Dislikedopening hours, s&r, 5+ pip candles, unexpected news reports all with 0SL
expected news reports = neverIgnored
Big players and Forex 4 replies
DislikedDid you settle for 100pips on the London Open today Tony or is that not Epic enough to get the disco balls out these days?
Thanks so much for this thread and the possibilities it has opened up, I know you probably wouldn't approve but I have started filtering the opens through stoch to help my get the direction right, I'm sure there are lots of others like me who are taking this and tweaking it to fit their personality. I don't dare trade this at 98%, I'm at 30% currently with a 2pip SL (plus spread + slippage).
I'm not clever enough...Ignored
DislikedOk I give, I've seen this a few times. What does OSL meanIgnored
DislikedI am new here, just reading this interesting and insightful strategy, but I am guessing it means Zero Stop LossIgnored
DislikedHas anyone tried using MB Trading for this strategy? And if so, how have the spreads and slippage been? Thanks in advance.
DislikedI looked at them and their spread at NY open is usually .9 . Then you have to add about .6 to that with the commission cost so the spread is really about 1.5. Plus, since they're an ECN, you sometimes get partial fills. I really wanted to use them since they allow IRA accounts and Oanda doesn't. But too costly of a spread for this strategy I think. Don't think slippage is a problem though.Ignored