My Scalping Trade

so we should nzd currency both sell and sell option???

 

J K1368 please read this post he said

 

You cannot buy or sell only one currency in FX, they trade in pairs.
The heat chart shows the relative strength of currency listed on extreme vertical axis against those on horizontal axis.
On the vertical axis on the left, we pick NZD, then looking across horizontally, we see Red for both USD (listed on Horizontal axis) meaning we should go short.
Again, if you not clear, suggest you open each chart on MT4 to confirm the price movement.
Please see attached NZDUSD in my previous post.

 

I found a better MT4 indicator for similar trade setup.
Attach the indicator to the chart, set to display only that two currency pairs. Example, setting CAD and JPY to true when attaching to CADJPY.
You can also set the level to enter trade, example, 0.4.
The indicator comes with alert too.
Since the indicator provides buffer values, you may request Mr Tanaka Akiko to code the EA for us.
Enter trades only after crossed and angled out hitting level of 0.4 and above etc...
Then you can watched your sports while EA trading automatically for you...

 

i will ask tanka to code ea but please can u explain more about rules of open entry and Sl and TP

 

Same as described by mutenext in earlier posts, he mentioned trade only if more than 0.4 (absolute value, regardless + or -), TP=10 SL=50, used MM, use trailing SL etc
These should be variable parameters for optimization.

 

guess no one read my posts.. anyway.. looks supereasy now.

 

you mark circle usd and chf ... and JPY... you would open trad on usd/jpy and chf/jpy or usdchf????

 

please check my previous posts where there is a link explaining how to take trades. I would buy usdjpy and chfjpy

 

i see i just noticed that usd 0.43% and jpy -0.48%
chf 0.51% and jpy -0.44%

so you check first left to right which one is more then +3.5% and from up to down which one is more the -3.5%.. right i am checking your previous post\

 

i check for strong buy or sell on all pairs then i match them. If i get >0.4% ou -0.4% looks good entry.

 

here nzd pair strong buy and strong sell showing what to do next?

 

according to this screen shoot

usd/cad
cad/jpy

first step we check currency where is more then 0.4% and we check horizontal line where it is..as we find usd 0.38% on cad horizontal line right!!!! so next we look cad pair if there is is more then -0.3.5% and here we have -0.36%.

so here we go for buy position right??


second scenerio about cad/jpy.. find one where is more then +0.3.5% and we find cad 0.38% and and jpy -.2% so here cadjpy we go for buy again right!!
same precedure we check is this correct??

 

not bad for a start

 

exemple:
A. jpy is red vertical line... we look to sell jpy.
B. usd is green horizontal line --> we look to buy usd

Result: usdjpy +0.46% --> BUY USDJPY

Got it?

 

It's like currency meter right?

 

ok i try to send screen shoot please check it if it is correct or i did mistake again..here i checked heatmap and find usd and cad usd is -0.34% and cad is -0.41% here is opened sell trade it is ok??

 

5 pips tp and 50 pips sl

 

here second one is cadchf
cad -0.39% and chf0.38% here sell order open