CAD
BOC Rate Statement
CAD
Overnight Rate
BOC Rate Statement
CAD
Overnight Rate
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- #102
- Sep 7, 2022 12:47pm Sep 7, 2022 12:47pm
- Joined Aug 2017 | Status: learner | 1,960 Posts
CAD BOC Rate Statement CAD Overnight Rate {image}
- #103
- Sep 7, 2022 12:55pm Sep 7, 2022 12:55pm
- Joined Aug 2017 | Status: learner | 1,960 Posts
CAD
BOC Rate Statement
Overnight Rate
BOC Rate Statement
Overnight Rate
- #104
- Sep 8, 2022 12:59am Sep 8, 2022 12:59am
- Joined Aug 2017 | Status: learner | 1,960 Posts
AUD
RBA Gov Lowe Speaks
RBA Gov Lowe Speaks
I have two questions concerning Al-Otaibi's Post 5347:
https://www.forexfactory.com/thread/...3#post13398343
1- When picking a certain News Event from the calendar for testing its effects on our chosen pair, how do you edit time for that event in the box in front of NEWS TEST? This time box doesn't seem to be editable for me (EA ver. 0A29), or maybe I am missing out on something.
2- When is the right time to do the test?
Cheers
https://www.forexfactory.com/thread/...3#post13398343
1- When picking a certain News Event from the calendar for testing its effects on our chosen pair, how do you edit time for that event in the box in front of NEWS TEST? This time box doesn't seem to be editable for me (EA ver. 0A29), or maybe I am missing out on something.
2- When is the right time to do the test?
Cheers
Common sense is not so common!
- #106
- Sep 8, 2022 5:32am Sep 8, 2022 5:32am
- Joined Aug 2017 | Status: learner | 1,960 Posts
1- how do you edit time for that event in the box in front of NEWS TEST?
2- When is the right time to do the test?
- #109
- Sep 8, 2022 10:25am Sep 8, 2022 10:25am
- Joined Aug 2017 | Status: learner | 1,960 Posts
EUR
Main Refinancing Rate
Monetary Policy Statement
ECB Press Conference
Main Refinancing Rate
Monetary Policy Statement
ECB Press Conference
- #110
- Sep 8, 2022 10:35am Sep 8, 2022 10:35am
- Joined Aug 2017 | Status: learner | 1,960 Posts
USD
Fed Chair Powell Speaks
Fed Chair Powell Speaks
- #111
- Sep 9, 2022 10:46am Sep 9, 2022 10:46am
- Joined Aug 2017 | Status: learner | 1,960 Posts
CAD
Employment Change
Unemployment Rate
Employment Change
Unemployment Rate
- #112
- Sep 12, 2022 4:43am Sep 12, 2022 4:43am
- Joined Aug 2017 | Status: learner | 1,960 Posts
GBP
GDP m/m
GDP m/m
- #115
- Edited Sep 14, 2022 6:10am Sep 13, 2022 6:40pm | Edited Sep 14, 2022 6:10am
- Joined Aug 2017 | Status: learner | 1,960 Posts
USD
CPI m/m
Core CPI m/m
CPI m/m
Core CPI m/m
- #116
- Sep 13, 2022 7:03pm Sep 13, 2022 7:03pm
- Joined Aug 2017 | Status: learner | 1,960 Posts
{quote} Hi Phu, I think trading on news looks very promising! So, I like to know your experience in this regard. To trade any pair during news events (GBP in this case): 1. Do you always use the same settings (O, D, FL, LI, TO, LD TP and STPL, etc.), or change your settings according to whether the pair strengthens as a results of the news (like GBP in this case against the USD), or weakens? 2. Do you also turn on ITERATE and REPEAT every time? 3. What about other parameters, like ML, MC, MB, ME, MIRA TP, LOUVERN-TS DIS, and PHU buttons? Usually,...
1. Do you always use the same settings (O, D, FL, LI, TO, LD TP and STPL, etc.), or change your settings according to whether the pair strengthens as a results of the news (like GBP in this case against the USD), or weakens?
2. Do you also turn on ITERATE and REPEAT every time?
3. What about other parameters, like ML, MC, MB, ME, MIRA TP, LOUVERN-TS DIS, and PHU buttons?
Once again, i am still on the way trying to find a profitable strategy for trading news.
i was fail and burnt all my demo account balance with my test last night.
- #117
- Edited 12:47am Sep 14, 2022 12:35am | Edited 12:47am
- | Joined Feb 2022 | Status: Trader | 138 Posts
{quote} I am still on the way trying to find a trading strategy for news. For now, i am testing on trading only ONE single pair, not a basket. Of course, that is the most volatile pair. {quote} i always use the same settings {quote} No, i don't use them. {quote} i don't use them. Once again, i am still on the way trying to find a profitable strategy for trading news. i was fail and burnt all my demo account balance with my test last night.
I haven't traded on news yet, and I like to give it a try. So, I wonder if you would be willing to share your current settings (O, D, FL, LI, TO, LD TP and STPL, etc.) for me to try out too.
Also, how do you select your trade directions for news? BL & SL together, or SS & BS?
Cheers
Common sense is not so common!
- #118
- Sep 14, 2022 3:14am Sep 14, 2022 3:14am
- Joined Aug 2017 | Status: learner | 1,960 Posts
GBP
CPI y/y
CPI y/y
- #119
- Edited 7:07am Sep 14, 2022 6:53am | Edited 7:07am
- Joined Aug 2017 | Status: learner | 1,960 Posts
{quote} Sorry to hear about your loss, albeit on demo! I am sure, however, that you will win in the end. Failing and learning are part of the process to succeed. I haven't traded on news yet, and I like to give it a try. So, I wonder if you would be willing to share your current settings (O, D, FL, LI, TO, LD TP and STPL, etc.) for me to try out too. Also, how do you select your trade directions for news? BL & SL together, or SS & BS? Cheers
First, i identify the recent HIGH and start placing Grid from there for SL. That means i have Refference Price for SL.
In the opposite, i identify the recent LOW and start placing Grid from there for BL. That means i have Refference Price for BL.
Then, i use TESTER to identify O, D, LD, TO, FL, LI based on account balance and MCP.
Then i use SEND button to place Grid before the News is released about 15-30 mins.
When News has already been released and if the price reached the Grid and when it came back to the Refference Price i will close all the trades.
the problem of this strategy is you have to be right at MCP.
i was stoped out last night because i guessed MCP ≤ 250 for that event, but it was greater than 300.
Thanks brother for your explanation. I am trying hard to understand but there are still some points I am confused about:
1. Would you mark the HIGH and LOW points on the shown chart that you use for referencing?
2. What do you mean by "start placing Grid from there"? Do you turn on something in the EA dashboard?
I still don't know how to use the TESTER properly despite searching the whole thread for it several times. I raised this question in Post 12,797 in MACDI-RSI's thread, and I am still waiting for someone to reply and clarify.
https://www.forexfactory.com/thread/...5#post14130455
I would really appreciate it if you could give a simple example to show how the TESTER works? I like to know how you use the TESTER to identify O, D, LD, TO, FL, LI based on account balance and MCP.
Do you mean before or after because earlier in Post 106, you said after:
Thanks for your attention
.
Cheers
First, i identify the recent HIGH and start placing Grid from there for SL. That means i have Refference Price for SL.
In the opposite, i identify the recent LOW and start placing Grid from there for BL. That means i have Refference Price for BL.
1. Would you mark the HIGH and LOW points on the shown chart that you use for referencing?
2. What do you mean by "start placing Grid from there"? Do you turn on something in the EA dashboard?
Then, i use TESTER to identify O, D, LD, TO, FL, LI based on account balance and MCP.
I still don't know how to use the TESTER properly despite searching the whole thread for it several times. I raised this question in Post 12,797 in MACDI-RSI's thread, and I am still waiting for someone to reply and clarify.
https://www.forexfactory.com/thread/...5#post14130455
I would really appreciate it if you could give a simple example to show how the TESTER works? I like to know how you use the TESTER to identify O, D, LD, TO, FL, LI based on account balance and MCP.
Then i use SEND button to place Grid before the News is released about 15-30 mins.
You are the one who decides it. But it must be after the News is released, not prior.
Thanks for your attention
.Cheers
Common sense is not so common!