Moo DB Video Tour (Open to all)

I have just completed a tour of the trading database. I have managed to produce it without giving away any Max Standard information. I sound a little depressed in the video, maybe because I recorded it early on a Sunday morning, lol. I also think the microphone was a little too close. My video production skills are not too hot, but I hope the information contained therein is useful to you.

Video download here (size: 33.5MB wmv format).

I have already had some very useful feedback from the video targeted to Max Standard people, and I would encourage you to provide suggestions in how the database can be improved. What information have I missed? What reports have been missed? Any extra charts, features? I will ultimately release this database as an installable package so any information you provide could be useful to you too.

Enjoy.

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The cheetah

Looking at the euro on a 4 hour chart, reminds me what my mentor told me a couple of years ago. A trader should be like a cheetah, waiting with patience for the right moment to strike. Here’s the chart I’m looking at right now and I want to strike short, but only when it sets up nicely. Nearly there…

Euro 4H chart (click to enlarge)

A nice video of a cheetah stalking its prey

UPDATE

So looking at my charts this morning we can see that price has bounced almost to the pip where I drew my resistance line. Question now is, will price retry the resistance and try to surge through it? If I were a betting man (and I am), I would place a sell stop under the recent 4 hour candle at 1.2090 as shown on this chart:

UPDATE 2

I decided to play this trade out on my demo account and I placed two orders. An aggressive sell limit at 1.2150 and a more passive break-down play at 1.2090 for the other half of the position. I took half off at 1.2075 and let the other half run, however it didn’t run (not surprising being a Friday afternoon) so I took the other half off towards the end of Friday at 1.2075 ish. Nice little trade before the weekend.

A little short for the weekend +75 pips

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