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Wednesday, 16 October 2013 08:44

Hawkeye Traders, Nigel Hawkes Software

Hawkeye Traders Software is not all about just blindly feeding you the answers to your Forex trading questions. One of the biggest and most important parts of their site is the educational tools that they have. They are always offering webinars and seminars to their clients, as well as many tutorial videos, articles, and even customer service reps willing to talk with you about your questions. And for those who want to learn more about the specifics of volume-related trading strategies, the free ebook, The Volume Secret, is also available for members.

The great thing about the Hawkeye Traders System is that a lot of the materials that you can use to your advantage are free. But if you want to get into the nitty gritty details of trading and start applying these principles to your trading platform software, you will need to buy some of their trading programs. These range widely in prices, but they are all top of the line products and highly effective at helping you make more money. As long as you use one of the big three platforms (MetaTrader4, NinjaTrader, or TradeStation), they have software add-ons that will make your life a lot easier. Nobody wants to pay money to get these things, but you do need to think about this from a professional standpoint. One of Hawkeye’s major selling points is that they will teach you how to take your Forex trading from a hobby and transform it into a career. If you want to make a career out of trading, you need to treat it with respect and invest the time and money into it that you need to in order to be successful. Software is just one of these things that you need to spend money on if you want to maximize your earnings.

There are a ton of Hawkeye Premiere software applications out there that you will find helpful. Fatman, Fatboy, Roadkill, Kiss, APA Zones, Trend Module, and Volume Module are all very important tools that you will find shed an extra wealth of knowledge and insight into what you can do to start making more money. Obviously you won’t need to go out and purchase every single forex software program offered, but as you learn more about volume-based Forex trading decisions, you will find that these extras will help you out in a huge way. They apply seamlessly to your trading platform, and will report back tons of useful information to you. They might have an associated cost with them, but like with any business expense, the point is that the upfront cost will make it so you can earn much more money down the road.

An additional, and oftentimes disregarded or overlooked tool within the minds of many traders, is the training room. Here, dozens of traders can come together and talk about specific aspects of their trading. The vast majority of us cannot learn effectively in a vacuum, contrary to popular thought. Yes, reading articles and getting experience on our own are valuable things to do, but you can sometimes speed up the learning process just by talking to other premiere people and gauging their opinions and experiences. In a training room, you can talk about what works for you. This serves a two-fold purpose. One, you can help educate others by sharing your knowledge. And two, you can improve upon your own trading. Someone else may have once traded in a similar manner to you and then they may have discovered something little that they could do to build upon what they’re already doing. This might be something that you could eventually figure out on your own, but if you can learn it faster just by talking with someone, think of how much extra money you are actually saving yourself. Community is one of the most important things in the learning process, and even if you are uncomfortable taking the first steps in this process, you can be assured of two things: it becomes much easier very quickly, and it will be well worth the trouble you go through by quickly increasing your profit line. Professionals need to talk to other professionals, and the free training rooms that Hawkeye indicators offer you will be a big facilitator in making this happen in an effective manner.

Published in Hawkeye Traders System

The Hawkeye Trading System is actually an overreaching system, and as such, it can technically be applied anywhere within the Forex market. However, because much of it relies on its advanced Hawkeye Trading by Nigel Hawke in order to be effective, the folks at Hawkeye recommend using certain trading indicators in order to get as much use as possible out of their products.

For newer traders, Hawkeye software recommends using NinjaTrader as your platform of choice. This is for a few big reasons. One, this platform is completely free. You can download all of the essential software that you will need to conduct trades at no cost, and the add-ons designed to increase efficacy are also free. The other bonus feature that you get when you use NinjaTrader is that the end of day market data service, Kinetick, is completely compatible with this software. It’s also free and easy to set up. This feature will provide you with a ton of data that you might not have even thought about looking up otherwise. For example, trading trends will be pointed out in black and white, and this means that you will become more adept at finding your strengths and weaknesses. These can obviously be used later on to help you become a better overall trader.

However, Hawkeye does not want to limit your choices only downloading Hawkeye Premiere. They do recommend NinjaTrader just because their software is the most useful with this trading platform, but MetaTrader4 platform is one of the world’s most widely used suites of software, and a lot of the Hawkeye Trading System experience can still be optimized when you use MT4. This is definitely a good thing. Because MT4 is perhaps the world’s leading currency trading platform right now, there are many benefits that you can get out of using this software. Hawkeye’s products that go along with MT4 are also top notch. Additionally, they can walk you through exactly how the professionals set up all of their charts, which indicators are superior, how different trade setups can be most effective, and even which timeframes will get you the best results. There is also an add-on called Fatman that Hawkeye likes to use to use that helps them to identify which currency pairs are the strongest current trading opportunities.

The other major premiere indicators platform that is compatible with the Hawkeye Trading System is TradeStation. This is a powerful tool to have on your side. And while it might not be as widely used as NinjaTrader or MT4, it is still one of the best platforms out on the market right now, especially for experienced traders that make multiple trades per day. There are a whole bunch of features that you can use with this, including trading directly from your charts with just a couple clicks of your mouse. It’s also very customizable and can meet your needs regardless of what kind of trading you do. It has a competitive pricing structure with multi-fractional pips, and the platform has won many awards throughout the world. Hawkeye has recognized that this platform is exceptional and has gone out of its way to fit their products to mesh with TradeStation and their software.

Regardless of which platform you end up using, you want to make sure that you’re getting all that you want out of it. Some platforms specialize in ease of use, while others have multiple customer service features to let you more fully customize your trading day. There are a lot of bells and whistles out there designed to grab your attention (and your business), but what it comes down to at the end of the day is that these don’t matter if you will never be using them. So think about what it is that you will be using and what will help you out the most. Pretty much all Hawkeye Premiere offer a solid charting and indicator package, but things like enhancing your trading visualization, single click order entry and exit abilities, and detailed trading reports on your activity and expanded news on the currencies that you are most interested are
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