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stevewalker - Manual Trading
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stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 01 2012 at 20:12
attached there is 2 charts

above is 10 pip range bar but with variable according to the market condition
below 10 pip fix range bar

see how it filters the unneccesery movements




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Trade the Trend, Defend to Price!
stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 16 2012 at 15:41
at last I learned 'Sit and Wait'

now I am working on a system based on US Open Hours combined with patterns.

when I checked the history E/U 1 Hr mainly price is coiled around the US Open hours due to high liquidity and high impact news.

to day I had strat trading with 1 Hr chart based on system.

will post the results.

pattern trading still goes on smaller time frames.

walker

Trade the Trend, Defend to Price!
stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 16 2012 at 15:44


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Trade the Trend, Defend to Price!
stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 16 2012 at 15:47
this is mainly 1 trade a day, using last 3 days US Open levels as support and resistance + price action + patterns.

Trade the Trend, Defend to Price!
stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 16 2012 at 15:49
entry



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Trade the Trend, Defend to Price!
stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 16 2012 at 15:50
exit +30 pip



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Trade the Trend, Defend to Price!
James_Bond

Member Since Jan 14, 2010  554 posts James_Bond Jul 17 2012 at 11:09

stevewalker posted:





Quite hard to understand your charts without an explanation smiley

Are those support/resistance levels? Do you draw it manually or is it an indicator?

stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 17 2012 at 13:21
still working on it.

lets see if its work.

Horizatal Blue lines are Support and resistance. one line for both.


Trade the Trend, Defend to Price!
stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 17 2012 at 13:22
todays long entry



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Trade the Trend, Defend to Price!
stevewalker

Member Since Jun 06, 2012  1360 posts stevewalker (stevewalker) Jul 17 2012 at 13:24
does any of you know what is the histogram just below the chart when volume enabled?wink

Trade the Trend, Defend to Price!
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