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songbo replied Sep 7, 2010U might want to look into using prev hour or prev prev hour candle H/L + 2-3pips for SL if u trade 5 or 15min chart. Try not to fix a number(pips) for SL... because market has mood. Sometime slow and sometime volatile.
Building an equity millipede
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songbo replied Sep 7, 2010It's ok. I could be wrong... like pipeasy said, market doesn't care abt my opinion. Haha... My immediate objective for trade is BE to become free trade. Then plan for taking out 1/2 position near supp/resistance or big timeframe FB. The rest will ...
Building an equity millipede
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songbo replied Sep 7, 2010I don't see UJ or jpy crosses dropping much soon....

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songbo replied Sep 7, 2010Well, u dont use the tip of wick for entry. If there are some long wick, use in-between the wick for entry is still ok too... just not the tip of wick. When there is momentum, nothing else matters because very soon, u can BE the trade..haha. Free ...
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songbo replied Sep 7, 2010Hi pip_daddy, One tip. Try not to use the high/low wick to do breakout... because market love to retest those area. Use the clusters of close price which will save u few pips and also market seldom retest those entry point
. I think pipeasy uses ...Building an equity millipede
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songbo replied Sep 6, 2010Leggo, IMO, FB is an indication of price exhaustion and wait wait... till see some breakout/momentum... etc. Don't focus too much wicks yet, there are the 50% and breakout... which is just as reliable. The easiest is using breakout on 5 or 15mins... ...
Building an equity millipede
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songbo replied Sep 4, 2010I always stick to opening 1701 hr NY time. You have to use FXPro and Windsor Mt4 for this timing.
Building an equity millipede
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songbo replied Sep 3, 2010Hi Ari, Mind sharing your Money Mgt be it % based or fixed lot for per position ?
Building an equity millipede
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songbo replied Sep 2, 2010I was able to get in faster because of Swingman EA alert... very good alert. Just put at MT4 folder expert Swingman_DashBoard_EAv2.ex4 (i rename the file but it should be EA .ex4 extension) You can have all timeframe alert from 5mins to monthly. His ...
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songbo replied Sep 1, 2010Hi all, I've taken few hit in the beginning of week for 5 and 15mins chart. I reviewed and we should ALWAYS analyse 4hr,1hr chart for flying buddha, inside or outside bar or wick analysis and only then we go smaller timeframe 5 or 15mins for ...
Building an equity millipede
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songbo replied Sep 1, 2010Can someone here help to code a dashboard EA allowing pop-up and email alert for Inside and Outside Bar. This will allow input multi-timeframe and multi-pairs alert. Attached an example of dashboard which alert of flying buddha. It could be ...
Inside, Outside Bar - Alert EA?
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Inside, Outside Bar - Alert EA?
Started Sep 1, 2010|Platform Tech|2 replies
Hi all, Is there Inside, Outside Bar (EA) for pop-up and email alert down here FF ? I hope it ...
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songbo replied Aug 31, 2010I don't know if this will help anyone. I constraint taking trades during the hrs.. Tokyo Open - first 2 hrs. EU Open - first 3 hrs (this will include first 2 hrs of London open) NY Open - first 2 hrs (seldom take trades but an open window opp for ...
Building an equity millipede
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songbo replied Aug 31, 2010VEEFX, do u have the indicator ? Mind attach it here or a new thread.. thanks.

Building an equity millipede
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songbo replied Aug 28, 2010JPY and JPY crosses have flying buddha (weekly chart)
Oversold for JPYs and chances of going Long.Building an equity millipede
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songbo replied Aug 27, 2010Please see trading as a whole. Last night, Graeme put the ending touch and i guess lot of people view shifted to that part. As a whole, i guess below 1) Money Management 2) Patterns (Based on mthly/weekly charts patterns etc) 3) Stacking of orders ...
Building an equity millipede