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Attachments: Let's Trade The News V 0.4 !
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Let's Trade The News V 0.4 !

  • #261
  • Dec 22, 2006 8:31am Dec 22, 2006 8:31am
Thats the Disadvantages of straddle Technique.

Straddle Traders
- we enter the market before know the actual data
- If our DEV didn't Hit we loss.
- Fear
- hmm entry not bad
#Success around 75%

Autoclick Traders
- Enter when number release
-If DEV didn't hit They don't enter
-No Fear
-Perfect Entry
#Success around 95%


Quoting Fisher
Yea Maxey,

I'm just afraid that the movement will hit my order stop before I manage to get the actual data.
Charting Markets into the Future...MǎҖ€¥.
  • #262
  • Dec 22, 2006 9:38am Dec 22, 2006 9:38am
What type of news need to used the fade technique?

And how do u know when to fade?
  • #263
  • Dec 22, 2006 9:40am Dec 22, 2006 9:40am
no much news around 3 news can be faded. like today news can be straddle Or faded. check news file.

TOO RISKYYYYYYYY

Quoting OxiG
What type of news need to used the fade technique?

And how do u know when to fade?
Charting Markets into the Future...MǎҖ€¥.
  • #264
  • Dec 22, 2006 10:16am Dec 22, 2006 10:16am
hi every one i'm new in this forum. it's been gtr reading all posts here
and a BIG thanks to maxey who's been my mentor to the past three days
  • #265
  • Dec 22, 2006 12:55pm Dec 22, 2006 12:55pm
Quoting MaXeY
Thats the Disadvantages of straddle Technique.

Straddle Traders
- we enter the market before know the actual data
- If our DEV didn't Hit we loss.
- Fear
- hmm entry not bad
#Success around 75%

Autoclick Traders
- Enter when number release
-If DEV didn't hit They don't enter
-No Fear
-Perfect Entry
#Success around 95%
Yea Maxey.. good info.

Straddle traders enter the market before know the actual data. IMHO, if we manage to get the actual data before the movement hit our pending order (order stop), then we can cancel 1 pending order that against the deviation. In this case, we can prevent 'trade against deviation' or whipsaw.

But in order to get the fastest 'free' news release is not that easy.. that's the problem. Normally, the movement will hit our pending order before we know the actual data, sometimes in right direction, sometimes in wrong direction/whipsaw especially when a conflict between big news.

Personally, I believe that we can make a consistent profits by straddling news, as long as we know what to trade and when to trade.

Correct me if I'm wrong.
Trade the Possibilities
  • #266
  • Dec 22, 2006 12:58pm Dec 22, 2006 12:58pm
My Last Word...

Joining To Autoclick Service + Lets News File = We'll Rock
Charting Markets into the Future...MǎҖ€¥.
  • #267
  • Dec 22, 2006 1:02pm Dec 22, 2006 1:02pm
Thank you for your great work, it’s wonderful.

<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o> </o>

I have been trading the News for 6 months.

And was using Oanda, but they started widen the spread up to 20 pips during the News. So I lost a lot.

Which broker do you use?

<o> </o>

Thanks and regards

Merry Christmas

Bobby

Quoting MaXeY
Hello



1st Big Thanx For Bemac





Here's The Last Update For Lets Trade The News File V 0.4

Whats New:
-Added US , UK , Eur , CAD , AUD , NZD.
-Recommended Straddle , Stop-Loss , Take Profit.
-If You use News Service, So Theres Some Safe Triggers inside.
-Recommended Sites For News Release Numbers Inside.

If you Don't Trade The News, So This File Maybe Help You To Know Whatever News Cameout so Where The Market 'll Go.

The File Didn't Completed yet.. UnderProgress.
The File Open Source Anyone Can Edit It !

I Shared It Becuase Maybe After Some Weeks 'll Be Busy.

Notes:
-Choose The Right broker
-Sometimes You Can burned


DownLoad Here..
  • #268
  • Dec 22, 2006 3:56pm Dec 22, 2006 3:56pm
I am pretty new to this and I don't quite know what is meant by fade verses straddle. Could someone please enlighten me. Thank you
  • #269
  • Dec 22, 2006 11:07pm Dec 22, 2006 11:07pm
-Straddle: Set 2 Stop-orders before news (Buy-Stop , Sell-Stop) 5 or 10 pips before specific news.

-Fade: Enter The Trade After News (limit orders)
EX: candle spike 40pips up we enter sell ... Yesterday Example

Too Risky For Noobs.

Quoting fritz1216
I am pretty new to this and I don't quite know what is meant by fade verses straddle. Could someone please enlighten me. Thank you
Attached Image
Charting Markets into the Future...MǎҖ€¥.
  • #270
  • Dec 22, 2006 11:11pm Dec 22, 2006 11:11pm
Quoting MaXeY
-Straddle: Set 2 Stop-orders before news (Buy-Stop , Sell-Stop) 5 or 10 pips before specific news.

-Fade: Enter The Trade After News (limit orders)
EX: candle spike 40pips up we enter sell ... Yesterday Example

Too Risky For Noobs.
Thanks for explaining the Fade! It sounds intersting!

Best Wishes & Happy Holidays,
Tom
Best Wishes, Tom
  • #271
  • Dec 23, 2006 8:27am Dec 23, 2006 8:27am
Quoting MaXeY
Thats the Disadvantages of straddle Technique.

Straddle Traders
- we enter the market before know the actual data
- If our DEV didn't Hit we loss.
- Fear
- hmm entry not bad
#Success around 75%

Autoclick Traders
- Enter when number release
-If DEV didn't hit They don't enter
-No Fear
-Perfect Entry
#Success around 95%
I just install the news strike voice, if compare autoclick services against news strike voice, base on your experience if autoclick is 95% sucsess, how much %tage of sucsess for using news strike voice by just hearing the voice then we mannually calculate the dev then enter the market?

To use the autoclik facilities we have to used their platform right?. How good is their spread and slippage?
  • #272
  • Dec 23, 2006 10:34am Dec 23, 2006 10:34am
Quoting MaXeY
-Straddle: Set 2 Stop-orders before news (Buy-Stop , Sell-Stop) 5 or 10 pips before specific news.

-Fade: Enter The Trade After News (limit orders)
EX: candle spike 40pips up we enter sell ... Yesterday Example

Too Risky For Noobs.
hi
I named it as trading the retrace before second wave for the price action even if the news up you can trade the retrace brfore price continue in its way and vis versa

you can explain this retrace for the price that many big banks that trade the news take thier profit immediately after news spike but it is hard to know where and some times there is no retrace it depend on news actual number thr trend and ......
in my oppinion there is retrace always for low vitality news and big news look at BK Historical charts..
hope this help and if there is any thing wrong please correct me
not you Max all ppl
I'm not comment on your post Max but I'm adding to it

happy Eid for you max and all muslim here
and Marry Christmas for all of you

Happy new year for all of us
  • #273
  • Dec 23, 2006 10:37am Dec 23, 2006 10:37am
Hi all again
next week there is no big news to be anoucnt only on tuesday there is Existing Home Sales and Chicago PMI

take care all of you
c u
  • #274
  • Dec 23, 2006 11:26am Dec 23, 2006 11:26am
Quoting khaldonm
Hi all again
next week there is no big news to be anoucnt only on tuesday there is Existing Home Sales and Chicago PMI

take care all of you
c u
yea, you're right, and i dont think that Existing Home Sales is cool, so there is no news next week worth trading, let's move to TA next week, we'll probably see some big moves next week, maybe new High before end of 2006 year...
  • #275
  • Dec 23, 2006 1:14pm Dec 23, 2006 1:14pm
Me, no trade until next year. But I think it's safe to get 10-15 pips from Existing Home Sales.
Trade the Possibilities
  • #276
  • Dec 23, 2006 2:35pm Dec 23, 2006 2:35pm
Quoting Fisher
Me, no trade until next year. But I think it's safe to get 10-15 pips from Existing Home Sales.
There;'s no pointtrading around when there is so little liquidty .. .the mkt will not move as you expect and all it takes is a few traders with deep pockets to push the quotes around .... and the home sales report will most likley be ignored unless massively out, the chicago pmi and cons conf are much more important
  • #277
  • Dec 23, 2006 3:14pm Dec 23, 2006 3:14pm
Quoting sccz97
There;'s no pointtrading around when there is so little liquidty .. .the mkt will not move as you expect and all it takes is a few traders with deep pockets to push the quotes around .... and the home sales report will most likley be ignored unless massively out, the chicago pmi and cons conf are much more important
There's a point, if you dare to take the risk.. with a tight stop-loss. And hopefully, that big boys back to work after holidays.
Trade the Possibilities
  • #278
  • Dec 23, 2006 8:44pm Dec 23, 2006 8:44pm
Quoting Fisher
There's a point, if you dare to take the risk.. with a tight stop-loss. And hopefully, that big boys back to work after holidays.
December 15th till January 15th = Houskeeping and Code Catch Up Opportunity

Nuts and Kamikaze's will be trading. Do you want to play with them?
Then you deserve what you get. If you are +Pips, Goodonya, If you are -Pips, at least you were warned.
  • #279
  • Dec 24, 2006 12:10am Dec 24, 2006 12:10am
Quoting Bemac
December 15th till January 15th = Houskeeping and Code Catch Up Opportunity

Nuts and Kamikaze's will be trading. Do you want to play with them?
Then you deserve what you get. If you are +Pips, Goodonya, If you are -Pips, at least you were warned.
Worth to try. I'm waiting for ISM Index (Jan 02) and NFP (Jan 05).
And your advice is no trade until Jan 16?
Trade the Possibilities
  • #280
  • Dec 25, 2006 10:11pm Dec 25, 2006 10:11pm
Quoting MaXeY
Autoclick is software that press buy or sell for you, you can enter the market before the spike, means u enter before news so u can catch the most move.

all u have to do is set your triggers.... EX
lets say we have Retail Sales expected 0.2%
-in this software you set that
Buy: 0.6%
Sell:-0.2%

lets say actual came 0.7% so your buy trigger hit, automatic buy position open itself, and this the advantage to enter at the intial spike (you save 5 sec to calculate in ur mind to go buy or sell)

if actual number came 0.3% so its didnt hit the tigger u set, so no trade... and this the advantage of it to avoid bad trades.
To set the triggers we have to know what DEV it should and safe for Buy or Sell individually on each news. Those all the numbers it is being provided by Autoclick software provider or we have to base on previous history data as what you compiled and noted on each news comment in you V 4.0 excel spreadsheet?
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