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  • #181
  • Dec 18, 2006 12:22am Dec 18, 2006 12:22am
ok DL was faster than expected....

first i had the same problem.....

you have to enable "Allow Live Trading" in Tools->Options on the "expert Advisor" Tab

Then it should work.

regards
  • #182
  • Dec 18, 2006 1:14am Dec 18, 2006 1:14am
Quoting illuminatus
ok DL was faster than expected....

first i had the same problem.....

you have to enable "Allow Live Trading" in Tools->Options on the "expert Advisor" Tab

Then it should work.

regards
Yup, its working now, never knew that option has to be enabled even for a demo account lol. Thanks man .
  • #183
  • Dec 18, 2006 6:02am Dec 18, 2006 6:02am
Hi Guys,

Nice thread, thank you all for the valuable discussion.
I am especially interested in Autoclick and your suggestions of brokers for trading the news. I would be grateful for any info on Autoclick software and broker recomendations, especially coming from live account traders.

Illuminatus, how could you straddle with 5, with Interbankfx widening spreads up to 20 pips during news?? Or have I misunderstood something?

Quoting illuminatus
i use interbankfx live account....I even straddle with 5 without problems.

Try to set the straddle 20 or 30 and test again.

I will DL the NF platform later and check if it is working there for me.

regards
Happy trading,

Oyster
"It takes hard work, but ya know what's comin' after..."
  • #184
  • Dec 18, 2006 6:31am Dec 18, 2006 6:31am
Quote
Illuminatus, how could you straddle with 5, with Interbankfx widening spreads up to 20 pips during news?? Or have I misunderstood something?

because the orders are placed 5 PIPS above the ASK price and 5 PIPS below the BID price. besides 18 to 20 spread is extrem....the spread is most of the time around 13.

for example GBP Retail Sales last week:

17:29:53 Script News GBPUSDm,M30: loaded successfully
17:29:54 '': pending order buy stop 3.00 GBPUSDm at 1.9671 sl: 1.9661 tp: 1.9721
17:29:55 '': request was accepted by server
17:29:55 '': request in process
17:29:55 '': order was opened : #12787974 buy stop 3.00 GBPUSDm at 1.9671 sl: 1.9661 tp: 1.9721
17:29:55 '': pending order sell stop 3.00 GBPUSDm at 1.9654 sl: 1.9664 tp: 1.9604
17:29:56 '': request was accepted by server
17:29:56 '': request in process
17:29:56 '': order was opened : #12787977 sell stop 3.00 GBPUSDm at 1.9654 sl: 1.9664 tp: 1.9604
17:29:56 Script News GBPUSDm,M30: removed

I straddled this one with 5 so:
buy was @9671
sell was @9654
that's a difference of 17-(2*5)=7 Spread
that was some seconds before the news after the release the spread was 12 if I recall correctly......

hope that helps

regards
  • #185
  • Edited 10:15am Dec 18, 2006 9:59am | Edited 10:15am
Hi Maxey and everybody, I am new in this tread but kind of interesting to try trade the news. As per Calender tomorrow there will 2 big news ie:
1) At 12pm GMT CPI for CAD
2) At 130pm GMT USD PPI

For CAD CPI, as per your spreadsheet there will be either to set TP +40 (50% work) or TP +10(70% work), SL -10, stradle +/- 5 and whipsaws 1-2pip
My Q: 1) which one is the best setting TP +40 or +10 for tomorrow
2) Can somebody explain what is whipsaws?

For USD PPI as per your spread sheet Whipsaws: 2-6 PIP, RATING: 60% Works, Technique: Straddle ±5 & With SL:10 TP:35
As you noted at How to trade by checking the colors "20 Sec before the volatile news happens, usually Straddle Stop order on +10 and -10
My Q: Which one should i follow stradle +/-10 or +/- 5?

Appreciate your answer
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  • #186
  • Dec 18, 2006 1:04pm Dec 18, 2006 1:04pm
Quoting mazidah37
Hi Maxey and everybody, I am new in this tread but kind of interesting to try trade the news. As per Calender tomorrow there will 2 big news ie:
1) At 12pm GMT CPI for CAD
2) At 130pm GMT USD PPI

For CAD CPI, as per your spreadsheet there will be either to set TP +40 (50% work) or TP +10(70% work), SL -10, stradle +/- 5 and whipsaws 1-2pip
My Q: 1) which one is the best setting TP +40 or +10 for tomorrow
2) Can somebody explain what is whipsaws?

For USD PPI as per your spread sheet Whipsaws: 2-6 PIP, RATING: 60% Works, Technique: Straddle ±5 & With SL:10 TP:35
As you noted at How to trade by checking the colors "20 Sec before the volatile news happens, usually Straddle Stop order on +10 and -10
My Q: Which one should i follow stradle +/-10 or +/- 5?

Appreciate your answer

Here is a picture of some strong whipsaw from USD GDP Nov 29 2006

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Attached Image
  • #187
  • Dec 18, 2006 7:56pm Dec 18, 2006 7:56pm
Quoting jtl
Here is a picture of some strong whipsaw from USD GDP Nov 29 2006
Thanks for your picture, I still not get what whipsaws means since the image you attached might be too big size. Can you explain it in wording please.
  • #188
  • Dec 18, 2006 8:41pm Dec 18, 2006 8:41pm
Quoting mazidah37
Thanks for your picture, I still not get what whipsaws means since the image you attached might be too big size. Can you explain it in wording please.
Hello
it is by some words
whipsaws means spike "strong and fast move" against the real news spike way before or after the news comes out

example one: we had news on 8:30 EST so we had our orders straddle by 10 pips away of current price 'current price should be 8:29 close price" then 30th minute opened and

1- news did not comes out yet "I'm talking about seconds" market spike for 10 pips down our sell orders opened then news come out bad for the dollar "" I'm talking about GBP/USD "" so market goes up with news way

2-news comes out and I had example on NFP of NOV
we had our orders placed away 10 pips away of.........etc
30th minute open market still calm waiting for the number then NFP numebr comes out bad for dollar GPB/USD spike up by XX pips and comes back to prereleasr price in one second how fast you are or your broker is no one can close with out loss on this one then revision of last month comes out and unemplyment rate comes out good for the dollar market spike down and continue to goes down by the way all of these in just few seconds

hope you understand some thing from this
sorry if there is many mistakes with my typing my mother langage is not english
  • #189
  • Dec 18, 2006 9:20pm Dec 18, 2006 9:20pm
Here is jpg of a 5min GBP/USD chart. If it doesn't come up, the date you can look at it on your chart is 29 Nov 2006 at 8:30am EST, 1330GMT.

The market basically jumps up and down before settling on a direction.
Attached Image
  • #190
  • Dec 18, 2006 9:34pm Dec 18, 2006 9:34pm
Thanks, Khaldonm now i understand...but it make me scared if in 1 sec the such wide whipsaw could spoil our stradle setting....ARGHHHHH:surprised
  • #191
  • Dec 18, 2006 10:18pm Dec 18, 2006 10:18pm
Quoting mazidah37
Thanks, Khaldonm now i understand...but it make me scared if in 1 sec the such wide whipsaw could spoil our stradle setting....ARGHHHHH:surprised
Not to worry mazidah..
That kinda whipsaw can hit your TP up and down.
Trade the Possibilities
  • #192
  • Dec 19, 2006 2:30am Dec 19, 2006 2:30am
Quoting illuminatus
because the orders are placed 5 PIPS above the ASK price and 5 PIPS below the BID price. besides 18 to 20 spread is extrem....the spread is most of the time around 13.

for example GBP Retail Sales last week:

17:29:53 Script News GBPUSDm,M30: loaded successfully
17:29:54 '': pending order buy stop 3.00 GBPUSDm at 1.9671 sl: 1.9661 tp: 1.9721
17:29:55 '': request was accepted by server
17:29:55 '': request in process
17:29:55 '': order was opened : #12787974 buy stop 3.00 GBPUSDm at 1.9671 sl: 1.9661 tp: 1.9721
17:29:55 '': pending order sell stop 3.00 GBPUSDm at 1.9654 sl: 1.9664 tp: 1.9604
17:29:56 '': request was accepted by server
17:29:56 '': request in process
17:29:56 '': order was opened : #12787977 sell stop 3.00 GBPUSDm at 1.9654 sl: 1.9664 tp: 1.9604
17:29:56 Script News GBPUSDm,M30: removed

I straddled this one with 5 so:
buy was @9671
sell was @9654
that's a difference of 17-(2*5)=7 Spread
that was some seconds before the news after the release the spread was 12 if I recall correctly......

hope that helps

regards
Thanks Illuminatus, it's clear now.

Does anyone have any experiences to share about autoclick software? Links would be appreciated. How does the whole thing perform live? Which broker would be the best option for it? I am considering EFX...

Happy PPI,

Oyster
"It takes hard work, but ya know what's comin' after..."
  • #193
  • Dec 19, 2006 7:39am Dec 19, 2006 7:39am
Today news: USD PPI...got a profit using MaXeY data. Thanks to u for your great works.
  • #194
  • Dec 19, 2006 8:13am Dec 19, 2006 8:13am
I was also in profit 31PIPS....but due to requotes I ended up with only 5PIPS....

Anyway I also used MaXey's List....it's really awesome.

THANKS MAN
  • #195
  • Dec 19, 2006 8:14am Dec 19, 2006 8:14am
Quoting illuminatus
I was also in profit 31PIPS....but due to requotes I ended up with only 5PIPS....

Anyway I also used MaXey's List....it's really awesome.

THANKS MAN
what do u mean requotes?
Ghost Swoopen in for my pips while no one is lookin !!
  • #196
  • Dec 19, 2006 8:19am Dec 19, 2006 8:19am
I wanted to close half of my position @+30PIPS....but then price started to retrace really fast so my exit price wasn't accepted....so I got a requote or say the offer to close @ current price but when I confirmed, this price was also not valid anymore and so on...when my price was accepted it was only +5PIPS....

cheers
  • #197
  • Dec 19, 2006 10:46am Dec 19, 2006 10:46am
The lucky is not with me today, i place the script 20 sec before news but i think it might be too late, only buy stop was triggered, the sell stop ended up with invalid nvalid S/L or T/P, maybe at 2006.12.19 21:29:49 the spread was started to news spread. .

2006.12.19 21:29:49 order sell stop 1.00 GBPUSDm opening at 1.9611 sl: 1.9621 tp: 1.9576 failed [Invalid S/L or T/P]

2006.12.19 21:29:47 pending order sell stop 1.00 GBPUSDm at 1.9611 sl: 1.9621 tp: 1.9576

2006.12.19 21:29:47 order was opened : #12863440 buy stop 1.00 GBPUSDm at 1.9631 sl: 1.9621 tp: 1.9666

2006.12.19 21:29:47 request in process

2006.12.19 21:29:47 request was accepted by server

2006.12.19 21:29:45 pending order buy stop 1.00 GBPUSDm at 1.9631 sl: 1.9621 tp: 1.9666

2006.12.19 21:29:42 Script USDPPI GBPUSDm,M1: loaded successfully
  • #198
  • Dec 19, 2006 11:11am Dec 19, 2006 11:11am
There's always a problem like that. Same goes to AmazingEA :surprised
Trade the Possibilities
  • #199
  • Dec 19, 2006 11:54am Dec 19, 2006 11:54am
Quoting Fisher
There's always a problem like that. Same goes to AmazingEA :surprised
Hey, Fisher your Amazing EA also unable to place the stop sell? Do you think this problem should be ok if we set the EA or placing the script 1 min before news. What setting do you used for :
SecBPO=20; // Seconds Before News Which EA Will Place Pending Orders
SecBMO=20; // Seconds Before News Which EA Will Stop Modifying Orders

Do you understand what is
CTCBN=0; // Numbers Candles to check Before News For determining High & Lows , when it is 1 it check 2 candles the current candle and the 1 last one
BEPips=0; // Pips In profit which EA will Move SL to BE+1 after that
RiskPercent=3;
  • #200
  • Dec 19, 2006 12:36pm Dec 19, 2006 12:36pm
Hi mazidah37,

I had no problem with opening the orders today

21:29:52 Script News GBPUSDm,M30: loaded successfully
21:29:53 : pending order buy stop 3.00 GBPUSDm at 1.9622 sl: 1.9612 tp: 1.9722
21:29:54 : order was opened : #12863409 buy stop 3.00 GBPUSDm at 1.9622 sl: 1.9612 tp: 1.9722
21:29:54 : pending order sell stop 3.00 GBPUSDm at 1.9608 sl: 1.9618 tp: 1.9508
21:29:55 : request was accepted by server
21:29:55 : request in process
21:29:55 : order was opened : #12863410 sell stop 3.00 GBPUSDm at 1.9608 sl: 1.9618 tp: 1.9508
21:29:55 Script News GBPUSDm,M30: removed

What broker do u use? Or maybe ur internet connection is not so fast....

regards
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