This is a video overview of how to improve the timing of your trades using the oscillators MACD and Stochastics. The goal of the forex trading strategy is to align market and price action for the best chance of success when you pull the trigger. Video produced by FX Bootcamp, LLC (www.fxbootcamp.com
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very VERY complicated..i would suggest you guys to try out SRDC or Buaya Puteh methods…..much easier……and its free…
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Wayne tell me 1 thing, the time MACD crosses for sell, stochs always comes in oversold position, When stochs reaches back in overbrought region, MACD changes its course. And till this time prices also touches Fibonacci retracement levels, so how to trade with this method?
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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.