What's considered a large order in the EUR/USD Forex market? When I compare my order size to the Time and Sales ticker, my orders seem larger than most. Does this mean I need to scale my orders in smaller increments?
It is the same Indicator but uses the data of an indicator to give me results. Here is the thinking behind it. Lets say if a+b=c then it shows what a+b=c look like for indicator selected....Ie No variance.
Yep, that is where I had got to - using the indicator data - I tend to use the averages of the indicator (in my case the MACD) over diferent time scales, tied into the the Moving averages I use. Combined, I get 'clouds' or bands on my MA's that have corresponding indicator averages. I am experimenting with different time frames on one chart (bit like Mr Chin) but it all looks a bit messy at mo.
I got My wave 9-11 count downhill since the B wave top (if it was a top there), and my MACD's are compressed enough to keep me from being shy. Just waiting for a confirmation play to go long. Probably no need to do anything more exciting than wait for daily pivot to be popped.
Will take 1.3161 or close today - been a messy start but alls well that ends well.
What's considered a large order in the EUR/USD Forex market? When I compare my order size to the Time and Sales ticker, my orders seem larger than most. Does this mean I need to scale my orders in smaller increments?
Thanks,
Morris
It depends on the time of the day but if you trade in clips bigger than 50 million then things are getting "big". In your case I would not care to much unless you don't get filled.
Check this out??
is it , can i t, did it, shoulda coulda woulda.......
To a scalper the trend for the day is important but not the most important
Divergence and pattern are ..and today i been playing shorts mostly then turned for longs near bottoms of he day luckily.....some nice swings.......
My wife thinks if i wasnt married i would be a swinger....
'climb aboard sweetcheecks lets pump up the jam ' i say i think the low is in for today
been buying the pruple support line this morning with stops at 3050 and now move up below 3100, still longs are not confirmed but 61.8% of rally this week held and we have broken out of a very deep flag. a break is not confirmed/better off till the yellow area is cleared.
we are above the 100 and 200 bar MA on the 1 hr ( bullish bias) but they are flat, so we are in a range with in a range, with a silght bullish bias started from the move monday.
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