed a reverse at the daily pivot and won, though my a pip or so cos of the AUD strength

thank God alert has resumed in the house after a long break and discuss.

rightlagos: @Dukellan,yepdvolume.That is d best indicator. with huge volume, u know u are moving wit d wave not against it. I think we need 2 get d best indicator 4 mesuring d volume of d market. This is how pros are distinguished from newbies. newbies enter and exit anytime by using indicators or other tools. But wise traders watch when others enter and exit d mkt. The wise way to trade is trading on traders' sentiment. @ Ayo, I don't think d volume on MT4 is reliable. It is deceitful & lacks direction.

You raise a good point, rightlagos, but if I were asked to list indicators necessary for success in this business, personally, volume indicators would not top that list. Before we start being concerned about volume, we need first to find a good way of catching trends early. I will say it again, because it is important: We need to find a good way of catching trends early. There are good indicators for this, one of which I've shared earlier, though no one seems interested in it for some reason.

We need also to understand, in my opinion, the concepts of support and resistance, price action, money management and very importantly, the character of the pair we are betting on. When we are through with the above, I think, we can then start talking of volume indicators.

toluxa1:

I actually placed a reverse at the daily pivot and won, though my a pip or so cos of the AUD strength

Good one, though risky . I saw it struggling to break R1 and when it failed, I placed my bet, considering that DDFX market sentiment was bearish. I placed bets for 30 mins, I hour and then 1hr30 mins. 30 mins and Ihr won, expecting the last to also be green by God's grace.

rightlagos: @Dukellan,yepdvolume.That is d best indicator. with huge volume, u know u are moving wit d wave not against it. I think we need 2 get d best indicator 4 mesuring d volume of d market. This is how pros are distinguished from newbies. newbies enter and exit anytime by using indicators or other tools. But wise traders watch when others enter and exit d mkt. The wise way to trade is trading on traders' sentiment. @ Ayo, I don't think d volume on MT4 is reliable. It is deceitful & lacks direction.

I dont think there is any difference in what I and Dukellan said. Duke just used the technical term "volume" (rush) which skipped my mind. Look at the USDCAD 1hr chart and u'd understand what I said. A reversal candle (inverted hammer) showed-up before things changed.

Most of my friends here know I'm not a fan of MT4. But I do trade with it anyways.



Frawzey

ayox2003:

I dont think there is any difference in what I and Dukellan said. Duke just used the technical term "volume" (rush) which skipped my mind. Look at the USDCAD 1hr chart and u'd understand what I said. A reversal candle (inverted hammer) showed-up before things changed.

Most of my friends here know I'm not a fan of MT4. But I do trade with it anyways.



Frawzey

On point, bro

@ayox.

How are you bro. Eku ise takun takun,
On point on the inverted hammer on UC, I saw it then, just decided not to go in. Kinda wish I did

dukellan:

On point, bro

Lol. No be u teach me ?

I remain loyal to una oh.

Especially as una dey push the thread forward. Kudos.



Frawzey

ayox2003:

Lol. No be u teach me ?

I remain loyal to una oh.

Especially as una dey push the thread forward. Kudos.



Frawzey

toluxa1: @ayox.

How are you bro. Eku ise takun takun,
On point on the inverted hammer on UC, I saw it then, just decided not to go in. Kinda wish I did

Broda mi Tolu, *prostrates*

Eku ojo meta Sir.

Next time, no gawking at all. Once u see am like that just plug in based on ur TF. Na so e dey go.



Frawzey

Gj is risin, we can take advantage of that..15 or 10mins is ok

rightlagos: i asked sb abt d case. he said may be u entered d website through a cloned website.

no! I registered on d site,i even depositd som wiks ago usn anoda site and i got my money,i only lost due to som carelesnes. Tanx

ayox2003:

I dont think there is any difference in what I and Dukellan said. Duke just used the technical term "volume" (rush) which skipped my mind. Look at the USDCAD 1hr chart and u'd understand what I said. A reversal candle (inverted hammer) showed-up before things changed.

Most of my friends here know I'm not a fan of MT4. But I do trade with it anyways.



Frawzey

which indicator b dat, i get two now let me add to my arsenal.

AYOX2K3 LONG TIME

This is how I know:

1)I look at the current candle

2)I look at the previous candle too.

3)If the previous candle indicates a reversal like the hammer, engulfing pattern, inverted hammer, doji and so on.

4)Then, if the current candle is in a rush (either up or down), then I plug in to the trend if it favours me or exit if its otherwise.


A candlestick pattern indicator will help with this, this has been my favourite, i use this with candlestick timer, thats all.

Frawzey
[/quote]

@ Ayo, Dukelllan, Israel, understood. @ all, somone called me yesterday & told me he used to get profitable alerts frequently on this thread, but in reent days he no dey get alert again. He asked me why? I realised that I contributed 2 d slow pace of alert & also diverting d house 2 some other discussions. May be that is why d thread is also moving slowly. I think we return 2 d alert o, abi?

is anyone awake in the house

Optimisticgondy: I placed the bets below to test the Forexpros longer time frames signals. As at the time of taking them, the shorter time frames' signals for EU and EG (10, 15 and 30mins time frames) were all showing More Volatility and so, did not go for them. Please note that these bets are not to be taken by anyone.

USD 2 payout if EUR/USD is strictly higher
than 1.2559 at 10:51:43 GMT on 29-Aug-12.

USD 2 payout if EUR/USD is strictly higher than 1.2559 at 14:57:12 GMT on 29-Aug-12USD 2 payout if

EUR/GBP is strictly higher than 0.79344 at 15:16:36 GMT on 29-
Aug-12.

I lost all these bets so I don't think I'll be going for long time frame. However I won 5 bets and lost 1 during US and London Sessions Overlap

Gud mornin @ all in d house.We shall come out in green 2day,smbdy say Amen.

gudmorning everyone in the house, i really need help on this, can anyone in the house recommend a FOREX TRENDING WEBSITE for me, including current forex news. Thanks

Good morning, everyone!

Piro4rl: gudmorning everyone in the house, i really need help on this, can anyone in the house recommend a FOREX TRENDING WEBSITE for me, including current forex news. Thanks

Go to babypipsdotcom, forexfactorydotcom, henryliuforexdotcom

Abbey1045: Gud mornin @ all in d house.We shall come out in green 2day,smbdy say Amen.

Amen

Slow market....hmmm