Central Banks & Big Players | Page 45 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How do you know all the positions held by big players? 25 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Central Banks and Big Players: Slight change in code reqd 7 replies

Japanese housewives are wrecking the forecasts of big players! 25 replies

Big players and Forex 4 replies

Attachments: Central Banks & Big Players
Exit Attachments

Central Banks & Big Players

  • #881
  • Nov 2, 2009 9:56am Nov 2, 2009 9:56am
Quoting ozzieb88
I suggest you read through it all.. Its a good read but it makes sense, with the way the system is its not just one rule kind of thing. You need to get a feel for it.

So just posting a link to the relevant post would not benefit you IMO.

Wouldnt you like to know WHY the trades where taken and how the system developed? Or do you just want rules to follow?

Oz
I'd have to agree with ozzie. Knowing the rules alone will do very little. You need to practice and apply them over and over again. Its like learning to spike a volleyball. Anyone can explain the basic steps to you but until you apply these principles in actual practice, you will never be able to do it properly.

Too many people are looking for the magic pill, jumping from system to system. They dabble around in search of the next big system and never learn to master anything.

Any decent system can be used to make money but if you're hoping to find a system which you can learn in 10 minutes and start making money in a few days, you might as well be looking for the pot of gold at the end of a rainbow.
  • #882
  • Nov 2, 2009 10:20am Nov 2, 2009 10:20am
Quoting stevegee58
I go through dozens of systems a week so for now I just want the rules to follow. If a system looks like it has merit, I devote more time to it.

Sorry to come off as rude. It's not like devoting some attention to a systems thread on FF is like joining a church and becoming a "true believer" first. I'm a skeptical pain in the arse.
Skeptical I can understand. BUT you want rules...You have them. Im not being rude by the way. The ONLY rule this system has is on post 1.

Tony is the "master" of this system for us, and therefore he has had time to play with it and tweak it to his own technique...to which I am also trying to do. But if you want to just follow rules, well post 1. that's all you need and screen time.

Im not trying to put you off or try not to help, but thats all there is to it.

Enjoy

Oz
  • #883
  • Nov 2, 2009 10:24am Nov 2, 2009 10:24am
Quoting stinger88
might as well be looking for the pot of gold at the end of a rainbow.
Stinger make you a deal...If either of us find it we go 50/50??

Oz
  • #884
  • Nov 2, 2009 10:29am Nov 2, 2009 10:29am
Quoting ozzieb88
Stinger make you a deal...If either of us find it we go 50/50??

Oz
You're on.
  • #885
  • Nov 2, 2009 11:03am Nov 2, 2009 11:03am
Here's an amusing thread on FF. Its like a riddle but apparently if you can figure it out, you can make a tonne of money. I'm still not sure what to make of it but I had a good laugh.

http://www.forexfactory.com/showthread.php?t=405
  • #886
  • Nov 2, 2009 11:28am Nov 2, 2009 11:28am
lol I dont think its a real system, it cant be...

Oh well back to what we know
  • #887
  • Nov 2, 2009 1:06pm Nov 2, 2009 1:06pm
Tony, I thought Id ask in here, The L system , whats it like performance wise, I saw today you took a couple of trades. do the bars have to be a certain length or not?

Oz
  • #888
  • Nov 2, 2009 7:54pm Nov 2, 2009 7:54pm
Hey tony,
I'm wondering if you use any kind of scaling.
Because your targets are huge wouldn't it be great to use reverse pyramiding
on your positions?
  • #889
  • Nov 2, 2009 7:55pm Nov 2, 2009 7:55pm
Cash Rate & RBA Rate Statement AUD/USD
coming up in about an hour and a half... get ready for some sick action.

I'm taking a buy position 1 sec. before rate announcement.
Invest in alarm clocks
  • #890
  • Nov 2, 2009 8:35pm Nov 2, 2009 8:35pm
Quoting ozzieb88
Tony, I thought Id ask in here, The L system , whats it like performance wise, I saw today you took a couple of trades. do the bars have to be a certain length or not?

Oz

here is more info on it
http://www.forexfactory.com/showthread.php?t=164375
Invest in alarm clocks
  • #891
  • Nov 2, 2009 8:36pm Nov 2, 2009 8:36pm
Quoting piponairever
Hey tony,
I'm wondering if you use any kind of scaling.
Because your targets are huge wouldn't it be great to use reverse pyramiding
on your positions?

It's no longer scalping as my targets exceed 40 pips. What do you mean pyramiding?
Invest in alarm clocks
  • #892
  • Nov 2, 2009 8:38pm Nov 2, 2009 8:38pm
Quoting Tony112
It's no longer scalping as my targets exceed 40 pips. What do you mean pyramiding?
Actually the trade approach is scalping the only difference is that you let the short term trade run.
  • #893
  • Nov 2, 2009 8:59pm Nov 2, 2009 8:59pm
guys, the setup in AUD/USD is a menace to the USD it's just just a bomb waiting to explode
Invest in alarm clocks
  • #894
  • Nov 2, 2009 9:02pm Nov 2, 2009 9:02pm
28 minutes left
Invest in alarm clocks
  • #895
  • Nov 2, 2009 9:26pm Nov 2, 2009 9:26pm
ahmm I bought it


FAIL.
Invest in alarm clocks
  • #896
  • Nov 2, 2009 9:36pm Nov 2, 2009 9:36pm
You'll make it back, buddy.

stuff like this happens.
  • #897
  • Nov 2, 2009 9:48pm Nov 2, 2009 9:48pm
Quoting Tony112
ahmm I bought it


FAIL.
Happens to the best of us.
  • #898
  • Nov 2, 2009 9:50pm Nov 2, 2009 9:50pm
the trade I took was very old school... I actually did it like back in the days... guessing.

I guess it literally took me... like back in the days... the bank account too
Invest in alarm clocks
  • #899
  • Nov 2, 2009 9:50pm Nov 2, 2009 9:50pm
nice.
Invest in alarm clocks
  • #900
  • Nov 2, 2009 9:53pm Nov 2, 2009 9:53pm
I'll still post the screen shot I haven't closed the trade yet
Invest in alarm clocks
10 traders viewing now