0
Trading the Currencies
With Hawkeye




  www.HawkeyeTraders.com
What is Hawkeye?

 Indicators based on Volume Spread
 Analysis, Momentum, and Price Pattern
 Recognition
 Identifies marke...
Hawkeye Tool Kit

 Includes the:
 – Hawkeye   Volume
 – Hawkeye   Volume Radar
 – Hawkeye   Wide Bar
 – Hawkeye   Pivots
 ...
Hawkeye Tool Kit
Hawkeye Levels & Hooks

 Includes:
 – Hawkeye Levels for taking profits
 – Hawkeye Hooks for identifying when to
   enter ...
Hawkeye Levels & Hooks
Hawkeye Tools for
TradeStation RadarScreen
 Includes:
 – Hawkeye   Heatmap
 – Hawkeye   Trend + Stops
 – Hawkeye   Volume
...
Hawkeye Tools for TradeStation
RadarScreen
Time Frames Calculation

 < 1000 ticks
 – Multiply your short time frame by 4
     For example, if you are trading a 240 t...
Time Frames Calculation

 < 60 minutes
 – Multiply your short time frame by 4
     For example, if you are trading a 5 min...
Trading Rules

 Maximum trades per day
 – 2 unless 1 of the 2 are negative then you
   can take a third trade
 Use Multipl...
Hawkeye Rules
Scalping FX

 One timeframes for scalping
 – Open of London at 8am (3am EST)
 – Open of US at 8am
 Set a definitive profit...
Market Reversals
Entry in an existing trend
Take Your Profits
Exiting Without Levels
Scalping Exit Rules
Exiting Without Levels

 Conservative Traders – Use Slow Time
 Frame
 Aggressive Traders – Use Fast Time
 Frame
Exiting Without Levels

 If in congestion, i.e. Hawkeye Trend
 Dots are flat
 – Use Crash Barrier
Financial Reports & Forex

 Daily FX calendar reports
 – www.dailyfx.com
     Click on Calendar
     Click on EDT to have ...
Financial Report Example
Other Products

 Custom EasyLanguage Programming
 Mentoring
 Seminars
 Video Tutorial for New TradeStation
 Users
 hotComm...
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Trading Forex based on Volume

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Forex does not have actual volume. We use tick count to measyre the volume, and is 75% accurate.

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  • Hi Hawkeye main components are volume bars,trend dots,(green,red,white dots) and heat map(momentum over 3 timeframes) and using two timframe charts to use mtf advantage on trend dots and heat map.
    How to read the volume is the mistery and even if you use trend dots & heat map you get good results. I am looking for help from tradestation code experts on how the volume reading is done
    smarttrader61@yahoo.co.in
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Hi,
    How do I use or insert tick count in my MT4 platform in forex chart
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Hi Hawkeyek,
    I've been browsing for months trying to fine out how to use volume in forex trading not untill I came across ur page. I'm really interesting in using volume for my forex trading. How can I get to u through an email or any other means.
    Thanks
    Gye
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Be the first to like this

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Transcript of "Trading Forex based on Volume"

  1. 1. Trading the Currencies With Hawkeye www.HawkeyeTraders.com
  2. 2. What is Hawkeye? Indicators based on Volume Spread Analysis, Momentum, and Price Pattern Recognition Identifies market reversals Identifies where to enter an existing trend Identifies when to add to your position when trading longer-term longer- Identifies when to exit your positions
  3. 3. Hawkeye Tool Kit Includes the: – Hawkeye Volume – Hawkeye Volume Radar – Hawkeye Wide Bar – Hawkeye Pivots – Hawkeye Adds – Hawkeye Heatmap – Hawkeye Trend + Stops Available for TradeStation and eSignal
  4. 4. Hawkeye Tool Kit
  5. 5. Hawkeye Levels & Hooks Includes: – Hawkeye Levels for taking profits – Hawkeye Hooks for identifying when to enter an existing trend Available for TradeStation and eSignal
  6. 6. Hawkeye Levels & Hooks
  7. 7. Hawkeye Tools for TradeStation RadarScreen Includes: – Hawkeye Heatmap – Hawkeye Trend + Stops – Hawkeye Volume – Hawkeye Wide Bar – Hawkeye Pivots Only available for TradeStation
  8. 8. Hawkeye Tools for TradeStation RadarScreen
  9. 9. Time Frames Calculation < 1000 ticks – Multiply your short time frame by 4 For example, if you are trading a 240 tick as your fast timeframe – 240 x 4 = 960 ticks > 1000 ticks – Multiply your short timeframe by 2 For example, if you are trading a 1080 tick chart as your fast timeframe – 1080 x 2 = 2160 ticks
  10. 10. Time Frames Calculation < 60 minutes – Multiply your short time frame by 4 For example, if you are trading a 5 minute chart as your fast timeframe – 5 x 4 = 20 minutes > 60 minutes – Multiply your short timeframe by 2 For example, if you are trading a 60 minute chart as your fast timeframe – 60 x 2 = 120 minutes
  11. 11. Trading Rules Maximum trades per day – 2 unless 1 of the 2 are negative then you can take a third trade Use Multiple timeframes – unless scalping then use one
  12. 12. Hawkeye Rules
  13. 13. Scalping FX One timeframes for scalping – Open of London at 8am (3am EST) – Open of US at 8am Set a definitive profit target, ie 15-20 15- pips Exit when target price is touched or using Scalping Stop Exits
  14. 14. Market Reversals
  15. 15. Entry in an existing trend
  16. 16. Take Your Profits
  17. 17. Exiting Without Levels
  18. 18. Scalping Exit Rules
  19. 19. Exiting Without Levels Conservative Traders – Use Slow Time Frame Aggressive Traders – Use Fast Time Frame
  20. 20. Exiting Without Levels If in congestion, i.e. Hawkeye Trend Dots are flat – Use Crash Barrier
  21. 21. Financial Reports & Forex Daily FX calendar reports – www.dailyfx.com Click on Calendar Click on EDT to have the report displayed in Eastern Standard Time
  22. 22. Financial Report Example
  23. 23. Other Products Custom EasyLanguage Programming Mentoring Seminars Video Tutorial for New TradeStation Users hotComm Training Sessions
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