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Central Banks & Big Players

  • #1,221
  • Dec 21, 2009 2:11am Dec 21, 2009 2:11am
gbp/usd is as dead as a corpse in a funeral home
  • #1,222
  • Dec 21, 2009 2:11am Dec 21, 2009 2:11am
waiting for the next one
Invest in alarm clocks
  • #1,223
  • Dec 21, 2009 2:12am Dec 21, 2009 2:12am
Quoting mtftrade
gbp/usd is as dead as a corpse in a funeral home
LOL you just woke me up dude
Invest in alarm clocks
  • #1,224
  • Dec 21, 2009 2:28am Dec 21, 2009 2:28am
no action yet
Invest in alarm clocks
  • #1,225
  • Dec 21, 2009 2:32am Dec 21, 2009 2:32am
come on you're not gonna drag like that on a Monday morning
Invest in alarm clocks
  • #1,226
  • Dec 21, 2009 3:23am Dec 21, 2009 3:23am
u need an EA of some sort that will buy when the ATR is 10 and in the direction of that move from 3-10. be alot easier than staring at the screen
  • #1,227
  • Dec 21, 2009 9:06pm Dec 21, 2009 9:06pm
Hi, thought i'd jump in here. Good thread Tony.

I attached a few indicators. Straddle - I just use it to open position with sl,tsl,tp as soon as I hit the buy/sell button. You have to manually click buy/sell when 5sec. 10 bar spikes. These are not my indicators. All you do is load the straddle like you would any EA - goes in expert file.

straddle setting
shutDown.NOW false
enable.news.trading false
place.straddle.immediately false
Just set up your sl,tsl,tp

If you have ECN broker/five digit, add a zero

second is a support/ resistance indy.
Attached File(s)
File Type: mq4 Straddle&Trail_v31.mq4   50 KB | 677 downloads
File Type: mq4 level_trading_123.mq4   13 KB | 747 downloads
  • #1,228
  • Dec 22, 2009 3:47am Dec 22, 2009 3:47am
no continuation
Attached Image (click to enlarge)
Click to Enlarge Name: 123.JPG Size: 85 KB
Invest in alarm clocks
  • #1,229
  • Edited 10:07pm Dec 22, 2009 12:32pm | Edited 10:07pm
I reckoned that if banks are going to move a shed-load of cash, it would appear as a large tick. So I made a small indicator that will give an alarm when the tick size reaches a certain value.

Just save to your experts folder, attach to your charts and set your tick trigger level. Saves looking at the screens for hours and you can get on with your life. The size of each tick is shown in the corner of the screen and an alarm sounds when your trigger tick size is reached.

There are no trading functions attached to this version. It's just a "heads-up" alarm so that I don't miss any entries. I can then see if I want to jump in or not.

Let me know if the tick idea works. If not, then wltams 5sec indicator might be a way to go.

Peace

Patrick
Attached File(s)
File Type: mq4 tick_size.mq4   3 KB | 903 downloads
  • #1,230
  • Dec 22, 2009 1:42pm Dec 22, 2009 1:42pm
Sweet thanks...

Best to test it in the new year... I have stopped trading now. Just my feeling that the market is dying out for the holiday period.

But I would like to thank everyone on here especially Tony and Stinger... Made many many pips with this system... I cant wait till Jan...

How do you install the tick alarm? Like an indicator?

Wishing everyone a Merry Christmas and a Happy new year!!

Oz
  • #1,231
  • Dec 22, 2009 2:07pm Dec 22, 2009 2:07pm
yep, install to your experts folder and then attach to your charts as an EA.
  • #1,232
  • Dec 22, 2009 2:23pm Dec 22, 2009 2:23pm
Quoting ozzieb88
Sweet thanks...

Best to test it in the new year... I have stopped trading now. Just my feeling that the market is dying out for the holiday period.

But I would like to thank everyone on here especially Tony and Stinger... Made many many pips with this system... I cant wait till Jan...

How do you install the tick alarm? Like an indicator?

Wishing everyone a Merry Christmas and a Happy new year!!

Oz
Hey man how you gonna test it even though you are trading with Oanda? Just have it on a demo account?
  • #1,233
  • Dec 23, 2009 2:27am Dec 23, 2009 2:27am
I've never in my life seen a London open uglier than that. Not once I've entered...no continuation
Attached Image (click to enlarge)
Click to Enlarge Name: 124.JPG Size: 85 KB
Invest in alarm clocks
  • #1,234
  • Dec 23, 2009 3:05am Dec 23, 2009 3:05am
Quoting Sim
Hey man how you gonna test it even though you are trading with Oanda? Just have it on a demo account?
Hey Sim,

I use MT4 for my other trading method. So will just wack it on to see how the alarm goes off... I usually only trade the first 20-30mins of London Open on this method....as I have to leave to go to work.. So see if the alarm rings off the same time if I have an entry. If it does then I can continue using this at work, as I can leave MT4 open and wait for the alarm instead of staring at the screen all day and then not doing any work. Thats my plan anyway.

Oh and I only use Oanda and MT4 as demo accounts - I trade via IG spread betting here in the UK I dont have to pay anything for it. Taxes etc

Oz
  • #1,235
  • Dec 23, 2009 6:01am Dec 23, 2009 6:01am
Quoting Tony112
I've never in my life seen a London open uglier than that. Not once I've entered...no continuation
Owch.....that looks mad - was a bearish bias for an hour or more after the open. Hmm
  • #1,236
  • Dec 23, 2009 6:03am Dec 23, 2009 6:03am
Quoting ozzieb88
Hey Sim,

I use MT4 for my other trading method. So will just wack it on to see how the alarm goes off... I usually only trade the first 20-30mins of London Open on this method....as I have to leave to go to work.. So see if the alarm rings off the same time if I have an entry. If it does then I can continue using this at work, as I can leave MT4 open and wait for the alarm instead of staring at the screen all day and then not doing any work. Thats my plan anyway.

Oh and I only use Oanda and MT4 as demo accounts - I trade via IG spread betting...
Yeah that's a good idea I often thought it's a simple way to avoid paying tax once you're past the 9k income thing which you are as you have a job!

So you don't see much of a delay in pulling the trigger right by switching applications in the last seconds?

I'm from Dartford in UK too! BTW are you named after ozzie b from MoreFire crew? lol
  • #1,237
  • Dec 23, 2009 12:54pm Dec 23, 2009 12:54pm
LOL HAHA how old are you? nah I was ozzieb first funny you should say that hes performing at club 107 here in Crawley where I am boxing day.

Yeah that tax free stuff comes in handy when the big £££ roll in. Trust me with this method it does!

Not really, I have dual screens at work leave one on the trading platform, my boss knows I trade as long as I get my normal job done he doesnt care so its all good for me.


Oz
  • #1,238
  • Dec 23, 2009 3:14pm Dec 23, 2009 3:14pm
that's pretty nutz... crawley in sussex right is it near croydon?

I'm 20! Guessing you're born in 88? I'm glad the big £s are coming in for u... may I ask why you're still working lol!!
  • #1,239
  • Dec 23, 2009 3:16pm Dec 23, 2009 3:16pm
lol we've got people like olly murs and joe from x factory this holiday at our local clubs.... sigh
  • #1,240
  • Dec 23, 2009 4:08pm Dec 23, 2009 4:08pm
Yeah 21 mate, yeah good on you start trading young! get the hang of it....

Yeah right next door to Gatwick, Well im training to be a pilot and forex has started to pay for my license costing 60k upwards and I love my job... so work and make a tax free income on the side. It gets stressful though can never bank on making money! These hedge fund fat cats make their 2% fee anyway thats their wage anything on top is just a bonus...

How long you been trading for? haha well im sure the ladies are going to love it... be plenty for the taking if they are there!!! lol
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