To use chat, please login.
Back to contacts

stevewalker - Manual Trading

Equahrefgam
SanandaJmmanuel
Jul 18 2012 at 05:42
27 posts
very interesting, i hope to see a live account that u are trading, and possible link to mt4i or fxjunction. i am still learning as well.

Polyglot
Jul 18 2012 at 06:21
15 posts

stevewalker posted:
does any of you know what is the histogram just below the chart when volume enabled?😉


Well, Steve that histogram represents exactly what you say: 'the volume'. I.e. how many lots traded within the given time period.

😇

stevewalker
stevewalker
Jul 18 2012 at 10:22
1439 posts
thank you.

I was thinking the same thing for last 4 years.
on sunday I need the volume values to use at an EA first time in my life. what I find out is, in reality the histogram represent the price change( tick count ) of each bar. not amout (volume traded )

what ironic. same name as the trade volume(amount) but telling completly different story.

fyi
walker


Polyglot posted:

stevewalker posted:
does any of you know what is the histogram just below the chart when volume enabled?😉


Well, Steve that histogram represents exactly what you say: 'the volume'. I.e. how many lots traded within the given time period.

😇

stevewalker
stevewalker
Jul 18 2012 at 10:25
1439 posts
thank you

SanandaJmmanuel posted:
very interesting, i hope to see a live account that u are trading, and possible link to mt4i or fxjunction. i am still learning as well.

stevewalker
stevewalker
Jul 18 2012 at 10:32
1439 posts
for this actual trade I would exit on 0800 gmt+3. but I fall a sleep.
the complete exit rule currently is very easy.

regardless of price actıons
if limit is Not Hit then
I should exit on 0800 gmt+3. if in loss then 0900 gmt+3. just before the EURO open.

the story is;
if price moving against US session( this means I will be in loss or very small profit ) then it is making a curve just like today. and generally it makes a correction around 0800 gmt+3.

today instead of closing trade BE Iam currently -40 pips. a personal mistake.

anyway I will keep trading the same way and will post the todays entry.

according to the system
1st day : +30 pip
2nd day : BE ( -40 pip if you fall a sleep )



stevewalker posted:
todays long entry





stevewalker
stevewalker
Jul 18 2012 at 10:35
1439 posts
here you can see the correct exit time and the curve




stevewalker
stevewalker
Jul 18 2012 at 10:43
1439 posts
the big drop as soon as the US open is the effect of Bernanke speech. this we can call as a big noise. dont take it as price action.

stevewalker
stevewalker
Jul 18 2012 at 12:05
1439 posts
stevewalker
stevewalker
Jul 18 2012 at 12:28
1439 posts
the problem about todays trade is price has used the same TL 4 times including the start point. this is very rare situation.

price does not wan to do predictable moves. I will open trade as planned and if match the conditions. but today most probably it will move against me.


Polyglot
Jul 18 2012 at 12:56
15 posts

stevewalker posted:
thank you.

I was thinking the same thing for last 4 years.
on sunday I need the volume values to use at an EA first time in my life. what I find out is, in reality the histogram represent the price change( tick count ) of each bar. not amout (volume traded )

what ironic. same name as the trade volume(amount) but telling completly different story.

fyi
walker



Hmmm. I do not think that the result of your investigation is correct. As far as I can see the histogram has nothing at all to do with the amount of ticks covered by a bar. I am pretty sure it represents the volume of lots traded.

😇


Please login to comment .