This is a video general outlook of how to urge a timing of your trades regulating a oscillators MACD as well as Stochastics. The idea of a forex trade plan is to enter into marketplace as well as cost movement for a most appropriate possibility of success when we lift a trigger. Video constructed by FX Bootcamp, LLC (www.fxbootcamp.com
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thanks wayne, i manage to get 300 pip using this techniques.
Great video, thanks!
I am in the learning process but i like who Wane does teach us how to trade. Keep up the good work.
@IamTheTuna
LOL! It’s not “YOUR DOG” he said “Imagine you are dog fighting” meaning you’re in combat… you crack me up!
Thank you, Wayne
lol 14:20 imagine “your dog” fighting in a fighter plane… wtf is my dog doing in a fighter plane ?
This is the first tech video i watch from Wayne, i have visited FXBootcamp, did not sign up. this video, and objectivity has peaked my interest again. if you”ve been in the FX trenches for a while, u know that there are many ways to trade, but there is always a way to improve. i will definitely watch the rest of the series. i started to make money when i realized that i had to trade what everyone else was seeing not some obscure system/technique. Wayne seems to show that!
Excellent explanation, clear and practical
A new robot coming out in December 2009 called 4xGreed gonna be hot
thanks again
Excellent video Wane, i liked the top gun analogy LOL… Thank you…
We as traders tend to make this really hard. These videos bring us back to the basics which are SO important. Thanks Wayne.
Patrick L
love it!
Since I basket trade a lot, I need a quick way to manage my stops. Therefore, I always (for spot and scalps) use a 50 pip stop loss, but use it only for catestrophic failure such as power outages or an act of god. I will NOT get stopped out. I will EXIT a trade if the trade plan fails, such as a moving average or MACD crossover against my plan. I get out for profit or loss and cancel my stop order. Longer term trades like swings or carries may have double the stoploss with half the lots.
Since I basket trade a lot, I need a quick way to manage my stops. Therefore, I always (for spot and scalps) use a 50 pip stop loss, but use it only for catestrophic failure such as power outages or an act of god. I will NOT get stopped out. I will EXIT a trade if the trade plan fails, such as a moving average or MACD crossover against my plan. I get out for profit or loss and cancel my stop order. Longer term trades like swings or carries may have double the stoploss with half the lots.
Hey Wayne, is it really that easy to get real pips? I find that setting stop loss is the most tricky part without getting taken out.
Could you give us some ideas based on setting stops?
Thanks, cheers.
cool
explain why you waited for a repeat of the stochastics to say oversold on 20.19 min. I would have went long the first time- but you waited for a second confirmation then? to get that 100 pip spread.
Wayne – thanks for sharing the videos !!- I bought the book- excellent
Thanks Wayne.Very good videos.
I am playing forex for about half year.From 10K at start I made about 1M. It’s a great market that changed my life.
Great video wayne! But how do you decide where to put your stop loss? I presume you apply certain rules for that…thanks for this clear and useful analysis!
u must read this. once u have started there is no turning back. a little 10 year old girl was raped and murderded in 1945. her body was not found until 1947. then a boy last week read this and did not copy and paste this message. the dead girl appeared in his room haunting him and killed him. if you do not copy and paste this onto 10 vidoes in 30 minutes the dead girl will apear in your room tonight and haunt you and kill you. well you better start to copy and paste to be saved
Great video exellent simple explanation
but there is a problem with my trading station in stochastic I only have space to enter two numbers not three can anyone help?
this will be the normal stochastic. the fast stochastic i think is k% of 4