anyone need help? -
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thread: anyone need help?

  1. #161
    Junior Member gery115's Avatar
    21
    quote if price produces higher highs and higher lows and suddenly starts to make lower highs and lower prices, then price have reversed. Occasionally if can fake, but generally, that's the idea. In the event you are feeling when a trend has reversed, you can look in divergence and reversal patterns to get a hint, but nothing is for certain, if we really knew when a trend have reversed we would all be rich
    okay, guess that was rather an expendable question ... though some of as are rich nevertheless

  2. #162
    CANDLE CLOSING TIME QUESTION!! Just wondering if you know of any MT4 info feeds which use the NY close? I'm testing some indiors onto a demo MT4 platform which shuts the daily at 6 EST.. The signals aren't always equivalent to my TOS platform which shuts at 5 EST.. Even though ThinkOrSwim opens a new day at 5pm, another TFs remain on the former day before midnight. Having difficulty wrapping my head. . .Thanks so much
    Candle final time has nothing to do about data feeds, it is all about server moment, in different words, it's the time your broker uses. If he's loed in the US, and particularly in NY, then chances are he's utilizing NY time,

  3. #163
    Hi Traders: Can you know sites where I can extract beyond Meta Trade raw data and charts that I can replie on Excel for analysis intent? Thanks
    Try Dukascopy, you can download data from their website

  4. #164
    Hi. How do I know the price has reversed its own movement?
    If price makes higher highs and higher lows and abruptly starts to generate lower highs and lower lows, then price have reversed.
    Sometimes if can pretend, but generally, that's the concept. In the event you are feeling when a trend has reversed, you may look in divergence and reversal patterns to find a hint,
    but nothing is for sure, if we really knew when a trend have reversed we'd be rich

  5. #165
    Hi there again I have a fast question Lets say I am using a moving average crossover egy in trading And lets say the aim is 100 pips a day speculating my return is bigger than the risk _______ Based on that believe the cross is your entrance and exit in 1 situation of the whole lot The cross is the entrance and each 20 pip I depart 20% of the place and the last 20% is closed at the cross . Example Assuming I'm bullish Entry eurusd 1.1000 1.1020 @.2 lot is closed 1.1040 @.2 lot is closed 1.1060 @ .2 lot is closed 1.1080 @ .2 lo is closed...
    it depends on what your risk is to begin with, if sl is 100 pips and you also shut 20 you won't get a better risk to reward, if however you shut 50 percent or even more later 1:1 risk to reward, you cannot lose much if your discontinue get hit, and you also have the choice to move your stop to brakeven, this will be a marginally better win ratio, however you will decrease your profit using this method, however on the other hand, you don't need to take so much heat when the market goes against you, it is easy to make 1 to 1, and after that when you know you can not lose, there's no better feeling

  6. #166
    Senior Member Bio318's Avatar
    115
    oops, forgot that the chart. #8203;

  7. #167
    Senior Member Bio318's Avatar
    115
    I bet you do get stopped a lot on 1 min charts. But if it would attempt, this is what I'd do. I'm assuming I have the same area on my chart showing what I'd be seeing by adding a few lines.

    I would highly suggest trading on 4 hr charts or higher until you understand more of what you are doing but I know its boring waiting for 4 hours to get a candle/bar to form.

  8. #168
    Junior Member gery115's Avatar
    21
    quote # 18203;When it starts going the other way lol. We all want to know the exact answer. Some folks utilize indiors others use moving averages, some usage patterns and others utilize price action. My manner of trading is based on patterns and price action. I do pretty good but I know I will get better, a lot better. I have been trading now for around 12 decades and I can not tell you the precise instant when price has reversed. There is not anybody in the history of gambling, dead or alive that can tell you when price has reversed. The...
    Well I havent been trading for the last three decades.
    Can you show me on this graph?
    I kinda have success trading scalps on the 1M chart but I get stopped out a lot.

  9. #169
    Senior Member Bio318's Avatar
    115
    Hello. How do I know the price has reversed its motion?
    #8203;If it starts moving the other way lol. Most of us wish to know the answer to this question. Many people today utilize indiors others use moving averages, some use patterns and others utilize price action. My style of trading is based on patterns and price action. I do fairly good but I know I will get better, a lot better. I have been trading now for about 12 years and I still can not tell you the precise moment when price has reversed. There is not anyone in the history of trading, living or dead that could inform you if price has reversed. The key to trading isn't trying when it's reversed straight away, understand. The key is to see the change and snag several pips out of the market before it reverses again. I see you joined this forum 4 years back. I am not trying to set you down or anything but be ready to be trying to work this question in 4 years out from now.

    If you have not checked it out yet, go to James16 Chart Thread. That can help you a bit.

  10. #170
    Junior Member gery115's Avatar
    21
    Hi. How do I know the price has reversed its movement?

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