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Central Banks & Big Players

  • #521
  • Sep 11, 2009 12:18pm Sep 11, 2009 12:18pm
not good
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  • #522
  • Sep 11, 2009 1:15pm Sep 11, 2009 1:15pm
hi tony still waiting on your answer?
  • #523
  • Sep 11, 2009 10:50pm Sep 11, 2009 10:50pm
Quoting monies
hi tony you said when taking a news trade enter on a powerful candle what lenght(how many pips in lenght )would u reccommend.

same thing would apply... about 10 pip candle
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  • #524
  • Sep 11, 2009 11:08pm Sep 11, 2009 11:08pm
believe me
start, in an EA, gets run on every TICK and you can fire out multiple orders Real fast, found that out by accident
taking series 3 and 34
  • #525
  • Sep 12, 2009 5:47am Sep 12, 2009 5:47am
Dont know tony i think a 10 pip candle is to small after the news spike price on some occassions tends to correct it self very quickly?just my input.
  • #526
  • Sep 12, 2009 10:44am Sep 12, 2009 10:44am
Quoting skorcht
believe me
start, in an EA, gets run on every TICK and you can fire out multiple orders Real fast, found that out by accident
anyway the slow thing is what happened on my computer and network. i am in China so i know the speed between my PC and the server is limited. i was in new york a few years ago, but i did not notice this point at that time.
  • #527
  • Sep 12, 2009 2:07pm Sep 12, 2009 2:07pm
Quoting monies
Dont know tony i think a 10 pip candle is to small after the news spike price on some occassions tends to correct it self very quickly?just my input.
yes, I'm not talking about the initial candle that comes at :00 ...! it would be a candle following the news... like 5 minutes after... I don't trade news spikes because 1. the spread at oanda is ridiculous 2. because of slippage
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  • #528
  • Sep 13, 2009 1:38pm Sep 13, 2009 1:38pm
I am considering modifying my entry requirements.... thinking bout a 12 pip candle MINIMUM... Because last week I kept on entering 5-6 pip candles with loads of disappointment
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  • #529
  • Sep 13, 2009 1:41pm Sep 13, 2009 1:41pm
there's no place for playing around this week, i will be firm with the minimums, you will never see an entry on a 6 pip candle anymore
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  • #530
  • Sep 14, 2009 12:40am Sep 14, 2009 12:40am
Quoting shinetrip
anyway the slow thing is what happened on my computer and network. i am in China so i know the speed between my PC and the server is limited. i was in new york a few years ago, but i did not notice this point at that time.
i do think this is the network problem
as i did it in my VPS a/c (vpsland) the response is quite fast and many orders were triggered so i decide to modify my EA
Thank
  • #531
  • Sep 14, 2009 1:44am Sep 14, 2009 1:44am
Quoting Tony112
I am considering modifying my entry requirements.... thinking bout a 12 pip candle MINIMUM... Because last week I kept on entering 5-6 pip candles with loads of disappointment
10pip candles seem to be pretty consistent overall (70-90% success) for good moves. i think we just gotta stick to that - requirement! quality vs quantity but thats why its nice to have 5pip stop cuz it allows you few trades.
  • #532
  • Sep 14, 2009 1:48am Sep 14, 2009 1:48am
Quoting darkness
10pip candles seem to be pretty consistent overall (70-80% success) for good moves. i think we just gotta stick to that - requirement!
this is true... we're looking for dimes... and let's not forget those candles represent and have many times represented... 100+ pip moves (and this, in minutes)
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  • #533
  • Sep 14, 2009 1:51am Sep 14, 2009 1:51am
the bigger the better... let's watch....my day starts...:nerd: in 7 minutes, exactly when 99% of my neighbors are in their deepest sleep 3 am lol

i love it
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  • #534
  • Sep 14, 2009 2:04am Sep 14, 2009 2:04am
Quoting Tony112
the bigger the better... let's watch....my day starts...:nerd: in 7 minutes, exactly when 99% of my neighbors are in their deepest sleep 3 am lol

i love it
haha. thats the spirit.
  • #535
  • Sep 14, 2009 4:18pm Sep 14, 2009 4:18pm
Hi Tony and anyone else trading this...

was there any set up today be it loss or profit? I have been travelling all day before the london open to about an hour ago so no looking at screens for me lol

Thanks

Oz
  • #536
  • Sep 15, 2009 4:31am Sep 15, 2009 4:31am
entry made right after German ZEW Economic Sentiment... GBP SPREAD not influenced at that time
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  • #537
  • Sep 15, 2009 4:35am Sep 15, 2009 4:35am
m*ther fu**en sh*t !!!!!!!!!!!!
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  • #538
  • Sep 15, 2009 4:46am Sep 15, 2009 4:46am
how many times will i see this in my lifetime
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  • #539
  • Sep 15, 2009 5:12am Sep 15, 2009 5:12am
hi tony did you get stopped out?lol
  • #540
  • Sep 15, 2009 5:20am Sep 15, 2009 5:20am
Quoting monies
hi tony did you get stopped out?lol
not at all green dot is for TP
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