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oh i feel so sick I'm floating at 7 pips
Invest in alarm clocks
hey tony, why this, when do you enter !
Quoting Tony112
oh i feel so sick I'm floating at 7 pips
Now i guess you just did what you ask others not to do ... am i right ?
Quoting hiiqtrading
hey tony, why this, when do you enter !
I think he's talking about his frankfurt position ... I guess he was targeting 1.30000
he should be BE ... IHMO
Quoting haventaclue
Yeah i got in at 1.29469 too, can anyone comment if this was a realistic price or if i got a good price because im using a game account??
Followed Tonys thread off and on for a long time, so had a go myself this morning.

Live small test account, 5% risk on 2 pips sl, entry 1.29469.

So I'm still in with around +18.
Trade closed at 1.2921 - have to goto work

+26 pips
great thread guys! really helpful,

but i still have two questions that hopefully any qualified reader can help answer...

1) do we wait until the CLOSE of the first 5sec candle before identifying the trend and placing an order? or do we place our order based on the first candle's OPENING movement?

2) how can I get a 0SL? most platforms require a minimum of 20 pip SL from the order price.

Thanks.
Quoting prelude
great thread guys! really helpful,

but i still have two questions that hopefully any qualified reader can help answer...

1) do we wait until the CLOSE of the first 5sec candle before identifying the trend and placing an order? or do we place our order based on the first candle's OPENING movement?

2) how can I get a 0SL? most platforms require a minimum of 20 pip SL from the order price.

Thanks.
LOL what?!?

1) trade in the intial direction of the first candle if it exceeds 1 pip.

2) if you are trading a platform that doesnt let you have a SL tighter than 20 pips than change immediately. but to answer your question. you start at 2 pip SL (or bigger if you want), and then once your in profit, make your SL 0.
4k profit tonight. time for sleep and be back for NY open and New Home Sales USD news.
GL all.
Wooooow, floating +40 pips, I love Mondays........
Quoting Caillou
Wooooow, floating +40 pips, I love Mondays........
Very nice Caillou!!
What you do is a reflection of you....what I do is a reflection of me.
so for the record the SL is 2 pips including the 0.9 spread when using Oanda ?
That would mean the market move of 1.1 will kill the trade ...

Or is it 2.9 SL with the spread ?

thanks
SL is 2 pips including the 0.9 spread.
A lil bit choppy today, made a few pips on going down with EUR. Waiting for NY.
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Stop out at +30 pips (Trailing Stop)....now waiting for NY Open
I'm in long from NY... 0SL free trade now
same. by the way i have realised that if you modify sl based on price and not pips, less chances of slippage.


Quoting DanUK
I'm in long from NY... 0SL free trade now
Quoting DanUK
I'm in long from NY... 0SL free trade now
Out at breakeven.
Stop at BE.... a good Monday
I went short lost - 3
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