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how can use of volatility feature?
Nov 28, 2012 at 07:56
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9 Replies
Member Since Nov 09, 2012
76 posts
Nov 28, 2012 at 09:50
Pairs with high volatility are more profitable for aggressive trading, cause difference in pips is big, and you can earn more. So in this way you should trade intro day.
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Member Since Oct 15, 2012
32 posts
Nov 28, 2012 at 13:12
Hi, Jayesh.
What do you mean by "volatility feature?" Do you mean, how volatile the currency pairs are?
What do you mean by "volatility feature?" Do you mean, how volatile the currency pairs are?
The Fine Art of Investment
Nov 29, 2012 at 07:22
brokersstaragent posted:
Hi, Jayesh.
What do you mean by "volatility feature?" Do you mean, how volatile the currency pairs are?
when i open page of volatility there two empty box for lower & higher.
i enter 5 in both box now results every currncy pair get two colors.
in perticular pair euro/usd two colors.so what action makes me profitable now with proper time frame?
Nov 29, 2012 at 07:22
RollingStones74 posted:
Pairs with high volatility are more profitable for aggressive trading, cause difference in pips is big, and you can earn more. So in this way you should trade intro day.
thanks for reply.
when i open page of volatility there two empty box for lower & higher.
i enter 5 in both box now results every currncy pair get two colors.
in perticular pair euro/usd two colors.so what action makes me profitable now with proper time frame?
action means which color prefers to buy or sell?
Nov 29, 2012 at 13:03
Pick the timeframe you usually trade in and look for the pair with the largest number; this indicates that this pair has had the biggest price movement in your timeframe, compared to the other pairs.
If you are comfortable with trading that specific pair, you have found your best opportunity to make a profit today ... if there is a valid setup for your system, that is.
Bear in mind, too, that higher volatility of course also means that your S/L may be hit sooner ... volatility (like applied leverage) works both ways.
Cheers,
P.
If you are comfortable with trading that specific pair, you have found your best opportunity to make a profit today ... if there is a valid setup for your system, that is.
Bear in mind, too, that higher volatility of course also means that your S/L may be hit sooner ... volatility (like applied leverage) works both ways.
Cheers,
P.
There are no secrets to success. It is the result of preparation, hard work, and learning from failure. (Colin Powell)
Member Since Jun 21, 2012
18 posts
Dec 02, 2012 at 07:39
Not really that useful = surely you can see the volatility when you look at the chart?
The only way to get smarter is by playing a smarter opponent
Dec 02, 2012 at 13:11
cfxsignals posted:
Not really that useful = surely you can see the volatility when you look at the chart?
Sure you can ... but why identify range and then laboriously count pips on a chart, if this tool offers the info at a simple click? :)
There are no secrets to success. It is the result of preparation, hard work, and learning from failure. (Colin Powell)
forex_trader_101400
Member Since Dec 01, 2012
59 posts
Dec 24, 2012 at 18:43
Tools outside of you trading platform are distractions and generally just cause more confusion. It is also tedious because you have to track them and somehow incorporate them to your trading strategy. There are built-in indicators that track volatility already such as ATR and STD.
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