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  • #61
  • Mar 16, 2009 12:01am Mar 16, 2009 12:01am
also tony since how long are you trading this system?
  • #62
  • Mar 16, 2009 12:54am Mar 16, 2009 12:54am
recently I don't even get into to much of those details... All I wait for is slow price action followed by unusual fast price action and a movement of 7-10 pips in a matter of seconds (max 10 sec.)
Invest in alarm clocks
  • #63
  • Mar 16, 2009 12:55am Mar 16, 2009 12:55am
If I feel tired I could then set my TP to 50 - 100 pips and go to bet... if I stike it good if not who cares
Invest in alarm clocks
  • #64
  • Mar 16, 2009 3:16am Mar 16, 2009 3:16am
yes
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Invest in alarm clocks
  • #65
  • Mar 16, 2009 3:28am Mar 16, 2009 3:28am
How often do you set your TP as high as 50 to 100? The sudden move easily earns some pips, but the retrace could wipe out potential profits. Wouldn't a lower TP be better?
  • #66
  • Mar 16, 2009 4:05am Mar 16, 2009 4:05am
hi my friend Tony .. nice to see this system in live

imagine before 1 year i have talk with my friend and ask him to creat system based on speed of cantinuation in 1 min cahrt .. and also breacking high/ low .. and breacking moving average ..

he didnot encuarege me to test it..

and now i see your system based on speed of cantinuation ..

thanx for sharing and i will keep visiting ur thread


Plus:
I wonder if there is such EA can determine the speed of countinuation and then give signal ...
Never sell @ lower upward channel unless breacked and vise versa .
  • #67
  • Mar 16, 2009 4:20am Mar 16, 2009 4:20am
hi Tony,

how many pips a week do you grab with this strategy?
  • #68
  • Mar 16, 2009 7:04am Mar 16, 2009 7:04am
i smell f success in here
Invest in alarm clocks
  • #69
  • Mar 16, 2009 7:15am Mar 16, 2009 7:15am
It so f***** smells like Cuba or FLA in here. Sorry about that I get excited people I so f****** can't take it. it too nice
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Invest in alarm clocks
  • #70
  • Mar 16, 2009 7:25am Mar 16, 2009 7:25am
Quoting fugly
hi Tony,

how many pips a week do you grab with this strategy?
I don't keep track because I don't stay up everyday... I need discipline...

but I can tell you that if I say 80 pips per week it's going to be 80 pips guaranteed ..... no win some loose some day by day.... and end up with nothing

my strategy works something close to 90% if well done
Invest in alarm clocks
  • #71
  • Mar 16, 2009 7:26am Mar 16, 2009 7:26am
Quoting WedWed
hi my friend Tony .. nice to see this system in live

imagine before 1 year i have talk with my friend and ask him to creat system based on speed of cantinuation in 1 min cahrt .. and also breacking high/ low .. and breacking moving average ..

he didnot encuarege me to test it..

and now i see your system based on speed of cantinuation ..

thanx for sharing and i will keep visiting ur thread


Plus:
I wonder if there is such EA can determine the speed of countinuation and then give signal ...
.


SPEED CONTINUATION.... i love your words my friend....SPEED CONTINUATION & and CONTINIOUS PRICE ACTION.

Wait for your 5+ pips pop and then wait to see if price action continues or drops back.... golden stuff
Invest in alarm clocks
  • #72
  • Mar 16, 2009 7:31am Mar 16, 2009 7:31am
how ya'll lawd tha? i law NY open
Invest in alarm clocks
  • #73
  • Mar 16, 2009 7:40am Mar 16, 2009 7:40am
I roll deep now those my 1 pip value is f huge its scary to trade for me
Invest in alarm clocks
  • #74
  • Mar 16, 2009 7:41am Mar 16, 2009 7:41am
My default Order Size is f 98%!!! hihi not for the faint of heart
Invest in alarm clocks
  • #75
  • Mar 16, 2009 7:50am Mar 16, 2009 7:50am
just missed this.... that an opportunity 6 pips drop + continuation .... thats what happens when you're doing 9 things at the same time in including breakfast
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Invest in alarm clocks
  • #76
  • Mar 16, 2009 7:55am Mar 16, 2009 7:55am
Hi tony want to know when do you get on high alert and start looking for this action.
I guess when market open ?
If that is true then generally how much time it takes on an average before you see such action ?
In short want to know if you could us time idea when to be most alert with this chart.
Thanks
  • #77
  • Mar 16, 2009 10:06am Mar 16, 2009 10:06am
Hey Tony

I like your style, lol

I have a question. Does this happens to you?Price way ahead of the actual charting! What do you do if it does? It is realy annoying, your strategy can not be traded if this happens.

Thanks
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  • #78
  • Mar 16, 2009 5:28pm Mar 16, 2009 5:28pm
well if it has a 90% win ratio on a 5sec chart this would maen a lot of opportunities and that too with a reward:risk of well above 1 (you say your stop is 10 pips and ur tp 15/25/50/100 this would make it a very profitable strategy.

Problem is there are a lot of fake outs, price pops 5 bars in one direction then falls right back how do you avoid this ..... do u use any indicators or filters or something similar to avoid fals breakouts Tony?

Thanks
  • #79
  • Mar 16, 2009 5:29pm Mar 16, 2009 5:29pm
what broker are you using for 5 sec charts?
  • #80
  • Mar 16, 2009 6:52pm Mar 16, 2009 6:52pm
Quoting fugly
what broker are you using for 5 sec charts?
Oanda.
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