Are you still watching Forex charts and entering manually?

 Still Watching Forex Charts?

Are you still watching Forex charts and entering manually?

 

I have been getting a few comments about the manual Envelop and RSI system which provides great DIAD entries for Double in a Day trading but also for normal trading because of the small stops required.

The comments say something on the following lines: “I can’t sit around watching Forex charts in order to manually activate when the price touches the envelop line”.

 

I didn’t realize traders still sit around watching forex charts, so I have made a video of the method I use to trade manual indicator based system whereby you only need to look at the charts very briefly every few hours.

This method works for most manual systems and will save you from the dreaded activity of actually watching forex charts.

It involves you using Pending orders rather than manual orders and anticipating price levels where transactions will activate. Most manual systems can be traded this way and the more you use the system the better your entries will become.  Remember to use the full screen option if you need to.

5 thoughts on “Are you still watching Forex charts and entering manually?”

  1. Guus van Goethem

    That was a quick and welcome answer to my worry! Thanks Alex

  2. fixer

    very wise advice Alex.
    Price touching an indicator can simply be calculated for the next bar (and marked on the chart).
    Maybe something for the EA in a later phase.

  3. john

    Click on youtube in the right corner and you see the video at youtube and have the option of see it in full screen.

    Best regards John

  5. ted

    Hi Alex,

    1. Thank you very much for opening our eyes and our minds.
    2. Prior to your revelation, I have never ever come across anybody who ventured the thought that one can double your capital in a day (or even add 20-50%).
    3. Your inspiration teaches us that even somebody with next to zero capital can, if working diligently, provide an adequate pension in under 60 days following your suggestions.
    4. Of course not every trade has been a winner (and I have yet to achieve a DIAD trade using your method) , but the possibilities are there which was not the case before.
    5. Not everybody is blessed with your brains however, so a supporters club that can possibly do some hand-holding and nuturing may be most welcome – even if it just sends out a signal with possible good opening positions per currency.
    Best wishes
    ted

Leave a Reply