Check out this iPhone app to calculate lot size with parameters you choose such as risk percentage and balance. It is called Forex Trading Money Manager and it is available at app store. Check my youtube channel for a short demo.
Hi Lance, I've been following your videos and finding them really helpful. I'm still a bit shaky with my entries though, so was wondering if you'd be kind enough to make a video of some trades you'd take and others you'd pass on with possible entry points. thanks
Good idea, but being largely discretionary my entry & exit videos will need a lot more time than is available via a 10 min YouTube video.
Still, it's in the plans for 'one day'.
In the meantime, see my website for the article series on 'How to Conduct an Effective Trading Session Review'. That's the key to improving your entries and exits - identify hindsight best-practice, and replay it in a sim.
It's been a LONG time since I made that video, so I'm not 100% sure of the indicators used in that example. I can confirm it's a stochastic (14,3,3) and some form of bands. I'd imagine bollingers would have expanded more rapidly at the 2 large red candles approx 2/3 thru the chart, so my guess would be it's Keltner Channels rather than BB's.
Thanks for your questions. Unfortunately I don't know the timeframe or indicator parameters from this example. The fact is that I don't trade with bollinger bands or stochastic. These were simply used in this video to demonstrate the concept . As mentioned, my strategy is outined in video part 2 (high level concept only).
Lance, I am a novice investor I am not sure whether you will reply to my queries.
1. Usually when the market opens the trend varies That means a chart can only be obtained after the days closing. So how can we find a entry trigger and stop other than speculation??
2. From other videos I came across the words like 5 ,15,30mins candles, 100/200 days moving average, , Would you be able to give some about what is this?
Thanks for your comment. The best way to answer your question (cause YouTube only allows 500 character responses and it'll need a LOT more than that) is to recommend some basic trading & TA books. Something like Alexander Elder's Trading for a Living, or Martin Pring's Introduction to Technical Analysis. Or search online - there's lots of info there. The 'babypips (dot) com' site has a good forex based education, although the TA is applicable to all markets.
Great videos from you always. Please post some videos on Fibonacci. Thank you very much for your videos. You are awesome teacher...
InvestmentPsychology 1 day ago in playlist Miscellaneous
This has been flagged as spam show
Secret to profitable trade on Forex! Profit 150-200 % at month!
goodzarabotok.mybb.ru (RUS)
mastertrader.topbb.ru (ENG)
Trade Strategy LSFA BS (Banking system)! Always pleased to help!
Vladimir-Anatolevich08@yandex.ru
Respectfully yours,
Vladimir Anatolievich.
forexproff2014 1 month ago
This has been flagged as spam show
Hi,
I found this software that find patterns and notify you in real time.
It seems very cool.
They look at 89 diferent patterns, in 1,2,3,5,10,15,30 and 60 minutes time frame, and if a pattern occurs they notify you in Real Time.
I Download it in (inforex.pattern-watcher*com)
GaryFrankLewis 1 month ago
This has been flagged as spam show
Check out this iPhone app to calculate lot size with parameters you choose such as risk percentage and balance. It is called Forex Trading Money Manager and it is available at app store. Check my youtube channel for a short demo.
TheEngineer1371 2 months ago
This has been flagged as spam show
Hi guys, ever heard with regard to the "Holy Grail" expert advisor?
Seems to be that will become a new most effectively expert advisor my partner have actually seen yet. Its verified with a real account.
Has someone any experience with this ea?
see it here: software-for-metatrader.c om/products/The-absolutly-best-Expert-Advisor-on-the-Market%21-The-holy-Grail%21.html
chemtrailfighter 2 months ago
Very, very good video. Do your strategie can work with stocks ?
pierre1122 7 months ago
Nice system, i will try
freeSCALPINGindicato 1 year ago
Hi Lance, I've been following your videos and finding them really helpful. I'm still a bit shaky with my entries though, so was wondering if you'd be kind enough to make a video of some trades you'd take and others you'd pass on with possible entry points. thanks
ZaphodUk1 1 year ago
@ZaphodUk1
Hi ZaphodUk1,
Good idea, but being largely discretionary my entry & exit videos will need a lot more time than is available via a 10 min YouTube video.
Still, it's in the plans for 'one day'.
In the meantime, see my website for the article series on 'How to Conduct an Effective Trading Session Review'. That's the key to improving your entries and exits - identify hindsight best-practice, and replay it in a sim.
Cheers,
Lance.
YourTradingCoach 1 year ago
At 3 min, is that a bollinger band with slow stochastoc oscillator?
silentalley14 1 year ago
@silentalley14
Hi silentalley14,
It's been a LONG time since I made that video, so I'm not 100% sure of the indicators used in that example. I can confirm it's a stochastic (14,3,3) and some form of bands. I'd imagine bollingers would have expanded more rapidly at the 2 large red candles approx 2/3 thru the chart, so my guess would be it's Keltner Channels rather than BB's.
Cheers,
Lance.
YourTradingCoach 1 year ago
Very good video, clear and easy to understand. Thank you
platinumplusenter 2 years ago
@platinumplusenter
Thanks platinumplusenter,
Much appreciated. Glad you enjoyed the video.
Cheers,
Lance
(youtube: yourtradingcoach)
YourTradingCoach 2 years ago
Also..what time frame is being used in this example?
bripowered 2 years ago
Hi bripowered,
Thanks for your questions. Unfortunately I don't know the timeframe or indicator parameters from this example. The fact is that I don't trade with bollinger bands or stochastic. These were simply used in this video to demonstrate the concept . As mentioned, my strategy is outined in video part 2 (high level concept only).
Happy trading,
Lance.
YourTradingCoach 2 years ago
what are the parameter settings on your stochastic oscillator and your bands?
bripowered 2 years ago
Lance, I am a novice investor I am not sure whether you will reply to my queries.
1. Usually when the market opens the trend varies That means a chart can only be obtained after the days closing. So how can we find a entry trigger and stop other than speculation??
2. From other videos I came across the words like 5 ,15,30mins candles, 100/200 days moving average, , Would you be able to give some about what is this?
nisshenvj 2 years ago
Hi nisshenvj,
Thanks for your comment. The best way to answer your question (cause YouTube only allows 500 character responses and it'll need a LOT more than that) is to recommend some basic trading & TA books. Something like Alexander Elder's Trading for a Living, or Martin Pring's Introduction to Technical Analysis. Or search online - there's lots of info there. The 'babypips (dot) com' site has a good forex based education, although the TA is applicable to all markets.
Cheers,
Lance.
YourTradingCoach 2 years ago
Excellent explanation and tips!!!
Thank you for sharing!!
Mrbignutzful 2 years ago
good work !
ipctec 2 years ago