Trading the Currencies Trading the Currencies With HawkeyeWith Hawkeye

www.HawkeyeTraders.comwww.HawkeyeTraders.com

What is Hawkeye?What is Hawkeye?

�� Indicators based on Volume Spread Indicators based on Volume Spread Analysis, Momentum, and Price Pattern Analysis, Momentum, and Price Pattern RecognitionRecognition

Identifies market reversalsIdentifies market reversals�� Identifies market reversalsIdentifies market reversals

�� Identifies where to enter an existing trendIdentifies where to enter an existing trend

�� Identifies when to add to your position Identifies when to add to your position when trading longerwhen trading longer--termterm

�� Identifies when to exit your positionsIdentifies when to exit your positions

Hawkeye Tool KitHawkeye Tool Kit

�� Includes the:Includes the:–– Hawkeye VolumeHawkeye Volume

–– Hawkeye Volume RadarHawkeye Volume Radar

–– Hawkeye Wide BarHawkeye Wide Bar

–– Hawkeye PivotsHawkeye Pivots

–– Hawkeye AddsHawkeye Adds

–– Hawkeye Hawkeye HeatmapHeatmap

–– Hawkeye Trend + StopsHawkeye Trend + Stops

�� Available for Available for TradeStationTradeStation and and eSignaleSignal

Hawkeye Tool KitHawkeye Tool Kit

Hawkeye Levels & HooksHawkeye Levels & Hooks

�� Includes:Includes:

–– Hawkeye Levels for taking profitsHawkeye Levels for taking profits

–– Hawkeye Hooks for identifying when to Hawkeye Hooks for identifying when to –– Hawkeye Hooks for identifying when to Hawkeye Hooks for identifying when to enter an existing trendenter an existing trend

�� Available for Available for TradeStationTradeStation and and eSignaleSignal

Hawkeye Levels & HooksHawkeye Levels & Hooks

Hawkeye Tools for Hawkeye Tools for TradeStation RadarScreen TradeStation RadarScreen

�� Includes:Includes:

–– Hawkeye Hawkeye HeatmapHeatmap

–– Hawkeye Trend + StopsHawkeye Trend + Stops–– Hawkeye Trend + StopsHawkeye Trend + Stops

–– Hawkeye VolumeHawkeye Volume

–– Hawkeye Wide BarHawkeye Wide Bar

–– Hawkeye PivotsHawkeye Pivots

�� Only available for Only available for TradeStationTradeStation

Hawkeye Tools for Hawkeye Tools for TradeStationTradeStationRadarScreenRadarScreen

Time Frames CalculationTime Frames Calculation

�� < 1000 ticks< 1000 ticks

–– Multiply your short time frame by 4Multiply your short time frame by 4

�� For example, if you are trading a 240 tick as For example, if you are trading a 240 tick as �� For example, if you are trading a 240 tick as For example, if you are trading a 240 tick as your fast timeframeyour fast timeframe

–– 240 x 4 = 960 ticks240 x 4 = 960 ticks

�� > 1000 ticks> 1000 ticks

–– Multiply your short timeframe by 2Multiply your short timeframe by 2

�� For example, if you are trading a 1080 tick For example, if you are trading a 1080 tick chart as your fast timeframechart as your fast timeframe

–– 1080 x 2 = 2160 ticks1080 x 2 = 2160 ticks

Time Frames CalculationTime Frames Calculation

�� < 60 minutes< 60 minutes

–– Multiply your short time frame by 4Multiply your short time frame by 4

�� For example, if you are trading a 5 minute For example, if you are trading a 5 minute �� For example, if you are trading a 5 minute For example, if you are trading a 5 minute chart as your fast timeframechart as your fast timeframe

–– 5 x 4 = 20 minutes5 x 4 = 20 minutes

�� > 60 minutes> 60 minutes

–– Multiply your short timeframe by 2Multiply your short timeframe by 2

�� For example, if you are trading a 60 minute For example, if you are trading a 60 minute chart as your fast timeframechart as your fast timeframe

–– 60 x 2 = 120 minutes 60 x 2 = 120 minutes

Trading RulesTrading Rules

�� Maximum trades per day Maximum trades per day

–– 2 unless 1 of the 2 are negative then you 2 unless 1 of the 2 are negative then you can take a third tradecan take a third tradecan take a third tradecan take a third trade

�� Use Multiple timeframes Use Multiple timeframes –– unless unless scalping then use onescalping then use one

Hawkeye RulesHawkeye Rules

Scalping FXScalping FX

�� One One timeframes for scalpingtimeframes for scalping

–– Open of London at 8am (3am EST)Open of London at 8am (3am EST)

–– Open of US at 8amOpen of US at 8am–– Open of US at 8amOpen of US at 8am

�� Set a definitive profit target, Set a definitive profit target, ieie 1515--20 20 pipspips

�� Exit when target price is touched or Exit when target price is touched or using Scalping Stop Exitsusing Scalping Stop Exits

Market ReversalsMarket Reversals

Entry in an existing trendEntry in an existing trend

Take Your ProfitsTake Your Profits

Exiting Without LevelsExiting Without Levels

Scalping Exit RulesScalping Exit Rules

Exiting Without LevelsExiting Without Levels

�� Conservative Traders Conservative Traders –– Use Slow Time Use Slow Time FrameFrame

�� Aggressive Traders Aggressive Traders –– Use Fast Time Use Fast Time �� Aggressive Traders Aggressive Traders –– Use Fast Time Use Fast Time FrameFrame

Exiting Without LevelsExiting Without Levels

�� If in congestion, i.e. Hawkeye Trend If in congestion, i.e. Hawkeye Trend Dots are flatDots are flat

–– Use Crash BarrierUse Crash Barrier–– Use Crash BarrierUse Crash Barrier

Financial Reports & Financial Reports & ForexForex

�� Daily FX calendar reportsDaily FX calendar reports

–– www.dailyfx.comwww.dailyfx.com

�� Click on CalendarClick on Calendar�� Click on CalendarClick on Calendar

�� Click on EDT to have the report displayed in Click on EDT to have the report displayed in Eastern Standard TimeEastern Standard Time

Financial Report ExampleFinancial Report Example

Other ProductsOther Products

�� Custom EasyLanguage ProgrammingCustom EasyLanguage Programming

�� MentoringMentoring

�� SeminarsSeminars�� SeminarsSeminars

�� Video Tutorial for New TradeStation Video Tutorial for New TradeStation UsersUsers

�� hotComm Training SessionshotComm Training Sessions