WhatFX, just see all attachments to this thread, they cant be fake
Big players and Forex 4 replies
DislikedThat is just...not true...Ignored
Dislikedhey fellas, dont get me wrong. iam not dissing tony or his system.
i aint seen any signals on the 5 sec chart that went on to be a successful trade, none in the last 4 weeks i have been testing this system.
so if you deathbelt, and lukazman both have your stats for the last 4 weeks at least, i would be happy to take a look at them.
Q) how many successful trades have you guys had using this method in the last 2 months, where the 5 sec 5 pip candle did not reverse on you ?
anyway, the idea of having very tight stops is something...Ignored
DislikedThe best time to trade is during a speech or conference. Wait for a break-out and jump in.Ignored
DislikedGuys, there is only one thing that will make a difference between success and failure with this system.
We have to eliminate the chances entering on false breakouts, just like in the e.g.
For the moment, I use these rules and settings:
1. Trading after 3 am est. time
2. Trading in the minutes following major news
3. Trading in the minutes following major speeches
4. Trading at psychological, support and resistance level
DislikedRecalling the post of Neil 1027, page 69. Tony had already said it once.
Another small question: This psychological support is within 5 seconds?Ignored
Dislikedsorry to be blunt, you wont get a 5 pip 5 sec candle , not even once in a month. maybe in a blue moon.
so, i dont know where tony gets his tbh.Ignored
Dislikedyou would need to observe a 5 sec chart for the break-out (5+ pip candle), entry would be done based on what you observe on the 5 sec chart but you can get a hint from the 5 min or 15 chart for the support and resistance...
either way, it's not the best way to trade.
As I posted, the MOST successful way to trade to enter a 5 pip candle at a beginning of a speech or conference... anything can be said.Ignored